RESOLUTION OF BOARD OF CENTRAL BANK OF THE REPUBLIC OF UZBEKISTAN

of December 27, 2008 No. 30/2

About approval of the Regulations on requirements for carrying out transactions by commercial banks with securities and to their participation in the authorized capital of other companies

According to the laws of the Republic of Uzbekistan "About the Central bank of the Republic of Uzbekistan" and "About the security market" the Board of the Central bank of the Republic of Uzbekistan decides:

1. Approve Regulations on requirements for carrying out transactions by commercial banks with securities and to their participation in the authorized capital of other companies according to appendix.

2. Recognize invalid:

The regulations on requirements for carrying out transactions by commercial banks with securities approved by Board of the Central bank of the Republic of Uzbekistan of November 9, 1998 N 19/7 (reg. N 571 of December 19, 1998);

the resolution of Board of the Central bank of the Republic of Uzbekistan of March 1, 2003 N 4/10 "About modification and amendments in Regulations on requirements for carrying out transactions by commercial banks with securities" (reg. N 571-1 of March 27, 2003 - the Bulletin of regulations, 2003, N 5-6);

the resolution of Board of the Central bank of the Republic of Uzbekistan of November 24, 2003 N 28/5 "About modification N 2 in Regulations on requirements for carrying out transactions by commercial banks with securities" (reg. N 571-2 of December 10, 2003 - the Bulletin of regulations, 2003, N 23);

the resolution of Board of the Central bank of the Republic of Uzbekistan of August 21, 2004 N 18/4 "About modification of the Regulations on requirements for carrying out transactions by commercial banks with securities" (reg. N 571-3 of September 16, 2004 - the Collection of the legislation of the Republic of Uzbekistan, 2004, N 37, the Art. 418);

the resolution of Board of the Central bank of the Republic of Uzbekistan of May 12, 2005 N 10/2 "About modification and amendments in the Provision "About Requirements for Carrying Out Transactions by Commercial Banks with Securities") (reg. N 571-4 of June 13, 2005 - the Collection of the legislation of the Republic of Uzbekistan, 2005, N 23-24, Art. 174).

3. This resolution becomes effective after ten days from the moment of its state registration in the Ministry of Justice of the Republic of Uzbekistan.

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