Article 3. The basic definitions used in this Code

The following basic definitions are used in this Code:

circulating cash balances — the minimum allowable amount of budget funds held in the treasury accounts of the republican budget of the Republic of Uzbekistan, the republican budget of the Republic of Karakalpakstan, regional budgets of regions and city budget of the city of Tashkent, budgets of districts and cities for a certain financial year;

manager of budgetary funds of the first level — a legal entity that distributes budgetary funds allocated from the republican budget of the Republic of Uzbekistan in the amount established by law;

budgetary allocations — funds provided to budgetary organizations and recipients of budgetary funds from the State Budget of the Republic of Uzbekistan and budgets of state trust funds;

budget process — the process of formation, compilation, consideration, adoption, approval and execution of budgets of the budget system, control over their formation, compilation and execution, preparation and approval of reports on the execution of budgets of the budget system, as well as the relationships between them;

participants of budget process — bodies of public authority and management, state financial control authorities, budget organizations and budget fund recipients;

manager of budgetary funds — manager of budgetary funds of the first level and manager of budgetary funds of the second level;

budget authorities — authorities of the budget process participants in the sphere of budget relations;

budget loan — cash granted on a repayable basis from a higher-level budget to a lower-level budget, as well as state trust funds, resident entities;

budget request — document providing a justification for the need to receive budgetary allocations on a mid-term basis;

extra-budgetary funds of budget organization — funds received at the disposal of a budget organization from sources provided by law;

budgets of the budget system — state budget of the Republic of Uzbekistan, budgets of state trust funds and extra-budgetary funds of budget organizations;

inter-budget transfers — funds transferred from the republican budget of the Republic of Uzbekistan to the budget of the Republic of Karakalpakstan, local budgets of regions and the city of Tashkent, state trust funds and vice versa, as well as from the republican budget of the Republic of Karakalpakstan, regional budgets of regions and the city budget of Tashkent to the budgets of districts and cities and vice versa;