LAW OF THE REPUBLIC OF TAJIKISTAN

of January 2, 2019 No. 1562

About modification and amendments in the Law of the Republic of Tajikistan "About enforcement proceeding"

Accepted by the Resolution MH MOPT of October 17, 2018, No. 1205

Approved by the Resolution MM MORT of December 25, 2018, No. 589

Article 1. Bring in the Law of the Republic of Tajikistan of March 20, 2008 "About enforcement proceeding" (Akhbori of Majlisi Oli of the Republic of Tajikistan, 2008, No. 3, Art. 192; 2010, No. 7, Art. 543; 2012, No. 7, Art. 717) following change and amendment:

1. In Article 8 and in all text of the Law of the word of "legal executives", to "legal executives", "legal executive", "legal executives", "legal executives" and "legal executive" respectively shall be replaced with words "contractors", to "contractors", "contractor", "contractors", "contractors" and "contractor".

2. Add with Article 20 (1) the following content:

"Article 20 (1). The address of collection on the personal estate provided as providing

1. The address of collection on the personal estate provided as providing (pledge, leasing and other methods of providing) is performed with observance of the rights of the secured creditor which are established by the legislation of the Republic of Tajikistan, by withdrawal at the debtor and transfer to the claimant of subject of providing for realization.

2. The secured creditor shall take honesty measures to realization of subject of providing so that they were profitable to all parties concerned taking into account real conditions of reality.

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