It is registered
Ministry of Justice
Republic of Uzbekistan
On September 9, 2011 No. 2263
of August 11, 2011 No. No. 51, 01/12-18/05
About approval of the Regulations on payment procedure of services of trust management of the state shares and representatives of the state by the special right of participation in management of joint-stock companies ("golden share")
1. Approve Regulations on payment procedure of services of trust management of the state shares and representatives of the state by the special right of participation in management of joint-stock companies ("golden share") according to appendix.
the resolution of the Ministry of Finance of the Republic of Uzbekistan and the State committee of the Republic of Uzbekistan on management of state-owned property and supports of entrepreneurship of July 16, 2003 No. No. 86, 01/06-7 "About approval of the Regulations on payment procedure of services in management of the state shares" (reg. No. 1262 of August 1, 2003) (The bulletin of regulations of the ministries, state committees and departments of the Republic of Uzbekistan, 2003, No. 15);
the resolution of the Ministry of Finance of the Republic of Uzbekistan and the State committee of the Republic of Uzbekistan on management of state-owned property and support of entrepreneurship of March 4, 2004 No. No. 38, 01/06-04 "About modification and amendments in Regulations on payment procedure of services in management of the state shares" (reg. No. 1262-1 of April 12, 2004) (Collection of the legislation of the Republic of Uzbekistan, 2004, No. 15, the Art. 180);
the resolution of the Ministry of Finance of the Republic of Uzbekistan and the State committee of the Republic of Uzbekistan on management of state-owned property of January 25, 2006 No. No. 7, 01/06-18/01 "About modification and amendments in Regulations on payment procedure of services in management of the state shares" (reg. No. 1262-2 of February 18, 2006) (Collection of the legislation of the Republic of Uzbekistan, 2006, No. 8, the Art. 56);
the resolution of the Ministry of Finance of the Republic of Uzbekistan and the State committee of the Republic of Uzbekistan on management of state-owned property of April 6, 2007 No. No. 37, 01/12-18/08 "About modification and amendments in Regulations on payment procedure of services in management of the state shares" (reg. No. 1262-3 of May 7, 2007) (Collection of the legislation of the Republic of Uzbekistan, 2007, Art. No. 19-20, 204).
3. This resolution becomes effective after ten days from the date of its state registration in the Ministry of Justice of the Republic of Uzbekistan.
Minister of Finance |
R. Azimov |
Acting chairman of the State management committee state-owned property |
A. Abdukhakimov |
Appendix
to the Resolution of the Ministry of Finance, State committee of the Republic of Uzbekistan on management of state-owned property of August 11, 2011 No. No. 51, 01/12-18/05
1. This Provision extends to joint-stock companies, societies with the limited and accessorial liability (further - economic societies), the share of the state in which is delivered in trust management (except as specified transfers to trustees by investment assets according to decisions of the President of the Republic of Uzbekistan and the Cabinet of Ministers of the Republic of Uzbekistan, bodies of the public and economic board), and also on joint-stock companies concerning which the special right of participation of the state ("golden share") is entered.
2. In this Provision the following concepts are applied:
the representative of the state - the physical person designated according to the decision of the Commission on increase in efficiency of activities of joint-stock companies and to enhancement of corporate management system in joint-stock companies for realization of the special right of the state to participation in management of joint-stock companies ("golden share") according to the legislation;
the state share - the shares of joint-stock companies and share in authorized capitals of societies with the limited and accessorial liability which are in state-owned property;
the trustee - the state attorney, the trustee investment assets or commercial bank with which the trust management agreement of the state share is signed;
the cost of services - the fixed remuneration on management of the state share.
3. Source of forming of means for payment of cost of services of trustees are the dividends on the state share which arrived in the government budget in reporting year. At the same time fee for the fourth quarter of accounting year is performed in the first quarter the next year behind it within the means provided in the government budget on these purposes depending on receipt of dividends in the government budget in reporting year.
In case of shortage of the dividends on the state share which arrived in the government budget in reporting year and intended for payment of cost of services of trustees or their not receipt (not charge) for fee part of general means, Fund of assistance to the privatized companies is used.
4. Payment of cost of services of trustees is performed from the separate sub-account on payment of cost of services opened by the Center for management of the state assets under the State committee of the Republic of Uzbekistan on assistance to the privatized companies and development of the competition (further - the Center) in payment processing center of Head department of the Central bank of the Republic of Uzbekistan on the city of Tashkent.
5. The center annually makes calculation of the project of expense budget on payment of cost of services in management of the state shares with breakdown on quarters on the basis of agreements and the schedule of the forthcoming step-by-step transfer of the state shares to trust management and introductions of "golden share", and also quarterly reports of trustees.
6. The center no later than July 1 represents payment under the estimate of fee of trustees and representatives of the state the forthcoming year to the Ministry of Finance for the subsequent inclusion in the draft of the Government budget in accordance with the established procedure.
7. Trustees submit in the Center activities reports on management of the state shares in forms and in the terms approved by the State committee of the Republic of Uzbekistan on assistance to the privatized companies and development of the competition (further - Goskomkonkurention).
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.