Review of the Law of the Republic of Kazakhstan "On Introduction of Amendments and Supplements to the Law of the Republic of Kazakhstan "On Subsoil and Subsoil Use"
Article from: OGEL 3 (2008), in Eurasian Energy
Introduction
On October 24, 2007 the President of the Republic of Kazakhstan Mr. Nazarbayev N.A. signed Law No. 2-IV "On Introduction of Amendments and Supplements to the Law "On Subsoil and Subsoil Use" (hereinafter referred to as the "Law") which introduces the following substantial amendments and supplements to the Law of RK "On Subsoil and Subsoil Use" dated January 27, 1996: 1) In the cases provided for by the Law, the Competent Body is allotted with the right to demand making amendments and/or supplements in contract terms and conditions; 2) If subsoil user refuses to make the ...