Amendments To The Law "on The Enterprise Register Of The Republic Of Latvia"

Original Language Title: Grozījumi likumā "Par Latvijas Republikas Uzņēmumu reģistru"

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Read the untranslated law here: https://www.vestnesis.lv/op/2016/31.5

The Saeima has adopted and the President promulgated the following laws: the amendments to the law "on enterprise register of the Republic of Latvia" make law "on the enterprise register of the Republic of Latvia (Republic of Latvia Supreme Council and Government Informant, 1990, 1991, 49 No;/28.nr.; 27, 1992, 18./19.nr.; The Saeima of the Republic of Latvia and the Cabinet of Ministers rapporteur, 1996, nr. 1; 1997, 5, no. 11; in 1998, no 1; 1999, nr. 24; 2001, no. 15; 2002, no. 23; 2003, no. 14; 2004, 4, 8, no. 22; in 2005, No 7; 2006, no. 14; 2007, nr. 24; 2008, no. 8; 2009, 3., 9., no. 22; Latvian Journal No. 183, 2010; in 2012, the No. 199; 13, 97, 228. no; 2014, 25, nr. 257.) the following amendments: 1. Express 4.2 article as follows: "article 4.2. International and national of the Republic of Latvia, the application of penalties where a person applies to the Republic of Latvia in international or national civil sanction restrictions, register of companies, public notary decides: 1) postpone the entry in the commercial register, if application is made for the company or a company in the commercial register of the European recording and its founder or member is appropriate for a limit of liability. If the company is incorporated by a single founder who is the appropriate limit, the civil register of notaries public shall take a decision on the refusal to make commercial records; 2) postpone the entry company registry log, if application is made for a cooperative society or European cooperative society recording company registry log and its founder is appropriate for civil law limit; 3) to refuse the entry of the Partnership members, if application is made for a partnership in the commercial register of the members of the recording and the person concerned is appropriate for civil law restriction, except that the membership investment (equity) share are inherited; 4) refuse to add members register partition by limited liability companies apply for registration if the application for partition, add the registry of participants the registration thing is appropriate for its members and the civil limitation, except where the share capital of the participant are inherited; 5) refuse to add members register partition by limited liability companies apply for registration if the application for partition, add the registry of participants the registration thing and the person is suitable for the civil limitation has decreased the proportion of the share capital; 6) to refuse entry of the pledge in the register of pledge registration of assignment of the claim provided registration and pledge of novation registration if the guarantor or pledge pledge is appropriate for civil workers of limitation; 7) to refuse entry in the register of matrimonial property on the new contract, if the spouse is the appropriate civil limit. " 2. transitional provisions be supplemented with 9.1 points as follows: "this law article 4.2 9.1 new (on the international and the national of the Republic of Latvia to the imposition of sanctions) enter into force simultaneously with the international and the national of the Republic of Latvia Law of sanctions." The Parliament adopted the law of 4 February 2016. The President of the Parliament instead of the President i. Mūrniec Riga 2016 February 15.