Article 8-1. Provision of information by a business partnership of the Law on Business Partnerships

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1. A business partnership is obliged, at the request of its members, to provide information about the activities of the partnership affecting the interests of its members.

Information affecting the interests of participants in a business partnership is recognized as:

1) decisions taken by the general meeting of the partnership's participants, the supervisory board, the executive body, the audit commission (auditor) of the partnership and information on the implementation of the decisions taken;

2) receipt by the partnership of a loan in the amount of twenty-five percent or more of the partnership's equity capital;

3) the commission by the partnership of a major transaction or a set of interrelated transactions, as a result of which property is acquired or alienated in the amount of twenty-five percent or more of the partnership's equity capital;

4) obtaining licenses by the partnership for carrying out any types of activities and (or) performing certain actions, suspending or terminating their actions, as well as revoking licenses previously obtained by the partnership for carrying out any types of activities and (or) performing certain actions;

5) seizure of the partnership's property;

6) the occurrence of circumstances of an extraordinary nature, as a result of which the property of the partnership was destroyed, the book value of which was ten percent or more of the total assets of the company;

7) bringing the partnership to administrative responsibility and (or) its officials to criminal or administrative responsibility;

8) the decision on the compulsory reorganization of the partnership;

9) audit report (if any);

9-1) information about the initiation of a corporate dispute case in court;

10) other information affecting the interests of the members of the partnership, in accordance with the articles of association of the partnership.

2. The provision of information on the activities of a business partnership affecting the interests of its participants is carried out in accordance with this Law and the charter of the partnership, unless otherwise provided by the laws of the Republic of Kazakhstan.

Information on the initiation of a corporate dispute case in court must be provided to the participants in accordance with the procedure provided for by the decision of the general meeting of participants (unless otherwise provided by the constituent documents), no later than seven working days from the date of receipt by the business partnership of the relevant court notice or summons in a civil case on a corporate dispute.

3. The provision of information on the activities of a business partnership to purchasers of shares is carried out in accordance with the articles of association of the partnership. The procedure for providing and the amount of information is established by the charter and the preliminary agreement on the acquisition of shares.

The Law of the Republic of Kazakhstan dated May 2, 1995 No. 2255.

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