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Law No. 93 on compulsory ecological insurance.

Country/Territory
Kazakhstan
Document type
Legislation
Date
2005
Source
FAO, FAOLEX
Subject
Environment gen.
Keyword
Polluter pays principle Liability/compensation Pollution control Contract/agreement Subsidy/incentive
Geographical area
Aral Sea, Asia, Caspian Sea, Central Asia, CIS (Commonwealth of Independent States), Europe and Central Asia, Landlocked Developing Nations, North Asia
Entry into force notes
This Law enters into force on 1 January 2006.
Abstract

This Law regulates public relations originating from compulsory ecological insurance and establishes legal, economic and organizational grounds for carrying out thereof. Compulsory ecological insurance establishes liability and compensation for damages caused by accidental pollution. Objects of compulsory ecological insurance shall be valuable (property) interests of persons carrying out environmentally hazardous activities and establishes liability for compensation of damages caused to environment by accidental pollution. Basic principles of compulsory ecological insurance shall be guarantee of compensation of damages, fulfilment of contractual obligations and incentives for the prevention of accidental environmental pollution.

Full text
Russian
Website
e.gov.kz