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ARTICLE · 21 MARCH 2024

Amendments To The Code On Subsoil And Subsoil Use

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On 28 February 2024, with some exceptions regarding some paragraphs and articles, the Law of the Republic of Kazakhstan dated 28 December 2023...

KazakhstanReal Estate and Construction
Ayana Unerbayeva
Ayana Unerbayeva

On 28 February 2024, with some exceptions regarding some paragraphs and articles, the Law of the Republic of Kazakhstan dated 28 December 2023 No. 52-VIII "On Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan on Subsoil Use and Ecology" (hereinafter, the "Law") entered into force. The purpose of the Law is to improve legislation in the field of subsoil use.

One of the amendments, which, in our opinion, will have a significant impact on the existing practice of the implementation of the priority right of the state, is to amend Article 43 of the Code of the Republic of Kazakhstan dated 27 December 2017 No. 125-VI "On Subsoil and Subsoil Use" (hereinafter, the “Code”).

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