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The document ceased to be valid since  July 15, 2015 according to article 91.8 of the Law of the Azerbaijan Republic of May 15, 2015 No. 1284-IVQ "About the security market"

LAW OF THE AZERBAIJAN REPUBLIC

of June 16, 2000 No. 899-IG

About protection of the rights of investors in the security market

(as amended on on October 9, 2007)

This Law governs the relations of the legal entities and physical persons (further - investors) which are owners of securities in the Azerbaijan Republic in the field of the state and public protection of their rights in the security market.

Article 1. Scope of the Law

1.1. This Law extends to the relations by all types of securities.

1.2. Are established by the law:

1.2.1. additional terms of rendering the security market by professional participants (further - professional participants) services to investors, additional requirements to issuers and professional participants;

1.2.2. measures for protection of the rights and legitimate interests of investors in the security market, and also responsibility for violation of these rights and interests.

Article 2. The requirements connected with release and security circulation

2.1. Placement, advertizing and the offer is forbidden to investors in this or that form in the security market of the issuers who did not announce the data which are subject to the announcement in the amount and procedure established by the legislation for open placement of issue of securities, and also securities which release did not undergo state registration and the conclusion of transactions with them.

2.2. The provisions limiting the rights and legitimate interests of investors cannot be provided in the agreements signed between members of the security market.

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