RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of July 27, 2017 No. PP-3150

About the organization of activities of the National agency of perspective projects of the Republic of Uzbekistan

According to the Presidential decree of the Republic of Uzbekistan of July 24, 2017 No. UP-5120 "About measures for implementation of system of project management in the Republic of Uzbekistan":

1. Approve Regulations on the National agency of perspective projects of the Republic of Uzbekistan, according to appendix.

2. Provide to the director of the National agency of perspective projects of the Republic of Uzbekistan (further - the Agency) the right:

approve structure and the number of staff of the Agency, to independently determine payment terms of work of employees of the Agency;

attract as consultants within accomplishment of the tasks of highly-skilled employees of state bodies, bodies of economic board, the state companies and the organizations assigned to the Agency (further - state bodies and other organizations), non-state non-profit organizations, the leading design institutes, scientific educational institutions, and also the international organizations, the foreign companies and specialists.

3. Determine that:

a) The agency is public institution with the rights of the legal entity and in the activities is accountable to the President of the Republic of Uzbekistan;

b) The agency is authorized body on regulation of turnover crypto - assets, the capital market and the insurance market, electronic commerce, activities for the organization of lotteries, games based on risk in worldwide network the Internet and to bookmaker activities, including licensing, allowing and notifying procedures;

c) in structure of the Agency the Specialized laboratory on testing and studying of innovative technologies in the sphere of turnover crypto - assets without formation of legal entity is effective (further - Laboratory);

d) requirements of acts of the legislation on licensing and allowing procedures in the sphere of turnover crypto - assets, except for requirements about observance of prohibitions, stipulated by the legislation do not extend to activities of Laboratory;

e) sources of financing of activities of the Agency are:

grants, the credits and loans, including in crypto - assets;

assignments from the licensed, allowing and notifying procedures performed by the Agency in the sizes determined by acts of the legislation;

charitable gifts, including in crypto - assets, legal entities and physical persons, including foreign;

income according to the stocks (shares, shares) owned by the Agency in the authorized capital (authorized fund) of legal entities in sizes, stipulated by the legislation;

the means received from projects implementation on the terms of public-private partnership;

income from placement of temporarily available funds of the Agency in banks;

other income which is not forbidden by acts of the legislation;

e) The agency has the right to realize under direct agreements crypto - the assets received as charitable gifts, grants and loans, during activities of Laboratory, the states which are also turned into the income by a court decision, on the rate established on the date of sale on national crypto - the exchange;

g) The agency without fail performs check of sources of origin crypto - the assets received by it as charitable gifts, grants and loans;

h) The agency sets the Special mode of regulation in the sphere of turnover crypto - assets (The special mode of "regulatory sandboxes"), providing creation of special organization-legal conditions for the legal entities implementing technologies in the sphere of turnover crypto - assets, and also procedure for ensuring the Special legal regime "regulatory sandbox" in the capital market sphere;

i) within realization of pilot projects in the Special mode of "regulatory sandboxes":

participants of the Special mode of "regulatory sandboxes" are exempted from payment of all types of tax and obligatory contributions to the state trust funds, and also customs payments (except for customs fees) for the equipments imported for own needs, component parts, details, nodes, technological documentation, the software which are not made in the Republic of Uzbekistan according to the lists approved in accordance with the established procedure;

income in work payment type gained by workers according to employment contracts with participants of the Special mode of "regulatory sandboxes" taxes with the income tax on fixed rate of 7,5 of percent and does not join in amount of gross annual incomes of the physical persons determined for the purpose of the taxation.

4. In two-month time to provide to the director of the Agency:

completion of the Agency by the highly qualified specialists having the necessary theoretical knowledge and practical skills capable at the professional level to provide realization of the tasks assigned to the Agency;

approval of Regulations on structural divisions of the Agency.

5. Determine that:

The agency in case of accomplishment of the tasks assigned to it interacts with state bodies and other organizations, non-state non-profit organizations, the leading design institutes, scientific educational institutions, subjects of entrepreneurship, and also diplomatic representations and consular establishments of foreign states in the Republic of Uzbekistan, the international organizations, the foreign companies and specialists, including by business correspondence, organization of events and the conclusion of the framework agreements;

The agency performs observance of licensed, allowing and notifying requirements and conditions in spheres of turnover crypto - assets, the capital market and the insurance market, electronic commerce, activities for the organization of lotteries, games based on risk in worldwide network the Internet and bookmaker activities, applies penalties in accordance with the established procedure, including for non-compliance with requirements of acts of the legislation for counteraction of legalization of income gained from criminal activities, to financing of terrorism and financing of distribution of weapons of mass destruction;

drafts of regulatory legal acts on the questions including the field of activity of the Agency without fail are subject to coordination with the Agency.

6. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 27.04.2022 No. UP-121

7. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 27.04.2022 No. UP-121

8. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 27.04.2022 No. UP-121

9. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 27.04.2022 No. UP-121

10. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 27.04.2022 No. UP-121

11. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 27.04.2022 No. UP-121

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