of December 29, 2000 No. 501
About approval of the Regulations on the Central depositary
In pursuance of the Presidential decree of the Republic of Tajikistan of December 1, 1999 No. 3 "About measures for further development and increase in efficiency of economic reforms" for the purpose of development in the Republic of Tajikistan of the Government of the Republic of Tajikistan security market decides:
Approve the enclosed Regulations on the Central depositary.
Prime Minister
Republic of Tajikistan E.Rakhmonov
Approved by the Order of the Government of the Republic of Tajikistan of December 29, 2000 No. 501
The central Depositary is urged to assist market development of securities and creation of system of protection of the rights of his participants, valuable interests of owners of securities in interaction with other professional participants of the security market.
1. The central Depositary (further - Depositary), is created by professional participants of the security market as the specialized organization which functions consist in storage of securities and maintenance of transactions and transactions with these securities in the form of accounting and registration of movement. The security holders who are owners and nominee holders of securities act as participants of transactions.
2. The nominee holder as the contractor of transactions with securities, performs fixing of the property right to securities, fixing of changes of these rights, and also other legal acts concerning securities on the conditions determined by the owner of these securities.
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The document ceased to be validc on August 23, 2016 according to Item 3 of the Order of the Government of the Republic of Tajikistan of August 23, 2016 No. 372