The government will take appropriate legal steps (accompanied by enabling regulations) to transfer the Centerra shares currently owned by the KyrgyzAltyn JSC to the State Property Fund.
At P1R3, the authorities could not transfer the shares to the State Property Fund, but took precautionary steps to safeguard the national asset--preventing any sales of these shares without governemnt approval--and on the basis of this, the original spirit of the PC was deemed to have been met and a waiver was endorsed by the Board.