RESOLUTION OF BOARD OF NATIONAL BANK OF TAJIKISTAN

of August 2, 2012 No. 168

About approval of the Instruction No. 196 "About procedure for regulation of activities of the microcredit deposit institutions"

According to article 23 of the Law of the Republic of Tajikistan "About the microfinancial organizations", the Board of National Bank of Tajikistan decides:

1. Approve the Instruction No. 196 "About procedure for regulation of activities of the microcredit deposit institutions" it (is applied).

2. In accordance with the established procedure to provide this Resolution to the Ministry of Justice of the Republic of Tajikistan for state registration.

3. Enact this Resolution after state registration and on the expiration of 90 days from the date of official publication.

4. The resolution of Board of National Bank of Tajikistan of January 11, 2011, No. 2 "About approval of the Instruction No. 135 "About procedure for regulation of activities of the microcredit deposit institutions", registered in the Ministry of Justice of the Republic of Tajikistan of January 26 2011, No. 600, to consider invalid.

5. To assign execution of Items 3 and 4 of this Resolution to Department of banking supervision (Davlatov I. H.), Legal Management (Davlatov Sh. F.) and Press service (Kurbonov A. A.).

6. To impose control of execution of this Resolution on the vice-chairman of National Bank of Tajikistan Nejmatov A. H.

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