On Approval of the Regulation on the Procedure for Commercial Banks to Lend in National Currency to Housing Ownership Companies and on Recognizing Amendments and Additions Thereto as Invalid

Resolution of the Board of the Central Bank of the Republic of Uzbekistan, registered on 25.03.2021, registration number 1126-6

Date of entry into force

25.03.2021

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[
OKOB:
1.
07.00.00.00 Legislation on Finance and Credit. Bank Activity / 07.22.00.00 Lending / 07.22.03.00 Loans of Commercial Banks;
2.
08.00.00.00 Housing Legislation. Utilities / 08.01.00.00 Housing Fund / 08.01.08.00 Management of Apartment Buildings]
[
TSZ:
1.
Finance / Banks and other credit institutions. Loans]

Resolution of the Board of the Central Bank of the Republic of Uzbekistan

"On Approval of the Regulation on the Procedure for Commercial Banks to Lend in National Currency to Housing Ownership Companies, as well as on Recognizing Amendments and Additions Thereto as Invalid"

[Registered by the Ministry of Justice of the Republic of Uzbekistan on March 25, 2021, registration number 1126-6]

In accordance with the Laws of the Republic of Uzbekistan "On the Central Bank of the Republic of Uzbekistan" and "On Banks and Banking Activity", the Decree of the President of the Republic of Uzbekistan dated November 18, 2019, No. PF-5877 "On Improving Monetary Policy by Gradually Transitioning to an Inflation Targeting Regime", and the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated March 1, 2002, No. 74 "On Additional Measures to Support Housing Ownership Companies", the Board of the Central Bank of the Republic of Uzbekistan resolves:

1. Some departmental normative legal documents are recognized as invalid in accordance with the Appendix.

2. This resolution enters into force from the date of its official publication.

Chairman of the Central Bank M. NURMURATOV

Tashkent city,

February 24, 2021,

No. 3/3

APPENDIX
to the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated February 24, 2021, No. 3/3

Departmental normative legal documents recognized as invalid

LIST

1. Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated March 16, 2002, No. 6/1 "On Approval of the Regulation on the Procedure for Commercial Banks to Lend in National Currency to Housing Ownership Companies" (registration number 1126, April 18, 2002) (Bulletin of Normative Legal Documents of Ministries, State Committees and Departments of the Republic of Uzbekistan, 2002, No. 8).

2. Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated December 26, 2002, No. 28/19 "On Amending the Procedure for Commercial Banks to Lend in National Currency to Housing Ownership Companies" (registration number 1126-1, January 31, 2003) (Bulletin of Normative Legal Documents of Ministries, State Committees and Departments of the Republic of Uzbekistan, 2003, Nos. 1-2).

3. Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated August 16, 2006, No. 20/3 "On Amendments to the Regulation on the Procedure for Commercial Banks to Lend in National Currency to Housing Ownership Companies" (registration number 1126-2, August 25, 2006) (Collection of Legislative Acts of the Republic of Uzbekistan, 2006, Nos. 34-35, Article 354).

4. Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated April 25, 2015, No. 11/3 "On Amendments to the Regulation on the Procedure for Commercial Banks to Lend in National Currency to Housing Ownership Companies" (registration number 1126-3, May 4, 2015) (Collection of Legislative Acts of the Republic of Uzbekistan, 2015, No. 18, Article 221).

5. Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated July 29, 2017, No. 18/2 "On Amendments to the Regulation on the Procedure for Commercial Banks to Lend in National Currency to Private Housing Ownership Companies" (registration number 1126-4, September 4, 2017) (Collection of Legislative Acts of the Republic of Uzbekistan, 2017, No. 36, Article 965).

6. Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated December 21, 2019, No. 31/8 "On Amendments and Additions to the Regulation on the Procedure for Commercial Banks to Lend in National Currency to Private Housing Ownership Companies" (registration number 1126-5, January 24, 2020) (National Database of Legislative Acts, January 24, 2020, No. 10/20/1126-5/0080).
   (No. 10/21/1126-6/0238, March 25, 2021, National Database of Legislative Acts)