The Republic of Latvia Cabinet of Ministers Regulations No. 254 in Riga 12 June, 2001 (. No 27, 47) rules for the State funded pension scheme in accordance with the issued State funded pension law in the third paragraph of article 3, the second subparagraph of article 5, article 10, paragraph 5, first subparagraph, and the second part of article 11 and the fourth and sixth part i. General questions 1. determines: 1.1. socially insured persons registration procedures of the State funded pension scheme (the scheme);
1.2. the non-profit organization public joint stock company "State social insurance agency" (hereinafter called the Agency) and the management agreement, the content, form and procedure of conclusion;
1.3. scheme Manager of funds (hereinafter funds Manager) exchange arrangements;
1.4. the scheme members ' accounts payable procedures and Member State occupational scheme pension capital (hereinafter occupational pension funds) calculation;
1.5., arrangements of the pension funded capital costs, the end of participation in the scheme;
1.6. procedures are covered the expenditure of the Agency for the administration of the scheme;
1.7. the administration of the scheme the maximum amount of expenditure.
2. the Agency shall set the schema registration form and by the choice of management and the exchange of related sample forms.
II. the socially insured persons registration 3. All persons born after 1 July 1971 and is registered in the national retirement insurance, the Agency shall simultaneously recorded for scheme members.
4. State retirement insurance, a subject born during the period from 2 July 1951 until 1 July 1971 (including) and wishes to enroll in the voluntary scheme, the Agency recorded for participants of the scheme, on the basis of the application submitted by the person in the Agency. The person registered on the scheme member with the first date of the month following the month of receipt of the application for participation in the launch of the scheme.
5. If a person wrongfully is not registered as a member of the scheme, the Agency shall register such persons as members of the scheme with the date on which in accordance with the provisions of paragraph 3 or 4, the person had the right to become members of the scheme. In this case, the Agency shall ensure that the persons referred to the part of the State social insurance pension insurance contributions calculated in accordance with the current rate of contribution to the scheme during the period for which contributions were made to the scheme, funds are transferred to the Manager no later than five working days after the found error. 
6. a member of the scheme by registering for participation in the scheme, is entitled to this provision in paragraph 7 and 8 of the cases and the procedure for submitting the application, the Agency choose, giving management scheme funds investment plan (hereinafter plan). The investment plan is a codified set of rules set forth in the prospectus and the investment plan in accordance with the investment of the scheme.
7. Management's original choice for the provision in paragraph 3 that person performs the following: 7.1. the Agency shall, not later than 30 working days from the date of registration sends them a notification of registration for participation in the scheme and the call to choose, giving management the investment plan;
7.2. If the participant's application of the scheme at the Agency received no later than two months from this rule 7.1. referred to the date of dispatch of the notice, the members of the scheme established in the accounts of State social security contributions scheme (hereinafter contribution) the Agency shall, not later than five working days after the receipt of the application, shall be transmitted to the members of the scheme to manage the selected Manager of the funds, including the members of the scheme-specific investment plan account custodian;
7.3. If the participant's application of the scheme is not received by the agency within two months of the rules referred to in point 7.1. date of dispatch of the notice, the Member's account in a registered scheme contributions the Agency not later than five working days from the date of the deadline provided for in the relevant elapsed the application, pass in the management of the State Treasury;
7.4. If a scheme member submission at the Agency received later than two months from this rule 7.1. referred to the date of dispatch of the notice, the application to the Agency pursuant to this enforcement provision referred to in paragraph 31.
8. The provisions in paragraph 4, the following people registering for participation in the scheme, the Agency shall submit the application at the same time for the Manager's choice of the investment plan. The Agency shall, not later than 30 working days from the date of registration sends them a notification of registration for participation in the scheme and not later than five working days after the registration of the scheme member contributions accounts contributions transferred to manage schemas for the selected participants for the management, including the members of the scheme-specific investment plan account custodian.
III. Agency and contract management agency, representing the 9 members of the scheme, negotiated with the public Treasury and investment companies that are licensed by the financial and capital market Commission (hereinafter the Commission), written contracts for the management of the scheme (hereinafter referred to as the Treaty) under the terms laid down in annex. 
10. an integral part of the Treaty's annex "the prospect of the investment plan" (plan prospectus). The plan provides the prospectus schemes existing and potential participants with sufficient information on the investment plan, and it's prepared, subject to this provision 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21 and 22 of these conditions.
11. the information contained in the prospectus of the plan must be transparent. Distinguished with the title of title in accordance with the provisions of paragraph 13.
12. the plan shall be made by a prospectus cover sheet including the following: 12.1. document name: "State funded pension scheme investment plan.
(plan name) the prospectus ";
12.2. the funds Manager's name;
12.3. marks for plan approval of the prospectus by reference to the fact that this document is an annex to the agreement, contract, as well as the amendment to the agreement (if any) number, and the date and duration;
12.4. check mark on the contract, as well as the amendment to the agreement (if any) coordination with the Commission;
12.5. the name of the custodian;
12.6. indication of where and how you can get the plan prospectus and other information about the investment plan and asset manager.
13. the plan prospectus contains the following sections: 13.1. table of contents;
13.2. terms used and the abbreviation explanation;
13.3. transactions with investment funds of the plan and the investment plan and the cost of administering the summary;
13.4. investment policy and investment restrictions;
13.5. the risk;
13.6. investment plan participant rights;
8.5. investment plan administration;
13.8. investment funds of the plan and the share valuation methods and procedures;
13.9. details of taxes and duties;
13.10. the management of the members of the administrative organ (official) confirmation of the plan included in the prospectus information provided;
13.11. other information needed for the schemes existing and potential participants.
14. the plan prospectus under "business with investment funds of the plan and the investment plan and the cost of administering summary" provides information about the Media Manager, custodian, and other people from the investment plan features the maximum amount of remuneration payable and deducted, as well as for other expenses that should be borne from the investment plan features. This information is provided in the following order: 14.1. maximum payments for investment plan administration (as a percentage of the investment plan assets average value);
14.2. the remuneration for management, custodian and third parties, for which the remuneration is paid from the funds of the investment plan;
14.3. other payments (excluding the provisions referred to in paragraph 14.2.), which is paid from the funds of the investment plan, indicating what type of payment is, and include the following indication: "This information is intended to provide current and potential State funded pension scheme members a general insight into the total costs to be borne by him, directly or indirectly, participation in this investment plan".
15. the plan prospectus under "investment policy and investment restrictions" clearly and briefly (to understand existing and potential participants of the scheme): 15.1 under securities funds Manager invested or plan to invest in investment funds of the plan, and any specialty or type of investment practices (such as long-term or short-term investments, investments in Latvia and abroad);
15.2. what type of real estate funds Manager plans to invest investment funds of the plan, and what will be its future action with the real estate;
15.3. any part of the investment funds of the plan funds Manager plans to invest in term of the bank;

15.4. the region or economic sector if funds Manager plans to investment funds of the plan, the investments concentrate in a specific geographical area or economic sector, or industry group. To understand the situation, when the funds Manager 50% or more of the investment value of the plan assets invested or plan to invest in a specific geographical area or economic sector, or industry group. The name of the investment plan may not provide misleading information about the concentration of investment;
15.5. the investment plans at the expense of the means of a loan to be made, and the procedures and restrictions to make loans;
15.6. the investment restrictions.
16. Plan prospectus under "risks" revealed the main potential risk factors (economic, political, and other), which are related to investment policy, as well as provide possible risk reduction measures.
17. the plan prospectus under "investment plan participant rights" featuring diagram of rights, including the right to: 17.1. require occupational pensions transferable capital management or other investment plan;
17.2. to receive information on the investment plan, custodian and Manager of funds.
18. the plan prospectus under "investment plan administration" provides information about the Media Manager, custodian, investment plan Manager (Executive) and the investment plan of the certified auditor. This information shall be provided in accordance with established procedure, and it shall contain the following particulars: 18.1 the management: 18.1.1. Management's legal address and location of the Executive Body;
18.1.2. Management's date of incorporation, and registration number;
18.1.3. the funds management Foundation, registered and paid-up share capital;
18.1.4. the funds management Council and Board members name, education, specialty, professional biography, and participation in other companies and the investment plan of the administration of the rights and obligations;
18.1.5. investments of the plan Manager's name, education, specialty, professional biography and contribution to the administration of the plan, the rights and obligations;
18.1.6. If the investment plan Manager manages another investment plan or the public investment fund, identified in the investment plan or investment fund;
18.1.7. it means holding the shareholders ' name, surname and personal code (legal person, the name and registration number), which owns more than 10% of the company's shares or the shares of the resulting voting;
18.1.8. managing other managers investment plan in the name and a brief description;
18.1.9. management characteristics of the financial position;
18.1.10. remuneration payable to the management level, this remuneration and payment arrangements;
18.2. the custodian: 18.2.1. custodian name, founding date and the registration number;
18.2.2. custodian registered office;
18.2.3. the custodian and the Board of Governors of the first name and last name;
18.2.4. custodian description of rights and obligations in relation to the means of plan administration and record keeping;
18.2.5. the amount of remuneration payable to the custodian, the remuneration and payment arrangements;
18.3. the investment plan certified auditor: first name, last name, certificate number and work experience over the last five years.
19. the plan prospectus under "investment funds of the plan and the share value of the detection methods and procedures" provides information on the value of the investment plan and investment plan part of the value of the principles, methods and procedures and State: 19.1. investment of plan assets assessment methods and principles, including: 19.1.1. liquid assets valuation;
19.1.2. an evaluation of liquid assets;
19.1.3. real estate valuation;
19.2. for information on how often and in what way the news of the investment funds of the plan, the value and the value of the share is transferred to the public;
19.3. the order in which the investment plan earnings are reinvested.
20. the plan prospectus under "information about the taxes and fees" provides information about the taxes and fees that would be paid from the funds of the investment plan and the investment plan participants the applicable tax and payment of fees and the procedure.
21. the plan prospectus under "management of the members of the administrative organ (official) confirmation of plan information included in the prospectus provided" the management members of the administrative organ (officials) give such approval: "we confirm that the information provided in this prospectus is true and that is not a hidden fact that might harm the State funded pension schemes existing and potential participants ' interest" and confirm it with the signature, specifying the signature code and job title.
22. the plan prospectus may also include other information which, in the opinion of management, necessary schemes for existing and potential members.
23. the Agency and the funds Manager may agree on procedures for the settlement of the costs that are not covered by the plan and therefore not specified in the plan prospectus, as well as other costs related issues, if they affect only the Agency and management relations, but without prejudice to the interests of the participants of the scheme, including, for example, on: 23.1. charging and splitting the Agency and among management cases If a specific fee for additional services that the Agency and funds Manager can provide the members of the scheme (for example, funds management and investment plans, in addition to the change to the limit laid down for the provision of information by Member request);
23.2. the compensation of the management agency to cover the additional expenses in cases where the Agency and funds Manager in accordance with the contract agree on any additional management information or additional service assurance scheme members with the Agency.
24. the agreement on the rules referred to in paragraph 23 of the fees and expenses of the Agency and funds Manager switch as an integral part of the agreement the "agreement on the cost recovery order".
25. an integral part of the Treaty's annex "of the procedure for the exchange of information," in which the Agency and funds Manager States: 25.1. types (form) in which between the Contracting Parties will be the exchange of information;
25.2. līgumslēdzējpuš addresses and properties for each of the forms of transmission of information (Forms);
25.3. the conditions under which one party information deemed properly sent (delivered) to the other party, in particular the conditions for sending and receiving messages for the appointment of the trustee, and the extent of the Agency's orders, as well as on the management and the amount of money transfer to the following account of the Agency.
26. the decision on the conclusion of the contract with each of management, any amendments in the contract, as well as the termination of the contract shall adopt the Agency's Executive Board, subject to the following conditions regarding the custodian contract: 26.1. prior to the conclusion of the contract funds Manager has entered into custody agreement where additional custodian contract requirements of the Cabinet of Ministers regulations on the functioning of the Treasury State funded pension scheme in the management of funds (for the Treasury) or the law "on investment firms" (with respect to investment firms) is also a custodian responsibilities: 26.1.1. to cooperate with the Agency and its appointed auditors, sworn upon request by the Agency to provide extracts from accounts management in connection with the management of the funds of the scheme, but the Agency's appointed sworn auditors (management review) to make available all the documents on the management of the funds of the scheme, which is the custodian;
26.1.2. quickly as possible, but not later than the next working day to report to the Agency in writing of any management action that violated requirements of the laws and schemes in the field of management or which are contrary to sealed custody agreement;
26.1.3. If the Commission has management concerned has withdrawn the special permission (license) of the investment firm or the special permission (license) to manage the funds of the scheme or have stopped such permission (license) to execute the orders of the Agency for the management of existing schemes to manage the transfer of funds to another management;
26.2. one custodian with a copy of the contract funds Manager has submitted to the Agency. 
27. with regard to contracts, amendment or termination of the Commission duly licensed investment firms, the investment firm, the Agency and the Commission shall comply with the following procedure:

27.1. after receipt of the application of the investment firm, the Agency prepared and coordinated with the investment firm the contract or contract amendment;
16.9. If one of the Contracting Parties on their own initiative wants to amend or terminate the contract, it shall prepare and send to the other party to the contract amendment to the project;
27.3. This provision and in 27.2 27.1. these cases the Agency and investment company each other's proposals, submitted documents and projects should be examined as quickly as possible, but no later than five working days after receiving them;
27.4. no later than five working days following this rule 27.1 and 27.2. referred to in the contract or contract amendment with the investment firm of harmonization, the Agency shall send to the Commission for reconciliation documents (materials) related to contract conclusion, amendment or termination;
27.5. If this rule 27.3. the order referred to in the Agency and the investment firm 20 working days of the contract or contracts between the draft amendments are not pursued, each shall be entitled to apply to the Commission to request the Commission's competence to give an opinion on this provision and 27.1 27.2. documents referred to;
17.1. in matters within their competence, the Commission shall consider the received documents (materials) and not later than 15 working days after receiving them: 27.6.1. This provision 27.4. in the case referred to in subparagraph shall send the Agency a notice of contract termination, alteration or harmonisation, or the reasoned report relating to the reconciliation of the refusal;
27.6.2. these provisions 17.1. in the case referred to in subparagraph shall send to the Agency and the investment firm of a Commission opinion on the draft submitted to the compliance with the requirements of the law;
17.2. the Agency shall, not later than 10 working days after this provision 27.6.1. communication from the Commission referred to the appearance issue of receipt of Board meeting and shall take a decision on the conclusion of the contract, amendment, termination, or refusal to do so.
28. the Agency is not entitled to refuse unreasonable and to conclude a contract or contract amendments (if any) on the management of the funds of the scheme have been met all legal requirements relating to the management and to the conclusion of the contract procedure.
29. to scheme members can exercise their statutory right to choose freely and change management, the responsibility of the Agency in the interests of the participants of the scheme is to promote fair competition management, ensuring the Agency's equal (equal) treatment and claims against all managers (including contract with potential managers of funds closing process). The Agency shall ensure that each branch of the Agency for any member of the scheme after it has a chance to check out the request with this provision the information referred to in paragraph 30, as well as with the report on the operation of the scheme. The Agency, its officers and employees are prohibited from expressing scheme members and third parties any recommendations, opinions, recommendations concerning any transaction management, its possible advantages or disadvantages, as well as prohibited from taking any other action that is or could be in conflict with the management principle of fair competition. 
30. to ensure that scheme members with the information necessary for the decision on the selection and management of Exchange acceptance, the agreement stipulated that each funds Manager shall prepare and submit to the Agency all its management: 30.1. existing investment plans prospectus;
30.2. the recent annual and quarterly reports on funded pension capital management, prepared according to the requirements defined by the Commission;
30.3. the reports of all the features of the Manager's investment plan last quarter's results, which include the following information: 30.3.1. features of the Manager's name, registered office and the name of the investment plan;
30.3.2. brief description of the investment policy;
30.3.3. investment plan part of value (expressed in dollars) at the beginning and end of the quarter and value changes (increase or decrease) the quarterly, half-year report and the last 12 months, as well as from the commencement of operations of the investment plan (expressed as a percentage);
30.3.4. investment plan in the total amount of funds (expressed in dollars) at the beginning and end of the quarter;
30.3.5. investment plan result comparison with industry average results and other relevant investment plan corresponding comparative indicators (such as financial market indexes);
30.3.6. review of the quarterly results of the analytical review, stating the reasons why the results differ from the industry average and other appropriate investment plan corresponding comparative indicators;
30.3.7. Management's assessment of the investment plan for the ongoing financial market developments in the near future and their potential impact on the results of the investment plan in the coming quarters;
30.3.8. investment portfolio composition (in percentage) at the end of the reporting quarter after asset types and geographical distribution of the investment if it is invested outside Latvia;
30.3.9. investment portfolio the 10 largest investments (expressed as percentages) as at the end of the reporting quarter;
30.3.10. management costs that are paid from the assets of the investment plan;
30.3.11. the funds Manager report can also include other relevant information you need to know the members of the investment plan, to be able to objectively assess possible investment plan quarterly results;
30.3.12. the funds Manager report can also include a variety of technical information (such as where and how to find additional information on the management or investment plan).
IV. change management 31. Scheme member is entitled, by submitting the application, the Agency membership scheme at the time of the change of management, not more than once a calendar year as well as this rule 32, 33 and 34 in the cases referred to in point. 
32. If the Commission decides to withdraw the management of special permission (license) of the investment firm or the special permission (license) to manage the funds of the scheme or suspend the licence of the following: 32.1. Agency orders all the management in all investment plans in the management of existing schemes, transfer of funds or the Treasury (after consulting the Commission) other funds Manager;
32.2. the cancellation of the license or license suspension date to the date on which the Agency has transferred the funds to other funds Manager, the management of the scheme is the responsibility of the custodian pursuant to the law "on investment firms" in article 16, first, third and fourth parts of the procedures;
32.3. this rule 32.1. in the case referred to in subparagraph the Agency not later than five working days after the transfer of funds to other funds Manager sends out those scheme members that occupational pension capital Manager licence has been withdrawn or is stopped, notifications with the information about the withdrawal of the licence or its suspension earlier selected for management schemes for the transfer of funds in the management of other funds Manager and invitation to choose a management , indicating the investment plan.
33. If the funds Manager he wants to fully withdraw from the management of the scheme shall comply with the following procedure: 33.1. funds manager not later than four months before the termination of the Administration want to make an appropriate application to the Agency and the Commission;
33.2. If, due to the refusal of the management scheme of the management of the Commission decides to revoke the license issued to the management or to stop their activities, the agency managing the management schema means transfer of funds Manager does this provision set out in paragraph 32 of order;
33.3. If, within 15 working days of the Agency has not received notice from the Commission that this provision has timed 33.2. case, referred to the Agency no later than 20 working days following this rule 33.1. receipt of the application referred to in paragraph shall be sent to the members of the scheme, which they funded pension capital manages the funds Manager, communication on the management of occupational pension waivers to continue the administration of the relevant capital investment plans and invitations to select another management.
34. In the case of the members of the selected schema management reorganisation (joining another company, other companies or other reorganization): 34.1. the funds Manager no later than five working days after the reorganization of the registration in the register of companies (commercial register) shall notify the Commission and the Agency for the reorganisation and submit the supporting documents within the Agency;

21.3. the Agency shall, not later than five working days following this rule 34.1. the notification referred to in paragraph shall they scheme members that occupational pension funds managed by the reorganized, the funds Manager statement on reorganisation and for the right to choose other products.
35. The members of the occupational pension scheme in the capital where an application for a manager's choice voluntarily submitted to the Agency no later than two months from this rule, or 32.3 33.3.21.3. notification referred to the date of dispatch, the Agency shall, not later than 15 working days after the date of receipt of the application, shall be transmitted to the members of the scheme to manage the selected management, including participants of the scheme in a specified investment plan account custodian.
36. The members of the occupational pension scheme in the capital where an application for a manager's choice to not submit to the agency within two months of that provision, or 32.3 33.3. referred to in paragraph 34.2. date of dispatch of the notice: 36.1.32. these provisions in the case referred to in paragraph 1 continue to manage this funds Manager that this rule 32.1. in the case referred to in subparagraph and in the order established by the Agency;
36.2. the rules referred to in paragraph 33 of the case, the Agency shall, not later than 15 working days from the date of the relevant application elapsed for submission deadline, served in the Treasury or manage (after consulting the Commission) other management, including investment plan account custodian;
36.3. in paragraph 34 of these rules in the case continues to manage the restructured funds Manager in accordance with the existing investment plans.
37. If a scheme member's request for the Manager's choice received later than two months from this rule, or 32.3 33.3. referred to in paragraph 34.2. date of dispatch of the notice, the application to the Executive Agency, subject to the provisions referred to in paragraph 31.
38. Notes the provisions of scheme participants 7.1.,.,., or 32.3 33.3 21.3. in the cases referred to in the Agency also indicates all the managers of funds that the notice on the date of the preparation of the scheme member has the right to choose, as well as all the investment plans, which can happen in the management of the scheme.
V. Member accounts payable and capital calculation of the pension arrangements 39. Worker's payments scheme is registered in the account of a participant: 24.3. on the basis of the employer's report on mandatory contributions from employees ' earned income for the reference month (month for which due to make payments) and the news of workers;
24.4. within 15 working days from the date of the employer State revenue service shall submit the rule 39.1. the report referred to which are specified in the worker's job and income payments reviewed per month, but no later than 70 working days from the date of the employer in the State revenue service submitted a report for the reporting month.
40. The self-employed, domestic workers at the employer's alien and foreign workers at the employer's mandatory contributions aliens scheme member is registered in the account: 24.9. based on the self-employed, domestic workers at the employer's alien and foreign workers at the employer's alien's report on mandatory contributions reporting quarter (quarter, for which due to make payments) and the State revenue service made for mandatory contributions;
40.2. not later than 35 working days from the date of the self-employed, domestic workers at the employer's alien and foreign workers at the employer's alien's State revenue service shall submit the rule 24.9. referred to in the report on the review quarter.
41. From the State budget and from the State social insurance special budget to socially insured persons payments scheme is registered in the account of a participant: 25.5. on the basis of the list submitted by the Ministry, for which the reference month to payments from the State budget, as well as to existing information held by the Agency on the relevant benefits, pensions and compensation granted for the reference month;
41.2. not later than 30 days after the last day of the month in respect of which the corresponding Ministry Agency presented this rule 41.1. the list referred to in point a;
41.3. not later than 30 days after the last day of the month in which the relevant allowances, allocated pensions and compensation.
42. Persons payments scheme member's account to which the certificate authorities, Prosecutor's Office or court illegal or unjustified action has suffered losses, are recorded: 42.1. on the basis of the Ministry of Justice or the Prosecutor General's Office report on mandatory contributions for people with cognitive, Prosecutor's Office or court authority, illegal or unreasonable behaviour have suffered loss;
26.2. not later than 15 working days from the date on which the Ministry of Justice or the Prosecutor General's Office in the Agency presented this rule 42.1. the report referred to in the reference month.
43. A person's contributions to the scheme member's account, which joined the national voluntary social insurance, are recorded: 43.1. based on the account statement on voluntary contributions made;
43.2. not later than 15 working days from the date the Agency received this rule 43.1. account statement referred to.
44. After the registration of the scheme member contributions accounts and based on the participants ' choice of management, as well as in cases when the Agency adopted a decision on the transfer of funds in the National Treasury or manage (after consulting the Commission) other funds Manager, the Agency shall, not later than within five working days of contributions paid in accordance with the investment plan account custodian.
45. in order to ensure the administration of the scheme, the investment plan is expressed in the investment plan. Part of the investment plan is a plan of investment funds unit, which uses the means of plan investment accounting and transactions with these features. Part of the investment plan are not securities.
46. part of the investment plan value is determined, subject to the following conditions: 46.1. each working days at the end of a specified time, indicated a prospectus of the investment plan (hereinafter referred to as the moment of calculation), funds Manager calculates the value of the investment plan and investment plan part of the value;
46.2. the value of the part of the investment plan is the ratio between the value of the investment plan to the moment of calculation and to calculate the moment part of registered investment plan;
46.3. the features of the investment plan is part of the scheme that is managed in accordance with a defined investment plan of management separately from other assets and the rest of the investment plan. The value of the investment plan is the means of plan assets and liabilities values difference;
46.4. the investment funds of the plan value is expressed in dollars with an accuracy of not less than four decimal places and is calculated according to the existing laws and the investment plan of the prospectus rules of the investment plan of the evaluation of assets and liabilities. Part of the investment plan value plan start at the moment is one lats;
46.5. the value of the part of the investment plan is used in calculating the part of the investment plan and delete that is carried out in the period from the last calculation to calculate the next moment (hereinafter calculation period). 
47. Investment Plan shall be calculated, subject to the following conditions: 29.3. new investment plan part of the calculation, funds Manager funds credited to the account of the Agency's investment plan account custodian, making some parts of the investment plan (hereinafter referred to as the jaunaprēķināt part of the investment plan);
47.2. jaunaprēķināt investment plan is part of the relationship between the Agency's account in one calculation period included in the features and value of the part of the investment plan of the respective calculation period;
47.3. investment plan part number is calculated with an accuracy of not less than four decimal places.
48. delete part of the investment plan, subject to the following conditions: 29.9. investment plan part of funds Manager deletes from the Agency's written order for erasing parts of the investment plan with indication of that part of the investment plan (hereinafter referred to as the investment plan). In this case, the funds Manager calculates the dzēšamaj investment plan part according to the amount of money and transferred it to the account of the Agency (hereinafter referred to as the amount payable);
48.2. amount is transferred from the Agency in one calculation period received orders or orders specified that part of the investment plan of the number multiplied by the value of the part of the investment plan for a given calculation period;

48.3. payable amounts funds Manager transferred to the account of the Agency not later than three working days after the erase part of the investment plan of the receipt of the order, except that rule 48.4. the cases referred to in paragraph;
30.1. If agency management through a single order or multiple orders, but one working day at the time of the request to stop the funds management, the value of which exceeds 5% of the investment plan of the resources values, or with two or more orders, but one week request to stop the funds management, the value of which exceeds 15% of the total investment of the plan concerned the resources values , funds Manager is entitled to a portion of funds exceeding the percentage, specified by the Agency to transfer the account not later than 10 working days after the receipt of an order of the Agency. The funds Manager as soon as possible, but no later than three working days shall inform the Agency of its order execution time limits expected;
30.1. the Agency previously submitted orders for erasing parts of the investment plan of withdrawal is possible if the funds Manager has not started yet, as well as the enforcement agency and Media Manager by mutual consent. If the funds Manager has just launched the order and withdrawal of investment funds of the plan reduces the value or causing injury management, such losses shall be borne by the Agency. 
49. the part of the investment plan in the registry, under the following conditions: 30.5. funds Manager shall establish and maintain a register part of the investment plan, which are all registered and any transactions with the investment plan (part of the calculation, the calculation of new parts and delete the parts). The registry form and procedure for maintenance is determined in the contract;
30.6. jaunaprēķināt investment plan part of the recorded part of the investment plan in the registry at the latest by the time of calculation, the calculation period in which the funds are credited to the investment account custodian of the plan;
30.6. not later than the working day following the jaunaprēķināt part of the investment plan registration funds Manager sends a confirmation to the agency that represents the amount of money received, the date of the transfer, the number of registered shares, the date and time of registration, as well as used in the calculation of the value of the part of the investment plan;
49. erase part of the investment plan of the recorded part of the investment plan in the registry at the latest by the time of calculation, the calculation period in which the Agency received the order on the part of the investment plan the deletion;
30.8. not later than the working day following the deletion of part of the investment plan registration funds Manager sends a confirmation to the agency that represents the order of investment plan part of the deletion date and time, the deleted parts of the investment plan, the used value of the part of the investment plan, part of the investment plan of the deletion date and time, as well as the amount of money transferred to the Agency;
30.8. the Agency shall set up and maintain the entire investment plan part of the registers in which, on the basis of approvals received from managers of funds after their verification and comparison with the information available to the Agency, are recorded in the data on transactions with the investment plan;
49.7. Agency and funds Manager compares the regular investment plan part of the registry data, as well as quickly as possible, but not later than 10 working days to investigate and solve all the open inconsistencies;
49.8. This provision by 30.6. approval referred to in the receipt and recording of part of the investment plan in the registry agency distributes the jaunaprēķināt part of the investment plan of the members of the scheme and the scheme members are recorded in its accounts. Jaunaprēķināt investment plan part is added to the Member's account in the scheme previously registered investment plan;
31.0. scheme member nodded the investment plan part number is calculated in proportion to the Member part of the scheme means acquiescence in the amount of funds in the calculation of the period concerned was transferred to the management and the new investment will be used for the calculation of part of the plan;
49.10. After this provision. the approval referred to in paragraph 30.8 and the receipt of the amount payable, the Agency recorded erase part of the investment plan of part of the investment plan in the registry and deletes (written off) part of the investment plan of the scheme members ' accounts;
49.11. investment plan part number part of the investment plan of the Agency in the register at the end of each working day coincides with parts of the investment plan of the scheme member accounts. The Agency regularly compare the investment plan part of the registry data with a scheme participant account data as well as quickly as possible, but no later than ten working days, and eliminates all open to investigate discrepancies.
50. the funds Manager has the obligation to pay damages, which the management, its employees or officials, breach of contract, damage to the scheme members. In such cases, the loss of the amount to be repaid to the Agency, the Agency distributed to participants in the scheme accounts for the loss suffered, and then transferred to the accounts of the relevant investment plan is part of the new investment plan. Jaunaprēķināt part of the investment plan are recorded in the accounts of the participants in the scheme of the provisions in this paragraph 49.
51. These rules in a particular part of the investment plan, calculating and recording the deletion procedure is complete. Not allowed any other actions that change the parts of the investment plan, except in the legislation that the reorganization of the investment plan.
52. If the law cases: 52.1. decreases in contributions to the object from which the calculated contributions to the Agency in the management of the funds has delegated manager, the agency within five working days after the receipt of the information resources manager shall give the order for the relevant parts of the investment plan of the deletion and the transfer of the amount of money the State pension special budget;
52.2. the increased contributions to the object from which the calculated contributions to the Agency in the management of the funds has delegated manager, the Agency transferred the relevant contributions to the management in accordance with the provisions of paragraph 44.
53. the members of the occupational pension Scheme in the capital (a member of the scheme in the schemes share his assent) may be passed in the Administration and management in this case expressed in parts of the investment plan or counted in the Agency's account (change management, public old-age pension (old age pension) or for requesting the Member's death) and in this case, expressed in LCY.
54. the Agency shall ensure that occupational pension capital, expressed in fractions of the investment plan, any time can be expressed in dollars. Funded pension capital value in LCY calculated as a participant's account of the scheme established in the investment plan part number multiplied by the value of the part of the investment plan for a given calculation period.
55. in order to determine the capital value of the pension funded, funds Manager once a working day shall provide the Agency with information about its investment plan in the management part. 
56. the Agency for each scheme member provides such information tracking diagrams member account: 56.1. information that allows to identify the members of the scheme (ID code (persons without a personal code, other identification number), first name and last name, date of birth and home address);
56.2. presence information schema (the date when you started the membership scheme, and the selected management and investment plan name, the date you terminate participation in the scheme, and the chosen occupational pension cost of capital);
56.3. information on instalments (object, the scheme of contributions made to the contribution rate, the contributions made to the diagram and the date when they are established members of the scheme);
56.4. information on the Agency's administration of the scheme (the scheme applied to the members of the expenditure of the Agency for the administration of the scheme, the type of expenditure, the rate and the date on which the said expenses are deducted);
56.5. information on the transfer of contributions funds Manager (the date when the contributions remitted funds Manager, the jaunaprēķināt part of the investment plan and investment plan part value);
56.6. information on such transactions with occupational pensions occupational pensions capital: capital transfer of funds in the case of a change of operator, the old-age pension scheme member's request or in the event of death (separately for each transaction, transaction type, date, management and investment of the plan name, calculated or the deleted parts of the investment plan, part of the investment plan and the pension funded capital).
57. the Agency, each Member of the scheme provides the following information:

57.1. not later than seven months after the end of the calendar year — account statement for the year: 57.1.1. Management and investment plan, a member of the scheme name of the account registered investment plan part number and value, as well as occupational pension capital at the beginning of the year;
57.1.2. information about the scheme during the year in instalments (contributions paid into the scheme and the date on which they are registered members of the scheme);
57.1.3. information on the Agency's administration of the scheme (the scheme applied to the members of the expenditure of the Agency for the administration of the scheme, the type of expenditure, the rate and the date on which the said expenses are deducted);
57.1.4. information about schema transfer of funds management (date when the scheme funds transferred to the management of the investment plan part jaunaprēķināt and part of the investment plan);
57.1.5. information about 56.6. these provisions referred to transactions with occupational pension capital (type, date of transaction, management and investment of the plan name, calculated or the deleted parts of the investment plan, part of the investment plan and the pension funded capital);
57.1.6. the funds management and investment plan, a member of the scheme name of the account registered investment plan part number and value, as well as occupational pension capital at the end of the year;
57.2. within five working days after this provision the transaction referred to 56.6. with the conclusion of the funded pension capital-account statement for every occupational pension capital transaction, indicating the transaction's start and end dates, and investment management plan name, part of the investment plan and calculated of values or delete the parts of the investment plan, as well as occupational pension funds each at the beginning and end of the transaction;
57.3. the request of the members of the scheme after a maximum period of five working days of receipt of the request, the Member account statement for the selected period of time, but not more than for the last 12 months, indicating that rule 57.1. the information referred to in point.
58. This provision of the information referred to in paragraph 57, the agency sent by post to the address of the members of the scheme, but the scheme members are entitled to specify a different address, as well as choose other means of receipt of that information to the agency or to opt out of the receipt of the information by submitting the submissions to the Agency. To this rule 57.1. the communication of the information referred to in the application of the scheme members must be submitted to the Agency on 1 April.
Vi. Funded pension capital costs, the end of membership in the scheme After scheme member 59. application for old age pension or the death of the participant's receipt, the Agency shall, not later than five working days in order for management to set off the occupational pension scheme member's capital account specified by the Agency.
60. After the management received the approval of the rules referred to in paragraph 59 of the task and the relevant information is recorded in the account of a participant of the scheme, but not later than this rule 57.2. the time limit referred to in subparagraph together with the announcement of the deal with occupational pension scheme of the capital, the Agency shall transmit information on members of the estimated amount of the old-age pension scheme by a member could get, given the unfunded retirement capital in accordance with the law "on State pensions" , the estimated amount of retirement pension that a member of the scheme could receive by choosing occupational pension funds add to the unfunded pension funds, and the expected monthly cost, which at the current occupational retirement capital the size of age can receive from insurance companies, if selected for occupational pension funds to buy life insurance (lifetime pensions) policy. At the same time, the Agency shall ensure the scheme member with General information about the order in which the members of the scheme can buy this policy. 
61. If a scheme member who applied for the old age pension, occupational pension funds choose to add the unfunded pension funds, the Agency shall ensure the appropriate amount of money transfers to the State pension special budget and the calculation of old-age pensions under the law "on State pensions".
62. If a scheme member who applied for the old age pension, occupational pension check for capital to buy life insurance (lifetime pensions) policy: 62.1. Member of the scheme apply to the selected life insurance society (the society), which after the insurance conditions are drawn up in life insurance (lifetime pensions) project, with their signatures attest to the scheme and the insurance company. Then a member of the scheme of the draft Treaty submitted to the Agency;
62.2. the Agency shall, not later than 10 working days after this rule 62.1. the contract referred to in the receipt of the draft concluded life insurance (lifetime pensions) contract with the scheme member's chosen life insurance company, a member of the scheme and sent to the insurance company by one copy of the said agreement, as well as the transfer of occupational pension scheme of the members of the respective capital life insurance company;
If the scheme participant 38.7. after consultation with the insurance companies, however, chooses a pension funded capital add the unfunded pension capital and provide the agency or the relevant application within six months after the application for the granting of old-age pensions has not communicated to the Agency of your choice for a specific life insurance society, which is to be considered as occupational pension funds choose to add the unfunded pension funds, the Agency was acting in accordance with the provisions of paragraph 61.
63. the Agency with insurance companies that are licensed in accordance with the procedure laid down in life insurance (lifetime pensions) offering and benefit scheme for members, for the implementation contract, which determines the life insurance (lifetime pensions) policy acquisition procedures and mutual exchange of information procedures, including procedures for the Agency calculates that rule 60, paragraph projected monthly costs, which at the current size of the pension capital of the concerned age can receive from insurance companies If you select on occupational pension funds to buy life insurance (lifetime pensions) policy. Agency and life insurance company in addition to the agreement may include other terms.
64. The contract with the potential closure of life insurance companies and enforcement proceedings, the Agency in the interests of the participants of the scheme ensure equal treatment and (equal) requirements for all life insurance companies. The Agency, its officers and employees are prohibited from expressing scheme members and third parties any recommendations, opinions, recommendations with respect to any insurance company, its possible advantages or disadvantages, as well as prohibited from taking any other action that is or could be in conflict with the insurance company fair competition principles. 
65. the members of the scheme in the event of the death of the Agency after the management received the approval of the rules referred to in paragraph 59 of the task and the relevant information is recorded in the account of the participant, the scheme shall ensure the appropriate amount of money transfers to the State pension special budget and take it into account in the calculation of the survivor's pension in accordance with the law "on State pensions", which the State pension special budget in the occupational pensions entered capital is considered an occupational pension scheme of the members of the capital at the time of death.
66. If a scheme member contributions for the period up to the date of the application for the pension is established by the granting of a pension application submission, they are taken into account in calculating the pension of unfunded capital.
VII. Procedures are covered the expenditure of the Agency for the administration of the scheme and the administration of the scheme, the maximum level of expenditure 67. The expenditure of the Agency for the administration of the scheme are covered from the deductions that the Agency collects from the scheme member contributions. 
68. the maximum deduction amount shall not exceed 2.5% of each Member's annual contributions to the scheme.
VIII. Closing questions 69. All persons born after July 1, 1971 and on July 1, 2001, are subject to state pension insurance, the Agency shall, on the basis of the information in its possession about the person, registered for the scheme members by July 1, 2001.

70. To 2002 October 15, the Agency sends out to all registered participants of the scheme a statement that, from 1 January 2003, in addition to the Treasury starts other fund managers, showing them who until 2002 October 1 is licensed to manage the funds of the scheme and that the Agency has concluded the contract, as well as all the investment plans, which can happen in the management of the scheme. The notice indicates that the scheme members have the right to change the features of the Manager, indicating the investment plan. Submissions from those scheme members by 1 January 2003 want to change management, implementation agency, subject to this provision, paragraph 31 and 35 of these conditions.
71. with regard to the State which are not suitable for this rule 12.4, 18.1.3.,.,., 18.1.4 18.1.7 18.1.9. and section 26.1.3., as well as the provisions of this annex 3.4, 3.5.1., 7., and 18.4 points. The Agency and the Treasury disputes about contracts the Minister of finance and the appearance of Welfare Minister.
72.6, 7, 8, 31, 32, 33, 34, 35, 36 and 37 and annex these provisions 2.4.3. and 3.4 shall enter into force by 1 January 2003. Until 1 January 2003 the Agency these rules 3 and 4 of the scheme mentioned in paragraph participants no later than 30 working days after registering for participation in the scheme shall send the notification.
73. If the object of contribution, the maximum level reached before 31 December 2001, the scheme member contributions account is registered not later than 15 working days from the date of conversion contributions.
74. in paragraph 44, the rules shall enter into force by 1 January 2003. Until 2002 December 31, 2004, the Agency shall, not later than five working days after the registration of the scheme member contributions accounts transferred its treasury account custodian.
75. Rules 57.3 and subparagraph 49.11. shall enter into force on January 1, 2002.
76. paragraph 67 of the rules shall enter into force by January 1, 2004. 2003 December 31, the expenditure of the Agency for the administration of the scheme are covered from State pension special budget. 
77. point 3.1 of the annex of the rules will enter into force by 1 January 2003. Until 1 January 2003 the management of the funds or any part of it, which it manages in accordance with the Treaty, allowed to invest in accordance with the investment plan the terms of the prospectus. 
78. The rule 3.3 of the annex shall enter into force by 1 January 2003. Until 1 January 2003 the funds Manager, subject to the provisions of the prospectus, the plan has the right, at its sole discretion, to choose freely and change your means or any parts thereof-type, terms and other conditions. 
79. the provision in paragraph 5.9 of the annex shall enter into force by 1 January 2003. Until 1 January 2003, where changes to the plan prospectus under "investment plan administration" includes information about the Media Manager or a custodian, no later than five working days after the change of management will inform the Agency in writing and submitted to the Agency in the relevant prospectus, plan modifications or additions, or new version.
80. the provisions of annex 14.1.2. the deadline laid down by which the funds Manager in the Agency shall be submitted quarterly and annual reports on occupational pension funds management, shall enter into force by 1 January 2003. Until 1 January 2003 a quarterly management reports on funded pension capital management shall submit to the Agency not later than fifteen working days after the end of the reporting quarter, but audited annual reports on funded pension capital management — not later than two months after the audit.
81. Annex 14.1.3. Provisions of the deadline laid down by which the funds Manager shall submit to the agency reports on investment plans quarterly results, enter into force by 1 January 2003. Until 1 January 2003 the funds Manager reports on investment plans quarterly results drawn up according to the provisions in these 30.3 requirements submitted to the Agency not later than twenty working days after the end of the reporting quarter.
82. The provisions of paragraph 19.3 of the annex shall enter into force by 1 January 2003.
83. the rules shall enter into force by 1 July 2001.
Prime Minister a. SMITH financial Minister g. SMITH rules enter into force by 1 July 2001.
 
Annex a Cabinet of 12 June 2001, regulations no 254 of the TREATY State funded pension scheme management in Riga. … ….
(date)
 
Non-profit organisation State joint stock company "State social insurance agency", registered with the register of enterprises 1998 January 8, registration No. 000337393, registered office in Riga, lacplesa Street 70 (further – the Agency), on behalf of which, in accordance with the Cabinet of Ministers of 23 December 1997, the Regulation No. 436 "non-profit State joint stock company" State social insurance agency "Statute" Act-General.............., ID code … …. on the one hand, and … … … … … … … … …., legal address … … … ….  (hereinafter the funds Manager), which under the name of … … … … … … … … … … … … … … … … … … … … …. … …. …. …. …. …. …., ID code … … …. …., of the other part, hereinafter referred to as the parties, on the basis of the State funded pension law article 10, first paragraph, point 3 and the Cabinet of Ministers of 12 June 2001 No. 254 of the rules "rules for the State funded pension scheme" concluded such an agreement on the State funded pension scheme (hereinafter referred to as the scheme) the management of the funds (hereinafter the agreement).
1. Subject of the contract the Agency instructs, and funds Manager, starting with 20 ... years.............., as a caring landlord to make schema-the contribution of funds, future fruit and other assets (hereinafter referred to as products) — management according to the law, other legislation and the provisions of this agreement as, supposedly, where appropriate, select and deal with members of the scheme and other fund managers that have the same level of knowledge and skills, as well as being available for the same information what circumstances, are available to management tools (any part of it) to manage in the long run make the most advantageous — saving capital and through potentially larger fruit.
The Agency is not obligated to provide any specific amount of money or any other transfer of property management in specific terms, and funds Manager is not entitled, on the basis of the contract, request it from the Agency.
2. The period of validity of the contract 2.1. the contract shall enter into force on the date of its signature and shall be in force until 20 ... years..................... " (including).
2.2. If not less than 45 days before the expiry of one of the parties does not warn in writing the other party of the termination of the contract, the contract is extended to the next … … years.
2.3. the contract period ends will not be released from their management duties properly, which it entered into in accordance with the Treaty.
2.4. The Treaty before the deadline can end: 2.4.1. by written agreement of the parties;
2.4.2. upon the initiative of the management for not less than four months in advance of the written notice to the Agency;
2.4.3. If the financial and capital market Commission (hereinafter the Commission) voided the special management permit (license) for the operation of the investment company or the special permission (license) to manage the funds of the scheme.
3. the provisions of the investment funds Manager 3.1 features or any part of it, which it manages in accordance with this agreement, authorized to invest under the existing legislation, the Commission issued the funds of the scheme-terms and conditions of the prospectus of the investment plan. 
3.2. the Agency instructs and funds Manager assume investment management and take … …. ( ....... ) investment plans, each investment plan separately from other assets and one specific investment policies according to the annexes of this agreement No 1a, 1b, 1 c (investment plans prospectus). Investment plans prospectus (annex No 1a, 1b, 1 c) is form an integral part of this agreement.
3.3. Management, pursuant to the existing legislation, the Commission could fund to the scheme rules and prospectus of the investment plan conditions, have the right at its discretion to choose and change your means or any parts thereof-type, terms and other conditions. 
3.4. The funds Manager has the right to develop and offer new Features and manage-conditions which will be valid from the day when they agreed to the Commission amendments to this agreement, a new investment plan Prospectus – will be presented as form an integral part of this Agreement-annex 1 d, 1e, # 1f. 3.5. Carrying out transactions with funds or any part thereof, means a Manager banned: 3.5.1. to conduct transactions in which funds Manager or it staff as authorized persons (Governors at the same time, the Deputy Representative transaction) the other party;

3.5.2. manage funds transferred under the agreement, which lifted more than five working days;
3.5.3. make it difficult to manage resources, ensuring your or any third parties ' obligations;
3.5.4. collecting existing features or any part of the deposit term in favour of any third parties;
3.5.5. the management of the funds placed or any part of it to lend to the Agency.
4. the funds management termination 4.1 the Agency is entitled to request in writing to terminate the management of funds, or any parts thereof, and give an order in writing to the funds Manager transfers the funds or any part thereof to the account designated by the Agency. The order of this agency compliance with the requirements of the laws is the responsibility of the Agency.
4.2. the Agency's order management for management and the transfer of funds to the account of the Agency must comply no later than three working days from the date of receipt of the order, with the exception of the agreement referred to in paragraph 4.3.
4.3. If the Agency one management working days required to stop during the administration of the funds, the value of which exceeds 5% of the investment plan of the resources values, or one week requires a means to stop such management, the value of which exceeds 15% of the total investment of the plan concerned the resources, funds Manager is entitled to a portion of funds exceeding the percentage, specified by the Agency to transfer the account not later than 10 working days after the receipt thereof by the Agency In addition, the Manager of the funds, how quickly it reasonable means possible, but not later than within three working days, inform the Agency of its order execution time limits expected.
4.4. the Agency submitted the order for suspension of the withdrawal management is possible, if the funds Manager has not started yet, as well as the enforcement agency and a management agreement. If the funds Manager has just launched its enforcement and its withdrawal will reduce the value of the investment plan or causing injury to self management, such loss due to the withdrawal of the order to be borne by the Agency.
5. the duties of the management funds Manager: 5.1. manage and invest the funds or any part of this agreement the terms of the third chapter, following the principle of diversification of investments and ensuring adequate liquidity of investments to this Agreement in the fourth chapter, comply with the deadlines set by the Agency's management of the orders on termination;
5.2. the Agency complied with information about their personal powers and signatures, which are entitled to issue instructions on behalf of the Agency management;
5.3. create at his own expense, and all this time maintained the contract … … …. …. the way each part of the investment plan, registering at all and any transactions with the investment plan (part of the calculation, the calculation of new parts, delete the parts);
5.4. in the cases referred to in this agreement, and without hesitation, performs within the Agency's written orders for management and transfers of funds, providing and requesting payment from the custodian of the tasks so that this latest contract 4.2 and 4.3. time limits referred to in the relevant funds are transferred to the account specified by the Agency;
5.5. Managing features, performs all the actions that are necessary for the legitimate performance of the contract;
5.6. without delay, but no later than the next working day at 10 a.m. shall inform the Agency and the Commission of each case where custody is not fulfilled or not duly fulfilled the custodian contract obligations;
5.7. provide the Agency with reports on all types of income or remuneration that the funds Manager has received due to the funds management or any parts thereof;
5.8. without delay, but no later than the next working day at 10 a.m. to inform the Agency in writing of any funds Manager: 5.8.1 circumstance that may have significant negative effects on any part of the funds or their value;
5.8.2. the circumstance or event that occurs or may occur in the foreseeable future, and which or in relation to which the funds Manager cannot be completely or partially fulfill the obligations laid down in this Treaty;
5.9. If the change plan section of the prospectus "investment plan administration" includes information about the Media Manager or a custodian, no later than five working days from the date of the reconciliation of changes in the Commission shall inform the Agency in writing and submit to the Agency the relevant prospectus of the investment plan modifications or additions, or new version.
6. the Agency's responsibilities 6.1. Agency in the interests of the participants of the scheme ensure equal treatment and possible claims against the management and all the other managers, thereby enhancing the ability of management to carry out their activities in the management of free and fair competition.
6.2. The Agency shall ensure that each branch of the Agency for any member of the scheme after it has a chance to check out the request with the following documents submitted to the Agency the funds Manager: 6.2.1 all investment plans prospectus: 6.2.2. last year and quarterly surveys on occupational pension funds management;
6.2.3. the last messages on each investment plan quarterly results.
7. Agency rights 7. If the Agency considers that the funds Manager has violated the law, or this agreement, the custodian agreement, it has the right to propose the holding of funds in connection with the audit of the management of the funds and the implementation of this agreement, to perform such checks on its own account to enter the certified auditor. Where such irregularities are found on inspection activities of management in relation to the management of the funds, the management must pay the full amount of the expenditure of the Agency inspection, including sworn auditors remuneration.
8. the Custody 8.1. Before the conclusion of this agreement the funds Manager has entered into a custodian agreement that one copy submitted to the Agency and one of the Commission. The Agency certifying that he has read the custodian agreement entered into and its contents to the Agency is understandable. 
8.2. The funds Manager is entitled, subject to the terms of this agreement, at its own discretion to choose and change the custodian if it conforms to the law laid down by the custodian.
8.3. the feature Manager must, not later than three working days from the moment of the conclusion of the Agency and the Commission to submit one by one all and any amendments and additions to the custodian agreement copy, if the duration of the contract, any such reasons will be concluded, as well as one by one, with the agreement of the management of the new custody of your choice (with all and any subsequent amendments and additions) copy.
8.4. If the manager chooses another custodian or amendments and additions to the custodian agreement, a management contract with the chosen custodian again be closed, as well as any amendments and supplements to the contract must be made in custody provided that they enter into force not earlier than five working days after the submission of a copy of the Agency and the Commission, with the exception of the agreement referred to in paragraph 8.5.
8.5. If the Commission is withdrawn or suspended by the management to the custodian permission (license) to the starpniekdarbīb securities market or credit transaction, or prohibit financial services necessary for the implementation of the functions of the custodian, or if the Commission in other cases provided for in the law, giving management the order to change custody, management must as quickly as it's sensible means possible, but not later than the next working day to choose another custodian and to conclude the contract with it , as well as with the Commission's order to transfer Funds from a new selected custodian, if the custodian of the procedures laid down in the Treaty for any reason it is not possible to execute. Management has the responsibility to this contract within the time limits in paragraph 8.3 to be submitted to the Agency and the Commission by agreement with the newly chosen custodian (with all and any subsequent amendments and additions) copy.
8.6. Funds Manager, subject to the investment plan, the prospectus shall undertake the payment of any remuneration and reimbursement of the custodian, if the custodian is provided for in the contract. 
8.7. the Agency shall have no obligation to pay any remuneration to the custodian and the custodian refunds of expenditure.
9. Management of receipts and warranties

The funds Manager represents and warrants that this at the time of conclusion of the contract and all its life funds Manager will ensure that: 9.1. all and any of this contractual obligation of skilled management will perform properly trained, certified and experienced personnel. This staff list?, (employees and officials who manage the funds and do business with them) is submitted to the Agency before the conclusion of the contract, and for all and any changes to this list of personnel funds Manager no later than three working days in writing inform the Agency;
9.2. it is all the technical and technological means and equipment and may be needed in the laws and in the contractual obligation of timely management and quality execution.
10. liability of the parties 10.1. Each party is obliged to pay the full amount to the other party all damages and costs suffered or what it came to make the guilty party, its employees or officials.
10.2. the funds Manager has the obligation to pay the full amount of any loss that the management, its employees or officials, in violation of the terms of this agreement, the scheme suffered. in those cases, the loss of? the total amount to be repaid to the Agency. 
10.3. The funds Manager is not responsible for losses incurred by: 10.3.1. market fluctuations and market risk, provided the funds Manager has properly fulfilled his obligations or any part thereof, the management laid down in the regulations and this agreement;
10.3.2. using the Agency's orders for products, or any part of it management and the relevant amount of money transfer to the account specified by the Agency, if the Agency orders are designed according to the requirements of this agreement;
10.3.3. If the Agency has not announced or not timely notified the Manager of funds for their authorised persons, the appointment, revocation or privileges;
10.3.4. force majeure conditions, which, if all the terms of this agreement is duly executed, funds Manager, however, could not predict nor prevent nor reasonable means.
10.4. If the funds Manager has not been provided or is not requested from the Agency an order for custody transfers of funds of proper implementation of this agreement, 4.2 and 4.3, the periods referred to in point a of this contract management 4.2. in the case referred to in paragraph, beginning with the fourth working day following the receipt of the Agency's order, but this contract 4.3. in the cases referred to in point, starting with the 11th working day following the receipt of an order of the Agency you pay the Agency fine 0.1% of the amount of money transferred in due time the amount for each delayed day.
11. Remuneration for management 11.1. Funds Manager is entitled to receive remuneration for the management of the funds. Remuneration for the management of the funds is determined as a percentage of each contribution to plan assets and include remuneration for management, as well as compensation for the management costs of custody, certified auditor, auditors and other third party services that may be required in connection with the execution of this agreement, except that contract and 11.3 11.2. expenditure referred to in paragraph. In particular, the amount of remuneration and the procedure for the calculation and withholding is certain investment plan in the prospectus (prospectus), the annexes to this agreement No 1a, 1b, 1 c. 
11.2. the expenditure directly related to the transaction with funds (stock, brokerage, bank Commission, URu.tml. taxes and fees), are applied to each specific business.
11.3. payment of taxes and duties to be carried out concerning (relating to) investment plan assets are charged directly from this investment plan assets.
12. Confidentiality 12.1 the parties undertake this contract period and two years after the expiry of the contract not to disclose, as well as to ensure that their officials and employees shall not disclose confidential information they become known during the execution of this agreement or in connection therewith, except: 12.1.1. disclosure is required under the Act or other legislation;
12.1.2. disclosure of information agreed in writing by both parties. 
12.2 confidential in accordance with this agreement, the Parties shall recognise any form of written or oral information, including (but not only) for technical, technological, financial and legal information, which is not known to the general public. Confidentiality obligations remain valid even if the parties terminate the operation of this agreement, regardless of the reasons for such termination and legal grounds.
13. Accounting and accounting for 13.1. each investment plan features will separated from the others and its management in the management of cash and belongings.
13.2 transactions with funds, accounting, information and reporting Parties used the unit, part of the investment plan — whose computes the value of which shall be determined in accordance with the Cabinet of Ministers of 12 June 2001 No. 254 of the rules "rules for the State funded pension scheme". 
14. the report and reports for management 14.1. at their own expense to prepare and submit the following documents to the Agency: 14.1.1. investment plans prospectus (annex No 1a, 1b, 1 c) – … … …. ( .......) copy – not later than … …. ( .......) working days from the moment of conclusion of the contract;
14.1.2. the funds management quarterly and annual reports on occupational pension funds management … …. ( ....... ) -copy not later than five working days from the submission of the report to the Commission;
14.1.3. the funds management reports on investment plans quarterly results-… …. ( .......) copy – not later than 10 working days from submission of the quarterly report to the Commission.
14.2. the funds Manager does every weekday, no later than 9.00 a.m. to provide the Agency with information about the Media Manager in the management, the entire investment plan part of the values on the previous working day, as well as the funds that received the previous day from the Agency, and on funds transferred to the preceding working day, the Agency's behalf.
14.3. the funds management prepare reports and information should give a true and fair view of the management of existing funds (each cut in the investment plan) and their management during the reporting period.
14.4. the parties undertake not less frequently than once....... compare the management maintain the investment plan part of the registry data with the respective investment plan part of the register data, as well as investigate Agency and as quickly as possible, but not later than ten (10) working days to fix all detected inconsistencies.
15. The auditor and inspection 15.1 the management must ensure its performance management audit according to international regulations and audit requirements of the standards. 
15.2. Management should ensure that all records and other information in connection with this agreement, the management of fruits, remuneration and expenses in all cases in which the Agency implements this Contract provided for in paragraph 7, the right to carry out the activities of management checks – is freely available sworn auditors and ensure the management and custodian staff officers and necessary cooperation and provision of explanations sworn auditors who carry out such checks in the context of the management. 
16. The mandate provisions 16.1. upon a decision by the Administrative Board to the Agency's right to the entire duration of this agreement, shall appoint and annul their authorised persons entitled in the name of the Agency to give orders to the management of this contractual obligations. Of all appointees authorised persons, signatures, rules about how many appointees authorised persons must sign the orders of the Agency, as well as information on the designated authorized person the amount of the Agency's mandate must be present and must be submitted to the management.
16.2. the Agency's designation of the authorised persons and cancellation of funds Manager is binding from the moment when the management of relevant information submitted to the Agency a copy of the decision of the Board on the appointment of the trustee or the cancellation. News of the trustee of the appointment and removal of the application manager is fixed by specifying the date and time with an accuracy of one minute.
16.3. the Agency's orders for (parts of) management termination and sums of money transfer to the following account of the Agency funds Manager should run when it is signed by the person authorised.

16.4. before executing the order Means the Agency Manager to make sure that they comply with this contract referred to in paragraph 16.3. conditions, and compare the orders signed by the signature of the persons submitted to the Agency for the management of the signature of the authorised persons.
17. the information exchange procedure 17. All and any request for approval, warnings, or other forms of communication, the Parties shall provide each other, in accordance with this Agreement shall be prepared and transmitted in accordance with the annex to this agreement, the parties ' agreement on the procedure for the exchange of information.
18. the agreement by a 18.1 Each Party may notify the other party that the provisions of this agreement are not met, if it considers that the other party shall use its best endeavours to achieve the objectives set out in this agreement, or fails to fulfil any of the obligations laid down in this agreement.
18.2. A party who considers that this agreement has been infringed, must be communicated in writing to the other party not later than five working days from the date of the alleged violation of the agreement has occurred or when half of it.
18.3. The conditions of the contract violated the party may at its discretion, to prevent irregularities by satisfying the requirements of the party, which announced the breach. The parties agree to cooperate in such situations, reasonable manner and to make the maximum effort to prevent any violations, including making available to any accounting records and supporting documents in relation to the performance of the contract, and accordingly requested the irregularity of the other party, as well as all legal transactions that reasonably is necessary in order to prevent a breach of contract.
18.4. If disputes and disputes arising from this agreement or in connection with, or in relation to an imaginary terms of this agreement, are not resolved within 10 working days from the agreement referred to in paragraph 18.2. date of notification, the parties have the right to refer the dispute to the courts of the Republic of Latvia pursuant to the jurisdiction.
19. other provisions 19.1. this agreement breaking points, points and chapters, as well as their titles do not affect the importance of the text and legal force, but is used only for convenience and for reasons of transparency.
19.2. If any provision of this agreement or part thereof becomes void or unenforceable for reasons which the parties can not prevent reasonable means, this shall not affect any other provisions of this agreement and of the validity period. 
19.3. The parties negotiate and justify the need for amendments or additions to be made in the contract, including changes in laws and other regulations, if it turns out to be necessary for the execution of this contract, or the legitimate interests of the parties. Any such amendments or additions to the agreement be in writing Commission receipt of acceptance of the agreement by decision of the Board of Directors of the Agency, and they must be signed by the two parties duly authorized representatives.
19.4. in all cases in accordance with the provisions of this agreement a party requires the prior consent of the other party, such consent without good reason will not be denied.
19.5. the contract is drawn up and signed in triplicate, one for each party and one copy for submission to the Commission. Each copy of the Treaty is to … …. The contract has a. .. .... ( .... ) annexes (together to … … … … … … page): 19.5.1. investment plan prospectus;
19.5.2. agreement on cost recovery arrangements;
19.5.3. agreement on the procedure for the exchange of information;
19.5.4. ..........................................
 
The Agency funds Manager.............. " (.......) .............. (.......)
 
Financial Minister g. SMITH