News

1411.2013

By the order of the World Bank and the Kazakhstan Ministry of Regional Development, Sayat Zholshy & Partners has officially drafted the Kazakhstan law On Licenses and Notices

The new draft law appears to be the most comprehensive and progressive legislative draft aimed to modernize the legal framework for all licenses and notices applicable in Kazakhstan.
Dmitriy Chumakov, a partner of Sayat Zholshy & Partners renowned for drafting numerous legislative acts and bylaws of the Republic of Kazakhstan, took the lead in the large-scale project for the primary and secondary law drafting.
The draft law On Licenses and Notices contemplates, among other things, the introduction of an exhaustive list of all licenses and notices applicable in Kazakhstan, as well as the establishment of unified licensing and approval principles and procedures.  Upon the adoption of the law, Kazakhstan will introduce two categories and six classes of specific licenses.
Besides, the draft law more actively applies such best international practices as “one stop shopping” and “silence means consent”, and sets forth the procedures for introduction of new licenses and abolition of inefficient licenses through the regulatory impact analysis.  The draft law winds up the project for implementation of a unified licensing system in Kazakhstan.  Sayat Zholshy & Partners enjoyed the privilege of drafting the law.  We feel highly honoured.