ASHGABAT, Turkmenistan, March 13. Turkmenistan
has approved updated rules for providing bank safe deposit boxes to
individuals and legal entities,
Trend reports via the press service of the Turkmen
Government.
Under the updated regulations, the procedure for concluding a
safe deposit box rental agreement has been clarified. The contract
must specify the rights, obligations and responsibilities of the
parties, as well as the rental period.
The agreement must be issued in two original copies with equal
legal force and signed by the head of the Precious Metals and
Precious Stones Fund of the Central Bank of Turkmenistan and the
renter.
The rules also introduce adjustments to the use of a
personalized key for accessing the safe deposit box and align the
methodology for calculating rental fees with the provisions of the
Civil Code of Turkmenistan.
Oversight of compliance with the updated regulations has been
assigned to the Central Bank.
