Art. 24. Agreement between Issuer and Central Depository
The securities issuer shall sign an agreement with Central Depository for registration and administration of a securities issue. The agreement shall have effect to efficient keeping of the securities register by the Central Depository and shall be terminated after deletion of the issue from the Central Depository register and receipt of a certificate of termination of registration of the company issuer.
The Board of Directors of the Central Depository AD can take a decision during one of its sessions for deletion of an issue of a particular company and to terminate its entry in the register due to failure to perform the obligations by the Issuer. This decision shall lead to termination of the contractual relationships between Issuer and Central Depository AD.