From CapeNews.Net By ELIZABETH W. SAITO August 8, 2014 Forty years ago today, President Richard M.
Law No. 121 on Electronic Payments
(enacted in 1999)
Law No. 121 on Electronic Payments establishes the legal status of electronic payments and is intended to resolve relationships that arise during the conduct of electronic payments in the Kyrgyz Republic.
This law includes the following provisions:
- General provisions;
- Electronic payments; and
- Security of electronic payments.
DISCLAIMER: Due to the fact that an English translation was unavailable for this law, information for this summary has been taken from secondary sources and not from review of the actual legal text.