Department of State Property and Privatization of the City of Astana of the Committee for State Property and Privatization of the Ministry of Finance of the Republic of Kazakhstan

    General information

    Functions of the Department:

    1) Coordination of the transfer of property assigned to republican legal entities, with the exception of the transfer of property of republican state institutions that are central government bodies, and state-owned enterprises;

    2) Approval of separation, interim liquidation and liquidation balance sheets, as well as transfer acts during the reorganization and liquidation of territorial divisions of central executive bodies;

    3) Provision of republican property for property lease (rental), trust management to individuals and non-state legal entities without the right of subsequent redemption, with the right of subsequent redemption or the right of subsequent transfer to small business entities free of charge;

    4) If the privatization property contains material assets from the state material reserve, notification of the authorized body in the area of ​​the state material reserve and the relevant central executive bodies within five working days of the decision to sell, so that they can decide on the further placement of these material assets until the privatization of the property;

    5) implementing the privatization of republican property, as well as enterprises as a property complex that are not natural monopolies or market entities occupying a dominant or monopolistic position in the market, ensuring the safety of republican property during the preparation of the object for privatization, engaging an intermediary to organize the privatization process, ensuring the valuation of the privatization object, preparing and concluding contracts for the sale and purchase of the privatization object and monitoring compliance with the terms of the contracts;

    6) preparing and submitting, at the request of the buyer, information on encumbrances on privatization objects, as well as the amount of accounts payable and receivable, contracts concluded by the privatized enterprise, if the object of privatization is an enterprise as a property complex;

    7) representing the interests of the state on matters of republican property, protecting the property rights belonging to the Republic of Kazakhstan;

    8) participation in the implementation of state monitoring of property in economic sectors of strategic importance, in accordance with the Law of the Republic of Kazakhstan dated November 4, 2003 "On State Monitoring of Property in Economic Sectors of Strategic Importance";

    9) participation in tracking monitored objects based on key production, technical, technological, financial, economic, legal, and other parameters in order to analyze ongoing changes and forecast the development of productive forces in economic sectors of strategic importance;

    10) collection of income from the lease of property in state ownership to the republican budget;

    11) participation in the acceptance of facilities created on the basis of concession agreements and public-private partnerships into republican ownership;

    12) implementation, at least once every three years, of control over the targeted use of state property and the seizure of excess, unused, or improperly used property in relation to republican property;

    13) concluding gift agreements, signing and approving acceptance certificates for the property of non-state legal entities and individuals;

    14) maintaining records of property, the rights to which have been acquired by the state under a gift agreement, by entering information about it in the state property register;

    15) implementing, in agreement with the authorized body of the relevant industry, the seizure or redistribution of property transferred to a territorial government body or institution;

    16) implementing the seizure of excess, unused, or improperly used property of territorial government bodies and institutions, identified as a result of monitoring the targeted use of state property, after six months from the date of monitoring without the consent of the authorized body of the relevant industry;

    17) engaging experts, as well as consulting, appraisal, audit, and other organizations in monitoring the execution of a sale and purchase agreement, including one that has expired;

    18) implementing monitoring of the targeted and effective use of republican property;

    19) notifying the managers of the monitoring facility about the inspection, indicating the persons assigned to conduct it and the list of information that must be provided for review;

    20) exercising powers to transfer the property of territorial state bodies and institutions for use;

    21) organizing work on the accounting, storage, evaluation, and subsequent use of property transferred (received) into republican ownership on certain grounds;

    22) participating in the coordination of work on state property monitoring;

    23) making a request for and obtaining information on the subject of state property monitoring necessary for a reliable and objective analysis;

    24) involving representatives of the central and local executive bodies of the Republic of Kazakhstan in the direct inspection of monitoring facilities, collection and analysis of information related to the subject of state property monitoring;

    25) making a request and receiving from the central and local executive bodies of the Republic of Kazakhstan, as well as monitoring objects, documents and information necessary for the implementation of state monitoring of property;

    26) participation in the development of regulatory legal acts on matters within the competence of the Committee, with the exception of regulatory legal acts affecting human and civil rights and freedoms;

    26-1) provision of territorial divisions of central government bodies, with the exception of the state material reserve and property under operational management, special government and law enforcement agencies, the Armed Forces of the Republic of Kazakhstan, other troops and military formations, with property necessary for the performance of assigned functions according to the list approved by the authorized body for state property;

    26-2) transfer of the Department's assets to a single operator in the field of state property accounting for trust management, in accordance with the list approved by the authorized body for state property;

    26-3) financing a single operator in the field of state property accounting for the management and maintenance of the property of territorial divisions of the authorized body for state property in accordance with the list approved by the authorized body for state property;

    26-4) transferring the property of republican state institutions, with the exception of the property of central state bodies and their departments, to municipal ownership;

    26-5) coordinating the transfer of property of municipal legal entities to republican ownership on the balance sheet of republican state institutions, with the exception of transfer to the balance sheet of central state bodies and their departments;

    26-6) assigning property converted (received) to republican ownership on certain grounds to the balance sheets of republican state institutions, with the exception of central state bodies and their departments;

    26-7) transfer of property converted (received) into republican ownership on certain grounds to municipal ownership;

    26-8) approval of the transfer of property converted (received) into municipal ownership on certain grounds to republican ownership on the balance sheet of republican state institutions, with the exception of transfer to the balance sheet of central state bodies and their departments;

    27) performs other functions stipulated by the legislation of the Republic of Kazakhstan.