Decree No. 1069

  DECREE NO. 1069 OF 26TH DECEMBER 2015 OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

  CONCERNING THE APPROVAL OF THE REGULATIONS CONCERNING ACTIVITY OF THE INVESTMENT OMBUDSMAN

  	In accordance with Article 317 of the Entrepreneurial Code dated 29th October 2015 of the Republic of Kazakhstan the Government of the Republic of Kazakhstan decrees:

  	1. That the attached Regulations Concerning Activity of the Investment Ombudsman shall be approved.

  	2. That Decree No. 1153 of 30th October 2014 of the Government of the Republic of Kazakhstan “Concerning the Approval of the Regulations Concerning Activity of the Investment Ombudsman” (CAGP of the Republic of Kazakhstan, 2014, No. 66, i. 614) shall be recognized invalid.

  	3. That this Decree shall enter in force from 1st January 2016 and be officially published.

 Prime Minister of the Republic of Kazakhstan

 K. Massimov

 	1. General Provisions

  	1. These Regulations Concerning Activity of the Investment Ombudsman (henceforth – the Regulations) have been elaborated in accordance with Article 317 of the Entrepreneurial Code dated 29th October 2015 of the Republic of Kazakhstan.

  	2. An investment ombudsman means an official person to be appointed (determined) by the Government of the Republic of Kazakhstan, who is entrusted with the functions for assistance in the protection of rights and legal interests of investors.

  	3. The investment ombudsman shall be governed in own activity by the Constitution of the Republic of Kazakhstan, laws of the Republic of Kazakhstan, acts of the President of the Republic of Kazakhstan and of the Government of the Republic of Kazakhstan, other regulatory legal acts of the Republic of Kazakhstan and these Regulations as well.

 	2. Main Functions of the Investment Ombudsman

  	4. The main functions of the investment ombudsman shall be as follows: