Article 7. State supervision and control in the field of compulsory liability insurance of owners of facilities of the Law On Compulsory Insurance of Civil Liability of Owners of Facilities whose Activities are associated with the Risk of Harm to Third Parties

Home / RLA / Article 7. State supervision and control in the field of compulsory liability insurance of owners of facilities of the Law On Compulsory Insurance of Civil Liability of Owners of Facilities whose Activities are associated with the Risk of Harm to Third Parties

Article 7. State supervision and control in the field of compulsory liability insurance of owners of facilities of the Law On Compulsory Insurance of Civil Liability of Owners of Facilities whose Activities are associated with the Risk of Harm to Third Parties

1. State supervision and control 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 in accordance with the legislation of the Republic of Kazakhstan.

2. Excluded by the Law of the Republic of Kazakhstan dated 05/24/2018 No. 156-VI (effective ten calendar days after the date of its first official publication).

The Law of the Republic of Kazakhstan dated July 7, 2004 No. 580.

This Law regulates public relations arising in the field of compulsory insurance of civil liability of owners of facilities whose activities are associated with the risk of harm to third parties, and establishes the legal, economic and organizational basis for its implementation.

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Republic of Kazakhstan

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