“Article 1934. Failure to comply with legislative requirements on conflicts of interests

Failure by an official or employee of a state body or other organization to report the existence of a conflict of interests as required by legislation on conflicts of interests —

shall entail a fine in the amount of three to five times the base calculation amount (BCA).

The same offense committed repeatedly within one year after the imposition of an administrative penalty —

shall entail a fine in the amount of five to ten times the BCA.

Failure by an official of a state body or other organization, having become aware of an existing or potential conflict of interests provided for by the legislation, to take measures to regulate such conflict —

shall entail a fine in the amount of five to ten times the BCA.

If the offense specified in the third part of this article is committed repeatedly within one year after the imposition of an administrative penalty —

shall entail a fine in the amount of ten to fifteen times the BCA.

If the offenses specified in the first and third parts of this article are committed in the sphere of public procurement —

officials shall be fined in the amount of twenty to thirty times the BCA”;

3) In part one of Article 245, after the number “1933”, add “1934”;

4) In part one of Article 24510, replace the words “in Article 2157” with “in Articles 1934 and 2157”.

2. To introduce the following additions to the Civil Code of the Republic of Uzbekistan, approved by the Laws dated December 21, 1995, No. LRU-163-I and August 29, 1996, No. LRU-256-I (Bulletin of the Oliy Majlis of the Republic of Uzbekistan, 1996 — 2022):

1) Supplement Article 114 with parts three and four as follows:

“If a transaction concluded in the presence of a conflict of interests is recognized void, the profit obtained as a result of concluding such transaction shall, by court procedure, be transferred to the state revenue without requiring the return of everything received under the transaction. Expenses related to the execution of such a transaction shall be reimbursed at the expense of the person who allowed the conflict of interests.

If a transaction concluded in the presence of corruption is recognized void, the losses caused to individuals and legal entities as a result of concluding such a transaction shall be compensated by the guilty persons in court procedure.”