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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. Approve:

structure of the Agency on development of the insurance market under the Ministry of Finance of the Republic of Uzbekistan according to appendix No. 1;

Regulations on the Agency on development of the insurance market under the Ministry of Finance of the Republic of Uzbekistan according to appendix No. 2;

Regulations on off-budget fund of the Agency on development of the insurance market under the Ministry of Finance of the Republic of Uzbekistan (further - the Agency) according to appendix No. 3.

2. Take into consideration that according to the resolution of the President of the Republic of Uzbekistan of March 18, 2017 No. PP-2847 "About measures for further enhancement of activities of financial bodies" to the Minister of Finance of the Republic of Uzbekistan is granted the right to make, if necessary, changes to the approved structures of central office of the Ministry of Finance of the Republic of Uzbekistan and structural divisions of financial bodies, and also the subordinated organizations within the established extreme number of managerial personnel.

3. To the agency together with the Ministry of development of information technologies and communications of the Republic of Uzbekistan in three-months time to develop and start the website of the Agency, having provided open entry for all consumers of insurance services to information on financial position and insurance payments of insurance companies, professional participants of the insurance market with function of maintenance of the interactive address and problem resolution in the sphere of insurance.

4. To the Ministry of Finance of the Republic of Uzbekistan to allocate to the Agency limit for maintenance of three units of vehicles by extrabudgetary funds.

5. To provide to the ministry of development of information technologies and communications of the Republic of Uzbekistan in accordance with the established procedure the Agency with necessary types of communication, including governmental.

6. Place the Agency to the address: city of Tashkent, Yunusabadsky district, Ulitsa Istiklol, house 29.

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.

Prime Minister of the Republic of Uzbekistan
A. Aripov

Appendix No. 1

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

Structure of the Agency on development of the insurance market under the Ministry of Finance of the Republic of Uzbekistan

Формула 1 к ПП от №1060

 

The extreme number of managerial personnel - 28 units.

The number of support personnel is determined according to the established standard rates.

Appendix No. 2

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

Regulations on the Agency on development of the insurance market under the Ministry of Finance of the Republic of Uzbekistan

Chapter 1. General provisions

1. This Provision determines the status, tasks, functions, the rights, responsibility, procedure for the organization of activities and the reporting of the Agency on development of the insurance market under the Ministry of Finance of the Republic of Uzbekistan (further - the Agency), and also functional obligations and responsibility of his heads.

2. The agency is authorized state body on regulation and development of the insurance market and provides protection of the rights and legitimate interests of all participants of the insurance relations, and in the activities is accountable to the Ministry of Finance of the Republic of Uzbekistan (further - the Ministry of Finance).

3. The agency in the activities is guided by the Constitution and the laws of the Republic of Uzbekistan, resolutions of chambers of Oliy Majlis of the Republic of Uzbekistan, decrees, resolutions and orders of the President of the Republic of Uzbekistan, resolutions and orders of the Cabinet of Ministers of the Republic of Uzbekistan, this Provision and other acts of the legislation, and also decisions of the Ministry of Finance.

The decisions of the Agency made within its powers are obligatory for execution by all professional participants of the insurance market.

4. The agency is legal entity, has seal and forms with the image of the State Emblem of the Republic of Uzbekistan and the name in state language, separate balance, treasurer personal accounts, bank accounts, including in foreign currency.

5. Official name of the Agency:

a) in state language:

complete - ÷zbekiston Respublikasi Moliya of vazirliga of huzuridaga of Sugurt of bozorina rivozhlantirish agentlig, reduced - Sugurta of bozorina rivozhlantirish agentlig;

b) in English:

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