LEGAL PROCEDURE OF PROPERTY OF HIGHER EDUCATION INSTITUTIONS

Аннотация

This article presents the legal status of the property of higher education organizations and issues of storage and management of this property. Legal frameworks regulating property rights in higher education institutions and the legal status of the legal nature of intellectual property have been researched. Key words: financial management, financial stability, maintenance and increase of property, fixed asset turnover ratio, return on assets, student accommodation, administrative buildings, licensing agreements. Аннотация: Ушбу мақолада олий таълим ташкилотларининг мол- мулкини ҳуқуқий ҳолати ва ушбу мол-мулкнинг сақлаш ва бошқариш масалалари келтирилган. Олий таълим муассасаларида мулк ҳуқуқларини тартибга солувчи ҳуқуқий асослар ва интеллектуал мулкнинг ҳуқуқий табиатининг ҳуқуқий ҳолати тадқиқ этилган. Калит сўзлар: молиявий бошқарув, молиявий барқарорлик, мол- мулкни сақлаш ва кўпайтириш, асосий воситалар айланмаси коеффициенти, активлар рентабеллиги, талабалар турар жойлари, маъмурий бинолар, лицензиялаш шартномалари. Аннотация: В данной статье представлены правовое положение имущества организаций высшего образования и вопросы хранения и управления этим имуществом. Исследованы правовые основы, регулирующие права собственности в высших учебных заведениях, а также правовой статус правовой природы интеллектуальной собственности. Ключевые слова: финансовый менеджмент, финансовая устойчивость, содержание и приумножение имущества, коэффициент оборачиваемости основных средств, рентабельность активов, студенческие общежития, административные здания, лицензионные договоры. 91 МЕЖДУНАРОДНАЯ КОНФЕРЕНЦИЯ АКАДЕМИЧЕСКИХ НАУК Asset maintenance in higher education institutions in Uzbekistan plays a critical role in ensuring the overall functionality and efficiency of the institution. Responsibility for asset maintenance often falls to facilities management teams, whose primary goal is to maintain the physical infrastructure of the institution through regular inspections, repairs, and upgrades. Effective maintenance strategies in higher education not only contribute to the safety and well-being of students and staff, but also help extend the life of property assets, resulting in long-term cost savings. The allocation of financial resources for asset maintenance should be carefully planned and prioritized to address the most critical and urgent needs first, and then regularly evaluated to identify emerging issues. By implementing strategic maintenance practices, higher education institutions in Uzbekistan can ensure a conducive learning and working environment for all stakeholders. Asset utilization and optimization play a crucial role in the financial management of higher education institutions in Uzbekistan. Effective asset management allows these institutions to maximize their resources and improve their overall performance. By closely monitoring asset utilization indicators, such as inventory turnover ratio, fixed asset turnover ratio, and return on assets, which are calculated from economic categories, university administrators can identify areas for improvement and implement strategies to optimize asset utilization. This may include reallocating resources to increase efficiency and reduce waste, investing in new technologies, or streamlining operational processes. By effectively utilizing and optimizing assets, higher education institutions can achieve greater financial stability and sustainability, which in turn benefits their students, faculty, and stakeholders. It is worth noting that tax legislation plays an important role in shaping the legal regime of property of higher education institutions in Uzbekistan. According to Article 243 of the current Tax Code, the sale of services in the field of education (training), including services for organizing tests and exams, in particular educational services in the field of primary, secondary, secondary specialized, technical and vocational, higher and postgraduate education, as well as services for providing additional education provided by educational institutions (organizations), as well as organizations that retrain and improve the skills of personnel, is exempt from turnover tax. [1] The taxation of educational institutions can affect their financial sustainability and ability to fulfill their educational mission. In particular, the property tax privileges of higher education institutions are important in ensuring their 92 МЕЖДУНАРОДНАЯ КОНФЕРЕНЦИЯ АКАДЕМИЧЕСКИХ НАУК continued operation and development. However, the interpretation and application of tax legislation can vary, which can lead to potential difficulties for higher education institutions in managing a complex regulatory environment. Understanding the characteristics of tax legislation affecting the property of higher education institutions is crucial for policymakers, administrators, and stakeholders to support the effective operation of educational institutions and ensure equal access to quality educa