of April 19, 2003 No. 189
About measures for enhancement of corporate management by the privatized companies
In pursuance of the Presidential decree of the Republic of Uzbekistan of January 24, 2003 and for the purpose of further implementation of the principles of corporate management at the privatized companies the Cabinet of Ministers decides No. UP-3202 "About Measures for Cardinal Increase in Share and Value of Private Sector in Economy of Uzbekistan":
1. Approve Regulations on trustees by investment assets according to appendix No. 3.
2. To complexes of the Cabinet of Ministers jointly with the Special commission on questions of enhancement of management of the privatized companies, the Ministry of Justice of the Republic of Uzbekistan till July 1, 2003 to bring constituent documents of associations, corporations, companies, other economic associations into compliance with requirements of the Presidential decree of January 24, 2003 No. UP-3202, meaning exception of the provisions allowing to interfere unreasonably with operational activity of the companies which are their part.
If necessary to provide to the Cabinet of Ministers of the offer on modification of the decisions of the Government regulating questions of the organization of activities of separate economic associations.
3. To the State Property Committee of the Republic of Uzbekistan:
in a month to develop and approve the schedule of step-by-step transfer in 2003-2004 on competitive basis of the state blocks of shares (shares, shares) in trust management to professional managing companies;
till July 1, 2003 to sign agreements with the state attorneys on management of the state assets of joint-stock companies in which the share of the state constitutes 26 and more percent, valid through their transfer to trust management to professional managing companies;
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
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