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The document ceased to be valid since  August 10, 2021 according to the Order of the Minister of Justice of the Republic of Uzbekistan of May 6, 2021 No. 11-mkh

"IS REGISTERED"

Ministry of Justice

Republic of Uzbekistan

On May 6, 2004 N 1347

POSTANOVLENIYE MINISTERSTVA EKONOMIKI RESPUBLIKI UZBEKISTAN, GOSUDARSTVENNOGO KOMITET RESPUBLIKI UZBEKISTAN PO UPRAVLENIYU GOSUDARSTVENNYM IMUSHCHESTVOM I PODDERZHKE PREDPRINIMATELSTVA, MINISTERSTVA FINANSOV RESPUBLIKI UZBEKISTAN, UZGOSNEFTEGAZINSPEKTION, NKHK UZBEKNEFTEGAZ, JSC OF UZRTSB

of March 29, 2004 No. 22, №01/24-13, №49, №03-182, №01/AA-214-D, No. 42-01/138

About approval of Provisional regulations for procedure for realization of diesel fuel at the exchange biddings

According to the resolution of the Cabinet of Ministers of the Republic of Uzbekistan of February 5, 2004 N 57 "About further implementation of market mechanisms of realization of highly liquid types of products, raw materials and materials" we decide:

1. Approve the enclosed Provisional regulations for procedure for realization of diesel fuel at the exchange biddings.

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

 

Minister of Economic Affairs

R. Azimov

Chairman of the State Property Committee

M. Askarov

Minister of Finance

M. Nurmuratov

Deputy chief

Uzgosneftegazinspektion

 

R. Sheraliyev

Chairman of NHK "Uzbekneftegaz"

 A. Azimov

Chairman of the board of JSC UZRTSB

T. Tokhtabayev

NHK "Uzbekneftegaz", JSC UZRTSB of March 29, 2004 No. 22, №01/24-13, №49, №03-182, №01/AA-214-D, No. 42-01/138 is approved by the resolution of the Ministry of Economics, State Property Committee, Ministry of Finance of the Republic of Uzbekistan, Uzgosneftegazinspektion,

Provisional regulations for procedure for realization of diesel fuel at the exchange biddings

I. General provisions

These Provisional regulations are developed according to the resolution of the Cabinet of Ministers of the Republic of Uzbekistan of February 5, 2004 N 57 "About further implementation of market mechanisms of realization of highly liquid types of products, raw materials and materials" and determine the main requirements to preparation, the organization and carrying out the exchange auction on realization of diesel fuel held by the commodity and raw exchanges.

1. This Provision extends to the companies and the organizations - residents of the Republic of Uzbekistan, irrespective of pattern of ownership, making, delivering and using diesel fuel.

2. The diesel fuel acquired at the exchange biddings is not subject to resale. This requirement does not extend to the gas stations enabling retail sale of diesel fuel based on the corresponding licenses.

3. Diesel fuel is implemented at the exchange auction held by the commodity and raw exchanges in real time with use of electronic trading systems of the exchanges.

4. The exchange auction is held in two following forms:

the closed exchange biddings in which the gas stations having the corresponding licenses take part;

the open exchange tenderings held by two separate sessions for the following buyer categories:

a) legal entities of all patterns of ownership;

b) shirkata, farms, Dehkan farms with formation of legal entity and machine and tractor parks of system of JSC Uzagromashservice.

II. Main terms and concepts

5. In this Provision the following main terms and concepts are used:

products - diesel fuel which according to the approved balance of production and use of oil products, is implemented to consumers at the exchange biddings;

electronic trading system - the software and hardware complex of the exchange providing carrying out the all-republican exchange biddings in real time;

territorial trading floor of the exchange - the regional branches of the exchanges in Tashkent, the Republic of Karakalpakstan and areas providing to bidders of condition for participation in the exchange biddings through electronic trading system and registering transactions following the results of tendering;

Gas station - the gas stations having the corresponding licenses;

the seller - the petroleum storage depots of system of JSC Uznefteprodukt enabling exposure and product sales at the exchange biddings;

the buyer - gas station, and also the legal entities of all patterns of ownership using products for own needs;

the protocol of the transaction - the document issued to the buyer and the seller following the results of carrying out the exchange biddings signed by the representative of the seller, the buyer and the broker of the exchange obliging the parties, at the scheduled time to sign the purchase and sale agreement of products in the amount acquired by results of the exchange biddings at the price of the demand and supply;

the quotation of the prices - the average price on products determined by results of the held exchange sessions for day of the exchange biddings;

weighted average price - the average price on products determined by results of the exchange biddings in week and published in mass media.

III. Forming of amounts of diesel fuel, procedure for preparation and carrying out the exchange biddings

6. Monthly amounts and schedules of sales of products on the closed and open exchange tenderings by petroleum storage depots and buyer categories are determined by JSC Uznefteprodukt on the basis of the approved balance of production and use of oil products and brings them to the exchanges. The auction is held according to the schedules which are monthly approved by JSC Uznefteprodukt together with the exchanges.

7. Sellers once in year sign with the exchanges cooperation agreements in which conditions of participation of sellers at the exchange biddings, amounts of products which are monthly exposed by types separately for carrying out the closed and open tenderings, and also lots offered to realization, the rights, obligations and responsibility of the parties which signed the agreement are determined.

8. The exchange gratuitously provides to sellers, shirkata, farms and Dehkan farms with the formation of legal entity wishing to participate independently in the exchange biddings, broker places.

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