Approved by Board of the Central bank of the Republic of Uzbekistan on November 9, 1998 No. 426

Regulations on procedure for change of the size of the authorized capital, shareholding structure, the name and the location, registration of changes and amendments in the charter of bank

This Provision is developed according to the Laws of the Republic of Uzbekistan "About banks and banking activity", "About the Central bank of the Republic of Uzbekistan", "About joint-stock companies and protection of shareholder rights", other laws and legal acts. The provision regulates procedure for change of the size of the authorized capital, shareholding structure, the name and the location of bank, registration of the changes and additions made to the charter of commercial bank.

1. General provisions

1.1. In this Provision the following concepts are used:

- the authorized capital - nominal value of all shares paid by shareholders;

- the announced shares - the total amount of shares which can be issued by bank in addition to the authorized capital their nominal value does not join in the authorized capital of bank.

1.2. All changes and additions made to the charter of commercial bank are subject to registration in the Central bank of the Republic of Uzbekistan (further - the Central bank).

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