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The document ceased to be valid since   January 29, 2020 according to Item 1 of the Order of the Director of the Agency on market development of the capital of the Republic of Uzbekistan of January 20, 2020 No. 2020-02

It is registered

Ministry of Justice

Republic of Uzbekistan

On June 12, 2009 No. 1968

THE ORDER OF THE CEO OF THE CENTER FOR COORDINATION AND CONTROL OF FUNCTIONING OF THE SECURITY MARKET UNDER THE STATE PROPERTY COMMITTEE OF THE REPUBLIC OF UZBEKISTAN

of May 6, 2009 No. 2009-27

About approval of Provisional regulations for procedure for acceptance of the register of shareholders by Central Securities Depository and the mechanism of immobilization of documentary shares

According to the Law of the Republic of Uzbekistan "About the security market" (Collection of the legislation of the Republic of Uzbekistan, 2008, Art. No. 29-30, 278) and the Regulations on the Center for coordination and market development of securities in case of Goskomkonkurention of the Republic of Uzbekistan approved by the resolution of the Cabinet of Ministers of the Republic of Uzbekistan on March 30, 1996 No. 126 (Collection of the orders of the Government of the Republic of Uzbekistan, 1996, to No. 3, of the Art. 11), I order:

1. Approve Provisional regulations for procedure for acceptance of the register of shareholders by Central Securities Depository and the mechanism of immobilization of documentary shares according to appendix.

2. This order becomes effective after ten days from the date of its state registration in the Ministry of Justice of the Republic of Uzbekistan.

CEO

Tolipov K. F.

Approved by the Order of the CEO of the Center for coordination and control of functioning of the security market under the State Property Committee of the Republic of Uzbekistan of May 6, 2009 No. 2009-27

Provisional regulations for procedure for acceptance of the register of shareholders by Central Securities Depository and mechanism of immobilization of documentary shares

These Provisional regulations according to the Law of the Republic of Uzbekistan "About the security market" (The collection of the legislation of the Republic of Uzbekistan, 2008, Art. No. 29-30, 278) establishes procedure for acceptance by Central Securities Depository (further the Central depositary) the register of shareholders and the mechanism of immobilization of documentary shares.

I. General provisions

1. In these Provisional regulations the following basic concepts are used:

deposition - delivery on storage in depositary of forms of documentary shares;

immobilization - deposition in outdoor storage of documentary shares;

The last register - the list of owners of securities created for the end of the working day on July 22, 2008 according to persons performing maintaining the register;

the register - the magazine keeping in chronological order for record about transition of share rights, and also about any other event connected with change of number of the shares which are written down addressed to person registered in the register of shareholders (further - the register), or reflecting the fact of encumbrance of shares by obligations;

The list - the list of owners of securities created for the end of the working day on July 22, 2008 according to system of depositaries;

authorized state body on regulation of the security market - the Center for coordination and market development of securities in case of Goskomkonkurention of the Republic of Uzbekistan;

the owner of documentary shares (further - the owner) - legal entity or physical person which owns documentary stocks on the property right or other corporeal right;

the owner's representative (further - the representative) - person acting on behalf of the owner based on the power of attorney or the agreement of the order (commission).

2. The documentary shares which underwent state registration, stored out of system of depositaries, and also kept and considered on the custody account of the owner in depositary are subject to immobilization according to the procedure, established by these Provisional regulations.

3. Transactions with documentary shares are performed only after their immobilization.

4. The owner has the right independently or through the representative to hand over the documentary stocks owned by him in depositary on immobilization.

5. The depositary performs acceptance of documentary shares from the owner or his representative only in the presence at the owner of the depositary agreement.

In case of absence at the owner of the depositary agreement he has the right to sign the depositary agreement independently or through the representative.

In case of the conclusion of the depositary agreement through the representative in the power of attorney issued by the owner to the representative the right to the conclusion of the depositary agreement on behalf of the owner, and also the right to delivery in depositary of documentary shares is specified.

6. Documentary shares, after their immobilization are considered in system of depositaries according to the procedure, established for uncertificated shares.

7. The central depositary shall provide the List to the issuer no later than two working days after receipt of the written request of the issuer.

8. The issuer, except for case, stipulated in Item 10th these Provisional regulations, within a month from the date of the introduction of these Provisional regulations in force, hands over in the Central depositary:

a) The last register in paper and electronic types which is drawn up in form according to appendix No. 1 to these Provisional regulations.

The last register numbering more than one leaf shall be stitched, sealed the main issuer, and also person which constituted the Last register on the back (in case of maintaining the register specialized registry holder). Pages of the Last register shall be numbered;

b) The reconciliation statement of data of the List and the Last register (further - the Reconciliation statement) which is drawn up in form according to appendix No. 2 to these Provisional regulations.

9. The issuer in whose issues of securities there are nominal documentary shares within two months from the date of delivery of the Last register and the Reconciliation statement hands over in the Central depositary, except as specified, provided by Items 10 and 11 of these Provisional regulations:

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