RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of May 1, 2001 No. 198

About enhancement of system of the organization of wholesale and stock exchange trading

According to the Law of the Republic of Uzbekistan "About the exchanges and exchange activities", the Presidential decree of the Republic of Uzbekistan of April 27, 2001 No. UP-2836 "About Measures for Further Enhancement of Wholesale and Stock Exchange Trading" and for the purpose of further development and enhancement of the organization in the republic of wholesale and stock exchange trading, non-admission of unreasonable overestimate of the prices of the material Cabinet of Ministers resources decides:

1. Ceased to be valid

2. Ceased to be valid

3. Ceased to be valid

4. Ceased to be valid

5. To the State Property Committee of the Republic of Uzbekistan:

till September 1, 2001 together with the Ministry of Justice of the Republic of Uzbekistan it is deep to study results of privatization and creation of the organizations which were a part of the system of the liquidated Uzoptbirzhetorg association. In case of identification of violations of the law to take in accordance with the established procedure measures for their elimination, and perpetrators to make responsible;

in a month to create authorized capital of Uzulgurzhisavdo joint stock company at the expense of property value of the liquidated Uzoptbirzhetorg association and blocks of shares of the organizations specified in appendix No. 1 belonging to the state;

in two-month time to perform registration of the prospectus of the issue of shares of the Uzulgurzhisavdo company providing preserving in state-owned property of the block of shares in the amount of, not exceeding 25 percent, share of labor collective - to 10 percent from the created authorized capital of the company;

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