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IT IS APPROVED Government of Republican share Toshkent exchanges August 14, 1997. |
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Approved the State Property Committee by the Center for coordination and control of functioning of the security market of August 15, 1997
1.1. This Provision is developed according to the Provision "About the Center for Coordination and Control of Functioning of the Security Market under the State Property Committee of the Republic of Uzbekistan" (approved by the resolution of the Cabinet of Ministers of the Republic of Uzbekistan N126 of March 30, 1996), the law of the Republic of Uzbekistan "About the mechanism of functioning of the security market", domestic situations and rules of the exchange, and also others legislative and regulations on the security market, and determines procedure for use of powers of the state inspector in the security market.
1.2. For the purposes of this provision the following concepts are used:
the state inspector - the authorized representative of the Center for coordination and control of functioning of the security market exercising control of exchange activities;
stock exchange trading - the process of purchase and sale of securities made on the stock exchange (share departments of the exchanges), according to the procedure and on the conditions determined by the exchange according to the legislation;
the stock official listing - the list of the companies issuers which securities are allowed on the exchange biddings by results of examination of the special exchange commission;
the chief broker - the representative of the exchange having the right to carry out (to conduct) the exchange biddings in any section and to control correctness of execution by brokers of their obligations;
brokers are the representatives of the exchange performing functions on the organization of the course of the biddings in sections of the exchange and registering transactions;
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