Law of Value Paper Trade (Value Paper Act)

Date	LAW-2007-06-29-75
Ministry of	Treasury
Last modified	LO-2015 -12-04-96 from 01.01.2016
Published	In 2007 booklet 6
Istrontrecation	01.11.2007, 01.01.2008, 01.11.2008, 16.03.2009
Changing	LAW-1997--06-1979
Announcement	29.06.2007
Card title	Verdict Trade Act vphl.

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The law is set partly ikr. 1 Nov 2007, partly 1 jan 2008 ifg. res. 29 June 2007 # 752, see Section 18-1 -Jof. former law 19 June 1997 No. 79.

In short about the law :

The law's purpose is to add right for a secure, orderly and effective trade in financial instruments, it will say securities. The law applies to business in Norway, unless something else is decided.

The law is divided in six parts. Part 1 provides regulations on the purposes of the law and scope and definition of a lot of concepts. Part 2 provides general behavioural regulations and rules of meldduty, running and periodic information alike, public disclosure, and equilibrium. Further, reglr is given about the offering and voluntary offer of acquisition, prospectus of public offering and recording of shares issued that the general stock company to noting at the Oslo Stock Exchange. Part 2 is also treating self-commerce. Part 3 contains rules of value paper enterprises, herunder terms of permission and about border-sending business ; further the business of the securities enterprise and operation of a so-called multilateral trade facility. Part 4 discusses the value paper settlement, herunder general regulations, settlement central and counterbill of certain financial instruments. Part 5 provides rules on supervision and sanctions and Part 6 regulations on the Commencement and transition rules and changes in other laws.

The law replaces former law from 1997.

Capital overview :

• Part 1. Pregoal, scope and definitions (Section 1-1-2-6)
• Chapter 1. Foretarget and scope (Section 1-1-1-4)
• Chapter 2. Definitions (Section 2-1-2-6)
• Part 2. General provisions (Section Section 3-1-8-7)
• Chapter 3. General Behavioral provisions (Section 3-1-3-14a)
• Chapter 4. Meldeduty (Section 4-1-4-4)
• Chapter 5. Running and periodic information alike, released mv. (SECTION 5-1-5-14)
• Chapter 6. Offering-alike and volunteer offers at acquisition (Section 6-1-6-23)
• Chapter 7. Prospect requirements of public offerings and recordings to noting (Section 7-1-7-21)
• Chapter 8. Self-commerce (Section Section 8-1-8-7)
• Part 3. Value Paper enterprises (Section 9-1-11-4)
• Chapter 9. Permission, terms and border-sending business (Section 9-1-9-28)
• Chapter 10. Value paper enterprises business mv. (SECTION 10-1-10-20)
• Chapter 11. Drift of the multilateral trade facility (Section Section 11-1-11-4)
• Part 4. Value Paper settlement (Section 12-1-14-3)
• Chapter 12. General regulations (Section 12-1-12-4)
• Chapter 13 Central fashion parties (Section 13-1-13-6a)
• Chapter 14 The bill of certain financial instruments (Section 14-1-14-3)
• Part 5. vision, sanctions mv. (SECTION 15-1-17-5)
• Chapter 15. Access vision (Section 15-1-15 -9)
• Chapter 16 Access with value paper enterprises with the main seat of other EDS state (Section 16-1-16-3)
• Chapter 17. Sanctions (Section 17-1-17-5)
• Part 6. Ipowertrecation, transition rules and changes in other laws (Section 18-1-19-1)
• Chapter 18. Istrontrecation and transition rules (Section 18-1-18-2)
• Chapter 19. Changes in other laws (Section 19-1)
• EES deal Attachment IX # 29aa (Commission Regulation (EC) 2273/2003 of 22 December 2003 about the completion of the europe parliamentary and Council Directive 20 ...
• Chapter I. Definitions
• Chapter II. Feedback programs
• Chapter III. Stabilization of a financial instrument
• Chapter IV. End regulations

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