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Ministerial Decree No. 646 of 1996 regarding validation of the Regulation on authorized institution for conclusion and fulfilment of contracts for subsoil management.

Country/Territory
Kazakhstan
Document type
Regulation
Date
1996 (1997)
Source
FAO, FAOLEX
Subject
Mineral resources
Keyword
Institution Contract/agreement Environmental audit Minerals Exploration Authorization/permit Mining
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
Entry into force from the date of issue.
Abstract

Authorized institution for conclusion and fulfilment of contracts is a state body entitled by the Government with the plenary powers regarding conclusion and fulfilment of contracts with subsoil managers. Authorized institution must: 1. ensure the observance of the national interests; 2. conclude contract if licence is available and ensure compliance of the terms of contract with the terms of licence; 3. submit contracts to the competent state bodies for carrying out environmental audit; 4. to conclude mining contracts after state expertise and valuation of mineral deposits; 5. bear full responsibility for the preparation of contracts and fulfilment of terms and conditions within the date specified in the licence.

Full text
Russian