Article 6-6. Project financing with the participation of a special financial company The Law on Project Financing and Securitization

Home / RLA / Article 6-6. Project financing with the participation of a special financial company The Law on Project Financing and Securitization

1. A special financial company enters into loan agreements with creditors and (or) issues bonds, ensuring the fulfillment of its obligations with allocated assets.

2. A special financial company, in accordance with the assignment agreement, transfers money to the contractor in order to finance or refinance its obligations or expenses incurred by the contractor as a result of the creation and transfer of property, as well as the provision of services and (or) the production of goods and (or) the performance of work in the process of using the created property in accordance with the basic agreement.. №

The Law of the Republic of Kazakhstan dated February 20, 2006 No. 126.

This Law establishes the legal basis and conditions for project financing and securitization in the Republic of Kazakhstan, defines the specifics of the assignment of claims and the legal regime of property in project financing and securitization, the legal status of a special financial company, as well as the legal basis and conditions for syndicated financing.

President

Republic of Kazakhstan

Constitution Law Code Standard Decree Order Decision Resolution Lawyer Almaty Lawyer Legal service Legal advice Civil Criminal Administrative cases Disputes Defense Arbitration Law Company Kazakhstan Law Firm Court Cases