ORDER OF THE MINISTER OF FINANCE OF THE REPUBLIC OF UZBEKISTAN

of May 11, 2012 No. 42

About modification and amendments in Regulations on procedure for rendering actuarial services

According to the Law of the Republic of Uzbekistan "About insurance activity" (Sheets of Oliy Majlis of the Republic of Uzbekistan, 2002, 68) I order to No. 4-5, of the Art.:

1. Make changes and addition to the Regulations on procedure for rendering actuarial services approved by the order of the Minister of Finance of the Republic of Uzbekistan of April 7, 2009 No. 42 (рег. No. 1975 of June 26, 2009) (Collection of the legislation of the Republic of Uzbekistan, 2009, No. 26, the Art. 309), according to appendix.

2. This order becomes effective after ten days from the date of its state registration in the Ministry of Justice of the Republic of Uzbekistan.

Appendix

to the order of the Minister of Finance of the Republic of Uzbekistan of May 11, 2012 No. 42

The changes and amendment brought in Regulations on procedure for rendering actuarial services

1. In Item 2:

state paragraph two in the following edition:

"the actuary - the physical person who received the qualification certificate of the actuary according to the procedure, established by specially authorized state body, and being on the staff of the actuarial organization or signed the civil contract with the actuarial organization"; add with the paragraph of the following content:

"the customer - the insurer or other customer of actuarial services.".

2. In Item 8 of the word of "insurer" and "insurer" to replace respectively with words of "customer" and "customer".

3. In Item 10 "insurer" to replace the word with the word "customer".

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