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Ministry of Justice

Republic of Tajikistan

 On May 12, 2014 No. 392

ORDER OF THE GOVERNMENT OF THE REPUBLIC OF TAJIKISTAN

of May 3, 2014 No. 302

About the state support and measures for improvement of financial and economic condition of Open joint-stock holding company of "Barka Tochik"

Based on article 14 of the Constitutional law of the Republic of Tajikistan "About the Government of the Republic of Tajikistan", for the purpose of the state support, improvement of financial and economic condition of Open joint-stock holding company of "Barka Tochik" and ensuring further development of electric power industry of the country, the Government of the Republic of Tajikistan decides:

1. To the Ministry of Finance of the Republic of Tajikistan, the Tax Committee under the Government of the Republic of Tajikistan Open for joint-stock holding company of "Barka Tochik", melioration Agency and irrigation in case of the Government of the Republic of Tajikistan:

- make offset of the remained debts of the economic subjects to the Agency on melioration and irrigation under the Government of the Republic of Tajikistan (further - the Agency) for water consumption formed till January 1, 2014 and remaining balance of debts of these subjects at the expense of taxes according to the reconciliation statements which are drawn up by the Agency and tax authority in place of registration of each subject as of January 1, 2014, debts of jurisdictional enterprises of the Agency to the Government budget at the expense of taxes, penalty fee and percent (except for the social tax) formed for January 1, 2014 debts of jurisdictional enterprises Open joint-stock holding company of "Barka Tochik" due to electric power consumption for the total amount of 242 881 396 (two hundred forty two million eight hundred eighty one thousand three hundred ninety six) somoni 29 diram in accordance with the established procedure by reduction of debts of Open joint-stock holding company of "Barka Tochik" by this amount to the Government budget at the expense of taxes, percent and penalty fee (except for the social tax) and without change profitable and account parts of the Government budget (appendix No. 1);

- in accordance with the established procedure to write off the amount of the remained debts of Open joint-stock holding company of "Barka Tochik" on added to percent for untimely payment of the taxes in the amount of 170,0 (hundred seventy) million somoni delayed by the order of the Government of the Republic of Tajikistan of December 30, 2011, No. 633 till January 1, 2015 and also to the percent added on other debts of Open joint-stock holding company of "Barka Tochik" till March 1, 2014 (appendix No. 2).

2. Oblige melioration Agency and irrigations to provide under the Government of the Republic of Tajikistan in full and timely accomplishment of the obligations before Open for joint-stock holding company of "Barka Tochik" behind potreblenna of the electric power and before the budget at the expense of taxes and payments according to provisions of article 19 of the Tax Code of the Republic of Tajikistan.

3. To strictly prohibit further offset of means for electric power consumption between Open joint-stock holding company of "Barka Tochik" and the State unitary enterprise "Tajik Aluminium Company"

4. To the Ministry of Energy and Water Resources of the Republic of Tajikistan together with the Ministry of Finance of the Republic of Tajikistan, the State committee on investments and management of state-owned property of the Republic of Tajikistan Discovered by joint-stock holding company of "Barka Tochik" to take measures for attraction of grant means of international financial institutions for improvement of financial position of the specified Company.

5. To the Ministry of Energy and Water Resources of the Republic of Tajikistan Open for joint-stock holding company of "Barka Tochik", Public service on supervision in the field of power to constitute the actions plan on reduction of technology and commercial losses of the electric power, to perform its step-by-step accomplishment and in 2014 to provide the complete level of general fund raising for the released electric power to consumers.

6. Quarterly to provide to the relevant ministries and departments, local executive bodies of the government information in the Government of the Republic of Tajikistan on accomplishment of this resolution.

7. Declare invalid the order of the Government of the Republic of Tajikistan of December 30, 2011, No. 633 "About delay of payment due date of debts of Open joint-stock holding company of "Barka Tochik".

Prime Minister of the Republic of Tajikistan

Emomalii Rahmon

 

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