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LAW OF THE REPUBLIC OF ARMENIA

of December 21, 2004 No. ZR-144

About entering of amendment into the Law of the Republic of Armenia "About funds"

Accepted by National Assembly of the Republic of Armenia on November 24, 2004

Article 1. The law of the Republic of Armenia "About funds" (from December 26, 2002, to add with ZR-516) with part 4 following of content:

"4. Features of legal status, organization of fund of guaranteeing deposits, governing bodies, the charter, the rights and obligations of fund and governing bodies of the last, liquidations of fund, fund, including administrative and managerial expenses, are established by the Law of the Republic of Armenia "About guaranteeing compensation of bank deposits of physical persons". Provisions of this Law extend to Fund of guaranteeing compensation of deposits if other is not established by the Law of the Republic of Armenia "About guaranteeing compensation of bank deposits of physical persons".

President of the Republic of Armenia

R. Kocharyan

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