Introduction to law Business Law

Home assignment 2
Chapters 1, 8, 9 & 10
Section 1, Civil Code (General Part)

Terms
SNA – Statute on Normative Acts
vs.=versus=against – против
Contract – договор
Transaction - сделка
Burden of proof - бремя доказывания
Legal Force of Normative Acts – юридическая сила нормативных актов
Evidence - доказательства
Fine – штраф
Imprisonment – лишение свободы
Retroactive force – обратная сила

Plan (Legal Force of Normative Acts)
Action in Time
(действие во времени)
Territorial Action
(действие в пространстве)

Remark (explanation)
Нормативно Правовой Акт
Normative Legal Act

1. Action in Time

Example
In 2009, Marina rented (взяла в
аренду) a house for 3 years.
In 2011, KZ Parliament passes a
statute obligating all tenants
(арендаторы) to be registered
with tax authorities within a month
from the beginning of the contract.
In the event of non-compliance (не
соблюдения), the penalty is a fine
of KZT 10 mln.

Example
New Statute =>
registration & fine
2011
Rent
for 3 years
2009
2011
Registration? & Fine?
Does Marina have
to register with tax authorities?
Yes, and pay the fine.
Yes, no fine.
No, and no fine.

Example
New Statute =>
registration & fine
2011
Rent
for 3 years
2009
2011
No need for registration, and no fine, art. 37, SNA
Does Marina have
to register with tax authorities?
Yes, and pay the fine.
Yes, no fine.
No, and no fine, art. 37, SNA.

Example
New Statute =>
registration & fine
2011
Rent
for 3 years
<=1917
2011
No need for registration, and no fine, art. 37, SNA
Let’s apply retroactive force. What happens?

Example
New Statute =>
registration & fine
2011
Rent
for 3 years
2008
Is 2008 statute still applicable (применяется) in 2011?
Yes
Yes, partially.
No
Old Statute =>
No registration & fine
2009

Example
New Statute =>
registration & fine
2011
Rent
for 3 years
2008
Is 2008 statute still applicable (применяется) in 2011?
Yes, SNA
Yes, partially.
No
Old Statute =>
No registration & fine
2009

2. Territorial Action

2. Application (art. 41-42, Statute on Normative Acts)
If Rocket Singh, an Indian:
sells bags only to Indians
in KZ
Does KZ Law apply or not?

2. Application (art. 41-42, Statute on Normative Acts)
If Rocket Singh, an Indian:
sells bags only to Indians
in KZ
Does KZ Law apply or not? Yes.

2. Application (art. 41-42, Statute on Normative Acts)
If an Indian company
sells electronics only to Indians
in KZ
Does KZ Law apply or not?

2. Application (art. 41-42, Statute on Normative Acts)
If an Indian company
sells electronics only to Indians
in KZ
Does KZ Law apply or not? Yes.

Example 1
Let’s assume that:
it is legal to trade with opium in Afghanistan.
Omar decided to arrange trade with KZ, and starts selling to afghans in KZ.
in KZ, opium is banned (запрещен)
Does KZ legislation apply to Omar’s trade with KZ?

Example 1
Let’s assume that:
it is legal to trade with opium in Afghanistan.
Omar decided to arrange trade with KZ, and starts selling to afghans in KZ.
in KZ, opium is banned (запрещен)
Does KZ legislation apply to Omar’s trade with KZ? art.41, SNA

Example 2
KMG EP sold its shares in the UK.
Let’s assume that Aibek, an officer of
KMG EP, located in Ozen in KZ, trades
shares of KMG EP through mobile
Internet. He has inside information that
the shares are going to rise.
Let’s assume that UK has criminal liability
for insider trading.
Does UK legislation apply to Aibek, who lives in Ozen?