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Issues of the Legislation and its Application Practice in the Area of Subsurface Use in the Republic of Kazakhstan

                                                                                                                         


GRATA Law Firm invites you to participate in the Second Annual Forum of Subsurface Users of Kazakhstan, the subject of which will be the «Issues of the Legislation and its Application Practice in the Area of Subsurface Use in the Republic of Kazakhstan».

The event will take place on the 23rd of April 2010 in Almaty city, the venue: 98 Panfilov Str., on the corner of Kazybek be Str., Old Square Business Center, ground floor, conference hall.

Media partner: Sovet Directorov


Conference Materials.

Conference Agenda:

09:30—10:00

Registration of participants

10:00—10:15 The opening of the conference. Greetings from the organisers.
Tlek Baigabulov, Senior Partner of “GRATA” Law Firm
   
Part 1
10:15—11:30
Investment climate in Kazakhstan in the area of subsurface use. Monitoring of the fulfilment of contractual obligations by subsurface users.
Some important aspects of the draft of new Subsurface Law.
10:15—10:30 Zhakupov Nurlan Karshagovich, JSC “National Mining Company Tau-Ken-Samruk”, the Managing Director of the corporate development department.
Topic: “Investment opportunities in the mining industry”
10:30—10:45 Toktabayev Timur Serikovich, one of the developers of the new draft law “On Subsurface”
Topic: “On the new draft law on subsurface”
10:45—11:00 The Representative of the Monitoring Division of the Direct Investments Into  Subsurface use Department of the Ministry of Oil and Gas of the Republic of Kazakhstan.
Topic:  “Monitoring of the fulfilment of contractual obligations and obligations under licences by subsurface user”
11:00—11:15 Zhakupov Bakhytzhan Akutayevich, the Judge of Supervisory Board of Supreme Court of the Republic of Kazakhstan.
Topic: “An analysis of litigation practice in Kazakhstan on disputes arising out of unilateral rescission of subsurface use contracts”.

11:15—11:30

Discussion (Q&A)

11:30—11:45

Coffee break

   
Part 2
11:45 -13:00
 
Kazakhstan content
11:45—12:00 Nurbekov Zhan Imangaliyevich, JSC “Kazakhstani contractual agency”, The Chairmen of the Board
Topic: “The procedure of state control over compliance with Kazakhstan content requirements”
12:00—12:15 Odd Magne Instefjord, StatOil Kazakhstan,The General Director
Topic: “The development of the local content. Norwegian experience”
12:15—12:30 Victoria Katanayeva, The Head of the “Commercial Law, subsurface use” Department at “GRATA” Law Firm.
Topic: “Current aspects of the legal regulation of issues on Kazakhstan content in subsurface use”
12:30—12:45 Molder Zhaksybayeva, The Director of the Legal Department at Max Petroleum PLC
Topic: “Issues of complying with local content requirements in the procurement of goods, works and services during oil operations” 
12:45—13:00 Discussion (Q&A)
   

13:00—14:00

Lunch

   
Part 3
14:00 -15:15
 
Taxation and transfer pricing in subsurface use
14:00—14:15 The Representative of the Specialized Department of the Tax Committee of the Ministry of Finance of the Republic of Kazakhstan
Topic: “Frequently made breaches of tax legislation by subsurface users”.
14:15—14:30 Assel Iliyassova, The Head of the “Tax Law” Department at “GRATA” Law Firm.
Topic: “Tax accounting of subsurface user’s costs during exploration for reimbursement purposes during production. How to avoid problems in the future”
14:30—14:45 Almat Duamov, The Director of Almaty office of “GRATA” Law Firm
Topic: “Taxation of subsurface users: issues of the legislation and its application. Summary of 2009.
14:45—15:00 Arman Mendybayev, Partner at “GRATA” Law Firm, The Head of the “Transfer Pricing” Department, one of the developers of the new law of the Republic of Kazakhstan “On Transfer Pricing”.  
Topic: “Practical recommendations on minimisation of additional tax assessment risks in transfer pricing”
15:00—15:15 Discussion (Q&A)
   

15:15—15:30

Coffee break

   
Part 4
15:30 -17:00
 
Mergers & Acquisitions transaction in subsurface use.
15:30—15:45 “Herbert Smith” International Law Firm
Topic: “M&A in subsurface use. The role of a foreign consultant”.
15:45—16:00 Bolat Miyatov, Partner at “GRATA” Law Firm, The Director of the “Corporate Law” Department.
Topic: “M&A market in the area of subsurface use in Kazakhstan. Summary of 2009”
16:00—16:15 Alzhan Stamkulov, Senior Lawyer of the Natural Resources Department at “GRATA” Law Firm
Topic: “Legal basis for the realisation of greenfield projects in Kazakhstan” 
16:15—16:30 Shaimerden Chikanayev, Partner at “GRATA” Law Firm, The Director of the “Finance and Securities” Department.
Topic: “Company debt restructuring: legal issues”
16:30—16:45 Discussion (Q&A)
   
16:45—16:50 Closure of the conference

Simultaneous translation will be provided.

In order to participate in the seminar, you need to fill out a registration form and send it back to us by 21.04.2010. The number of places is limited.

We look forward to seeing you at the conference!