Article 5. The right to found a mass medium

1. The right to found a mass medium belongs to natural and legal persons in accordance with legislation of the Republic of Kazakhstan. Mass medium may be found in a form of a legal person as well as in a form of structural subdivision of a legal entity.

Certificate of registration of a mass medium is a basis for realization of broadcasting (airing) of mass media products, dissemination of reports and materials of informational character. The given requirement does not apply to Web-sites".

2. It shall be prohibited for foreign natural persons and legal entities and persons with no citizenship to own directly or indirectly, use, dispose and/or manage more than 20 percent of stocks (shares) of a legal entity that owns a mass medium in the Republic of Kazakhstan or maintains activity in this sphere.