RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of February 15, 2017 No. PP-2777

About measures for further enhancement of currency circulation and development of calculations with use of bank plastic cards

Note that, despite the taken measures, on places there is low receipt level in cash desks of commercial banks of cash from retail trade and service industry because of non-use of cash registers and settlement terminals. As a result, considerable part of cash revenue distracts in extra bank turnover.

For the purpose of further enhancement of system of clearing settlements in the field of retail trade and rendering paid services to the population, ensuring completeness of accounting and involvement in bank turnover of cash, strict observance of the rights and consumer interests:

1. Establish procedure according to which since March 1, 2017 subjects of entrepreneurship, including individual entrepreneurs, in the field of retail trade and rendering paid services have no right to perform the activities without their obligatory equipment by the settlement terminals providing acceptance of payments from the population by means of plastic cards.

The subjects of electronic commerce realizing goods or services by means of electronic commerce including online stores and electronic trading platforms, have the right to perform the activities with use of the virtual terminals (E-P0S) providing the direction of the electronic check or other supporting document about payment acceptance.

To the State Tax Committee of the Republic of Uzbekistan together with commercial banks, Banking association of Uzbekistan and the Single all-republican processing center:

to carry out inventory count of objects of retail trade and rendering paid services on availability of settlement terminals to ten-day time;

following the results of inventory count in the shortest possible time to provide installation of necessary number of settlement terminals, taking into account equipment with their, if necessary, technical means of uninterrupted electric food;

provide registration of again established settlement terminals within no more than three days from the date of receipt of the request of the subject of entrepreneurship.

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