Tashkent, Uzbekistan (UzDaily.com) — The deputies of the Legislative Chamber of Uzbekistan’s Oliy Majlis have reviewed a draft law aimed at improving the system for enforcing judicial decisions and acts of other authorities.

In recent years, Uzbekistan has been actively developing measures to improve this system, drawing on international best practices.

Under current legislation, if a debtor has no property or income that can be used for debt recovery, the enforcement process is considered completed. This provision has sparked various objections, as it limits the possibilities for debt recovery.

The draft law proposes the creation of a Registry of Obligations, which will include information about debtors. It also suggests that enforcement proceedings be resumed if information regarding a debtor’s property or financial assets is discovered in the Registry.

Additionally, the Tax Code will be amended to include a provision stating that no penalties will be applied to tax debts recorded in the Registry of Obligations.

Information about a debtor can only be removed from the Registry in a few cases:

• The debtor fulfills their obligations under the enforcement document.
• The debtor dies.
• The judicial decision or act of another authority, which was the basis for the enforcement document, is annulled.
• There is no information about the debtor’s property or assets for 10 years.
• The debtor is declared bankrupt.

The removal from the registry will be done upon request of the creditor.

The adoption of this draft law is expected to ensure the full and timely enforcement of judicial decisions and acts of other authorities, as well as effective protection of the rights of individuals and legal entities.