Republic act 7192

Page 1

5HSXEOLF RI WKH 3KLOLSSLQHV &RQJUHVV RI WKH 3KLOLSSLQHV 0HWUR 0DQLOD )LIWK 5HJXODU 6HVVLRQ

%HJXQ DQG KHOG LQ 0HWUR 0DQLOD RQ 0RQGD\ WKH WZHQW\ VHFRQG GD\ RI -XO\ QLQHWHHQ KXQGUHG DQG QLQHW\ RQH >5(38%/,& $&7 12 @

$1 $&7 352027,1* 7+( ,17(*5$7,21 2) :20(1 $6 )8// $1' (48$/ 3$571(56 2) 0(1 ,1 '(9(/230(17 $1' 1$7,21 %8,/',1* $1' )25 27+(5 385326(6 %H LW HQDFWHG E\ WKH 6HQDWH DQG +RXVH RI 5HSUHVHQWDWLYHV RI WKH 3KLOLSSLQHV LQ &RQJUHVV DVVHPEOHG 6(&7,21 7LWOH ² 7KLV $FW VKDOO EH FLWHG DV WKH :RPHQ LQ 'HYHORSPHQW DQG 1DWLRQ %XLOGLQJ $FW 6(&7,21 'HFODUDWLRQ RI 3ROLF\ ²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


6(&7,21 5HVSRQVLEOH $JHQF\ ² 7KH 1DWLRQDO (FRQRPLF DQG 'HYHORSPHQW $XWKRULW\ 1('$ VKDOO SULPDULO\ EH UHVSRQVLEOH IRU HQVXULQJ WKH SDUWLFLSDWLRQ RI ZRPHQ DV UHFLSLHQWV LQ IRUHLJQ DLG JUDQWV DQG ORDQV ,W VKDOO GHWHUPLQH DQG UHFRPPHQG WKH DPRXQW WR EH DOORFDWHG IRU WKH GHYHORSPHQW DFWLYLW\ LQYROYLQJ ZRPHQ 6(&7,21 0DQGDWH ² 7KH 1('$ ZLWK WKH DVVLVWDQFH RI WKH 1DWLRQDO &RPPLVVLRQ RQ WKH 5ROH RI )LOLSLQR :RPHQ VKDOO HQVXUH WKDW WKH GLIIHUHQW JRYHUQPHQW GHSDUWPHQWV LQFOXGLQJ LWV DJHQFLHV DQG LQVWUXPHQWDOLWLHV ZKLFK GLUHFWO\ RU LQGLUHFWO\ DIIHFW WKH SDUWLFLSDWLRQ RI ZRPHQ LQ QDWLRQDO GHYHORSPHQW DQG WKHLU LQWHJUDWLRQ WKHUHLQ )RUPXODWH DQG SULRULWL]H UXUDO RU FRXQWU\VLGH GHYHORSPHQW SURJUDPV RU SURMHFWV SURYLGH LQFRPH DQG HPSOR\PHQW RSSRUWXQLWLHV WR ZRPHQ LQ WKH UXUDO DUHDV DQG WKXV SUHYHQW WKHLU KHDY\ PLJUDWLRQ IURP UXUDO WR XUEDQ RU IRUHLJQ FRXQWULHV ,QFOXGH DQ DVVHVVPHQW RI WKH H[WHQW WR ZKLFK WKHLU SURJUDPV DQG RU SURMHFWV LQWHJUDWH ZRPHQ LQ WKH GHYHORSPHQW SURFHVV DQG RI WKH LPSDFW RI VDLG SURJUDPV RU SURMHFWV RQ ZRPHQ LQFOXGLQJ WKHLU LPSOLFDWLRQV RQ HQKDQFLQJ WKH VHOI UHOLDQFH RI ZRPHQ LQ LPSURYLQJ WKHLU LQFRPH (QVXUH WKH DFWLYH SDUWLFLSDWLRQ RI ZRPHQ DQG ZRPHQ¶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² :RPHQ RI OHJDO DJH UHJDUGOHVV RI FLYLO VWDWXV VKDOO KDYH WKH FDSDFLW\ WR DFW DQG HQWHU LQWR FRQWUDFWV ZKLFK VKDOO LQ HYHU\ UHVSHFW EH HTXDO WR WKDW RI PHQ XQGHU VLPLODU FLUFXPVWDQFHV 5HSXEOLF $FW 1R

SDJH


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² :RPHQ VKDOO HQMR\ HTXDO DFFHVV WR PHPEHUVKLS LQ DOO VRFLDO FLYLF DQG UHFUHDWLRQDO FOXEV FRPPLWWHHV DVVRFLDWLRQV DQG VLPLODU RWKHU RUJDQL]DWLRQV GHYRWHG WR SXEOLF SXUSRVH 7KH\ VKDOO EH HQWLWOHG WR WKH VDPH ULJKWV DQG SULYLOHJHV DFFRUGHG WR WKHLU VSRXVHV LI WKH\ EHORQJ WR WKH VDPH RUJDQL]DWLRQ 6(&7,21 $GPLVVLRQ WR 0LOLWDU\ 6FKRROV ²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² 0DUULHG SHUVRQV ZKR GHYRWH IXOO WLPH WR PDQDJLQJ WKH KRXVHKROG DQG IDPLO\ DIIDLUV VKDOO XSRQ WKH ZRUNLQJ VSRXVH¶V FRQVHQW EH HQWLWOHG WR YROXQWDU\ 3$* ,%,* 3DJWXWXOXQJDQ ,NDZ %DQJNR ,QGXVWUL\D DW *RE\HUQR *RYHUQPHQW 6HUYLFH ,QVXUDQFH 6\VWHP *6,6 RU 6RFLDO 6HFXULW\ 6\VWHP 666 FRYHUDJH WR WKH H[WHQW RI RQH KDOI ò RI WKH VDODU\ DQG FRPSHQVDWLRQ RI WKH ZRUNLQJ VSRXVH 7KH FRQWULEXWLRQV GXH WKHUHRQ VKDOO EH GHGXFWHG IURP WKH VDODU\ RI WKH ZRUNLQJ VSRXVH 7KH *6,6 RU WKH 666 DV WKH FDVH PD\ EH VKDOO LVVXH UXOHV DQG UHJXODWLRQV QHFHVVDU\ WR HIIHFWLYHO\ LPSOHPHQW WKH SURYLVLRQV RI WKLV VHFWLRQ 5HSXEOLF $FW 1R

SDJH


6(&7,21 ,PSOHPHQWLQJ 5XOHV ² 7KH 1('$ LQ FRQVXOWDWLRQ ZLWK WKH GLIIHUHQW JRYHUQPHQW DJHQFLHV FRQFHUQHG VKDOO LVVXH UXOHV DQG UHJXODWLRQV DV PD\ EH QHFHVVDU\ IRU WKH HIIHFWLYH LPSOHPHQWDWLRQ RI 6HFWLRQ DQG RI WKLV $FW ZLWKLQ VL[ PRQWKV IURP LWV HIIHFWLYLW\ 6(&7,21 &RPSOLDQFH 5HSRUW ² :LWKLQ VL[ PRQWKV IURP WKH HIIHFWLYLW\ RI WKLV $FW DQG HYHU\ VL[ PRQWKV WKHUHDIWHU DOO JRYHUQPHQW GHSDUWPHQWV LQFOXGLQJ LWV DJHQFLHV DQG LQVWUXPHQWDOLWLHV VKDOO VXEPLW D UHSRUW WR &RQJUHVV RQ WKHLU FRPSOLDQFH ZLWK WKLV $FW 6(&7,21 6HSDUDELOLW\ &ODXVH ² ,I IRU DQ\ UHDVRQ DQ\ VHFWLRQ RU SURYLVLRQ RI WKLV $FW LV GHFODUHG XQFRQVWLWXWLRQDO RU LQYDOLG WKH RWKHU VHFWLRQV RU SURYLVLRQV KHUHRI ZKLFK DUH QRW DIIHFWHG WKHUHE\ VKDOO FRQWLQXH WR EH LQ IXOO IRUFH DQG HIIHFW 6(&7,21 5HSHDOLQJ &ODXVH ² 7KH SURYLVLRQV RI 5HSXEOLF $FW 1R RWKHUZLVH NQRZQ DV WKH &LYLO &RGH RI WKH 3KLOLSSLQHV DV DPHQGHG DQG RI ([HFXWLYH 2UGHU 1R RWKHUZLVH NQRZQ DV WKH )DPLO\ &RGH RI WKH 3KLOLSSLQHV DQG DOO ODZV GHFUHHV H[HFXWLYH RUGHUV SURFODPDWLRQV UXOHV DQG UHJXODWLRQV RU SDUWV WKHUHRI LQFRQVLVWHQW KHUHZLWK DUH KHUHE\ UHSHDOHG 6(&7,21 (IIHFWLYLW\ &ODXVH ² 7KH ULJKWV RI ZRPHQ DQG DOO WKH SURYLVLRQV RI WKLV $FW VKDOO WDNH HIIHFW LPPHGLDWHO\ XSRQ LWV SXEOLFDWLRQ LQ WKH 2IILFLDO *D]HWWH RU LQ WZR QHZVSDSHU RI JHQHUDO FLUFXODWLRQ $SSURYHG

6JG 1(37$/, $ *21=$/(6 6JG 5$021 9 0,75$ 3UHVLGHQW RI WKH 6HQDWH 6SHDNHU RI WKH +RXVH RI 5HSUHVHQWDWLYHV

7KLV $FW ZKLFK LV D FRQVROLGDWLRQ RI +RXVH %LOO 1R DQG 6HQDWH %LOO 1R ZDV ILQDOO\ SDVVHG E\ WKH +RXVH RI 5HSUHVHQWDWLYHV DQG WKH 6HQDWH RQ 'HFHPEHU

6JG /25(1=2 ( /(<1(6 -5 $FWLQJ 6HFUHWDU\ RI WKH 6HQDWH +RXVH RI 5HSUHVHQWDWLYHV

6JG &$0,/2 / 6$%,2 6HFUHWDU\ *HQHUDO

$SSURYHG )HEUXDU\

5HSXEOLF $FW 1R

6JG &25$=21 & $48,12 3UHVLGHQW RI WKH 3KLOLSSLQHV

SDJH


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.