THE ORDER OF THE CEO OF THE CENTER FOR COORDINATION AND CONTROL OF FUNCTIONING OF THE SECURITY MARKET UNDER THE STATE PROPERTY COMMITTEE OF THE REPUBLIC OF UZBEKISTAN

of July 15, 2004 No. 2004-16

About approval of the Regulations on transactions with repo securities

According to the Regulations on the Center for coordination and market development of securities in case of Goskomkonkurention of the Republic of Uzbekistan approved by the resolution of the Cabinet of Ministers of the Republic of Uzbekistan of March 30, 1996 No. 126, I order:

1. Approve Regulations on transactions with repo securities according to appendix.

2. Enact this order after ten days from the date of its state registration in the Ministry of Justice of the Republic of Uzbekistan.

Approved by the Order of the CEO of the Center for coordination and control of functioning of the security market under the State Property Committee of the Republic of Uzbekistan of June 15, 2004 No. 2004-16

Regulations on transactions with repo securities

This Provision according to the Law of the Republic of Uzbekistan "About the security market", other regulatory legal acts determines procedure for transactions of repo with securities in the territory of the Republic of Uzbekistan.

§ 1. General provisions

1. Action of this provision extends to transactions of repo with the shares, corporate bonds and derivatives of securities made by residents of the Republic of Uzbekistan in the territory of the Republic of Uzbekistan.

2. For the purpose of this provision the following basic concepts are used:

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