Document from CIS Legislation database © 2003-2020 SojuzPravoInform LLC

PRESIDENTIAL DECREE OF THE REPUBLIC OF UZBEKISTAN

of November 18, 2008 No. UP-4053

About measures for further increase in financial stability of the companies of real production sector

(as amended on 18-03-2020)

For the purpose of further increase in level of capitalization and increase in financial stability of the companies of real production sector, enhancement of mechanisms of financial improvement and management of economically insolvent companies, broad investment attraction, including means of commercial banks, in process of structural transformations of economy, upgrade, technical and technological rearmament of production:

1. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 18.03.2020 No. UP-5968

2. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 24.05.2018 No. UP-5447

3. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 20.04.2017 No. UP-5022

4. To the Cabinet of Ministers to approve in a month:

Procedure for realization of the bankrupt companies to commercial banks at the auction and competitive biddings;

Regulations on the Republican commission on realization of economically insolvent companies to commercial banks.

5. To Central Bank of the Republic of Uzbekistan together with Banking association of Uzbekistan, commercial banks to develop and approve package of measures in a month on:

to enhancement in commercial banks of activities for development, examination and implementation of investment projects on upgrade, technical and technological rearmament of production at the redeemed bankrupt companies;

to completion by highly qualified specialists of structural divisions of the commercial banks dealing with issues of project investment, provision and servicing of investment loans.

6. Consider invalid paragraphs two, the third and fifth Item 3 of the Presidential decree of the Republic of Uzbekistan of January 24, 2003 No. UP-3202 "About Measures for Cardinal Increase in Share and Value of Private Sector in Economy of Uzbekistan".

7. To the State Property Committee of the Republic of Uzbekistan together with the interested ministries and departments to make in the Cabinet of Ministers the offers on changes and amendments in the legislation following from this Decree in a month.

8. To impose control of execution of this Decree on the Prime Minister of the Republic of Uzbekistan Mirziyoyev Sh. M. and the chairman of the Central bank of the Republic of Uzbekistan Mullazhanov F. M.

President of the Republic of Uzbekistan

Islam Karimov

Appendix

to the Presidential decree of the Republic of Uzbekistan of November 18, 2008 No. UP-4053

Structure of the Republican commission on realization of economically insolvent companies to commercial banks

Voided according to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of 20.04.2017 No. UP-5022

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