RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of December 21, 2009 No. 322

About approval of the Regulations on procedure for development, approval, modification and amendments in standards of assessment of property

According to article 9 of the Law of the Republic of Uzbekistan "About estimative activities" the Cabinet of Ministers decides:

1. Approve Regulations on procedure for development, approval, modification and amendments in standards of assessment of property, according to appendix.

2. To the State Property Committee of the Republic of Uzbekistan together with the interested ministries and departments in two-month time to bring the regulatory legal acts into accord with this resolution.

3. To impose control of execution of this resolution on the First Deputy Prime Minister of the Republic of Uzbekistan Azimov R. S.

Appendix

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of December 21, 2009 No. 322

Regulations on procedure for development, approval, modification and amendments in standards of assessment of property

I. General provisions

1. This Provision determines procedure for development and approval of new standards of assessment of property, and also modification and amendments and recognition voided the existing standards of assessment of property.

2. State body, authorized and responsible for timely development or review of standards of assessment of property, carrying out their approval, approval and state registration as regulatory legal act, the authorized body on regulation of estimative activities is (further - authorized body).

3. Standards of assessment of property shall be developed within the legislation of the Republic of Uzbekistan and to be interconnected with National accounting standards of the Republic of Uzbekistan.

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