Resolution on Amendments to the Regulation on the Procedure for Commercial Banks to Grant Loans to Farmer Holdings Pledged with Future Harvest

Resolution of the Board of the Central Bank of the Republic of Uzbekistan, registered on April 30, 2005, registration number 1337-1

Date of entry into force

May 10, 2005

All

August 19, 2019

May 10, 2005

Format

Russian

Uzbek

Uzb

Uzb|Russian

Document lost its force on August 19, 2019

[
OKOZ:
1.
03.00.00.00 Civil Legislation / 03.10.00.00 Law of Obligations / 03.10.04.04 (Lost its force) Pledge of goods in circulation / 03.10.99.00 (Lost its force) Pledge;
2.
07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.22.00.00 Lending / 07.22.06.00 Specific Types of Lending / 07.22.06.01 Lending to Agricultural Commodity Producers (also see 09.14.17.05);
3.
09.00.00.00 Entrepreneurship and Economic Activity / 09.14.00.00 Agriculture / 09.14.17.00 Contracts in Agriculture / 09.14.17.05 Lending, accounting, insurance in the agro-industrial production sector (also see 07.22.06.01);
4.
21.00.00.00 Comprehensive Documents on Amendments and Additions / 21.04.00.00 Departmental Normative Legal Documents]
[
TSZ:
1.
Economy / Agriculture;
2.
Finance / Banks and other credit institutions. Loans]

RESOLUTION OF THE BOARD OF THE CENTRAL BANK OF THE REPUBLIC OF UZBEKISTON

ON AMENDMENTS TO THE REGULATION ON THE PROCEDURE FOR COMMERCIAL BANKS TO GRANT LOANS TO FARMER HOLDINGS PLEDGED WITH FUTURE HARVEST

[Registered by the Ministry of Justice of the Republic of Uzbekistan on April 30, 2005 under No. 1337-1]

This resolution was removed from the state register based on the Order of the Minister of Justice of the Republic of Uzbekistan dated August 19, 2019, No. 347-mh "On Removing Departmental Normative Legal Documents from the State Register" (registration number 1337-5, August 19, 2019).

Based on the Laws of the Republic of Uzbekistan "On the Central Bank of the Republic of Uzbekistan" and "On Banks and Banking Activity", the Board of the Central Bank resolves:

1. Add amendments to the "Regulation on the Procedure for Commercial Banks to Grant Loans to Farmer Holdings Pledged with Future Harvest" (April 16, 2004, registration number 1337 - Collection of Legislation of the Republic of Uzbekistan, 2004, No. 15, Article 182) attached hereto.

2. This resolution enters into force ten days after the date of registration with the Ministry of Justice of the Republic of Uzbekistan.

Chairman of the Board of the Central Bank F. MULLAJONOV

Tashkent,

April 9, 2005,

No. 6/3

APPROVED

by the Resolution of the Board of the Central Bank No. 6/3 dated April 9, 2005

Amendments to be made to the Regulation on the Procedure for Commercial Banks to Grant Loans to Farmer Holdings Pledged with Future Harvest

1.
Paragraph 4 shall be supplemented with the following new paragraph:

"Commercial banks have the right to decide on establishing preferential interest rates for these loans."

2. Paragraph 5
   shall be supplemented with the following new paragraph after the fifth paragraph:

"Payments for harvesting grain crops and collecting cotton raw materials."

3.
Paragraph 10 shall be supplemented with the following new paragraph:

"In this regard, it is recommended that the maximum amount of loans granted for financing each type of crop cultivation costs specified in Paragraph 5 of this Regulation be determined based on agrotechnical cards approved annually by the Ministry of Finance and the Ministry of Agriculture and Water Resources of the Republic of Uzbekistan for each harvest."

4. These amendments were coordinated with the Ministry of Finance, the Ministry of Agriculture and Water Resources, the State Committee for Management of State Property and Support of Entrepreneurship, the State Committee for Land Resources, Geodesy, Cartography and State Cadastre, and the Union of Peasant and Farmer Holdings of the Republic of Uzbekistan.

Minister of Finance S. RAHIMOV

Tashkent,

April 8, 2005

Minister of Agriculture and Water Resources S. ISMAILOV

Tashkent,

April 8, 2005

Chairman of the State Committee for Management of State Property M. ASKAROV

Tashkent,

April 8, 2005

Chairman of the State Committee for Land Resources, Geodesy, Cartography and State Cadastre A. ABDU AZIZOV

Tashkent,

April 8, 2005

Chairman of the Union of Peasant and Farmer Holdings S. QOBILOV

Tashkent,

April 8, 2005

(Collection of Legislation of the Republic of Uzbekistan, 2005, Nos. 17-18, Article 137)