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It is registered by

Ministry of Justice

Republic of Tajikistan

 On May 3, 2012 No. 693

ORDER OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF TAJIKISTAN

of April 23, 2012 No. 31

About approval of Rules of registration of registration of issue of securities and standards of certificates of securities

According to part 10 of article 16 of the Law of the Republic of Tajikistan "About the security market" and Item 11 of the Provision of the Ministry of Finance of the Republic of Tajikistan, No. approved by the order of the Government of the Republic of Tajikistan of December 28, 2006 588,

I dispose:

1. Approve Rules of registration of registration of issue of securities and standards of certificates of securities (are applied).

2. To perform registration of issue of securities taking into account requirements of these rules.

3. These Rules to provide to the Ministry of Justice of the Republic of Tajikistan for state registration.

4. This Order becomes effective after its accounting, state registration and official publication.

5. To consider the order of the Minister of Finance of the Republic of Tajikistan No. 62 of 17.07.2009 invalid.

6. Control of execution of this order to assign to the Deputy Minister of Finance - the curator of the Agency on market development of securities and specialized registrar of the Ministry of Finance of the Republic of Tajikistan.

Minister

S. Nadzhmiddinov

Approved by the Order of the Minister of Finance of the Republic of Tajikistan of April 23, 2012 No. 31

Rules of registration of registration of issue of securities and standards of certificates of securities

1. General provisions

1. These rules are developed in compliance with article 16 of the Law of the Republic of Tajikistan "About the market securities" and regulate procedure for issue, registration and placement of securities.

State registration of issue of securities irrespective of subscription method (closed or opened) is performed by the Ministry of Finance of the Republic of Tajikistan (further - the Ministry) according to the Laws of the Republic of Tajikistan "About the market securities" and "About joint-stock companies".

2. The joint-stock company shall within thirty calendar days after implementation of state registration (re-registration), provide the prospectus of the issue of securities for registration to the Ministry. In case of change in the authorized capital in connection with reduction or increase in the authorized capital, and also share issue the placed by converting, such changes shall be provided to the Ministry no later than one month from the moment of adoption of the relevant decision by society.

3. The minimum size of the authorized capital of joint-stock company is determined according to the legislation of the Republic of Tajikistan.

4. In case of registration of the prospectus of the issue of non-state securities the state fee in the amount of 0.1% of nominal value of issue of securities is collected. The state fee is enlisted in the government budget.

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