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ARTICLE · 11 JANUARY 2017

Legislative News. September-October 2016

Signum Law Firm
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This Client Update covers the key amendments to the laws of the Republic of Kazakhstan ("RK") and various legal developments introduced in September and October 2016.

KazakhstanTax
Liza Zhumakhmetova
Liza Zhumakhmetova
Gaukhar Kudaibergenova
Gaukhar Kudaibergenova
Ulan Stybayev
Ulan Stybayev

This Client Update covers the key amendments to the laws of the Republic of Kazakhstan ("RK") and various legal developments introduced in September and October 2016.

NOVELTIES IN LEGISLATION

The laws covered by the present Client Update relate to both public and private sectors. Some of them may be of interest to you as they may affect your business activity in Kazakhstan.
We would like to draw your attention to the following legal acts.

LAWS

Payments And Payment Systems

On 26 July 2016, the President of the RK signed the Law No. 12-VІ "On Amendments To Certain Legislative Acts On Payments And Payment Systems" ("the Law").

The Law provides for the following amendments and novelties to the Civil Code of the RK:

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