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Ministry of Justice

Republic of Uzbekistan

On May 28, 2020 No. 1975-3

ORDER OF THE MINISTER OF FINANCE OF THE REPUBLIC OF UZBEKISTAN

of May 20, 2020 No. 21

About modification of the Regulations on procedure for rendering actuarial services

According to resolutions of the President of the Republic of Uzbekistan of February 5, 2019 "About additional measures for improvement of rating of the Republic of Uzbekistan in the annual report of the World Bank and the International Finance Corporation "Vedeniye Businessa"", of August 2, 2019 No. PP-4412 "About measures for reforming and ensuring the accelerated development of the insurance market of the Republic of Uzbekistan" and the resolution of the Cabinet of Ministers of the Republic of Uzbekistan of December 31, 2019 No. 1060 "About the organization of activities of the Agency on development of the insurance market under the Ministry of Finance of the Republic of Uzbekistan", I order to No. PP-4160:

1. Make changes to the Regulations on procedure for rendering actuarial services approved by the order of the Minister of Finance of the Republic of Uzbekistan of April 7, 2009 No. 42 (рег. No. 1975 of June 26, 2009) (Collection of the legislation of the Republic of Uzbekistan, 2009, No. 26, the Art. 309) according to appendix.

2. This order becomes effective from the date of its official publication.

Minister

T. Ishmetov

 

Appendix

to the Order of the Minister of Finance of the Republic of Uzbekistan of May 20, 2020 No. 21

The changes made to Regulations on procedure for rendering actuarial services

1. State Item 14 in the following edition:

"14. The actuarial report is constituted in duplicate (on one for the customer and the actuarial organization), signed by the actuary who directly rendered actuarial services and affirms the signature of the head of the actuarial organization. Sheets of the actuarial report shall be numbered and stitched.".

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