LAW OF THE REPUBLIC OF TAJIKISTAN

of August 7, 2020 No. 1723

About modification and amendments in the Law of the Republic of Tajikistan "About payment services and payment system"

Accepted by the Resolution MH MOPT of June 24, 2020, No. 137

Approved by the Resolution MM MORT of August 5, 2020, No. 68

Article 1. Bring in the Law of the Republic of Tajikistan "About payment services and payment system" of February 24, 2017 (Akhbori of Majlisi Oli of the Republic of Tajikistan, 2017, Art. No. 1-2, 20) the following changes and amendments:

1. In Articles 1, of 8, of 9, of 12, of 13, of 14, of 15, of 20, of the 24 and 27 word "credit institutions", "credit institution", "credit institution" "Credit institution", "Credit institutions", "credit institution", "credit institution", "credit institutions", "credit institutions" and "in the way, and to terrorism financing" respectively shall be replaced with words "the credit financial institutions", "the credit financial institution", "the credit financial institution", "Credit financial institution" "Credit financial institutions", "the credit financial institution", "the credit financial institution", "the credit financial institutions", "the credit financial institutions" and "in the way, to financing of terrorism and financing of distribution of weapons of mass destruction".

2. The twentieth Article 1 to state the paragraph in the following edition:

"-payment system - the set of the organizations which are interacting by rules of payment system for the purpose of implementation of money transfer, including the operator of payment system, the operator of services of payment infrastructure, and also at least 3 (three) participants - the credit financial institutions;".

3. Add Article 4 with parts 12, of 13, of 14, of 15, of 16, of 17, 18 and 19 following contents:

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