{"id":235673,"date":"2005-05-06T09:37:00","date_gmt":"2005-05-06T09:37:00","guid":{"rendered":"http:\/\/new.moldova.org\/2005\/05\/06\/parliament-cancels-dividend-repayment-rule-2406-eng\/"},"modified":"2005-05-06T09:37:00","modified_gmt":"2005-05-06T09:37:00","slug":"parliament-cancels-dividend-repayment-rule-2406-eng","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/parliament-cancels-dividend-repayment-rule-2406-eng\/","title":{"rendered":"Parliament cancels dividend repayment rule"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>Since now on, Moldovan joint-stock societies shall no more be demanded to repay minimum 30% annual profit in dividends, according to amendments to corresponding legislation that were approved by the Moldovan Parliament today. <\/p>\n<p>When the Law on the said 30% payments was debated and approved in 2004, deputies were driven by a wish &quot;to protect petty shareholders who, over last 10-15 years, have received peanuts in dividends, and some have not been given even a single lei&quot;. <\/p>\n<p>This year, the new Parliament returned to that issue after President Vladimir Voronin had refused to promulgate that Law, and had written in his message to the legislature that the bill was in contravention with some constitutional provisions, and that its economic effectiveness is doubtful. <\/p>\n<p>Voronin reminded that by the Constitution, the State must ensure the freedom of trade and business activities, and must protect honest competition. Besides this, the Law on Joint-Stock Societies puts it very clearly that questions of profit distribution shall be solved by shareholders&#8217; annual general meetings. <\/p>\n<p>&quot;These provisions stipulate the shareholders&#8217; exclusive right to take decisions on dividing income, including on dividend repaying&quot;, the President wrote in his message.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>Since now on, Moldovan joint-stock societies shall no more be demanded to repay minimum 30% annual profit in dividends, according to amendments to corresponding legislation that were approved by the Moldovan Parliament today. When the Law on the said 30% payments was debated and approved in 2004, deputies were driven by a wish &quot;to protect [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-235673","post","type-post","status-publish","format-standard","hentry","category-economy"],"content_social_share":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>Since now on, Moldovan joint-stock societies shall no more be demanded to repay minimum 30% annual profit in dividends, according to amendments to corresponding legislation that were approved by the Moldovan Parliament today. <\/p>\n<p>When the Law on the said 30% payments was debated and approved in 2004, deputies were driven by a wish &quot;to protect petty shareholders who, over last 10-15 years, have received peanuts in dividends, and some have not been given even a single lei&quot;. <\/p>\n<p>This year, the new Parliament returned to that issue after President Vladimir Voronin had refused to promulgate that Law, and had written in his message to the legislature that the bill was in contravention with some constitutional provisions, and that its economic effectiveness is doubtful. <\/p>\n<p>Voronin reminded that by the Constitution, the State must ensure the freedom of trade and business activities, and must protect honest competition. Besides this, the Law on Joint-Stock Societies puts it very clearly that questions of profit distribution shall be solved by shareholders&#8217; annual general meetings. <\/p>\n<p>&quot;These provisions stipulate the shareholders&#8217; exclusive right to take decisions on dividing income, including on dividend repaying&quot;, the President wrote in his message.<\/p>\n<div class='heateorSssClear'><\/div><div  class='heateor_sss_sharing_container heateor_sss_horizontal_sharing' data-heateor-sss-href='https:\/\/www.moldova.org\/en\/parliament-cancels-dividend-repayment-rule-2406-eng\/' data-heateor-sss-no-counts=\"1\"><div class='heateor_sss_sharing_title' style=\"font-weight:bold\" ><\/div><div class=\"heateor_sss_sharing_ul\"><a aria-label=\"Facebook\" class=\"heateor_sss_facebook\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fwww.moldova.org%2Fen%2Fparliament-cancels-dividend-repayment-rule-2406-eng%2F\" title=\"Facebook\" rel=\"nofollow noopener\" target=\"_blank\" style=\"font-size:32px!important;box-shadow:none;display:inline-block;vertical-align:middle\"><span class=\"heateor_sss_svg\" style=\"background-color:#0765FE;width:100px;height:35px;display:inline-block;opacity:1;float:left;font-size:32px;box-shadow:none;display:inline-block;font-size:16px;padding:0 4px;vertical-align:middle;background-repeat:repeat;overflow:hidden;padding:0;cursor:pointer;box-sizing:content-box\"><svg style=\"display:block;\" focusable=\"false\" aria-hidden=\"true\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"100%\" height=\"100%\" viewBox=\"0 0 32 32\"><path fill=\"#fff\" d=\"M28 16c0-6.627-5.373-12-12-12S4 9.373 4 16c0 5.628 3.875 10.35 9.101 11.647v-7.98h-2.474V16H13.1v-1.58c0-4.085 1.849-5.978 5.859-5.978.76 0 2.072.15 2.608.298v3.325c-.283-.03-.775-.045-1.386-.045-1.967 0-2.728.745-2.728 2.683V16h3.92l-.673 3.667h-3.247v8.245C23.395 27.195 28 22.135 28 16Z\"><\/path><\/svg><\/span><\/a><a aria-label=\"Twitter\" class=\"heateor_sss_button_twitter\" href=\"https:\/\/twitter.com\/intent\/tweet?text=Parliament%20cancels%20dividend%20repayment%20rule&url=https%3A%2F%2Fwww.moldova.org%2Fen%2Fparliament-cancels-dividend-repayment-rule-2406-eng%2F\" title=\"Twitter\" rel=\"nofollow noopener\" target=\"_blank\" style=\"font-size:32px!important;box-shadow:none;display:inline-block;vertical-align:middle\"><span class=\"heateor_sss_svg heateor_sss_s__default heateor_sss_s_twitter\" style=\"background-color:#55acee;width:100px;height:35px;display:inline-block;opacity:1;float:left;font-size:32px;box-shadow:none;display:inline-block;font-size:16px;padding:0 4px;vertical-align:middle;background-repeat:repeat;overflow:hidden;padding:0;cursor:pointer;box-sizing:content-box\"><svg style=\"display:block;\" focusable=\"false\" aria-hidden=\"true\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"100%\" height=\"100%\" viewBox=\"-4 -4 39 39\"><path d=\"M28 8.557a9.913 9.913 0 0 1-2.828.775 4.93 4.93 0 0 0 2.166-2.725 9.738 9.738 0 0 1-3.13 1.194 4.92 4.92 0 0 0-3.593-1.55 4.924 4.924 0 0 0-4.794 6.049c-4.09-.21-7.72-2.17-10.15-5.15a4.942 4.942 0 0 0-.665 2.477c0 1.71.87 3.214 2.19 4.1a4.968 4.968 0 0 1-2.23-.616v.06c0 2.39 1.7 4.38 3.952 4.83-.414.115-.85.174-1.297.174-.318 0-.626-.03-.928-.086a4.935 4.935 0 0 0 4.6 3.42 9.893 9.893 0 0 1-6.114 2.107c-.398 0-.79-.023-1.175-.068a13.953 13.953 0 0 0 7.55 2.213c9.056 0 14.01-7.507 14.01-14.013 0-.213-.005-.426-.015-.637.96-.695 1.795-1.56 2.455-2.55z\" fill=\"#fff\"><\/path><\/svg><\/span><\/a><a aria-label=\"Odnoklassniki\" class=\"heateor_sss_button_odnoklassniki\" href=\"https:\/\/connect.ok.ru\/dk?cmd=WidgetSharePreview&st.cmd=WidgetSharePreview&st.shareUrl=https%3A%2F%2Fwww.moldova.org%2Fen%2Fparliament-cancels-dividend-repayment-rule-2406-eng%2F&st.client_id=-1\" title=\"Odnoklassniki\" rel=\"nofollow noopener\" target=\"_blank\" style=\"font-size:32px!important;box-shadow:none;display:inline-block;vertical-align:middle\"><span class=\"heateor_sss_svg heateor_sss_s__default heateor_sss_s_odnoklassniki\" style=\"background-color:#f2720c;width:100px;height:35px;display:inline-block;opacity:1;float:left;font-size:32px;box-shadow:none;display:inline-block;font-size:16px;padding:0 4px;vertical-align:middle;background-repeat:repeat;overflow:hidden;padding:0;cursor:pointer;box-sizing:content-box\"><svg style=\"display:block;\" focusable=\"false\" aria-hidden=\"true\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"100%\" height=\"100%\" viewBox=\"0 0 32 32\"><path fill=\"#fff\" d=\"M16 16.16a6.579 6.579 0 0 1-6.58-6.58A6.578 6.578 0 0 1 16 3a6.58 6.58 0 1 1 .002 13.16zm0-9.817a3.235 3.235 0 0 0-3.236 3.237 3.234 3.234 0 0 0 3.237 3.236 3.236 3.236 0 1 0 .004-6.473zm7.586 10.62c.647 1.3-.084 1.93-1.735 2.99-1.395.9-3.313 1.238-4.564 1.368l1.048 1.05 3.877 3.88c.59.59.59 1.543 0 2.133l-.177.18c-.59.59-1.544.59-2.134 0l-3.88-3.88-3.877 3.88c-.59.59-1.543.59-2.135 0l-.176-.18a1.505 1.505 0 0 1 0-2.132l3.88-3.877 1.042-1.046c-1.25-.127-3.19-.465-4.6-1.37-1.65-1.062-2.38-1.69-1.733-2.99.37-.747 1.4-1.367 2.768-.29C13.035 18.13 16 18.13 16 18.13s2.968 0 4.818-1.456c1.368-1.077 2.4-.457 2.768.29z\"><\/path><\/svg><\/span><\/a><a aria-label=\"Telegram\" class=\"heateor_sss_button_telegram\" href=\"https:\/\/telegram.me\/share\/url?url=https%3A%2F%2Fwww.moldova.org%2Fen%2Fparliament-cancels-dividend-repayment-rule-2406-eng%2F&text=Parliament%20cancels%20dividend%20repayment%20rule\" title=\"Telegram\" rel=\"nofollow noopener\" target=\"_blank\" style=\"font-size:32px!important;box-shadow:none;display:inline-block;vertical-align:middle\"><span class=\"heateor_sss_svg heateor_sss_s__default heateor_sss_s_telegram\" style=\"background-color:#3da5f1;width:100px;height:35px;display:inline-block;opacity:1;float:left;font-size:32px;box-shadow:none;display:inline-block;font-size:16px;padding:0 4px;vertical-align:middle;background-repeat:repeat;overflow:hidden;padding:0;cursor:pointer;box-sizing:content-box\"><svg style=\"display:block;\" focusable=\"false\" aria-hidden=\"true\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"100%\" height=\"100%\" viewBox=\"0 0 32 32\"><path fill=\"#fff\" d=\"M25.515 6.896L6.027 14.41c-1.33.534-1.322 1.276-.243 1.606l5 1.56 1.72 5.66c.226.625.115.873.77.873.506 0 .73-.235 1.012-.51l2.43-2.363 5.056 3.734c.93.514 1.602.25 1.834-.863l3.32-15.638c.338-1.363-.52-1.98-1.41-1.577z\"><\/path><\/svg><\/span><\/a><\/div><div class=\"heateorSssClear\"><\/div><\/div><div class='heateorSssClear'><\/div>","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Parliament cancels dividend repayment rule - Moldova.org<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.moldova.org\/en\/parliament-cancels-dividend-repayment-rule-2406-eng\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Autor invitat\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/parliament-cancels-dividend-repayment-rule-2406-eng\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/parliament-cancels-dividend-repayment-rule-2406-eng\\\/\"},\"author\":{\"name\":\"Autor invitat\",\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/#\\\/schema\\\/person\\\/e590ccdfbd35fcd038aaf1b84370dadd\"},\"headline\":\"Parliament cancels dividend repayment rule\",\"datePublished\":\"2005-05-06T09:37:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/parliament-cancels-dividend-repayment-rule-2406-eng\\\/\"},\"wordCount\":197,\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/parliament-cancels-dividend-repayment-rule-2406-eng\\\/\",\"url\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/parliament-cancels-dividend-repayment-rule-2406-eng\\\/\",\"name\":\"Parliament cancels dividend repayment rule - Moldova.org\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/#website\"},\"datePublished\":\"2005-05-06T09:37:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/#\\\/schema\\\/person\\\/e590ccdfbd35fcd038aaf1b84370dadd\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/parliament-cancels-dividend-repayment-rule-2406-eng\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.moldova.org\\\/en\\\/parliament-cancels-dividend-repayment-rule-2406-eng\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/parliament-cancels-dividend-repayment-rule-2406-eng\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Parliament cancels dividend repayment rule\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/\",\"name\":\"Moldova.org\",\"description\":\"The first news website of Moldova\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/#\\\/schema\\\/person\\\/e590ccdfbd35fcd038aaf1b84370dadd\",\"name\":\"Autor invitat\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f57d391b1fe13609c1c398a550a7b6f0e8babe6cd537d48bbeb806ba55c53094?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f57d391b1fe13609c1c398a550a7b6f0e8babe6cd537d48bbeb806ba55c53094?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f57d391b1fe13609c1c398a550a7b6f0e8babe6cd537d48bbeb806ba55c53094?s=96&d=mm&r=g\",\"caption\":\"Autor invitat\"},\"url\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Parliament cancels dividend repayment rule - Moldova.org","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.moldova.org\/en\/parliament-cancels-dividend-repayment-rule-2406-eng\/","twitter_misc":{"Written by":"Autor invitat","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.moldova.org\/en\/parliament-cancels-dividend-repayment-rule-2406-eng\/#article","isPartOf":{"@id":"https:\/\/www.moldova.org\/en\/parliament-cancels-dividend-repayment-rule-2406-eng\/"},"author":{"name":"Autor invitat","@id":"https:\/\/www.moldova.org\/en\/#\/schema\/person\/e590ccdfbd35fcd038aaf1b84370dadd"},"headline":"Parliament cancels dividend repayment rule","datePublished":"2005-05-06T09:37:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.moldova.org\/en\/parliament-cancels-dividend-repayment-rule-2406-eng\/"},"wordCount":197,"articleSection":["Economy"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/www.moldova.org\/en\/parliament-cancels-dividend-repayment-rule-2406-eng\/","url":"https:\/\/www.moldova.org\/en\/parliament-cancels-dividend-repayment-rule-2406-eng\/","name":"Parliament cancels dividend repayment rule - Moldova.org","isPartOf":{"@id":"https:\/\/www.moldova.org\/en\/#website"},"datePublished":"2005-05-06T09:37:00+00:00","author":{"@id":"https:\/\/www.moldova.org\/en\/#\/schema\/person\/e590ccdfbd35fcd038aaf1b84370dadd"},"breadcrumb":{"@id":"https:\/\/www.moldova.org\/en\/parliament-cancels-dividend-repayment-rule-2406-eng\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.moldova.org\/en\/parliament-cancels-dividend-repayment-rule-2406-eng\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.moldova.org\/en\/parliament-cancels-dividend-repayment-rule-2406-eng\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.moldova.org\/en\/"},{"@type":"ListItem","position":2,"name":"Parliament cancels dividend repayment rule"}]},{"@type":"WebSite","@id":"https:\/\/www.moldova.org\/en\/#website","url":"https:\/\/www.moldova.org\/en\/","name":"Moldova.org","description":"The first news website of Moldova","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.moldova.org\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/www.moldova.org\/en\/#\/schema\/person\/e590ccdfbd35fcd038aaf1b84370dadd","name":"Autor invitat","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/secure.gravatar.com\/avatar\/f57d391b1fe13609c1c398a550a7b6f0e8babe6cd537d48bbeb806ba55c53094?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/f57d391b1fe13609c1c398a550a7b6f0e8babe6cd537d48bbeb806ba55c53094?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f57d391b1fe13609c1c398a550a7b6f0e8babe6cd537d48bbeb806ba55c53094?s=96&d=mm&r=g","caption":"Autor invitat"},"url":"https:\/\/www.moldova.org\/en\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.moldova.org\/en\/wp-json\/wp\/v2\/posts\/235673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.moldova.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.moldova.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.moldova.org\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.moldova.org\/en\/wp-json\/wp\/v2\/comments?post=235673"}],"version-history":[{"count":0,"href":"https:\/\/www.moldova.org\/en\/wp-json\/wp\/v2\/posts\/235673\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.moldova.org\/en\/wp-json\/wp\/v2\/media?parent=235673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.moldova.org\/en\/wp-json\/wp\/v2\/categories?post=235673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.moldova.org\/en\/wp-json\/wp\/v2\/tags?post=235673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}