RESOLUTION OF THE CABINET OF MINISTERS OF THE KYRGYZ REPUBLIC

of December 25, 2024 No. 791

About approval of the Regulations on release, the address and repayment of promissory notes

For the purpose of ensuring development of the financial sector and stimulation of international cooperation, according to the Law of the Kyrgyz Republic "About accession of the Kyrgyz Republic to the Convention establishing the Uniform law about translated and simple bills of exchange" articles 13, of the 17th constitutional Law of the Kyrgyz Republic "About the Cabinet of Ministers of the Kyrgyz Republic" the Cabinet of Ministers of the Kyrgyz Republic decides:

1. Approve Regulations on release, the address and repayment of promissory notes according to appendix.

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

Appendix

to the Resolution of the Cabinet of Ministers of the Kyrgyz Republic of December 25, 2024 No. 791

Regulations on release, address and repayment of promissory notes

Chapter 1. General provisions

1. This Provision determines procedure for release, the address and repayment of the promissory notes issued by the Ministry of Finance of the Kyrgyz Republic.

2. The promissory note is the assignable document and can be issued in different currencies.

Chapter 2. The terms and determinations used in this Provision

3. For the purposes and understanding of this provision the following terms and determinations are used:

The drawer - person who issued the promissory note with the obligation to pay certain sum of money to the receiver of the promissory note in case of its presentation;

The bill holder - person who is the receiver and the holder of the promissory note;

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