1997-07-17 | ПФ-1819

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Additional Measures on Improving Bank Services for Enterprises with Foreign Investments

The decree grants enterprises established in Uzbekistan with foreign investment the right to maintain demand deposit accounts in both Uzbek som and foreign currency at one or more banking institutions of their choice. It mandates the Cabinet of Ministers and the Central Bank to amend existing normative legal documents to reflect these changes within one week and assigns the Prime Minister with oversight of the decree's implementation.

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30.04.2021

01.03.1999

17.07.1997

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Russian Uzbek O’zb Uzbek|Russian

Document lost its force 30.04.2021

[ OKOZ: 1. 07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.21.00.00 Banking Activity / 07.21.02.00 Procedure for opening and maintaining bank accounts; 2. 07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.21.00.00 Banking Activity / 07.21.05.00 Bank deposits and other deposit operations] [ TSK: 1. Finance / Banks and other credit institutions. Credits; 2. Foreign Economic Activity. Customs / Foreign Investments. Concession Contracts. Attraction of Funds from Abroad. Free Economic Zones] Send suggestions for the document Listen to audio Get a reference from a document element Send suggestions for the document Listen to audio Get a reference from a document element Decree of the President of the Republic of Uzbekistan Send suggestions for the document Listen to audio Get a reference from a document element ON ADDITIONAL MEASURES ON IMPROVING BANK SERVICES FOR ENTERPRISES WITH FOREIGN INVESTMENTS Send suggestions for the document Listen to audio Get a reference from a document element LexUZ commentary This Decree has lost its force on the basis of the Decree of the President of the Republic of Uzbekistan dated April 30, 2021, No. PF-6218 "On Measures for Comprehensive Systematization of the National Legal Database". Send suggestions for the document Listen to audio Get a reference from a document element In order to create favorable conditions for the activities of enterprises with foreign investments, improve their bank services, and encourage the attraction of foreign investments into the economy of the Republic of Uzbekistan: Send suggestions for the document Listen to audio Get a reference from a document element

  1. It is established that: Send suggestions for the document Listen to audio Get a reference from a document element Enterprises established in the territory of the Republic of Uzbekistan with foreign investments have the right, at their own discretion, to have demand deposit accounts in Uzbek som and foreign currency at one or several banking institutions. See the previous edition. (The third paragraph of item 1 has lost its force on the basis of the Decree of the President of the Republic of Uzbekistan dated March 1, 1999, No. PF-2241 — Bulletin of the Oliy Majlis of the Republic of Uzbekistan, 1999, No. 3, Article 66) Send suggestions for the document Listen to audio Get a reference from a document element
  2. The Cabinet of Ministers of the Republic of Uzbekistan and the Central Bank shall, within one week, introduce changes and additions to the current normative legal documents arising from this Decree. Send suggestions for the document Listen to audio Get a reference from a document element
  3. Control over the implementation of this Decree shall be entrusted to the Prime Minister of the Republic of Uzbekistan, O.T. Sultonov. Send suggestions for the document Listen to audio Get a reference from a document element President of the Republic of Uzbekistan I. KARIMOV Send suggestions for the document Listen to audio Get a reference from a document element Tashkent city, Send suggestions for the document Listen to audio Get a reference from a document element July 17, 1997, Send suggestions for the document Listen to audio Get a reference from a document element No. PF-1819 (Bulletin of the Oliy Majlis of the Republic of Uzbekistan, 1997, No. 7, Article 185; 1999, No. 3, Article 66)

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