RESOLUTION OF BOARD OF CENTRAL BANK OF THE REPUBLIC OF UZBEKISTAN

of March 5, 2020 No. 5/3

About modification of the Regulations on procedure for liquidation of credit unions

According to the Tax code of the Republic of Uzbekistan, the laws of the Republic of Uzbekistan "About the Central bank of the Republic of Uzbekistan" and "About licensing of separate types of activity" the Board of the Central bank of the Republic of Uzbekistan DECIDES:

1. Make changes to the Regulations on procedure for liquidation of credit unions approved by the resolution of Board of the Central bank of April 19, 2008 No. 10/3 (рег. No. 1815 of May 22, 2008) (Collection of the legislation of the Republic of Uzbekistan, 2008, Art. No. 20-21, 195), according to appendix.

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

Appendix

to the Resolution of Board of the Central bank of the Republic of Uzbekistan of March 5, 2020 No. 5/3

The changes made to Regulations on procedure for liquidation of credit unions

1. In paragraph seven of Item 65 of the word to "other obligatory payments" to replace with the word to "charges".

2. To state paragraph two of Item 67 in the following edition:

"Announcements of the credit unions which stopped activities as a result of liquidation are published in mass media, and also posted on the official website of the Central bank.".

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