Article 26. Governor of the TIFC

1. The Governor shall act as a general coordinator of the TIFC Bodies as well as a liaison between and among the Government bodies of the Republic of Uzbekistan and the TIFC Bodies.

2. The Governor shall have such powers and shall use such necessary organisational, consulting and technical assistance as are determined by the TIFC Board.

3. In meetings of the Board, in the absence of the Chairman, the Governor shall serve as acting Chair.

4. The Governor will be appointed and removed pursuant to an edict issued by the President of the Republic of Uzbekistan. Such edict shall specify the terms of service, financial entitlements and employment benefits of the Governor. Notwithstanding paragraph 6 of Article 25, removal of the person serving as Governor pursuant to an edict of the President of the Republic of Uzbekistan shall concurrently remove that person from the Board, unless the edict specifically provides otherwise.

5. Without prejudice to the independence and powers of the TIFC Bodies established by this Constitutional Law and TIFC Acts, the Governor shall perform the following duties and exercise the following powers:

1) develop the strategy, general policies, and plans of the TIFC with a view to achieving the objectives of the TIFC, submit them to the TIFC Board for approval, supervise their implementation, and submit reports thereon to the TIFC Board;

2) develop the draft organisational structure of the TIFC and submit it to the TIFC Board for approval;

3) establish committees and working groups providing advice and assistance necessary for the performance of the Governorʼs functions in accordance with this Constitutional Law and TIFC Acts;

4) appoint, where necessary, experts and specialists providing advice and assistance for the performance of the Governorʼs functions;

5) where necessary, in consultation with TIFC Bodies, conclude contracts, agreements and memoranda of understanding with third parties inside and outside the Republic of Uzbekistan for the purpose of achieving the objectives of the TIFC;

6) represent the TIFC in relations with state bodies of the Republic of Uzbekistan and other organisations inside and outside the Republic of Uzbekistan, involving TIFC Bodies in such relations in accordance with their duties and powers; and

7) perform other duties and exercise other powers assigned to the Governor by the President of the Republic of Uzbekistan or by this Constitutional Law.