DECISION OF THE NATIONAL COMMISSION ON SECURITIES AND STOCK MARKET OF UKRAINE

of July 24, 2015 No. 1085

About modification of the decision of the National commission on securities and the stock market of August 6, 2013 No. 1412

According to Item 13 of article 8 of the Law of Ukraine "About state regulation of the security market in Ukraine", to the Law of Ukraine "About depositary system of Ukraine" and for the purpose of ensuring protection of the rights of investors and observance by members of the security market of requirements of acts of the legislation the National commission on securities and the stock market SOLVED:

1. Add Item 2 of the decision of the National commission on securities and the stock market of August 6, 2013 with No. 1412 "About approval of Requirements to the service agreement of the account in securities", registered in the Ministry of Justice of Ukraine on September 2, 2013 at No. 1502/24034 (with changes), the new paragraph of the following content:

"The depository institution in case of non-execution by the depositor of necessary actions for reduction of the agreement on opening of the account in securities concluded before entry into force of the Law in compliance with Requirements, can refuse to the depositor carrying out depository operations (except the depository operations connected with transfer of securities into own account opened in other depository institution (with the subsequent account termination), account termination in securities), provision of services if it is provided by the contract with the depositor and/or internal documents of depository institution.".

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