Meta Data
Title in national language: 
Ўзбекистон Республикасининг Қонуни 1999 й. №815-I-сон "Табиий монополиялар тўғрисида" / Закон Республики Узбекистан от 19.08.1999 №815-I "О естественных монополиях"
Draft: 
No
Revision of previous policy?: 
No
Draft Year: 
1997
Effective Start Year: 
1997
Scope: 
National
Document Type: 
Law
Economic Sector: 
Energy, Power, Multi-Sector
Energy Types: 
Oil, Power, Gas
Issued by: 
Parliament of the Republic of Uzbekistan
Notes: 
No English translation available
Overall Summary: 
The Law of the Republic of Uzbekistan on Natural Monopolies №398-I came into force on April 24, 1997. Amendments to the policy were introduced by a revision adopted on August 19, 1999 (Law № 815-I). The policy sets forth the principles of natural monopoly markets regulation and aims to mediate the competing interests of all parties involved – consumers, state and holders of natural monopolies. The Law deals with specific instances of natural monopoly markets regulation - article 3 states that natural monopolies occur when competitive market is not deemed an efficient mechanism. Large economy of scale and technological advantages give rise to natural monopolies making monopolistic industries economically viable compared to perfectly competitive ones in specific cases. The policy focuses on the following areas: transportation of oil, petroleum products, and gas via pipelines, generation and transmission of electricity and thermal power, water and sewage systems, etc. As provided by art. 5, price determination mechanisms are applicable to natural monopoly goods and services, other regulatory methods include determination of consumers liable to obligatory servicing by natural monopoly entities.
Pricing
Energy pricing: 
The general criteria for price-setting are set forth by Art. 7. The authorized agency carries out activities related to determination of prices for natural monopoly goods and services. The article stipulates that in accordance with the procedure established by the Cabinet of Ministers of the Republic of Uzbekistan, a natural monopoly entity shall develop tariff proposals for further consideration by the authorized body.
Governance
National policy structure: 
The purpose of this Law is to regulate relations related to the activities of subjects of natural monopolies in the commodity markets of the Republic of Uzbekistan, as well as to ensure a balance of interests of consumers, the state and subjects of natural monopolies.
Energy institutional structures: 
Regulatory bodies that govern natural monopoly markets (oil and gas, petroleum products, electricity and thermal power) in Uzbekistan include the Cabinet of Ministers and the authorized agency under the Cabinet of Ministers.