PRESIDENTIAL DECREE OF THE REPUBLIC OF UZBEKISTAN

of January 21, 1994 No. UP-745

About measures for further deepening of economic reforms, ensuring protection of private property and development of entrepreneurship

Proceeding from need of providing proper conditions for effective functioning of market mechanism, acceleration of processes of privatization and privatization, and also protection of private property in the Republic of Uzbekistan:

1. ceased to be valid the Order of the President of RU No. R-895 of 03.09.1998.

2. To the Cabinet of Ministers to develop and submit for consideration the state program on deepening of processes of privatization and privatization in a month, having paid special attention on implementation of privatization in industries and constructions. Provide in it:

transformation of the closed joint stock companies to societies of open type providing open entry of citizens to process of privatization and privatization;

the organization of the republican exchange of trade in the real estate and implementation of sale of the state objects through it, privatizeable;

creation of republican stock exchange and ensuring primary placement of shares on it the privatized companies.

To provide to Uzgosfond together with the Ministry of Finance, the State Property Committee and the Central bank of the Republic of Uzbekistan share issue, the created and transformed joint-stock companies and their placement on the stock exchange.

3. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 19.06.2023 No. UP-99

4. To the Ministry of Justice of the Republic of Uzbekistan:

determine specific measures for providing legal protection of non-state property and measure of administrative and criminal liability for violation of the rights of private property of citizens. Provide the specified offers to directive bodies;

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