Decree No. 20/2010/L-CTN of the President announcing the Law Amending and Supplementing Certain Provisions of the Securities Law which was passed by the National Assembly on November 24, 2010. This decree stipulates the implementation and application of the new law.
Key points
- The Law Amending and Supplementing Certain Provisions of the Securities Law passed by the National Assembly on November 24, 2010
🌐 Social impact of this document
- Positive impact: Creates a new legal basis for the securities market, enhancing the effectiveness of management and supervision of activities in the market.
- Negative impact: May cause difficulties for businesses and individuals accustomed to the old regulations.
❓ Frequently asked questions
When does this new law come into effect?
The effective date of the Law Amending and Supplementing Certain Provisions of the Securities Law is specified in the main text of the law.
Who are the subjects to whom this law applies?
This law applies to organizations and individuals participating in activities on the securities market, including issuing enterprises, securities trading organizations, investors, and state management agencies for securities.
Which provisions of the Securities Law does this law amend and supplement?
The main text specifically provides details of the amended and supplemented provisions. It is necessary to refer to the Law Amending and Supplementing Certain Provisions of the Securities Law for specific information.
Is there a deadline for implementing the new law?
The implementation deadline is specified in the main text. It is necessary to refer specifically to the Law Amending and Supplementing Certain Provisions of the Securities Law.
What penalties will be imposed for violations of this law?
Specific forms of punishment must be referred to in the main text. Typically, penalties include fines and/or disciplinary actions against individuals or organizations.
Full text
|
PRESIDENT OF THE STATE |
SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness |
| Number: 20/2010/L-CTN | Hanoi, December 6, 2010 |
ORDER
Regarding the promulgation of the Law
CHAIRMAN
SOCIALIST REPUBLIC OF VIET NAM
On the basis of Article 103 and Article 106 of the Constitution of the Socialist Republic of Vietnam in 1992, amended and supplemented by Resolution No. 51/2001/QH10 dated December 25, 2001 of the Tenth Session of the Tenth National Assembly;
Pursuant to Article 91 of the Law on the Organization of the National Assembly;
On the basis of Article 57 of the Law on Enacting Regulatory Legal Documents;
NOW PROMULGATE
Law Amending and Supplementing Certain Provisions of the Securities Law
Passed by the National Assembly of the Socialist Republic of Vietnam, the Twelfth Session, the Eighth Meeting on November 24, 2010./.
|
CHAIRMAN SOCIALIST REPUBLIC OF VIET NAM Nguyen Minh Triet |
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