RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of December 31, 2019 No. 1060

About the organization of activities of the agency on development of the insurance market under the Ministry of Finance of the Republic of Uzbekistan

In pursuance of the resolution of the President of the Republic of Uzbekistan of August 2, 2019 No. PP-4412 "About measures for reforming and ensuring the accelerated development of the insurance market of the Republic of Uzbekistan", and also for the purpose of providing the effective organization of activities of the Agency on development of the insurance market under the Ministry of Finance of the Republic of Uzbekistan the Cabinet of Ministers decides:

1. Ceased to be valid according to the Resolution of the President of the Republic of Uzbekistan of 01.03.2024 No. PP-108

2. Ceased to be valid according to the Resolution of the President of the Republic of Uzbekistan of 01.03.2024 No. PP-108

3. Ceased to be valid according to the Resolution of the President of the Republic of Uzbekistan of 01.03.2024 No. PP-108

4. Ceased to be valid according to the Resolution of the President of the Republic of Uzbekistan of 01.03.2024 No. PP-108

5. Ceased to be valid according to the Resolution of the President of the Republic of Uzbekistan of 01.03.2024 No. PP-108

6. Ceased to be valid according to the Resolution of the President of the Republic of Uzbekistan of 01.03.2024 No. PP-108

7. Make changes and additions to some decisions of the Government of the Republic of Uzbekistan according to appendix No. 4.

8. Recognize invalid some decisions of the Government of the Republic of Uzbekistan according to appendix No. 5.

9. To impose control of execution of this resolution on the deputy prime minister of the Republic of Uzbekistan - the Minister of Finance D. A. Kuchkarov.

Appendix No. 1

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of December 31, 2019 No. 1060

No. PP-108 voided according to the Resolution of the President of the Republic of Uzbekistan of 01.03.2024

Appendix No. 2

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of December 31, 2019 No. 1060

No. PP-108 voided according to the Resolution of the President of the Republic of Uzbekistan of 01.03.2024

Appendix No. 3

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of December 31, 2019 No. 1060

No. PP-108 voided according to the Resolution of the President of the Republic of Uzbekistan of 01.03.2024

Appendix No. 4

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of December 31, 2019 No. 1060

Changes and additions made to some decisions of the Government of the Republic of Uzbekistan

1. In the resolution of the Cabinet of Ministers of November 23, 1994 No. 565 "About formation of joint insurance companies "Uzbekinvest International", "AIG Uzbekinvest" and the Chartis Uzbekinvest Agencies:

a) state the name in the following edition:

"About formation of joint insurance companies "Uzbekinvest International" and "AIG Uzbekinvest";

b) to declare the subitem "v" of Item 1 invalid;

c) the fourth Item 2 to exclude the paragraph;

d) declare Item 7 invalid.

2. Ceased to be valid according to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of 25.02.2022 No. 88

3. In the resolution of the Cabinet of Ministers of November 27, 2002 No. 413 "About measures for further market development of insurance services" (the joint venture of the Republic of Uzbekistan, 2002, No. 11, the Art. 72):

a) in word preamble "The presidential decree of the Republic of Uzbekistan of January 31, 2002 No. UP-3022 "About Measures for Further Liberalization and Development of the Insurance Market" shall be replaced with words "the resolution of the President of the Republic of Uzbekistan of August 2, 2019 No. PP-4412 "About measures for reforming and ensuring the accelerated development of the insurance market of the Republic of Uzbekistan";

b) state Item 3 in the following edition:

"3. Determine Agency on development of the insurance market under the Ministry of Finance of the Republic of Uzbekistan the authorized state body performing regulation and development of insurance activity".

c) ceased to be valid according to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of 21.02.2022 No. 80

4. In the resolution of the Cabinet of Ministers of November 6, 2013 No. 298 "About approval of regulations on procedure for passing of allowing procedures in the sphere of insurance activity" (the joint venture of the Republic of Uzbekistan, 2013, No. 11, the Art. 79):

a) in appendix No. 1:

state Item 2 in the following edition:

"2. Permission to reorganization is issued by Agency on development of the insurance market under the Ministry of Finance of the Republic of Uzbekistan (further - authorized body) according to the scheme and form according to appendices No. 1 and 2 to this Provision.";

in appendix No. 1 to the Provision:

in the column "Actions" of the line "1st stage" of the word "Ministry of Finance" shall be replaced with words "Agency on development of the insurance market under the Ministry of Finance of the Republic of Uzbekistan";

in the line "2nd stage":

in the column "Subjects" of the word "Ministry of Finance" shall be replaced with words "Agency on development of the insurance market under the Ministry of Finance of the Republic of Uzbekistan";

in the column "Actions" of the word "Ministry of Finance" shall be replaced with words "Agency on development of the insurance market under the Ministry of Finance of the Republic of Uzbekistan";

in appendix No. 2 to the Provision:

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