Article 3. Exchange

On introduction amendments and additions to the Law of the Republic of Uzbekistan «On exchanges and exchange activities» (LRU-375-son) · Date: 12.09.2014 · In force

Exchange — a legal entity that organizes exchange trading based on established rules in a predetermined place and at a specific time.

Exchanges are created exclusively in the form of joint stock companies.

Exchanges operate in the form of commodity, stock and currency exchanges.

The company name of the exchange must contain the word «exchange».

A legal entity that does not meet the requirements of this Law shall not have the right to use the word «exchange» in its company name, words derived from it and combinations with it, except as otherwise provided by law.

Exchanges acquire the right to carry out exchange activities after obtaining a license in the prescribed manner.

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Source of the text

National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/4582085

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Cite as: Article 3. Exchange On introduction amendments and additions to the Law of the Republic of Uzbekistan «On exchanges and exchange activities» (LRU-375-son). neolex.uz/en/laws/law-2462670/3 (lex.uz/docs/4582085)