of June 6, 2018 No. 44
About procedure for pronouncement of instructions about suspension of placement, the redemption, exchange of investment shares
Based on paragraph two of part two of Item 2 of article 5 of the Law of the Republic of Belarus of July 17, 2017 "About investment funds", Item 10 of the Regulations on the Ministry of Finance of the Republic of Belarus approved by the resolution of Council of Ministers of the Republic of Belarus of October 31, 2001 No. 1585 "Questions of the Ministry of Finance of the Republic of Belarus", the Ministry of Finance of the Republic of Belarus DECIDES:
1. Determine that:
1.1. instructions about suspension of placement, the redemption, exchange of investment shares are taken out by the Ministry of Finance of the Republic of Belarus in cases of identification of violations of requirements of the Law of the Republic of Belarus of July 17, 2017 "About investment funds" (The national legal Internet portal of the Republic of Belarus, 22.07. 2017, 2/2490), other acts of the legislation of the Republic of Belarus of securities or of economic societies or impossibility of performance of contractual commitments management company of mutual investment fund, specialized depositary, auditing organization (the auditor performing activities as the individual entrepreneur), the contractor of assessment who is the legal entity, or the appraiser - the individual entrepreneur, other persons if as a result of such violation or such impossibility the rights and legitimate interests of owners of investment shares are violated;
1.2. instructions about suspension of placement, the redemption, exchange of investment shares are constituted according to appendix to this resolution and in day of their removal go:
1.2.1. in case of suspension of placement of investment shares:
the management company of mutual investment fund which performed issue of investment shares;
to specialized depositary of mutual investment fund;
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
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