The legislation, passed late on Thursday, allows the government to run Kumtor for up to three months.
Centerra has said the 2009 restated project agreements which govern the Kumtor mine contained a specific tax and fiscal regime.
The company is also facing a civil suit against the operation, requesting that its past practice of placing waste rock on glaciers be determined illegal.
President Sadyr Japarov, who seized power after violent riots last October, once campaigned for the nationalization of the mine.