Resolution of the Board of the National Bank of the Kyrgyz Republic No. 10/3 of 12 March 2008 on Amending Resolution No. 36/6 of 25 July 2007 on the Regulation on Licensing Activities for the Provision of Payment Services Using Electronic Money

REPEALED in accordance with the resolution of the Board of the National Bank of the Kyrgyz Republic of 12 May 2015 No. 27/8

Registered with the Ministry of Justice of the Kyrgyz Republic 18 April 2008. Registration number 24-08

NATIONAL BANK OF THE KYRGYZ REPUBLIC

RESOLUTION

of 12 March 2008 No. 10/3

On Amending the Resolution of the Board of the National Bank of the Kyrgyz Republic of 25.07.07 No. 36/6 "On the Regulation on Licensing Activities for the Provision of Payment Services Using Electronic Money", Registered with the Ministry of Justice of the Kyrgyz Republic on 27 August 2007, Registration Number 81-07

Having considered the draft amendment to the resolution of the Board of the National Bank of the Kyrgyz Republic of 25.07.07 No. 36/6 "On the Regulation on Licensing Activities for the Provision of Payment Services Using Electronic Money", registered with the Ministry of Justice of the Kyrgyz Republic on 27 August 2007, registration number 81-07, guided by Articles 7 and 43 of the Law of the Kyrgyz Republic "On the National Bank of the Kyrgyz Republic", the Board of the National Bank of the Kyrgyz Republic

RESOLVES:

1. To introduce into the resolution of the Board of the National Bank of the Kyrgyz Republic of 25.07.07 No. 36/6 "On the Regulation on Licensing Activities for the Provision of Payment Services Using Electronic Money", registered with the Ministry of Justice of the Kyrgyz Republic on 27 August 2007, registration number 81-07, the following amendment:

• to supplement with paragraph 5 of the following content:

"5. Legal entities and individual entrepreneurs providing payment services using electronic money shall bring their activities into compliance with the procedure established in the Regulation "On Licensing Activities for the Provision of Payment Services Using Electronic Money" within the period until 1 September 2008";

• paragraphs 5, 6, 7 shall be considered respectively subparagraphs 6, 7, 8.

2. The Payment Systems Department, together with the Legal Department, shall in the established procedure send this resolution for state registration to the Ministry of Justice of the Kyrgyz Republic.

3. This resolution shall enter into force from the moment of official publication after state registration with the Ministry of Justice of the Kyrgyz Republic.

4. After publication of the registered normative legal act, the Legal Department shall inform the Ministry of Justice of the Kyrgyz Republic of the source of publication (name of the publication, its number and date).

5. The Payment Systems Department shall bring this resolution to the attention of commercial banks, as well as legal entities and individual entrepreneurs carrying out this type of activity.

6. Control over the execution of this resolution shall be entrusted to the Deputy Chairman of the National Bank of the Kyrgyz Republic Chokoev Z.L.

Chairman	M. Alapaev