Article 240. Allocation of a subsoil plot Code on Subsoil and Subsoil Use Republic of Kazakhstan
1. The allocation of a subsurface area is carried out in the following cases::
1) allocation of a part of a subsurface area under an exploration license;
2) allocation of a part of a subsurface area under a mining license.
2. The allocation of a subsurface area is carried out subject to the following conditions:
1) the subsurface area for which the allocation is carried out does not have a retention status;
2) there is a prior consent of the pledgee to the allocation, if the right of subsurface use under a license for the subsoil area for which the allocation is being carried out is encumbered by a pledge.;
3) there are no outstanding obligations under the license for the subsurface area for which the allocation is being carried out;
4) the type of subsurface use operations in the allocated area corresponds to the type of subsurface use operations in the subsurface area for which the allocation is made.
3. The allocation of a subsurface area is formalized by making changes to the license for the subsurface area for which the allocation is made, and issuing a separate license for the allocated subsurface area.
4. The term of the exploration license for the allocated subsurface area is equal to the remaining term of the exploration license for the subsurface area for which a part of the site was allocated.
5. The term of the mining license for a designated area is determined by the duration of the remaining term of the mining license for the subsurface area for which a part of the site was allocated.
6. The transformation of subsurface areas by allocating a site entails a change and recalculation of the amount of obligations provided for in Articles 191 and 208 of this Code, in proportion to the size of the formed territories of subsurface areas.
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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