Foundations Regulations Schedule 3: fine row "6(6)" for failing to give a copy of an assignment; the duty and the fine are in s.6(7)

Row "6(6) Person failing to provide a copy of assignment of rights - 1,500". s.6(6) only permits assignment of rights if the By-laws allow. The duty to give the Registrar a copy within 30 days, with "liable to a fine, as set out in Schedule 3", is s.6(7). Amendments No. 3 (2023) itself quotes 6(7) as the fine provision. The description in the row matches 6(7).

Proposed correction

Please replace "6(6)" with "6(7)" in Schedule 3.

Jurisdiction

Kazakhstan — AIFC

Act

AIFC Foundations Regulations, V5

Place

Foundations Regulations V5, Schedule 3, row 1

Record

Discrepancy

Class

Text of the act

Where it arose

The text of the act

Arxo's conclusion

Confirmed

Official text

Unchanged at last check

Last checked

2026-10-24

Evidence

Contradiction within the text. Quotations are verbatim from the official material; translations are ours and marked.

Person failing to provide a copy of assignment of rights

Any rights a Person may have in respect of a Foundation may be assigned to some other Person, if its By-laws so provide.

If rights are assigned under subsection (6), the Person assigning the rights must within a period of thirty (30) days provide a copy of the assignment to the Registrar.

How to check it without Arxo's tools

1. Open AIFC Foundations Regulations V5 with amendments as of 17 October, commence on 1 January 2025 and find Foundations Regulations V5, Schedule 3, row 1; Foundations Regulations V5, s.6(6); Foundations Regulations V5, s.6(7). Compare the text with the quotation above. A copy is kept in this register: 1101421f81f4073f-fr_v5_may_2024_ba.pdf (SHA-256 1101421f81f4073f8d6409fa9a7f4d564402f8b5fe55d94fe1600ee6922797d2, copy of the official file).
2. The finding holds if the quoted passages read as shown and the comparison gives the result stated at the top of this page. If it does not, write to us with the record ID.

How this finding was made

AI agents read the official texts, turned the provisions concerned into executable rules and ran the comparison; they also drafted this record. A person at Arxo checked the finding and approved the report before it was sent (2026-10-27).

Responsible institutions

• AIFC Authority — body that prepares AIFC acts and publishes them on the AIFC website

Reported to

Responses

No response recorded.

Documents and reproduction

• AIFC Foundations Regulations V5 with amendments as of 17 October, commence on 1 January 2025

History

1. 2026-10-24Confirmed by Arxo
2. 2026-10-27Entered in the register
3. 2026-10-27Reported to AIFC Authority (e-mail)

Cite this record

Arxo Law, Arxo Findings Register, ARXO-2026-0185, https://arxo.io/findings/ARXO-2026-0185/ (status as of 2026-10-24). Data: ARXO-2026-0185.json.