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The document ceased to be valid since  January 27, 2020 according to article 66 of the Law of the Republic of Uzbekistan of December 25, 2019 No. ZRU-598

LAW OF THE REPUBLIC OF UZBEKISTAN

of December 24, 1998 No. 719-I

About investing activities

(as amended on 03-04-2020)
Article 1. Purpose of this Law

The purpose of this Law is regulation of the relations in the field of investing activities.

Article 2. Legislation on investing activities

The legislation on investing activities consists of this Law and other acts of the legislation.

If the international treaty of the Republic of Uzbekistan establishes other rules, than those which are stipulated by the legislation the Republic of Uzbekistan about investing activities then are applied rules of the international treaty.

Article 3. Basic concepts

In this Law the following basic concepts are applied:

investments - the material and non-material benefits and the rights to them, including the intellectual property rights, and also the reinvestments put in objects entrepreneurial and other types of activity which are not prohibited by the legislation;

the investor - the subject of investing activities performing investment of own means and attraction of other investment resources into objects of investing activities;

the investment obligation - obligation of the investor assumed by it for achievement of the particular purposes provided by the investment project;

investing activities - the set of actions of subjects of investing activities connected with implementation of investments;

the participant of investing activities - the subject of investing activities providing execution of orders of the investor;

reinvestments - any investment income put in objects entrepreneurial and other types of activity which are not prohibited by the legislation including profit, percent, dividends, royalty, license and commission fees, payments for technical assistance, maintenance and other forms of remunerations.

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