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LAW OF THE REPUBLIC OF UZBEKISTAN

of October 3, 2018 No. ZRU-494

About modification and the amendments in some legal acts of the Republic of Uzbekistan aimed at the development of the economic relations and entrepreneurship

Accepted by Legislative house on August 30, 2018

Approved by the Senate on September 27, 2018

Article 1. Bring in part the second article 4 of the Law of the Republic of Uzbekistan of April 25, 1996 No. 216-I "About banks and banking activity" (Sheets of Oliy Majlis of the Republic of Uzbekistan, 1996, No. 5-6, of Art. 54; 1997, No. 2, Art. 56, No. 9, Art. 241; 1999, No. 5, Art. 124, No. 9, Art. 229; Sheets of chambers of Oliy Majlis of the Republic of Uzbekistan, 2006, No. 9, Art. 491, No. 10, Art. 536; 2008, No. 12, Art. 640; 2009, No. 4, Art. 133, No. 9, Art. 337; 2012, No. 4, Art. 105; 2013, No. 4, Art. 98; 2017, No. 9, Art. 510; 2018, No. 4, Art. 224) following amendment and change:

add with the paragraph the eleventh the following content:

"issue of microloan";

the eleventh to consider the paragraph the paragraph the twelfth.

Article 2. Bring in the Law of the Republic of Uzbekistan of May 25, 2000 No. 71-II "About licensing of separate types of activity" (Sheets of Oliy Majlis of the Republic of Uzbekistan, 2000, No. 5-6, of Art. 142; 2003, No. 1, Art. 8; Sheets of chambers of Oliy Majlis of the Republic of Uzbekistan, 2006, No. 4, Art. 154, No. 10, Art. 536; 2011, No. 9, Art. 245; 2013, No. 4, Art. 98; 2014, No. 12, Art. 343; 2015, No. 8, Art. 312, No. 12, Art. 452; 2016, No. 12, Art. 385; 2017, No. 4, Art. 137) following changes and amendments:

The first and second Article 12 to state 1) to part in the following edition:

"Licenses for the right of implementation of separate types of activity are granted without restriction of term of their action.

Concerning the separate licensed types of activity by the legislation limited effective period of the license, but can be determined at least five years";

2) in Article 16:

add with parts seven and the eighth the following content:

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