Article 100-1. The cost of the privatisation facility The Law on State Property
1. The initial price of an object of privatization is determined on the basis of a valuation report on the object of privatization submitted by independent consultants or an appraiser, and is established by the commission on privatization of state-owned objects in the amount of the book value or estimated value, depending on which value will be the highest.
Privatisation objects are offered for sale at a starting price not lower than the initial price of the privatisation object, except in cases of second and subsequent auctions.
2. The valuation of privatisation facilities in the form of state-owned controlling stakes (stakes in the authorized capital) of joint-stock companies (limited liability partnerships), the book value of which is more than 2,500,000 times the monthly calculation index established by the law on the republican budget and effective on January 1 of the relevant financial year, is carried out by independent consultants in accordance with with international assessment standards.
3. The evaluation of privatisation facilities, with the exception of the case provided for in paragraph 2 of this Article, is carried out in accordance with the legislation of the Republic of Kazakhstan on valuation activities.
4. Independent consultants are legal entities, including foreign ones or their associations, participants in valuation and (or) investment activities, and (or) financial consulting, engaged by the seller in order to assess the value of the privatisation object and (or) support transactions on privatisation objects.
5. The involvement of independent consultants and an appraiser is carried out in accordance with the legislation of the Republic of Kazakhstan on public procurement.
The involvement of an independent consultant is carried out in accordance with the procedure determined by the central authorized body for state planning.
6. The sale price of the privatisation facility is determined based on the results of the auction.
The Law of the Republic of Kazakhstan dated March 1, 2011 No. 413-IV.
This Law defines the legal regime of state property, the legal basis for the management of State property, including property assigned to State-owned legal entities, and state-owned shares and stakes in the authorized capital of legal entities, the legal grounds for the acquisition and termination of rights to state property, and is aimed at ensuring the effective exercise by the State of the rights of the owner and holder of other rights. on state property.
President
Republic of Kazakhstan
© 2012. RSE na PHB "Institute of Legislation and Legal Information of the Republic of Kazakhstan" of the Ministry of Justice of the Republic of Kazakhstan
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