of August 19, 1999 No. 811-I
About estimative activities
This Law governs the relations connected with implementation of estimative activities.
The legislation on estimative 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 estimative activities then are applied rules of the international treaty.
Estimative activities are the activities of the estimative organization directed to cost determination of object of assessment.
No. ZRU-721 is excluded according to the Law of the Republic of Uzbekistan of 12.10.2021
The estimative organization is the legal entity performing estimative activities
.The estimative organization in the activities is independent. Intervention of the consumer of services (further - the customer) or other interested persons in activities of the estimative organization is not allowed.
The estimative organization can be created and perform the activities in any form of business, stipulated by the legislation, except for joint-stock company. At the same time the following compulsory provisions shall be complied:
the head of the estimative organization shall be appraiser;
the number of staff of the estimative organization shall conform to the requirements to the minimum number of regular appraisers established by the legislation with the corresponding qualification;
availability at the estimative organization of the insurance policy confirming entry into force of obligations of the insurer according to the insurance contract of the civil responsibility of the estimative organization;
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