Article 134. Forms of inter-budget transfers
Budget code of the Republic of Uzbekistan · Date: 26.12.2013 · In force
Inter-budget transfers are carried out in the form of subventions, transferred revenues, grants, budget loans of funds for mutual settlements, equalizing inter-budget transfers and targeted social transfers.
Sizes of inter-budget transfers are specified:
when legislative acts adopted in the current financial year entail changes in revenues and expenditures of budgets of different levels;
based on the degree of completeness of receipts of all taxes due and other compulsory payments and budget disbursement.
At the initiative of a higher financial authority, the obligations of the higher budget to the lower budget under one form of inter-budget transfer may be set off against reducing the obligations of the lower budget to the higher budget under another form of inter-budget transfer.
