Meeting of the National Assembly on October 8, “Investment funds on the draft law was discussed. According to APA, the draft law on information that the Chairman of the Milli Mejlis on Economic Policy Ziyad Samadzade said that the state register of investment funds in the project, the organization and operation of joint-stock investment funds, fund management, share issue, joint-stock investment fund investment returns, the share of investment funds , shared sales and redemption of shares of investment funds, investment funds, and foreign missions, or the authorization of the activity, and the cancellation of permits, etc. This was reflected issues such as: “Prior to that, the law was adopted in 1999, was a very complicated. This project has the second reading and then some mürəkkəbliklər sadələşdiriləcək. In general, the draft law was prepared taking into account modern requirements. Was used in the advanced international experience. “
Akhmedov said the bill’s comment that the unit, this law will promote the development of the joint-stock companies in the country. And the shortcomings of the draft law had been anlaşılmazlıqların V. Akhmedov believes that the investment funds of 50% interest in a given explanation of the limitation: “The extent of people created a fund of funds qoymasına stunt”. According to the deputy, the law also for the laundering of funds, regardless of form, should be gaining.
Nazim Mammadov, has proposed that the adoption of this law is very important for the current period. Member of Parliament of the draft law as well as improve the culture of corporate governance, the role of a unitary field of protection of the rights of the shareholders said. At the end of the third reading of the draft law from the meeting of National Assembly deputies’ proposals for the consideration of the development was recommended.
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