On additional measures to streamline subsurface use for geological exploration and mining

DECREE of the President of the Republic of Kazakhstan dated April 4, 1994 N 1637

In accordance with the Law of the Republic of Kazakhstan "on the temporary delegation of additional powers to the President of the Republic of Kazakhstan and Heads of local administrations" and in order to streamline the provision of subsurface resources for geological exploration and mining and stimulate domestic and foreign investments in subsurface development, I decree:      

1. Paragraph 1 has become invalid by Decree of the President of the Republic of Kazakhstan, which has the force of Law, dated January 27, 1996, No. 2828.      

2. It was introduced into the Ministry of Geology and Subsoil Protection of the Republic of Kazakhstan by the State Commission on Mineral Reserves.      

3. To establish that the Republican Fund for the Protection of Subsurface Resources and the Reproduction of the Mineral Resource Base is a target budget fund and is formed by deductions from the rates of reimbursement for exploration and protection of subsurface resources established by the Cabinet of Ministers of the Republic of Kazakhstan, as well as from proceeds from the sale of geological information and payments for licensing services and are spent only on for the intended purpose.      

4. This Decree has the force of Law and is valid until appropriate amendments and additions are made to the Code of the Republic of Kazakhstan on Subsoil and Processing of Mineral Raw Materials dated May 30, 1992.      

5. To invalidate the Decree of the President of the Republic of Kazakhstan dated August 18, 1992 No. 864 "on the establishment of the State Commission on Mineral Reserves" (SAPP of the Republic of Kazakhstan, 1992), No. 30, art. 437).      

6. This Decree comes into force from the moment of its signing.

President    

Republic of Kazakhstan     

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