Rule · CBU · 10 Jun 2020 · 1477-3
The Board of the Central Bank of the Republic of Uzbekistan mandates that all institutions add a 'Redeemed' mark to blanks of redeemed, damaged, or unused securities. This resolution, effective upon official publication on June 10, 2020, replaces the May 12, 2005 Regulation No. 10/6. It also requires the Chairman of the Bank's Board to sign the destruction act.
Resolution of the Board of the Central Bank of the Republic of Uzbekistan, registered on 10.06.2020, reg. number 1477-3
Date of entry into force
10.06.2020
All
Russian
Uzbek
O’zb
Russian|Uzbek
Russian|O‘zb
[OKOZ:
1.07.00.00.00 Legislation on finance and credit. Banking activity / 07.21.00.00 Banking activity / 07.21.08.00 Bank operations with securities;
2.07.00.00.00 Legislation on finance and credit. Banking activity / 07.25.00.00 Issuance of securities / 07.25.07.00 Destruction (redemption) of securities]
[TSZ:
Finance / Banks and other credit institutions. Credits;
Finance / Securities. Securities market]
Resolution
BOARD of the Central Bank of the Republic of Uzbekistan
On Amendments to the Regulation on the Procedure for Destroying Blank Simple Bills and Bank Deposit Certificates
[Registered by the Ministry of Justice of the Republic of Uzbekistan on June 10, 2020. Registration No. 1477-3]
In accordance with the Law of the Republic of Uzbekistan "On the Central Bank of the Republic of Uzbekistan" and the Decree of the President of the Republic of Uzbekistan dated November 20, 2019 No. PP-4525 "On measures for further improvement of the business environment and perfection of the system of support for entrepreneurship in the country," the Board of the Central Bank of the Republic of Uzbekistan resolves:
To make amendments to the Regulation on the Procedure for Destroying Blank Simple Bills and Bank Deposit Certificates, approved by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated May 12, 2005 No. 10/6 (reg. No. 1477 dated May 30, 2005) (Bulletin of normative acts of ministries, state committees and agencies of the Republic of Uzbekistan, 2005, No. 22, art. 163), according to the Appendix.
This resolution enters into force from the day of its official publication.
Chairman of the Central Bank M. NURMURATOV
Tashkent,
May 25, 2020,
No. 12/6
APPENDIX
to the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated May 25, 2020 No. 12/6
Amendments made to the Regulation on the Procedure for Destroying Blank Simple Bills and Bank Deposit Certificates
"3. On the blanks of redeemed securities, as well as on damaged and (or) unused blanks of securities, a mark with the inscription 'Redeemed' must necessarily be added."
"21. The act is approved by the signature of the Chairman of the Bank's Board."
(National database of legislation, 10.06.2020, No. 10/20/1477-3/0733)
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“To make amendments to the Regulation on the Procedure for Destroying Blank Simple Bills and Bank Deposit Certificates, approved by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated May 12, 2005 No. 10/6”
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Source: Central Bank of the Republic of Uzbekistan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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