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NEWS AND EVENTS
September 23, 2013
Legislative Chamber passes several laws in the first reading
Legislative Chamber of Oliy Majlis of Uzbekistan held a session to consider several draft laws in the first reading on 19 September 2013. MPs considered a draft law “On exchange activities”. The draft law will ensure single legal practices in exchange activities and balance interests of participants of the exchange market, including shareholders, investors and the government.

It was said that the legal framework for exchange activities should correspond to rules, regulating activities of leading exchanges of the world.

MPs stated that the law will help to improve attractiveness of exchange market for foreign investors.

The MPs also considered a draft law “On guardianship and custody”, which was developed in line with the presidential resolution “On the State programme “The Year of Family” from 27 February 2012.

It was said that currently issues related to guardianship and custody are regulated with Civil Code and Family Code of Uzbekistan, regulation on guardianship and custody, as well as other documents.

But the document do not have clear notion about guardianship and custody body.

The document will regulate issues related to guardianship and custody, and mechanism of their regulation. The Family Code of Uzbekistan do not clarifies persons, who declared legally incapable or limited capable, able-bodied adults and persons in need of guardianship and custody on health grounds.

The draft law “On guardianship and custody” will regulate issues on guardianship and custody and the MPs noted that it will help to modernize guardianship and custody in Uzbekistan, improve mechanisms of guardianship and custody, protect rights and interests of all categories of the life, who need guardianship and custody. MPs discussed a draft law “On introduction of changes and amendments to some legislative acts of Uzbekistan in connection with adoption of the law “On guardianship and custody”.

It should be noted that the legislation of the Republic of Uzbekistan stipulates that \"orphan\" is a person whose (both parents) parents have died or found dead in line with a decision of the court, and in need of social protection.

However, in legal practice it is not defined social status of the deceased children of single mothers. However, number of orphans, left after death of their single mothers, makes up one third of the children recognized as orphans. They also need social protection as well as children who have lost both parents.

It was noted that the draft law “On guardianship and custody” reflects both national and international experience in protection of people, who need guardianship and custody. The norms of the draft law should be reflected in existing legislation as well.

MPs approved all three draft laws in the first reading. (Source: Uzdaily.com)


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