Thông tư số 90/2005/TT -BTC CIRCULAR Guidling the implementation of the Decision No. 238/2005/QD-TTg of Prime Minister dated 29 September 2005 on the percentage of participation of foreign parties in Vietnam securities market (<font color="red">Content Attached</font>)

MINISTRY OF FINANCE No: 90/2005/TT -BTC SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness Hanoi dated 17 October 2005 CIRCULAR Guidling the implementation of the Decision No. 238/2005/QD-TTg of Prime Minister dated 29 September 2005 on the percentage of participation of foreign parties in Vietnam securities market - Pursuant to the Decree No. 77/2003/ND-CP of the Government dated 1 July 2003 providing the functions, tasks, power and organizational structure of the Ministry of Finance; - Pursuant to the Decision No. 238/2005/QD-TTg of Prime Minister dated 29 September 2005 on the percentage of participation of foreign parties in Vietnam securities market; The Ministry of Finance provides guidelines for implementation of the Decision No. 238/2005/QD-TTg of Prime Minister dated 29 September 2005 as follows:: I. GENERAL PROVISION 1. Applicable entities - Foreign organizations and individuals purchasing or selling shares or bonds listed, registered for trading in the Securities Trading Centers, including entrusting to securities companies, fund management companies. - Foreign securities trading organizations making capital contribution, purchasing shares or making capital contribution to a joint venture for establishment of a securities company or a securities investment fund management company. 2. Interpretation of terms In this Circular, following terms shall be construed as follow: 2.1 Foreign organization and individual means: (a) An organization established under foreign law; (b) A foreign organization in a joint venture enterprise; 100% foreign invested enterprise established in Vietnam; (c) A foreign investment fund; (d) A foreign individual; (e) A Vietnamese residing overseas 2.2. Listed shares and shares registered for trading means shares of an issuing organization and are listed, registered for trading in Securities Trading Centers. 2.3. Listed investment fund certificates and that registered for trading mean certificates of an issuing securities investment fund and are listed, registered for trading in Securities Trading Centers. 2.4. Circulating bonds are bonds of an issuing organization and are listed, registered for trading in Securities Trading Centers.