A new regulation on the procedure for the conservation of fixed assets.
Since November 1, 2021, a new regulation on the procedure for the conservation of fixed assets shall have come into force. It is going to replace the previously valid Resolution of the Council of Ministers No. 683 of 22.05.2003.
GRATA International advices Coca-Cola Içecek Anonim Şirketi (CCI) in one of the largest privatizations in Uzbekistan
GRATA International has advised Coca-Cola Içecek Anonim Şirketi (CCI), the Coca-Cola bottler for Turkey, Central Asia, Pakistan and the Middle East, in its successful bid for acquisition of 57.118% state shares in Coca-Cola Bottlers Uzbekistan, Ltd (CCBU).
Legislative amendments in land tenure arrangements in Uzbekistan
The Decree of the President of the Republic of Uzbekistan “On measures to ensure equality and transparency in land tenure arrangements, reliable protection of land rights and their transformation into a market asset” No.УП-6243 dated on June 8, 2021 (the “Decree No.УП-6243”) introduced a number of changes in the legislation on land.
New Urban Development Code has been approved in Uzbekistan
Within the framework of the law “On approval of the Urban Development Code of the Republic of Uzbekistan”, there was adopted the Urban Development Code of the Republic of Uzbekistan.
18.03.2021
One of Russia’s leading media outlets, Kommersant, has released its national rating of best legal practices. Russian offices of GRATA International have been featured in federal and regional tables of leading law firm across several practice areas.
10.03.2021
A leading Russian law firms rating directory Pravo-300 released the results of its first ever research of legal markets of CIS countries. The main goal of Pravo-300 International is to provide an overview of the regional legal market, identify main players and help Russia law firms find reliable partners for projects in the local jurisdictions.
Joint tenancy
The changes and additions were aimed at the comprehensive regulation of relations, taking into account the development of the practice of applying the institution of joint tenancy. Some of them are presented below.
The Decree of the President of the Republic of Uzbekistan “On further improvement of resource taxes and property tax”
The President of the Republic of Uzbekistan signed the Decree “On further improvement of resource taxes and property tax” No.UP-6121 dated 03.12.2020 (the “Decree No.UP-6121”) to improve the property and land taxation.
07.12.2020
On the 4th of December 2020, Pravo.ru, a leading Russian legal publication, revealed its national legal rating Pravo300.
Government of Georgia adopted the Ordinance on the approval of the Government Project for Mortgage Support Mechanism
On 25 June 2020, Ordinance of the Government of Georgia on the approval of the Government Project for Mortgage Support Mechanism was published on the website of Legislative Herald of Georgia
Strengthening the responsibility for illegal seizure of land
Following the results of the fourth plenary session of the Senate of the Oliy Majlis of the Republic of Uzbekistan, the Law “On amendments and additions to some legislative acts of the Republic of Uzbekistan in connection with the increased liability for illegal seizure of land” (the “Law”) was approved. This Law introduces amendments and additions to the Criminal Code, the Code of Criminal Procedure and the Code on Administrative Responsibility.
GRATA International Belarus took part in the webinar «Lawyer
in the field of construction»
On March 27, 2020 an online webinar “Lawyer in the field of construction” was held, where the experts raised important topics regarding the main difficulties in construction: