2017-01-17 | ПФ-4933Added
The President of Uzbekistan establishes procedures to simplify the privatization of state assets, granting regional heads the authority to sell municipal property and prohibiting authorities from challenging privatization results. The decree mandates the use of international sale methods such as IPOs and SPOs, restricts required bidder documents to applications and business plans, and requires the identification and listing of over 600 unused state assets for sale, including at zero cost. It also imposes strict timelines on government committees to submit proposals for legislative changes and strategic asset definitions.
All
Link to next revision
Link to previous revision
Indexing by CTU
Indexing by VAT
Change source
Official publication source
16.04.2025
27.04.2024
09.04.2022
30.12.2021 01
30.12.2021
08.07.2021
20.02.2019
10.07.2017
23.01.2017
View
Russian Eng Uzbek O’zb Russian|Uzbek Russian|O‘zb
[ OKOS: 1. 03.00.00.00 Civil Law / 03.08.00.00 Right of Ownership and Other Real Rights / 03.08.05.00 Denationalization and Privatization (see also 08.01.06.00) / 03.08.05.03 Sale of State Property] [ TSZ: 1. Civil Law. Entrepreneurship / Denationalization and Privatization] Send comments on the document Listen to audio Get link from document element Decree Send comments on the document Listen to audio Get link from document element President of the Republic of Uzbekistan Send comments on the document Listen to audio Get link from document element On measures for further simplification of procedures and acceleration of the sale of state property for use in entrepreneurial activities Send comments on the document Listen to audio Get link from document element Send comments on the document Listen to audio Get link from document element In order to create favorable conditions for the development of private entrepreneurship, further simplification of procedures and acceleration of the process of selling state property, elimination of bureaucratic barriers in their privatization, organization of production of competitive goods and services on objects transferred into private ownership: [ OKOS: 1. 03.00.00.00 Civil Law / 03.08.00.00 Right of Ownership and Other Real Rights / 03.08.05.00 Denationalization and Privatization (see also 08.01.06.00) / 03.08.05.03 Sale of State Property; 2. 03.00.00.00 Civil Law / 03.10.00.00 Obligatory Law / 03.10.05.00 Contract. Conclusion, modification and termination of contract; 3. 09.00.00.00 Entrepreneurship and Economic Activity / 09.05.00.00 Exchange Activity / 09.05.03.00 Procedure for conducting exchange (auction) sales and making transactions] Send comments on the document Listen to audio Get link from document element
03.00.00.00 Civil Law / 03.08.00.00 Right of Ownership and Other Real Rights / 03.08.05.00 Denationalization and Privatization (see also 08.01.06.00) / 03.08.05.03 Sale of State Property] Send comments on the document Listen to audio Get link from document element 2. Prohibit: Send comments on the document Listen to audio Get link from document element demanding from applicants-residents of the Republic of Uzbekistan any other documents besides the application and business plan when selling state property objects at competitive auctions, except in cases of implementation of strategic state property objects; Send comments on the document Listen to audio Get link from document element initiation of issues regarding the review and cancellation of privatization results, including valuation results of objects, by state, including supervisory, law enforcement bodies and courts. Send comments on the document Listen to audio Get link from document element 3. Introduce the following forms of realization of state property objects widely used in international practice: Send comments on the document Listen to audio Get link from document element primary (IPO) and secondary (SPO) public offering of shares to the population and subjects of entrepreneurial activity, conducted on the stock exchange; Send comments on the document Listen to audio Get link from document element competition and auction conducted in electronic form by specialized organizations. Send comments on the document Listen to audio Get link from document element The State Committee of the Republic of Uzbekistan on Privatization, Demonomopolization and Development of Competition jointly with interested ministries and departments shall, by April 1, 2017, submit to the Cabinet of Ministers of the Republic of Uzbekistan proposals on the list of joint-stock companies and the procedure for conducting primary (IPO) and secondary (SPO) public offering of their shares to the population and subjects of entrepreneurial activity in accordance with international practice. Send comments on the document Listen to audio Get link from document element See previous revision. Send comments on the document Listen to audio Get link from document element [ OKOS: 1. 03.00.00.00 Civil Law / 03.08.00.00 Right of Ownership and Other Real Rights / 03.08.05.00 Denationalization and Privatization (see also 08.01.06.00) / 03.08.05.03 Sale of State Property; 2. 13.00.00.00 Education. Science. Culture / 13.03.00.00 Culture / 13.03.16.00 Competitions. Exhibitions. Festivals] Send comments on the document Listen to audio Get link from document element 4. Entrust the State Committee of the Republic of Uzbekistan on Assistance to Privatized Enterprises and Development of Competition and territorial competitive commissions for the implementation of state property objects with: (paragraph first of point 4 in the edition of the Decree of the President of the Republic of Uzbekistan dated July 6, 2017 No. UP-5111 — Collection of Legislation of RU, 2017, No. 27, Art. 608) Send comments on the document Listen to audio Get link from document element timely identification and determination, jointly with the State Committee for Land, Geodesy and Cartography of the Republic of Uzbekistan, of the list of unused state property objects and their prompt listing for competitive auctions; See previous revision. Send comments on the document Listen to audio Get link from document element Send comments on the document Listen to audio Get link from document element ensuring mandatory publication of the list of unused state property objects in mass media, on the official websites of the State Committee of the Republic of Uzbekistan on Assistance to Privatized Enterprises and Development of Competition, the Council of Ministers of the Karakalpakstan Republic, Khokimiyats of the regions and the city of Tashkent; (paragraph third of point 4 in the edition of the Decree of the President of the Republic of Uzbekistan dated July 6, 2017 No. UP-5111 — Collection of Legislation of RU, 2017, No. 27, Art. 608) Send comments on the document Listen to audio Get link from document element organization of the holding of a competition for the implementation of state property objects within a period of no more than 60 days from the day of official publication of the announcement on the holding of auctions, observing clearly defined criteria, including conditions on investment volumes and creation of new jobs. [ OKOS: 1. 01.00.00.00 Constitutional Structure / 01.14.00.00 Lawmaking Activity of State Bodies / 01.14.03.00 Procedure for preparation and consideration of draft regulatory legal acts; 2. 03.00.00.00 Civil Law / 03.08.00.00 Right of Ownership and Other Real Rights / 03.08.05.00 Denationalization and Privatization (see also 08.01.06.00) / 03.08.05.03 Sale of State Property] Send comments on the document Listen to audio Get link from document element 5. Take note that as a result of the continuous inventory conducted by the State Committee of the Republic of Uzbekistan on Privatization, Demonomopolization and Development of Competition in the regions of the republic, more than 600 unused state property objects for implementation into private ownership have been identified, including at "zero" purchase price. Send comments on the document Listen to audio Get link from document element The State Committee of the Republic of Uzbekistan on Privatization, Demonomopolization and Development of Competition jointly with interested ministries and departments, the Council of Ministers of the Karakalpakstan Republic, Khokimiyats of the regions and the city of Tashkent shall, within one month, ensure submission to the Cabinet of Ministers of the Republic of Uzbekistan of a draft decree of the President of the Republic of Uzbekistan on the implementation into private ownership of the state property objects identified as a result of the inventory, including at "zero" purchase price. Send comments on the document Listen to audio Get link from document element 6. The State Committee of the Republic of Uzbekistan on Privatization, Demonomopolization and Development of Competition jointly with the Ministry of Economy and the Ministry of Finance of the Republic of Uzbekistan shall, within one month, submit to the Cabinet of Ministers of the Republic of Uzbekistan: Send comments on the document Listen to audio Get link from document element a unified list of strategic state property objects; Send comments on the document Listen to audio Get link from document element criteria for determining state property objects, decisions on the privatization of which are made by the Chairman of the Council of Ministers of the Karakalpakstan Republic, Khokims of the regions and the city of Tashkent. See previous revision. (point 7 will lose force from July 1, 2022 by Decree of the President of the Republic of Uzbekistan dated April 8, 2022 No. UP-101 — National Legislative Database, 09.04.2022, No. 06/22/101/0288) Send comments on the document Listen to audio Get link from document element 8. The State Committee of the Republic of Uzbekistan on Privatization, Demonomopolization and Development of Competition jointly with the Ministry of Justice of the Republic of Uzbekistan and other interested ministries and departments shall, within two months, submit to the Cabinet of Ministers of the Republic of Uzbekistan proposals on amendments and additions to legislation arising from this Decree. Send comments on the document Listen to audio Get link from document element 9. Control over the execution of this Decree is entrusted to the Prime Minister of the Republic of Uzbekistan A.N. Aripov. Send comments on the document Listen to audio Get link from document element President of the Republic of Uzbekistan Sh. MIRZIYOYEV Send comments on the document Listen to audio Get link from document element city of Tashkent, Send comments on the document Listen to audio Get link from document element January 17, 2017, Send comments on the document Listen to audio Get link from document element No. UP-4933 (Collection of Legislation of the Republic of Uzbekistan, 2017, No. 3, Art. 41; No. 27, Art. 608; National Legislative Database, 20.02.2019, No. 06/19/5666/2636; 08.07.2021, No. 06/21/6258/0651, 30.12.2021, No. 06/21/42/1224; 09.04.2022, No. 06/22/101/0288; 27.04.2024, No. 06/24/67/0307; 16.04.2025, No. 06/25/66/0348)
More like this from CBU
We email you every new CBU publication the day it's published.