Article 6. State control and supervision in the field of compulsory liability insurance of vehicle owners of the Law on Compulsory Insurance of Civil Liability of Vehicle Owners
1. State control and supervision over the activities of insurance organizations shall be carried out by the authorized body for regulation, control and supervision of the financial market and financial organizations (hereinafter referred to as the authorized body) in accordance with the legislation of the Republic of Kazakhstan.
2. State control over the fulfillment by vehicle owners of the obligation to conclude a compulsory liability insurance contract for vehicle owners established by this Law is carried out by divisions of the authorized body for ensuring road safety when registering vehicles and exercising their other powers in the field of monitoring compliance with traffic rules, as well as regulatory legal acts of the Republic of Kazakhstan in the field of ensuring road safety.
3. State control over the fulfillment by vehicle owners of the obligation to conclude a compulsory liability insurance contract for vehicle owners established by this Law is carried out at automobile checkpoints across the State Border of the Republic of Kazakhstan, coinciding with the customs border of the Eurasian Economic Union, by state revenue authorities.
The Law of the Republic of Kazakhstan dated July 1, 2003 No. 446.
This Law regulates relations arising in the field of compulsory insurance of civil liability of vehicle owners, and establishes the legal, financial and organizational basis for its implementation.
President
Republic of Kazakhstan
© 2012. RSE na PHB "Institute of Legislation and Legal Information of the Republic of Kazakhstan" of the Ministry of Justice of the Republic of Kazakhstan
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