Decision No. 42/2000/QD-UBCK1 of June 12, 2000 amending and supplementing a number of articles of the regulation on securities membership, listing, information disclosure and trading, promulgated together with Decision No. 04/1999/QD-UBCK1 of March 27, 1999 of the chairman of The State securities commission
THE STATE SECURITIES COMMISSION
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
Hanoi, June 12, 2000
AMENDING AND SUPPLEMENTING A NUMBER OF ARTICLES OF THE REGULATION ON SECURITIES MEMBERSHIP, LISTING, INFORMATION DISCLOSURE AND TRADING, PROMULGATED TOGETHER WITH DECISION No.04/1999/QD-UBCK1 OF MARCH 27, 1999 OF THE CHAIRMAN OF THE STATE SECURITIES COMMISSION
THE CHAIRMAN OF THE STATE SECURITIES COMMISSION
Pursuant to the Government’s Decree No.15/CP of March 2, 1993 on the tasks, powers and State management responsibilities of the ministries and ministerial-level agencies;
Pursuant to the Government’s Decree No.75/CP of November 28, 1996 on the establishment of the State Securities Commission;
Pursuant to the Government’s Decree No.48/1998/ND-CP of July 11, 1998 on securities and securities market;
At the proposal of the Director of the Securities Market Development Department,
Article 1.- To amend and supplement a number of articles of the Regulation on securities membership, listing, information disclosure and trading, promulgated together with Decision No.04/1999/QD-UBCK1 of March 27, 1999 of the Chairman of the State Securities Commission, as follows:
1. To cancel Point c, Clause 5 of Article 5 and cancel Appendix 03-TV.
>> See also: Consultancy on the establishment of operating regulations for enterprises
2. Clause 1 of Article 14 is amended as follows:
In cases where clients hold securities certificates and wish to put them to trading, the member shall request such clients to submit their securities certificates before placing order(s). When the clients hand in their securities certificates, the member shall have to give such clients receipts of securities certificates and effect the custody thereof at the securities trading center (STC) according to Decision No.05/1999/QD-UBCK3 of March 27, 1999 of the Chairman of the State Securities Commission promulgating the Regulation on securities custody, clearing and registration.
3. To add Clause 4 to Article 16 as follows:
The listing of the Government bonds shall be effected as follows: The agency authorized by the Government to issue Government bonds (the Finance Ministry and/or the State Treasury) shall send a dossier of application for listing registration to the STC, which shall comprise:
a/ An official dispatch requesting the listing;
b/ A report on the issuance’s result (the bond type, par value, interest rate, maturity).
Five days after the dossier is sent, the Government bonds shall be listed at the STC.
4. Clause 1, Point m, Clause 2 and Clause 3 of Article 33 are amended and supplemented as follows:
Clause 1, Point m: It decides to split up or split down shares or issue shares to increase its charter capital; decides to buy or sell its own shares; or decides to issue bonds together with the right to buy shares or issue convertible bonds.