RESOLUTION OF BOARD OF NATIONAL BANK OF TAJIKISTAN

of August 30, 2012 No. 195

About approval of the Instruction No. 198 "About procedure for regulation of activities of microcredit funds"

According to article 23 of the Law of the Republic of Tajikistan "About the microfinancial organizations", the Board of National Bank of Tajikistan decides:

1. Approve the Instruction No. 198 "About procedure for regulation of activities of microcredit funds" it (is applied).

2. In accordance with the established procedure to provide this Resolution to the Ministry of Justice of the Republic of Tajikistan for state registration.

3. Enact this Resolution after state registration and official publication.

4. The resolution of Board of National Bank of Tajikistan of April 28, 2011 No. 77 About approval of the Provision No. 137 "About microloan funds in the new edition, registered in the Ministry of Justice of the Republic of Tajikistan of June 10, 2011 No. 138 "b" to consider invalid.

5. To assign execution of Items 2 and 3 of this Resolution to Department of banking supervision (Davlatov I. H.), Legal Management (Davlatov Sh. F.) and Press service (Kurbonov A. A.).

6. To impose control of execution of this Resolution on the vice-chairman of National Bank of Tajikistan Negmatov A. H.

Approved by the Resolution of Board of National Bank of Tajikistan of August 30, 2012 No. 195

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