RESOLUTION OF THE PRESIDENT OF TURKMENISTAN

of January 31, 2000 No. 4548

About introduction in the territory of Turkmenistan of circulation of bills

For the purpose of strengthening of payment discipline and broad application of progressive forms of calculations I decide:

1. Enter since February 1, 2000 bill form of calculations between the state companies, the organizations and organizations in the territory of Turkmenistan.

2. Approve Regulations on the treasurer bill of exchange it (is applied).

3. Determine that treasurer bills of exchange are obligatory payment method when implementing calculations between the state companies, the organizations and organizations.

4. To the Ministry of Economics and finance of Turkmenistan together with the Central bank of Turkmenistan to develop and submit for approval in the Cabinet of Ministers of Turkmenistan projects:

Main conditions of release, address and repayment of treasurer bills of exchange;

Procedure for release, address and repayment of treasurer bills of exchange;

Procedure for reflection in financial accounting and the reporting of transactions with bills of exchange.

5. To the Ministry of Economics and finance of Turkmenistan:

provide release of treasurer bills of exchange of 2000;

develop and approve single samples of bill forms.

6. To impose control over the implementation of this resolution on the Vice-chairman of the Cabinet of Ministers of Turkmenistan the t. Kandymova S.

Approved by the resolution of the President of Turkmenistan of January 31, 2000 No. 4548

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