payments under Section 23/2 or to transfer the amount of benefits maintained in the fund under Section 23/3 to the retirement mutual funds or any other fund with the objective to serve as a security for
special purpose juristic person shall be deemed to have been approved to offer for sale newly issued securities and shall be entitled to proceed with the offering of the securities for sale in accordance
established by agreement of the employees and the employer and registered under this Act, to serve as a security for the employees in case of their death, termination of employment, or resignation from the fund
Act, to serve as a security for the employees in case of their death, termination of employment, or resignation from the fund, by payments of the employees’ savings and the employer’s contribution in
. Supervision of Mutual Fund Management and Fund Voting 4/10 • Enhancing mutual fund management supervision for better protection of unitholders’ interests • Improving fund voting mechanism for asset management
within sixty days in order to proceed in accordance with Section 31/7; in this regard, the retiring board members shall remain in office until the successor assumes duties. The provisions of Section 12 and
the term of office. 6Upon expiration of the term of office of board members, the SEC shall propose a list of experts to the Selection Committee within sixty days in order to proceed in accordance with
entitled to inspect his account and name. Section 16. As regards the transfer of assets under an approved project, if the assets are secured by security other than rights of mortgage, rights of pledge or
the transferred assets. A debtor shall be entitled to inspect his account and name. Section 16. As regards the transfer of assets under an approved project, if the assets are secured by security other
proceed in accordance with Section 31/7; in this regard, the retiring board members shall remain in office until the successor assumes duties.” SECTION 6 The following provisions shall be added as (1/1) and