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RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of June 16, 2018 No. 454

About approval of the Regulations on procedure for carrying out the electronic biddings on realization of objects of state-owned property and provision in lease of state-owned property

(In edition of the Presidential decree of the Republic of Uzbekistan of 11.10.2018 No. UP-5552)

According to the resolution of the Cabinet of Ministers of the Republic of Uzbekistan of March 22, 2018 No. 209 "About measures for implementation of the electronic biddings in case of realization and provision in lease of the state assets", for the purpose of enhancement of procedure for privatization of objects of state-owned property, increase in efficiency of mechanisms and procedures of their realization, and also ensuring publicity and transparency when implementing transactions with objects of state-owned property the Cabinet of Ministers decides:

1. Approve Regulations on procedure for carrying out the electronic biddings on realization of objects of state-owned property and provision in lease of state-owned property according to appendix.

2. To the ministries and departments to bring the regulatory legal acts adopted by them into accord with this resolution in a month.

3. To impose control of execution of this resolution on the deputy prime minister of the Republic of Uzbekistan - the chairman of the State committee of the Republic of Uzbekistan on investments S. R. Holmuradov and the chairman of the State committee of the Republic of Uzbekistan on assistance to the privatized companies and development of the competition of R. A. Gulyamov.

Prime Minister of the Republic of Uzbekistan

Abdullah Aripov

Appendix

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of June 16, 2018 No. 454

Regulations on procedure for carrying out the electronic biddings on realization of objects of state-owned property and provision in lease of state-owned property

Chapter 1. General provisions

1. This Provision determines procedure for realization of the state shares in authorized capitals (authorized capital) of limited liability companies, the state real estate objects, and also procedure for provision in lease of state-owned property to non-state legal entities and physical persons by means of auctions and competitions held electronically.

2. Action of this provision does not extend to the relations arising:

a) in case of realization of objects of state-owned property:

based on the judgment;

the free economic zones located in the territories, science and technology parks and small industrial zones;

based on the decision of State commission on holding tenders in case of sale of state-owned property to foreign investors (further - the State tender commission) if other is not provided by its decision;

based on decisions of the President of the Republic of Uzbekistan or the Cabinet of Ministers if other is not provided by these decisions;

b) by transfer to lease:

objects of state-owned property at the "zero" rate;

the state-owned property which is in the territories of free economic zones, science and technology parks and small industrial zones;

personal estate;

c) concerning property of the state-owned companies participating in the Program of transformation of the state companies and other legal entities with the prevailing share of the state in authorized fund in 2018 - 2020 according to the resolution of the President of the Republic of Uzbekistan of May 12, 2018 No. PP-3720 "About measures for enhancement of management system the state assets" if other is not established by decisions of the National agency of project management in case of the President of the Republic of Uzbekistan.

3. For the purposes of this provision the following basic concepts are used:

the lessee - the non-state legal entity or physical person which signed the lease agreement of state-owned property on the conditions and according to the procedure established by this Provision;

the lessor - the Center of lease of state-owned property in case of Goskomkonkurention Respubliki Karakalpakstan, territorial administrations of Goskomkonkurention of the Republic of Uzbekistan in areas and Tashkent;

auction number - number assigned to the participant for participation at auction in the presence of the electronic application for participation in the biddings;

the asset holder - the legal entity to whom object of state-owned property is assigned implemented (provided in lease);

redemption payment - the money in national currency paid by the buyer for acquired object of state-owned property in Fund of assistance to the privatized companies under the State committee of the Republic of Uzbekistan on assistance to the privatized companies and development of the competition by lump sum payment or by installments;

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