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PRESIDENTIAL DECREE OF THE REPUBLIC OF UZBEKISTAN

of June 27, 2017 No. UP-5095

About creation of Fund of the state support of agricultural industry under the Ministry of Finance of the Republic of Uzbekistan

(The last edition from 26-09-2019)

For the purpose of ensuring stable development of farm-production, increase in productivity of crops, further forming of the effective, interconnected on all organizational links and stages, single system of financing of cultivation of agricultural products for public procurements, and also radical updating and equipment of the park of the equipment of producers of agro-industrial complex by modern high-productive agricultural machinery:

1.  No. UP-5428 voided according to the Presidential decree of the Republic of Uzbekistan of 03.05.2018

2. Determine that the Fund of the state support of agricultural industry under the Ministry of Finance of the Republic of Uzbekistan (further - Fund) is legal successor by all rights, obligations and agreements of Fund of target financing of public procurements of agricultural products and equipment by the equipment of agricultural industry under the Cabinet of Ministers of the Republic of Uzbekistan.

3. Consider the main objectives of Fund:

timely financing of calculations for the grown-up harvest of cotton and grain;

allocation, on returnable basis, loan for stimulation of deliveries on preferential leasing terms of modern high-productive agricultural machinery to the farms and other agricultural organizations participating in cultivation of agricultural products for public procurements;

financing of implementation and further enhancement of settlement system on the basis of use of modern information and computer technologies;

studying of experiment of the developing and developed states on financing of the agrarian sector for the purpose of the subsequent implementation of positive results in the republic.

4. Determine the main sources of forming of Fund:

the advance means arriving from export and realization to internal consumers of cotton fiber, and also receipt from final settlements on them;

means of positive difference from the final amount of parts exceeding wholesale prices according to the approved price list - following the results of realization of cotton fiber of the corresponding year of harvest;

the means arriving from realization and revaluation of grain, flour and flour products and also from sale at the free exchange biddings of the currency means which arrived from export of products;

the returned allocated target funds and percent added on them;

means of budgets of budget system;

No. UP-5189 voided according to the Presidential decree of the Republic of Uzbekistan of 12.09.2017

the attracted loans;

grants of the international financial institutions and means of the donor organizations;

the income arriving from placement of free remaining balance of fund;

other sources which are not prohibited by the legislation.

5. Exempt Fund from payment of all types of tax, except for the income tax of legal entities at payment source.

6. Determine that concerning all accounts of Fund, including the corresponding bank accounts according to which operations on turnover of fund are performed rationing arrangements are not applied.

7. Impose control of target use of fund, timely passing of payments and implementation of calculations at the scheduled time on Head department of the state financial control of the Ministry of Finance of the Republic of Uzbekistan by carrying out quarterly continuous and selective checks.

8. To the Cabinet of Ministers of the Republic of Uzbekistan to introduce to week time in accordance with the established procedure the draft of the resolution of the President of the Republic of Uzbekistan on the organization of activities of Fund of the state support of agricultural industry under the Ministry of Finance of the Republic of Uzbekistan.

9. Recognize invalid some acts of the President of the Republic of Uzbekistan according to appendix.

10. To the Ministry of Finance of the Republic of Uzbekistan together with the Ministry of Justice of the Republic of Uzbekistan and other interested ministries and departments to make in the Cabinet of Ministers of the Republic of Uzbekistan offers on the changes and amendments in the legislation following from this Decree in a month.

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