On Amendments to the Regulation on the Licensing of Pawnshop Activities

Decision of the Management Board of the Central Bank of the Republic of Uzbekistan, registered on 15.06.2020, registration number 1291-11

Effective date: 15.06.2020
All | Reference to the next revision | Reference to the previous revision | Indexing by QTUQ | Indexing by QMQ Source of amendments: 28.09.2022 | Official publication source: 15.06.2020 View: Russian | Uzbek (O’zb) | Uzbek|Russian

Document lost force on 28.09.2022
[OKED: 1. 07.00.00.00 Legislation on Finance and Credit. Bank Activities / 07.23.00.00 Other Credit Institutions / 07.23.02.00 Pawnshops] [TSZ: 1. Finance / Banks and other credit institutions. Credits]

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[Registered by the Ministry of Justice of the Republic of Uzbekistan on 15 June 2020, registration number 1291-11] LexUZ commentary: This decision lost force on 28.09.2022 based on Decision No. 19/5 of the Management Board of the Central Bank dated 22 August 2022 "On Recognizing Certain Normative Legal Acts Adopted by the Central Bank of the Republic of Uzbekistan as Lost Force" (registration number 3389, dated 28.09.2022).

In accordance with the Laws of the Republic of Uzbekistan "On the Central Bank of the Republic of Uzbekistan", "On Licensing of Certain Types of Activities", and "On State Fees", the Management Board decides:

1. Amendments shall be made to the attached Regulation on the Licensing of Pawnshop Activities, approved by Decision No. 23/3 dated 22 September 2003 (registration number 1291, dated 10 December 2003).
2. This decision enters into force from the date of its official publication.

Chairman of the Central Bank M. NURMURATOV
Tashkent, 25 May 2020, No. 12/2

APPENDIX to Decision No. 12/2 of the Management Board of the Central Bank of the Republic of Uzbekistan dated 25 May 2020
Amendments to be made to the Regulation on the Licensing of Pawnshop Activities

1. Paragraph 4 shall be stated in the following edition: "4. The granting, suspension of validity, termination, reissuance, and cancellation of licenses authorizing pawnshops to conduct activities are formalized by a decision of the Management Board of the Central Bank of the Republic of Uzbekistan."
2. Paragraph 91 shall be stated in the following edition: "91. Requirements for a candidate recommended for the position of head of the pawnshop management body: higher economic education; at least two years of work experience in the banking and finance sector, as well as an impeccable business reputation. In this regard, persons with unexpunged or undischarged convictions for economic or administrative crimes are deemed to lack an impeccable business reputation."
3. The fourth and fifth paragraphs of Paragraph 14 shall be stated in the following edition: "The licensing authority collects a state fee for the issuance of a license in the amount specified by the Law 'On State Fees'. The fee amount is determined by the Cabinet of Ministers."

(National Database of Legislative Acts, 15.06.2020, No. 10/20/1291-11/0794)