Tashkent, Uzbekistan (UzDaily.com) – President of Uzbekistan Shavkat Mirziyoyev signed a law on amendments and addenda to some legislative acts.

In accordance with the Law, in connection with the fundamental reform of the notary system, relevant changes and additions were made to more than 10 legislative acts.

In particular, according to the amendments to the Law “On Pledge”, mortgage and pledge agreements for the acquisition of real estate and vehicles in the primary market are not subject to notarization.

Also, the Law "On Notaries" is supplemented by the rules on a notary public, which is engaged in private practice, the notary chamber.

In particular, a notary public practicing private law has the right:

- without a legal entity, have their own office;

- open a bank account and other personal accounts;

- have property and personal non-property rights and obligations;

- conclude and terminate employment contracts with employees;

- participate in the court on its own behalf and perform other actions provided for by law.

The Notary Chamber is a non-profit organization based on the membership of all notaries engaged in private practice.

In addition, private notarial activities are also included in the List of activities for which licenses are required.

This Law shall enter into force on the day of its official publication.