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LAW OF THE REPUBLIC OF ARMENIA

of November 12, 2016 No. ZR-200

About entering of amendment and change into the Law of the Republic of Armenia "About pawnshops and lombard activities"

Accepted by National Assembly of the Republic of Armenia on October 27, 2016

Article 1. In article 7 of the Law of the Republic of Armenia ZR-43 of December 3, 2003 "About pawnshops and lombard activities":

The Item "in" of part 1 after the words "securities (except for shares)" to add 1) with the words "and derivative financial instruments",

The Item "and" of part 2 to state 2) in the following edition:

"a) for acquisition of borrowing facilities to distribute bonds, other securities or derivative financial instruments, to raise funds otherwise, than it is provided by part of 1 this Article,".

Article 2. This Law becomes effective for the tenth day after official publication.

President of the Republic of Armenia

S. A. Sargsyan

 

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