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Finance 14/09/2020 Changes introduced to the Regulation "On cashless payments in the Republic of Uzbekistan"
Changes introduced to the Regulation "On cashless payments in the Republic of Uzbekistan"

Tashkent, Uzbekistan (UzDaily.com) -- The Resolution of the Board of the Central Bank amended the Regulation "On non-cash payments in the Republic of Uzbekistan".

According to Presidential Decree No. UP-6010 “On additional measures to improve the mechanism for the sale of natural gas and electricity”, the powers of the Bureau of Compulsory Enforcement to submit collection orders to collect debts for the supplied energy resources, as well as services for the collection and removal of solid household waste were terminated. In this regard, appropriate amendments have been made to paragraph 65 of this Regulation in order to ensure the legality of non-cash payments.

Clause 56 was brought in line with the requirements of the Civil Code (Art. 329), in particular, a rule was introduced prohibiting the issuance of non-acceptance payment claims to the bank accounts of subsidiary responsible persons when collecting accounts payable from a surety.

In accordance with Article 329 of the Civil Code of the Republic of Uzbekistan, prior to filing claims against a person who is liable in addition to the liability of the main debtor (subsidiary liability), the creditor must file a claim against the main debtor. Also, the creditor does not have the right to demand satisfaction of his claim against the main debtor from the person bearing subsidiary liability, if this claim can be satisfied by uncontested collection of funds from the main debtor.

In turn, the person bearing subsidiary liability must, before satisfying the claim presented to him by the creditor, warn the main debtor about this, and if a claim is brought against such a person, attract the main debtor to participate in the case.

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