ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC AND NATIONAL BANK OF THE KYRGYZ REPUBLIC

of October 13, 2011 No. 631/35/10

About the Procedure for rounding of the amounts of tyyynovy remaining balance in case of cash calculations in the Kyrgyz Republic

For the purpose of enhancement and establishment of procedure for carrying out cash calculations in the Kyrgyz Republic in the light of the undertaken reforms in financial bank system and settlement system, and also in connection with the termination of release into the stream of commerce and further use when carrying out all types of cash calculations of coin advantage of 10 tyyyn the Government of the Kyrgyz Republic and National Bank of the Kyrgyz Republic decide:

1. Approve and enact since September 1, 2011 the enclosed Procedure for rounding of the amounts of tyyynovy remaining balance to 50 tyyyn in case of cash calculations in the Kyrgyz Republic.

2. To all business entities and budgetary institutions to accept without restrictions of banknote of tyyynovy nominals, including coin advantage of 10 tyyyn and to hand over in commercial banks in accordance with the established procedure.

3. To impose control of execution of this resolution on department of financial and credit policy of Government office of the Kyrgyz Republic and National Bank of the Kyrgyz Republic.

4. Declare invalid the order of the Government of the Kyrgyz Republic and National Bank of the Kyrgyz Republic "About the Procedure for rounding of the amounts in case of cash calculations in the Kyrgyz Republic" of February 18, 2008 No. 54/50/1.

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

Approved by the order of the Government of the Kyrgyz Republic and National Bank of the Kyrgyz Republic of October 13, 2011, No. 631/35/10

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