Approved by Board of the Central bank of the Republic of Uzbekistan of January 24, 1998 No. 376 (the protocol No. 1/16)

Rules of conducting cash transactions by legal entities

These rules are developed according to article 36 of "The law on the Central bank of the Republic of Uzbekistan".

I. General provisions

1. All legal entities, irrespective of pattern of ownership, shall store the money in organizations of banks. Action of these Rules does not extend to organizations of banks.

2. Calculations between legal entities, and also the calculations with participation of citizens connected with implementation of business activity by them are made via bank transfer through organizations of banks except as specified, stipulated by the legislation.

3. The cash received from organizations of banks by the organizations is spent only for those purposes on which they are received.

4. The organizations can have in the cash desk cash within limits of remaining balance of cash in cash desk and use them from revenue within regulations. Limits of remaining balance of cash in cash desks and regulations of use of revenue are established by banks in coordination with heads of these organizations, except bodies of the Ministry of Internal Affairs, the Ministry of Defence, Service of homeland security, the Ministry of Emergency Situations and the State Customs Committee of the Republic of Uzbekistan, in case of observance of the regulating documents established by the Central bank.

If necessary the specified limits can be reviewed.

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