Regulatory Alerts2016-12-29 | ЗРУ-418Added
Law of the Republic of Uzbekistan on Amendments and Additions to Certain Legislative Acts Concerning Measures for Accelerated Development of Entrepreneurship, Protection of Private Property, and Improvement of the Business Climate
The Law amends Article 45 of the Criminal Code to prohibit depriving individuals of the right to engage in entrepreneurial activity as a penalty, except in cases resulting in death or other grave consequences. It adds provisions to Articles 178, 180, and 181 granting exemption from criminal liability for first-time offenders who voluntarily deposit hidden foreign currency into authorized bank accounts within thirty days of discovery, or who compensate for material damage caused within the same timeframe.
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