Banking for All and for Everything

8/21/2019 Banking for All and for Everything

1/88

FMJACJH EIV MOO MJ@ EIV KUKVSPBCJH

FS

UCDMSM AV[WBJM UMVLM XXX.UCDMSMUMVLM.GIL

Fmjas

^kipok

Hivkrjlkjt

=>> % @chctmo Hivkrjmjgk Muti m`dustk` lijky suppoy Tkri ecsgmo `kecgct

Fmjas


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Fmja rkeirls fy UMVLM Prm`ctcijmo Gipy rchbt ‗ Moo Vchbts Vkskrvk`

bttp4//www.iptclmotmxmtcij.jkt www.scjhoktmx.irh vcdmym arusbjm vmrlm ^mhk 6

Fmja rkeirlsFmjacjh eir moo mj` eir kvkrytbcjh fy UMVLM

------------------------------------------------------------Umrlm suhhksts rm`cgmo fmja rkeirls ti usbkr cj euooy ocfkrmoczk` mj`

trmjspmrkjt kgijilcg systkl. Pbk tclk bms gilk ti rm`cgmooy rkeirl fmjacjh

skgtir ti tbk uotclmtk okvko wbkrk tbkrk wcoo fk ji J^Ms, ujklpoiylkjt, fomga

lijky, emak gurrkjgy, kgijilcg rkgksscij mj` girruptcij. Ocfkrmocsk tbk

fmjacjh skgtir ti kstmfocsb m fmja frmjgb mt kvkry vcoomhk ir gioijy bmvcjh

pipuomtcij ie 6;>> si tbmt kmgb fmja sbmoo bmjòk mpprixclmtkoy 6>>> mggiujts.* Pi hcvk kvkry gctczkj mfivk tbk mhk ie =; ykmrs m pirtmfok fmja smvcjhs mggiujt wctb

pkrlmjkjt mggiujt julfkr eril fcrtb ti `kmtb. Pbcs pirtmfok fmja mggiujt gmj fk

sbcetk ̀eril mjy fmja ti mjy fmja wctb tbk smlk mggiujt julfkr mt mjy tclk.

* Pi lmak Cj`cm m euooy `chctmo jmtcij mj ̀ti usbkr cj =>>% k-hivkrjmjgk.

* Pi kxpmj ̀Fmjacjh ti tbk uotclmtk okvko si tbmt lmjy Wtmtk mj ̀Gkjtrmo Hivkrjlkjt

`kpmrtlkjts gmj fk cjtkhrmtk ̀cj tbk fmjacjh systkl ti gut tbk prkskjt hivkrjlkjt

sczk mj ̀jij pomj kxpkj`cturk ti =/7 okvko.

*Pi lmak tbk fmjacjh ms cjtkrlk`cmry fktwkkj tbk Hivkrjlkjt mj ̀pkipok

*Pi cjtkhrmtk tbk Hivkrjlkjt mj ̀hivkrjmjgk cj tbk fmjacjh systkl vkrtcgmooy mj`

birczijtmooy*Pi ajiw up ti `mtk fmja priects mt mjy tclk mj ̀ti mvic ̀jijpkreirlcjh msskts

* Pi lmak lijky suppoy mutilmtcgmooy kxpmj`s ir gijtrmgts cj tbk fmjacjh systkl

mggir`cjh ti `klmj ̀eir lijky, hriwtb rmtk mj ̀pipuomtcij hriwtb.

*Pi mgbckvk zkri `kecgct ecsgmo mj ̀rkvkjuk fu`hkt

* Pi lmak fu`hkt prkpmrmtcij sclpok mj ̀kmsy.

* Pi koclcjmtk fomga lijky mj ̀girruptcij

* Pi lmak kvkry fmja frmjgb mj K-skvm gkjtkr.

* Pi strkmlocjk tbk ^@W ti akkp sufsc`cks iut ie tbk rkmgb ie tbk rcgb

*Pi strkmlocjk mhrcguoturk sufsc`cks ti stip emrlkr sucgc`ks mj ̀akkp sufsc`cks iut

ie tbk rkmgb ie rcgb emrlkrs, bchb cjgilk hriup pkipok, cjùstrcmocsts, gijtrmgtirs,pioctcgmo okm`krs mj ̀fuscjkss pkipok.

* Pi stip cookhmo lchrmtcij keekgtcvkoy mj ̀pkrlmjkjtoy.

* Pi gijstrugt titmooy tioo erkk bchbwmys, kxprkss wmys mj ̀bchb okvko rmcowmy trmgas

* Pi gijtrio ujklpoiylkjt, privc`k sigcmo skgurcty ti moo, mj ̀stip gbco ̀omfiur.

* Pi hkt tbk up`mtk ̀pipuomtcij echurks mt kvkry `my.

* Pi privc`k bkmotb gmrk mj ̀tbk bchbkst qumocty kùgmtcij ti moo pkipok mocak

* Pi kjeirgk omj ̀gkcocjh mgt cj titmocty.


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* Pi mgbckvk =>>% eii ̀skgurcty, kjkrhy skgurcty mj ̀jmtcijmo skgurcty

* Pi bkop pkipok hkt pmsspirts, fcrtb gkrtcecgmtks, `kmtb gkrtcecgmtks, oimjs, lijtboy

rmtcijs, pkjscijs, jmturmo gmomlcty gilpkjsmtcijs cjstmjtoy mt mjy fmja frmjgb.

* Pi prkpmrk mj ̀ suppoy kokgtirmo rioos eir tbk kokgtcij gillcsscij mj ̀ bkop ct

gijùgt ijk ̀ my pioocjh cj scjhok pbmsk eir hkjkrmo kokgtcijs pmhk - 53* Pi lmak Cj`cm ijk euooy ipkj lmrakt wctbiut mjy gbkga pists

* Fkeirk yiu rkm ̀tbcs ìgulkjt pokmsk ìwj oim ̀mj ̀stu`y tbk wiracjh liùoks ie

tbcs jkw fmjacjh systkl eril tbk wkfsctk www.vcdmymvmrlm.gil

Pbk gijgilctmjt stu`y ie tbcs tkxt ìgulkjt moijh wctb tbk wiracjh

liùoks wcoo bkop ct uj`krstii ̀lirk kmscoy. Pbk ocjas ti tbk wiracjh liùoks eir

jkw fmjacjh systkl

bttps4//fmjacjhrk`kecjk`.ecoks.wir`prkss.gil/6>=;/>=/lmcj-smvcjhs-

mggiujt-liùok.xosx

bttps4//fmjacjhrk`kecjk`.ecoks.wir`prkss.gil/6>=;/>=/pirtmfok-fmja-

mggiujt.xosx

bttps4//fmjacjhrk`kecjk`.ecoks.wir`prkss.gil/6>=;/>=/eujgtcijmo-prihrml-

eir-lijky-gbmjhks-cj-fmjacjh-systkl=.xosx

bttps4//fmjacjhrk`kecjk`.ecoks.wir`prkss.gil/6>=;/>=/sbmrks-mggiujt.xosx

bttps4//fmjacjhrk`kecjk`.ecoks.wir`prkss.gil/6>=;/>=/eujgtcijmo-prihrml-eir-lijky-gbmjhks-cj-fmjacjh-systkl.xosx

bttps4//fmjacjhrk`kecjk`.ecoks.wir`prkss.gil/6>=;/>=/lijky-suppoy-

liùok.xosx

bttps4//fmjacjhrk`kecjk`.ecoks.wir`prkss.gil/6>=;/>=/omj`-smvcjhs-

mggiujt.xosx

bttps4//fmjacjhrk`kecjk`.ecoks.wir`prkss.gil/6>=;/>=/vkbcgoks-smvcjhs-

mggiujt-liùok-vmrlm.xosx


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Ly suhhkstk` rkhuomtcijs mj` huc`kocjks eir

cssucjh ocgkjsks eir fmjacjh fuscjkss* Fmjacjh ocgkjgk sbiuo` fk hcvkj ti mjy prilitkr ir cjstctutcij tbmt bms gmpctmo cjvkstlkjt ie

lcjclul ijk tbiusmj` grirk rupkks. Pbk qumocecgmtcij ti stmrt fmjacjh fuscjkss sbiuo` fk m lcjclul

gmpctmo cjvkstlkjt ie =>>> grirk rupkks. Pbkrk sbiuo` fk ji uppkr oclct eir fmja–s gmpctmo cjvkstlkjt.

Kvkj cj`cvcùmos ir m skt ie pkipok wctb gmpctmo ie lcjclul Vs. =>>> grirks sbmoo fk mooiwk` ti ipkrmtk

fmjacjh fuscjkss.

* Fmjas sbiuo` fk mooiwk` ti ipkrmtk mjy julfkr ie frmjgbks.

* Fmjas sbiuo` fk mooiwk` ti bmjòk fmja mggiujts tbriuhb cts frmjgbks wbisk guluomtcvk titmo

lijky sbiuo` jit kxgkk` =2 tclks tbk fmja–s iwj gmpctmo lijky.

* Fmjas sbiuo` bmjòk fmja mggiujts mj` jit iwj tbkl. Pbksk fmja mggiujts sbiuo` fk pirtmfok wctb

pirtmfok mggiujt julfkrs.

* Gustilkr sbiuo` bmvk mfsioutk rchbt ti sbcet bcs mggiujt eril ijk frmjgb ti mjitbkr frmjgb ie tbk

smlk fmja ir mjitbkr frmjgb ie `ceekrkjt fmja.

* Pbk lijky cj tbk gustilkrs– mggiujts sbiuo` jit bmvk mjy stirmhk vmouk. Ct sbiuo` bmvk ijoy

trmjsmgtcij vmouk.

* Pbk ÔV rmtks ij oimjs sbiuo` jit fk lirk tbmj 7% pkr mjjul up ti Vs. => omabs mj` sbiuo` jit fk

lirk tbmj 0% pkr mjjul ij oimjs/m`vmjgks lirk tbmj Vs => omabs.

* Pbk fmjas sbiuo` jit fk mooiwk` ti tmak `kpiscts eril tbk gustilkrs. Pbmt lkmjs tbkrk sbiuo` fk

ji ecxk` `kpiscts. Pbkrk cs zkri cjtkrkst ij `klmj` `kpiscts. @klmj` `kpiscts lkmj lijky cj tbk

smvcjhs mggiujts.

* M Fmja sbiuo` fk mooiwk` ti bmjòk mjy julfkr ie mggiujts tbriuhb cts frmjgbks. Fut tbk titmo

`chctmo lijky cj tbksk mggiujts sbiuo` jit kxgkk` =2 tclks tbk vmouk ie fmja–s gmpctmo lijky. Wi tbk

julfkr ie mggiujts m fmja bmjòks tbriuhb cts frmjgbks `kpkj`s upij tbk titmo `chctmo lijky cj moo

tbksk mggiujts. Ct gmj cjgrkmsk tbk julfkr ie mggiujts ujtco tbk guluomtcvk `chctmo lijky cj moo cts

gustilkrs– mggiujts rkmgbks =2 tclks tbk vmouk ie tbk fmja–s gmpctmo lijky. Eir kxmlpok ce m fmja bms

Vs. =>>> grirk bms cts gmpctmo lijky, tbk titmo lijky ct sbiuo` fk mooiwk` ti bmjòk eril moo cts

gustilkrs– mggiujts cs =2,>>> grirk rupkks. Pbk titmo lijky cj moo gustilkrs– mggiujts bmjòk` fy moo

frmjgbks ie m fmja sbiuo` jit fk lirk tbmj =2 tclks tbk vmouk ie tbk fmja–s gmpctmo lijky. Ce tbk

fmja wmjts ti bmjòk lirk julfkr ie mggiujts wctb lirk lijky suppoy ct wcoo bmvk ti cjgrkmsk cts

gmpctmo lijky.

* Fmjas sbiuo` fk mooiwk` ti hkjkrmtk oimj lijky up ti tbk 08.78% ie tbk vmouk ie titmo `chctmo lijky

cj moo gustilkrs– mggiujts ct bmjòks + cts iwj gmpctmo lijky cj `chctmo mj` pbyscgmo eirl. Pbk oimjs

smjgtcijk` fy fmja sbiuo` jit fk lirk tbmj 08.78% ie titmo lijky cj moo gustilkrs– mggiujts ct

bmjòks + cts iwj gmpctmo lijky. Eir kxmlpok ce m fmja–s gmpctmo lijky cs Vs. =>>> grirk mj` wctb tbk

lmxclul lijky bmjòcjh gmpmgcty ie =2>>> grirks tbk fmja–s lmxclul oimj hkjkrmtcjh gmpmgcty cs Vs

3>>>. Pbmt lkmjs m fmja–s lmxclul oimjs gmpmgcty wctb =>>> grirk gmpctmo lijky cs Q08.78% ie (=>>>+ =2>>> >>) < 3>>>\

* Mt tbk smlk tclk Fmjas sbiuo` fk mooiwk` ti hkjkrmtk oimj lijky mj` smjgtcij oimjs/m`vmjgk ti

gustilkrs up ti 3 tclks tbk vmouk ie cts gmpctmo lijky fut jit lirk tbmj 3 tclks ie cts gmpctmo lijky.

Pbmt lkmjs ce m fmja–s cjctcmo gmpctmo lijky cs Vs =>>> ct gmj hkjkrmtk mj` smjgtcij oimjs/m`vmjgk up

ti Vs 3>>> grirks ce ct bmjòks Vs =2>>> grirk cj moo cts gustilkrs– mggiujts.

* Wi m fmja–s oimj hkjkrmtcjh gmpmgcty `kpkj`s ij twi emgtirs =\ cts gmpctmo lijky 6\ ct titmo lijky

bmjòks. QEir kxmlpok ce m fmja bms =>>> grirk bms cts gmpctmo lijky, tbk titmo lijky ct wcoo fk


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bttp4//www.iptclmotmxmtcij.jkt www.scjhoktmx.irh vcdmym arusbjm vmrlm ^mhk ;

mooiwk` ti bmjòk eril moo cts mggiujts cs =2,>>> grirk rupkks. Wi wctb tbk gmpctmo ie =>>>, tbk titmo

lijky suppoy tbk fmja gmj bmjòk cs =>>>+=2>>>< =3>>>. Xctb tbcs titmo lijky suppoy tbcs fmja

bmjòks, tbk oimjs smjgtcijk` fy tbcs fmja sbiuo` jit kxgkk` tbk vmouk ie 08.78% ie =3>>>grirks\ <

3>>>. Xctb tbk =>>> ms ct gmpctmo lijky, tbk lmxclul okvko ie tbcs fmja–s lijky bmjòcjh gmpmgcty ie

=3>>> grirks < 3,>>>grirk oimj lijky Qlmxclul okvko\ + =>,>>> grirk rkmo lijky\. Ms tbk fmja–s

gmpctmo lijky cjgrkmsks cts lijky bmjòcjh mj` oimj hkjkrmtcij gmpmgcty wcoo cjgrkmsk

girrkspij`cjhoy.

*M fmja–s lijky suppoy bmjòcjh gmpmgcty wctb =>> ms cts gmpctmo wcoo fk mt tbk okvko ie =>> wbkj tbkfmja bms zkri mggiujts mt tbk omujgbcjh tclk mj` ct gmj rkmgb up ti mt tbk lmxclul okvko ie =3>> wctb

cjgrkmsk ie mggiujts.

*M fmja–s oimj lijky hkjkrmtcij gmpmgcty wctb =>> ms cts gmpctmo wcoo fk mt tbk lcjclul okvko ie 08mj` mt tbk lmxclul okvko ie 3>> wbkj tbk fmja rkmgbks tbk lmxclul okvko ie titmo lijky ct bmjòks

rkmgbks =3>>. Ij tbk ecrst `my wctb =>> ms cts gmpctmo tbk fmja, wctbiut mjy mggiujts, gmj hkjkrmtk mj`

smjgtcij oimjs up ti 08 ijoy. Ce tbkcr mggiujts cjgrkmsk, tbk lijky ct bmjòks mosi cjgrkmsks mj`

girrkspij`cjhoy tbk lijky hkjkrmtcij gmpmgcty mosi cjgrkmsks up ti tbk lmxclul okvko ie 3>> wbkj

titmo lijky ct bmjòks cj moo cts mggiujts rkmgbk` tbk lmxclul okvko ie =3>>.* Fmjas sbiuo` jit fk mooiwk` ti usk ir wctb`rmw cts gmpctmo lijky fy cts prilitkrs eir mjy purpisk

itbkr tbmj pmycjh smomrcks, stmtcijkry ir itbkr rujjcjh ir ipkrmtcjh gists ie tbk fmja. Pbmt lkmjs tbk

cjctcmo gmpctmo lijky gmjjit fk usk` eir mjy itbkr purpisk ir wctb`rmwj fy cts prilitkrs. Pbk fmja

sbiuo` jit okj` cts gmpctmo lijky mj` ct sbiuo` rklmcj cj cts iwj fmja mggiujt. Ct sbiuo` fk rklmcjk`

stmtcijkry cj tbk fmja mggiujt ir cts frmjgb mggiujts ms oijh ms ct rujs tbk fmjacjh fuscjkss. Fut bk

prilitkrs ir iwjkrs sbmoo fk mooiwk` ti wctb`rmw priects, ce mjy, ivkr tbcs cjctcmo gmpctmo lijky mt tbkcr

iwj gbicgk.

* Xbkjkvkr frmjgb cssuks cts oimjs/m`vmjgks ti gustilkrs tbk oimj mliujt hkjkrmtk` fy m fmja

cjgrkmsks mj` wbkjkvkr m gustilkr rkpmys oimjs tbk fmja–s hkjkrmtk` oimjs `kgrkmsk. Pbk titmo oimjs

hkjkrmtk` fy m fmja sbiuo` fk wctbcj tbk twi oclcts ms prksgrcfk` mfivk.

* Pbk cjtkrkst ij tbk oimjs, wbkj pmc` fy m gustilkr, sbiuo` fk m``k` ti fmja–s gmpctmo lijky. Xbkjgustilkrs pmy cjtkrksts tbk fmja–s gmpctmo cjgrkmsks. Fmja–s priects wcoo mosi cjgrkmsk wbkj gustilkrs

pmy uskr gbmrhks eir `ceekrkjt skrvcgks tbk fmja privc`ks. Xbkj fmja pmys smomrcks ir spkj s̀ tiwmr`s

ipkrmtcjh gist cts gmpctmo `kgrkmsks. Fmja–s gmpctmo lijky lcjus cts cjctcmo gmpctmo lijky < fmja–s

priects.

* M fmja–s priects cjgou`k tbk titmo cjtkrkst pmc` fy cts gustilkrs mj` tbk skrvcgk gbmrhks pmc` eir

`ceekrkjt skrvcgks ct privc`ks lcjus cts ipkrmtcjh gist.

* M fmja–s cjgilk eril cjtkrkst pmylkjts moijk wiuo` fk ms eiooiws.

=\ Xbkj Fmja–s iwj gmpctmo lijky < Vs =>>> Grirks

Ce titmo lijky cj moo cts gustilkrs– mggiujt < >

Pbkj tbk fmja–s lmxclul oimj hkjkrmtcjh gmpmgcty < 08.78% ie =>>> < 087 grirks

Pbk fmja–s mjjumo cjgilk eril cjtkrkst moijk < 7.;% ie 087 < =5.; grirks pkr mjjul Qkxgou`cjh uskr

gbmrhks + skrvcgk gbmrhks\

6\ Xbkj m fmja–s iwj gmpctmo lijky < Vs =>>>

Ce titmo lijky cj moo cts gustilkrs– mggiujts mt tbk fmja–s lmxclul lijky bmjòcjh gmpmgcty <

VW.=2>>> grirks

Pbk fmja–s titmo oimj hkjkrmtcjh gmpmgcty mt lmxclul okvko < 08.78% ie Q=>>> + =2>>> >>\ < Vs

3>>> grirks

Pbk fmja–s cjgilk mt tbk lmxclul oimj hkjkrmtcjh gmpmgcty < 7.;% ie 3>>> < 7=; grirk


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Wi wctb Vs =>>> ms gmpctmo lijky, m fmja gmj kmrj cjgilk up ti 7=; pkr mjjul mt tbk lmxclul oimj

hkjkrmtcjh gmpmgcty ie Vs.3, >>> grirks wbcgb cs pisscfok mt tbk lmxclul lijky bmj`ocjh gmpmgcty ie

=2,>>> grirks cj moo cts gustilkrs– mggiujts. Cj m``ctcij ti tbcs cjgilk tbkrk wcoo fk cjgilk eril

skrvcgk gbmrhks mj` uskr gbmrhks pmc` fy gustilkrs eir `ceekrkjt skrvcgks.

Pbk titmo fmja priects < tbk cjgilk mggruk` eril cjtkrkst mj` uskr gbmrhks ‗ fmja–s ipkrmtcjh gist.

*Xbkj tbk fmja stmrts tbk fuscjkss ct bms ti kxgbmjhk >.5% ie cts `chctmo gmpctmo lijky wctb pbyscgmo

lijky mt tbk Gkjtrmo Fmja. Jiw tbk jkwoy stmrtk` fmja–s gmpctmo lijky wcoo fk cj 33.0% `chctmo lijky

mj` >.5% cj pbyscgmo lijky

*Pbk gkjtrmo fmja–s pbyscgmo lijky `kgrkmsks fy tbmt mliujt mj` cts @chctmo lijky cjgrkmsks fy tbk

smlk mliujt wbkj tbk jkw fmja trmjsekrs cts gmpctmo `chctmo lijky ti tbk Gkjtrmo fmja–s `chctmo

lijky.

Xbkj tbk jkwoy stmrtk` fmja ipkjs frmjgbks ct bms ti trmjsekr sueecgckjt mliujt ie cts `chctmo gmpctmo

lijky mj` pbyscgmo gmpctmo lijky cjti jkw frmjgbks– mggiujts ti stmrt tbk fuscjkss

* Pbk fmja sbmoo fk mooiwk` ti ipkrmtk mjy julfkr ie frmjgbks.

* Wilk pirtcij ie tbcs fmja gmpctmo lijky Qpbyscgmo mj` `chctmo lijky\ sbmoo fk trmjsekrrk` ti cts

frmjgb mggiujts ti kxgbmjhk gmsb wctb `chctmo lijky wctb gustilkrs.

*Xbkj m gustilkr wctb`rmws lijky mt tbk frmjgb ir cts MPL, tbk `chctmo lijky cj tbk gustilkr–s

mggiujt `kgrkmsks, mj` tbk `chctmo lijky cj tbk frmjgb mggiujt cjgrkmsks wbcok frmjgb–s pbyscgmo

lijky `kgrkmsks -Xbkj m gustilkr `kpiscts pbyscgmo lijky mt tbk frmjgb, tbk `chctmo lijky cj tbk

gustilkr–s mggiujt cjgrkmsks mj` tbk `chctmo lijky mt tbk frmjgb mggiujt `kgrkmsks mj` cts pbyscgmo

lijky cjgrkmsks

*Mt moo tclks tbk gmpctmo lijky Q`chctmo + pbyscgmo\ mt fmja frmjgbks sbiuo` rklmcj tbk smlk. Pbk

kxpkj`cturk gist ie moo frmjgbks sbiuo` fk pmc` eril tbk fmja–s gmpctmo lijky. Pbk fmja–s gmpctmo

lijky cj cts mggiujt mj` Q`chctmo lijky + pbyscgmo lijky\ cj moo cts frmjgbks– mggiujts cs tbk titmo

fmja–s gmpctmo lijky.

* Cjtkrkst pmylkjts ij oimjs, uskr gbmrhks skrvcgk gbmrhks sbiuo` fk m``k` ti tbk fmja gmpctmo.

Fmja–s cjctcmo gmpctmo cjgrkmsks wbkj cjtkrkst pmylkjts, uskr gbmrhks mj` skrvcgks gbmrhks mrk m``k` ti

tbk fmja gmpctmo. Pbk fmja gmpctmo `kgrkmsks wbkj fmjas spkj` lijky tiwmr`s smomrcks, stmtcijkry,

rkjts ktg.

* Eril tclk ti tclk tbk fmja sbmoo trmjsekr cts gmpctmo lijky ti frmjgbks ce jkgkssmry eir sliitb

eujgtcijcjh ie tbk frmjgbks.

*Fmja–s gmpctmo lijky sbiuo` fk usk` eir kxgbmjhk ie `chctmo lijky ir pbyscgmo lijky wctb gustilkrs

mj` pmycjh eir rujjcjh kxpkj`cturk.

* Pbk gustilkr gmj gbmjhk tbk bist fmja eir bcs mggiujt mt mjy tclk ce bk bms jit tmakj mjy oimjs

eril tbk fmja. Ce bk bms tmakj oimjs, bk bms ti rkpmy moo oimjs ti tbk prkskjt bist fmja fkeirk bk sbcets

bcs mggiujt ti tbk jkw bist fmja. Ce tbk jkw fmja mhrkks ti tmak moo gustilkrs– oimjs eril tbk prkskjt

bist mggiujt ti cts mggiujt tbkj tbk gustilkr gmj sbcet bcs mggiujt ti tbk jkw bist fmja wctbiut

rkpmycjh tbk oimjs ti tbk prkskjt bist fmja.

* Kmgb fmja sbmoo bmj`ok ij mj mvkrmhk 6,>>> mggiujts. Cj`cm jkk` ;,>>,>>> frmjgbks. Pbkrk sbmoo fklmjy fmjas wbcgb wcoo ruj fmjacjh fuscjkss tbriuhb tbiusmj`s ie frmgbks. Kvkry gctczkj sbiuo` bmvk m

fmja mggiujt mj` ct sbiuo` fk lm`k gilpuosiry. Kmgb fmja frmjgb wcoo bmvk mj MPL mt cts iwj

prklcsks. Pitmo julfkr ie MPLs


7/88



Lijky typks mj` lijky suppoy cj fmjacjh systkl

Lijky typks, pkrgkjtmhks mj` Uioulk ie lijky suppoy cj jkw kxpmj`k` fmjacjh systkl

Pitmo lijky suppoy < titmo `chctmo lijky 33.0% + titmo pbyscgmo lijky Q>.5%\

Pitmo pbyscgmo lijky < ^byscgmo lijky cj fmjas + pbyscgmo lijky mt tbk pufocg

Pitmo `chctmo lijky < gustilkr `chctmo lijky ? 30.;% + Fmja gmpctmo `chctmo lijky : ;.;%

Fmjas Pitmo gmpctmo lijky < Fmjas– gmpctmo `chctmo lijky + Fmjas– pbyscgmo lijky

Pitmo lijky suppoy < Fmjas titmo gmpctm lijky + gustilkr `chctmo lijkyGustilkr `chctmo lijky < Oimjs hkjkrmtk` fy fmjas ? 08.78% + Vkmo lijky ;6.57%

Vkmo lijky < Pitmo lijky suppoy ‗ Oimjs hkjkrmtk` fy fmjas

Fmja–s gmpctmo lijky sbiuo` fk lirk tbmj ==.==% ie titmo oimjs hkjkrmtk` fy m fmja

Fmja–s gmpctmo lijky sbiuo` fk lirk tbmj ;.;;% ie titmo `chctmo lijky ie moo gustilkrs ct bmj`oks

Pitmo lijky suppoy vmrcks fktwkkj > ti >.5%

Ce wk mssulk tbmt bmoe ie tbk titmo pbyscgmo lijky ie >.5% cs mt tbk pufocg tbkj tbk titmo

ujmggiujtk` lijky cj tbcs jkw fmjacjh systkl cs dust >.7% ie titmo lijky suppoy tbmt cs kqumo ti

>.7% ie H@^ vmouk. Ijoy tbcs slmoo >.7% ie titmo lijky suppoy wcoo fk ujmggiujtk` mj` iut ie tbk

kgijilcg systkl. Pbmt lkmjs 33.8 % titmo lijky suppoy cs euooy mggiujtk` mj` tbk fomga lijky wcoo

fk molist hijk.

Fmja gmpctmo lijky -=. Hivkrjlkjt sbiuo` hcvk ocgkjgks ti mjy cj`cvc`umo ir ecjmjgcmo cjstctutcij ir pufocg oclctk`

gilpmjcks wbcgb bmvk gmpctmo cjvkstlkjt ie lcjclul Vs. =>>> grirks.

6. Pbcs cs skgurcty `kpisct ti ruj fmjacjh fuscjkss.

7. Pbcs `kpisct cj Fmja–s Mggiujt cs fmja–s gmpctmo lijky. Ct cs gmook` ms ecxk` lijky ir stmtcg lijky

fkgmusk tbk fmja sbiuo` jit usk cts gmpctmo lijky ms oijh ms tbk fmja rujs fmjacjh fuscjkss. Ct sbiuo`

rklmcj ujtiugbk` fy tbk fmjas. Pbk fmja–s priect ocak cjtkrkst pmylkjts ij cts m`vmjgk, skrvcgks

gbmrhks, uskr gbmrhks wcoo fk m``k` ct cts gmpctmo lijky. Pbcs priect lijky hit eril cjtkrkst ij oimjs,

Pitmo lijky suppoy

^byscgmo lijky ->.5% @chctmo Lijky- 33.0%

^byscgmo lijky

mt pufocg

Gmpctmo ̂ byscgmo

lijky cj fmjas

mj` MPLs

Gustilkrs–

@chctmo lijky < ?

30.;%

Fmjas– gmpctmo

`chctmo lijky < :

;.;%

Fmjas– titmo gmpctmo lijky

Vkmo Lijky <

: ;6.57%

Fmjas– hkjkrmtk`

Oimjs/m`vmjgks <? 08.78%


8/88



skrvcgk gbmrhks mj` uskr gbmrhks gmj fk usk` ti pmy smomrcks mj` tiwmr`s itbkr ipkrmtcjh gists ie tbmt

fmja. Fmja–s priects mrk eril cjtkrkst pmylkjts, skrvcgk gbmrhks, iwjkrsbcp trmjsekr gbmrhks

Pbkrk lmy fk buj`rk`s ie fmjas cj tbk giujtry. Kmgb fmja lmy bmvk tbiusmj`s ie frmjgbks. Kmgb

fmja lmy bmjòk tbiusmj`s ie mggiujts. Pbkrk sbiuo` fk m fmja eir tbk pipuomtcij ie kvkry 6;>>

pkipok. Eir kxmlpok cj Cj`cm ct rkqucrks ;, >>,>>> fmja frmjgbks. Wi ij mj mvkrmhk m fmja wcoo bmjòk

riuhboy 6>>> mggiujts. QKvkry gctczkj mfivk tbk mhk ie =; ykmrs sbiuo` bmvk Lmcj Wmvcjhs Mggiujt\

Moo tbksk fmjas mrk uj`kr tbk titmo gijtrio ie Gkjtrmo Fmja.

=. Pitmo Lijky Wuppoy bmjòk` fy m fmja frmjgb Pbk lijky rkgir`k` cj mjy mggiujt cs gmook` `chctmo lijky. Pbk `chctmo lijky ie moo mggiujts bmjòk`

fy m fmja frmjgb cs titmo `chctmo lijky ct bmjòks mt m pmrtcguomr picjt ie tclk.

Pbk titmo `chctmo lijky bmjòk` fy m fmja frmjgb + tbk titmo pbyscgmo lijky mt tbk frmjgb mj` cj cts

MPL cs tbk titmo lijky suppoy bmjòk` fy tbk fmja frmjgb mt m pmrtcguomr picjt ie tclk

Pbk titmo oimj lijky/m`vmjgk hcvkj ti moo cts gustilkrs cs kqumo ti titmo oimj lijky/m`vmjgks hcvkj

fy tbmt frmjgb mt m hcvkj pmrtcguomr picjt ie tclk. Jitk- Moo tbksk echurk wcoo gijtcjuiusoy gbmjhk mt

kvkry trmjsmgtcijs lm`k mt tbk frmjgb

6. Pitmo Lijky Wuppoy bmjòk` fy m FmjaPbk `chctmo lijky bmjòk` fy moo cts frmjgbks mj` tbk fmja–s gmpctmo lijky cs tbk titmo `chctmo lijky

cj tbmt fmja mt m hcvkj pmrtcguomr picjt ie tclk.

Pbk titmo `chctmo lijky bmjòk` fy moo frmjgbks ie m fmja + tbk titmo pbyscgmo lijky mt moo tbk frmjgbks

mj` cj moo MPLs + tbk pbyscgmo lijky mt ct iwj gbkst + fmja–s gmpctmo lijky cs kqumo ti tbk titmo

lijky suppoy bmjòk` fy tbmt fmja mt m pmrtcguomr picjt ie tclk.

Pbk oimjs/m`vmjgks hcvkj fy moo tbk frmjgbks ie m fmja cs tbk titmo oimjs/m`vmjgks hcvkj fy tbmt fmja

mt m pmrtcguomr picjt ie tclk.

Pbk titmo lijky suppoy bmjòk` fy m fmja lcjus tbk titmo oimjs/m`vmjgks hcvkj < tbk titmo rkmo lijky

bmjòk` fy tbmt fmja.

Jitk- Moo tbksk echurk wcoo gijtcjuiusoy gbmjhk mt kvkry trmjsmgtcij.

Pbk titmo oimjs/m`vmjgks hcvkj fy m Fmja tbriuhb moo cts frmjgbks sbiuo` jit fk lirk tbmj 08.78% (ceGVV < =>%) ie tbk titmo lijky suppoy tbk fmja bmjòks. Pbmt lkmjs tbk titmo oimjs/oimjs hcvkj fy m

fmja tbriuhb moo cts frmjgbks sbiuo` jit fk lirk tbmj 3>% ie tbk titmo rkmo lijky tbk fmja

bmjòks. Cj itbkr wir`s tbk rkmo lijky bmjòk` fy mjy fmja sbiuo` fk mt tbk lcjclul okvko ie

;6.57% titmo lijky suppoy tbk fmja bmjòks. Jitk ‗ Pbksk rkstrcgtcijs ì jit mppoy mt tbk frmjgb

okvko.

Pbk titmo oimjs/m`vmjgk ie mjy fmja sbiuo` jit kxgkk` tbk 3 tclks tbk vmouk ie cts gmpctmo

lijky/skgurcty ̀ kpisct lijky.

Pbk titmo lijky suppoy tbmt gmj m fmja gmj bmjòk tbriuhb moo cts frmjgbks sbiuo` jit fk lirk tbmj

=2 tclks tbk vmouks ie cts gmpctmo lijky.

7. Lijky Wuppoy mt Gkjtrmo Fmja - Pitmo Lijky Wuppoy bmjòk` fytbk Gkjtrmo Fmja*Pbk `chctmo lijky bmjòk` fy moo fmjas cj m giujtry + tbk `chctmo lijky cj hivkrjlkjt mggiujt mj`tbk Gkjtrmo fmja–s `chctmo lijky < tbk titmo `chctmo lijky cj tbmt giujtry mt m pmrtcguomr picjt ie tclk.

*Pbk titmo `chctmo lijky Q@\ bmjòk` fy moo fmjas cj m giujtry + tbk titmo pbyscgmo lijky bmjòk` QG\fy moo fmjas mj` cj moo MPLs + tbk pbyscgmo lijky mt Gkjtrmo fmja QG=\ + `chctmo lijky Q@=\ mt Gkjtrmo

fmja + `chctmo lijky cj hivkrjlkjt mggiujt cs kqumo ti tbk titmo lijky suppoy cj tbk kjtcrk giujtry mt

m pmrtcguomr picjt ie tclk. Moo tbcs lijky suppoy wcoo fk gijtriook` mj` bmjòk` fy Gkjtrmo fmja.


9/88



*Oimjs/m`vmjgks hcvkj fy moo fmjas cj m giujtry mrk tbk titmo oimj lijky cj tbk giujtry.

*Pitmo lijky suppoy QA\ lcjus titmo Oimj lijky < titmo rkmo lijky cj tbk giujtry.Bkrk mrk tbk kxmlpoks ie M fmja–s frmjgb mggiujt, tbk fmja mggiujt mj` Gkjtrmo Fmja Mggiujt

M Fmja's Frmjgb Mggiujt liùok - @iwjoim` tbcs fmja mggiujt liùok eril wkfsctk ‗www.vcdmymvmrlm.gil ir www.scjhoktmx.irh

‗ M Fmja sbmoo bmvk lmjy frmjgbks. Pbk echurks cj Pmfok ‗ = sbiw tbk titmo vmouk ie lijky suppoy ie moo

mggiujts m frmjgb bmjòks. Pbksk echurks mrk hcvkj eir kxmlpok ijoy mj` tbky mrk clmhcjmry echurks

Pmfok ‗ = Echurks cj rupkks Qkxmlpok\^byscgmo

LijkyQM\

mt tbk frmjg

mj` cj MPL

Frmjgb

@chctmo

Lijky F

Pitmo pbyscgmo

Lijky mj`

@chctmo lijky ie

Frmjgb G> =,>>,>>,>>> =,=>,>>,>>> =3,=>,>>,>>> =2,>>,>>>,>> 3,67,8>,>>> 3,35,7>,>>>>

Pbk mfivk echurk sbiws ijk ie m fmja frmjgb–s lijky suppoy fmomjgk sbkkts mt m pmrtcguomr picjt

ie tclk. Pbkrk lmy fk tbiusmj`s ie frmjgbks m fmja ipkrmtks

M Fmja Mggiujt Liùok - Pmfok ‗ 6 sbiws m fmja–s guluomtcvk lijky suppoy fmomjgksbkkt ie moo cts frmjgbks mt m pmrtcguomr picjt ie tclk.

Echurks cj grirks Qkxmlpok\

Fmja

@chctmo

Gmpctmo

Lijky<

QF=\

Gmpctmo

^byscgmo

lijky

cj Fmja <

M=

Pitmo ^byscgmo

Lijky ie moo

Cts frmjgbks,

Cj MPLs

mj` cts gbkst< QM\

Pitmo gmpctmo

`chctmo

Lijky ie moo

Cts Frmjgbks +

Fmja `chctmogmpctmo

lijky < QF\

Fmja–s titmo

Gmpctmo lijky

Q@chctmo+pbyscg\

G < M+F

Pitmo `chctmo

lijky cj moo

mggiujts ie

cts frmjgbks

> ;> =;> 8,>>> 8,=;> =,6;,>>> =,76,=;>

Pitmo

oimj/m`vmjgks

ie moo

Frmjgbks

QK\

Oimj lijky

^krgkjtmhk

ti titmo

lijky suppoy

bmjòk` fy

moo

Cts frmjgbks

O

Pitmo

Vkmo lijky

E< G+@-K

< A-K

Fmjas ^riects<

Fmja prkskjt

Gmpctmo

Lijky ‗cjctcmo

Gmpctmo lijky

< ^

Fmja gmpctmo

Lijky rmtci

ti fmja–s

Pitmo ̀ chctmo

Lijky fmja

bmjòks <

] sbiuo` fk :

;.;% ie @

Fmja gmpctmo

lijky rmtci

ti titmo oimjs/

m`vmjgks <

V sbiuo` fk :

==.== % ie K

5=,=86 05.63% 8>382 :=/=2 ie @ :=/3 ie K

Pbk Gkjtrmo Fmja Mggiujt Liùok ‗ Pbcs cs mj kxmlpok ie gkjtrmo fmja mggiujt. Pbkrkwcoo fk ijoy ijk Gkjtrmo fmja uj`kr wbcgb moo fmjas ipkrmtk wctb tbiusmj`s ie frmjgbks mt tbk


10/88


bttp4//www.iptclmotmxmtcij.jkt www.scjhoktmx.irh vcdmym arusbjm vmrlm ^mhk =>

rmtci ie ijk fmja frmjgb eir kvkry 6;>> pkipok cj m giujtry. Pbk Gkjtrmo fmja mggiujt bmjòks

tbk guluomtcvk lijky suppoy cj tbk giujtry msscstk` fy lmjy fmjas tbriuhb tbiusmj`s ie

frmjgbks.

Pmfok- 7 Echurks cj grirks Qkxmlpok\ sbiws titmo lijky suppoy cj tbk kgijilcg systkl ipkrmtk` fy

Gkjtrmo Fmja tbriuhb moo cts ocgkjsk` fmjas wctb omabs ie frmjgbks tbmt mrk kqumo ti ijk frmjgb eirkvkry 6>>> pkipok

Pitmo

^byscgmo

Lijky cj

Gkjtrmo

fmja

QM=\

Pitmo

`chctmo

lijky

ie

gkjtrmo

fmja

QF=\

Pitmo

@chctmo

Gmpctmo

Lijky

Ie moo

Fmjas <

QF6\

Pitmo oimjs/

M`vmjgks

hcvkj fy moo

fmjas QK\

Pitmo pbyscgmo

Gmpctmo

Lijky ie moo

Frmjgbks ie

Moo fmjas <

M6

Pitmo gmpctmo

Lijky Q`chctmo +

^byscgmo\ ie moo

Fmjas G

< M6 + F6

Pitmo `chctmo

lijky cj moo gustilkr

mggiujts cj moo

frmjgbks

ie moo fmjas cj tbk

giujtry < @

;>>> 6>>>>> 0,>>,>>> 75,02,;=7 0;>>> 0,0;,>>> 80,2;,>>>

Pitmo

Lijky

Wuppoy

Cj tbk

Giujtry

A < M=+M6+

@+F=+F6

Pitmo

Vkmo

Lijky

E < A - K

Pitmo

Eirkchj

Kxgbmjhk

B

Oimj lijky

% ti titmo

lijky

suppoy

O

Gmpctmo

Lijky sbmrk

Pi titmo

@chctmo

Lijky ie

Moo gustilkrs

]

: ;.; % ie @

Gmpctmo

Lijky

sbmrk ti

Pi titmo

Oimjs

Hkjkrmtk`

V sbiuo` fk

: ==.==%

ie K

2=,7;,>>> 00,25,028 $=>>>>> 00.20% =/=5.2 =/2.6

* Pbk lcjclul gmpctmo ti ruj fmjacjh fuscjkss sbiuo` fk Vs =>>> Grirk.

=. Pbk fmja gmj hkjkrmtk oimj lijky up ti 08.78% vmouk ie titmo `chctmo lijky ct bmjòks cj moo

mggiujts tbriuhb moo cts frmjgbks.

6. Pbk titmo oimjs/m`vmjgk sbiuo` jit kxgkk` 3 tclks tbk vmouks ie cts iwj gmpctmo lijky

7. Pbk titmo `chctmo lijky cj moo gustilkrs– mggiujts ct bmjòks sbiuo` jit kxgkk` =2 tclks tbk vmouk ie

tbk fmja–s gmpctmo lijky.

0. Pbk titmo `chctmo lijky cj moo gustilkrs– mggiujts + tbk titmo fmja gmpctmo lijky Q`chctmo lijky mj`

pbyscgmo lijky\ < tbk titmo lijky suppoy ct bmjòks

;. Fmja–s gmpctmo lijky sbiuo` jit fk okss tbmj =/=2 tclks tbk vmouk ie tbk titmo `chctmo lijky cj moo cts

gustilkrs– mggiujts ct bmjòks. Ct sbiuo` jit fk okss tbmj =/3 tclks tbk titmo oimjs ct hkjkrmtk`.

5. Pbk titmo lijky suppoy ‗ titmo oimjs hkjkrmtk` < Vkmo Lijky

8. Pbk rkmo lijky sbiuo` mowmys fk lirk tbmj ;6.78% titmo lijky suppoy m fmja bmjòks

2. Pbk hkjkrmtk` oimj lijky /m`vmjgks wcoo fk m``k` ti tbk gustilkrs– `chctmo lijky mj` lijky

suppoy cjgrkmsks. Xbkj fmja hkjkrmtks lijky tbk lijky suppoy cjgrkmsk


11/88


bttp4//www.iptclmotmxmtcij.jkt www.scjhoktmx.irh vcdmym arusbjm vmrlm ^mhk ==

3. Xbkj gustilkr rkpmys oimjs tbk oimj hkjkrmtk` fy m fmja `kgrkmsks mj` lijky suppoy `kgrkmsks.

=>. Pbk cjtkrkst pmc` wcoo fk m``k` ti fmja–s gmpctmo lijky mj` ct cjgrkmsks. Lijky suppoy rklmcjs tbk

smlk wbkj cjtkrksts ij oimjs mrk pmc`.

*Kmgb gustilkr sbiuo` fk mooiwk` ti wctb`rmw ijoy Vs ;,>>> pkr lijtb eril bcs/bkr smvcjhs mggiujt

kvkj tbiuhb bk/sbk bms buhk mliujt ie lijky cj bcs/bkr smvcjhs mggiujt. Pbk gustilkr bms ti spkj`

bcs/bkr rklmcjcjh kmrjcjh tbriuhb `kfct gmr`, gbkquk ir ijocjk lijky trmjsekrs. Pbk lijtboy

wctb`rmwmo oclct cj gmsb sbiuo` fk Vs. ;>>> pkr lijtb.

*Pitmo pbyscgmo lijky ie m Fmja < titmo lijky cj cts iwj gbkst mj` mt moo cts frmjgbks mj` MPLs

Fmja gmpctmo lijky < Ct–s cjctcmo gmpctmo mliujt + priects ce mjy

Pitmo `chctmo lijky < Pitmo `chctmo lijky cj moo gustilkrs– mggiujts bmjòk` fy moo frmjgbks mj` fmja–s

iwj `chctmo gmpctmo lijky.

Pitmo oimj lijky < Pitmo oimj lijky hcvkj fy moo cts frmjgbks. Pbk titmo oimjs/m`vmjgks sbiuo` jit fk

lirk tbmj 3>% ie tbk titmo rkmo lijky cj moo mggiujts ct bmjòks mj` ct sbiuo` jit fk lirk tbmj

08.78% ie titmo lijky suppoy cj tbmt fmja. Pitmo rkmo lijky < Pitmo lijky suppoy - Pitmo oimj lijky.

Pitmo julfkr ie MPLs >

pkipok. Kmgb fmja frmjgb wcoo bmvk mj MPL mt cts iwj prklcsks. Lijky wcoo fk put cj tbk MPL

lmgbcjks fy fmja frmjgbks. Wi Ji tbcr` pmrty ir mhkjgcks mrk rkqucrk` ti `kpisct gmsb cj tbk MPLs.

Pbk lijky suppoy gbmjhk mt kvkry trmjsmgtcij tbmt tmaks pomgk mt m frmjgb ir mt m

fmja ir mt tbk Gkjtrmo fmja QEril mfivk tmfoks\ Lijky gbmjhks Liùok

@iwjoim` lijky gbmjhks liùoks eril wkfsctk - www.vcdmymvmrlm.gil

Eujgtcij -=Xbkj m gustilkr `kpiscts pbyscgmo lijky cj bcs/bkr mggiujt mt m fmja

Pbk `chctmo lijky @ cjgrkmsks cj bcs/bkr LWM/WWM mggiujt

Pbk `chctmo lijky mt fmja frmjgb `kgrkmsks

Pbk pbyscgmo lijky mt frmjgb cjgrkmsks

Pbk vmouks ie A mj` E cjgrkmsk mt fmja frmjgb

Pbk vmouks ie M,@, A, E cj Fmja mggiujt cjgrkmsk, tbk vmouks ie F, O cj fmja mggiujt `kgrkmsk

Pbk vmouks ie M6, @, A, mj` E cjgrkmsk mt Gkjtrmo Fmja, tbk vmouks ie F6, O `kgrkmsks mt Gkjtrmo Fmja

Eujgtcij ‗ 6Xbkj m pkrsij wctb`rmws lijky eril MPL ir mt m fmja frmjgb@chctmo Lijky @ `kgrkmsks cj bcs/bkr LWM/WWM mggiujt

@chctmo lijky F cjgrkmsks mt frmjgb mggiujt

^byscgmo lijky M mt fmja frmjgb `kgrkmsks

Pbk vmouks ie F, O cjgrkmsk cj Fmja mggiujt, tbk vmouks ie M, @, A, E `kgrkmsk cj Fmja mggiujt

Pbk vmouks ie F6, O cjgrkmsk cj Gkjtrmo Fmja mggiujt, tbk vmouks ie M6, @, A, mj` E `kgrkmsk cj Gkjtrmo

Fmja mggiujt

Eujgtcij -7Xbkj lijky trmjsekrs eril ijk mggiujt ti mjitbkr mggiujt tbriuhb ijocjk trmjsekr,

`kfct gmr` ir gbkquk - Cjtrm fmja trmjsekrPbk `chctmo lijky cj tbk cj tbk @ trmjsekrir mggiujt `kgrkmsks, mj m``ctcijmo 0% QPI^ PMR\ ie tbcs

mliujt eril trmjsekrir mggiujt wcoo fk trmjsekrrk` ti Gkjtrmo mj` Wtmtk fmja gilfcjk` Mggiujt mj`

cts @chctmo lijky cjgrkmsks.

Pbk `chctmo lijky cj tbk trmjsekrkk mggiujt cjgrkmsks


12/88


bttp4//www.iptclmotmxmtcij.jkt www.scjhoktmx.irh vcdmym arusbjm vmrlm ^mhk =6

Pbk vmouks ie @, E cj frmjgb mggiujt `kgrkmsk

Pbk vmouks ie O cjgrkmsks cj Fmja mggiujt, tbk vmouks ie @, A, mj` E `kgrkmsk cj Fmja mggiujt

Eujgtcij -0Xbkj lijky trmjsekrs eril ijk mggiujt ti mjitbkr mggiujt tbriuhb ijocjk trmjsekr,

`kfct gmr` ir gbkquk ‗ Cjtkr-fmja trmjsekrPbk `chctmo lijky cj tbk cj tbk trmjsekrir mggiujt `kgrkmsks, mj` m``ctcijmo 0% QPI^ PMR\ ie tbcs

mliujt eril trmjsekrir mggiujt wcoo fk trmjsekrrk` ti Gkjtrmo mj` Wtmtk fmja Mggiujt mj` cts @chctmo

lijky cjgrkmsks.

Pbk vmouks ie @, E, mj` A `kgrkmsk cj trmjsekrir frmjgb mj` fmja mggiujts mj` O cjgrkmsk

Pbk vmouks ie @, E, mj` A cjgrkmsk cj trmjsekrkk frmjgb mj` fmja mggiujts mj` O `kgrkmsk

Eujgtcij ; - Xbkj m gustilkr sbcets bcs mggiujt wctb silk `chctmo lijky cj bcs mggiujt QJitk-Wmvcjhs mggiujts cj tbcs jkw fmjacjh systkl mrk pirtmfok mggiujts wctb smlk mggiujt julfkrs\ eril

ijk frmjgb ti mjitbkr frmjgb ie tbk smlk Fmja Qcjtrm fmja smvcjhs mggiujt trmjsekr\ ‗ Pbk vmouks ie

@, A, E `kgrkmsk cj tbk prkskjt frmjgb mggiujt. Pbk vmouks ie @, A, mj` E cjgrkmsk cj tbk jkw bist fmja

frmjgbEujgtcij ; M - Xbkj m gustilkr sbcets bcs mggiujt QJitk- Wmvcjhs mggiujts cj tbcs jkw fmjacjhsystkl mrk pirtmfok mggiujts wctb smlk mggiujt julfkrs\ eril ijk frmjgb ti mjitbkr frmjgb ie tbk

`ceekrkjt Fmja Qcjtkr - fmja smvcjhs mggiujt trmjsekr\

Pbk gustilkr gmj gbmjhk tbk bist fmja eir bcs mggiujt mjy tclk ce bk bms jit tmakj mjy oimjs eril tbk

fmja. Ce bk bms tmakj oimjs eril tbk prkskjt bist fmja, bk bms ti rkpmy moo oimjs fkeirk bk sbcets bcs

mggiujt ti tbk jkw bist fmja. Ce tbk jkw fmja mhrkks ti tmak moo gustilkrs– oimjs eril tbk prkskjt

bist mggiujt ti cts mggiujt tbkj tbk gustilkr gmj sbcet bcs mggiujt ti tbk jkw bist fmja wctbiut

rkpmycjh tbk oimjs ti tbk prkskjt bist fmja.

Eujgtcij ; F Xbkj m gustilkr sbcets bcs mggiujt wctbiut oimjs cj bcs mggiujtPbk vmouks ie @, A, mj` E `kgrkmsk cj tbk prkskjt bist frmjgb.

Pbk vmouks ie @, A, mj` E `kgrkmsk cj tbk prkskjt bist fmja

Pbk vmouks ie O mj` ] cjgrkmsk cj tbk prkskjt bist fmja

Pbk vmouks ie @, A, mj` E cjgrkmsk cj tbk jkw bist frmjgb

Pbk vmouks ie @, A, mj` E cjgrkmsk cj tbk jkw bist fmja

Pbk vmouks ie O mj` ] `kgrkmsk cj tbk jkw bist fmja

Eujgtcij ; G Xbkj m gustilkr sbcets bcs mggiujt wctb silk `chctmo lijky cj bcs mggiujt mj` wctbmoo oimjs cj bcs mggiujt ce tbk bist fmja mhrkks ti tmak moo oimjs

Pbk vmouks ie @, A, mj` K `kgrkmsk cj tbk prkskjt bist frmjgb mggiujt mj` cts fmja mggiujt

Pbk vmouk ie ] mj` V cjgrkmsks cj tbk prkskjt bist fmja mggiujt

Pbk vmouk ie E `kgrkmsks wbkj gustilkr–s `chctmo lijky @ cs : gustilkr–s Oimjs

Pbk vmouk ie E cjgrkmsks wbkj gustilkr–s `chctmo lijky @ cs ? gustilkr–s Oimjs

Pbk vmouk ie O cjgrkmsks wbkj gustilkr–s @ cs : gustilkr–s oimjs cj tbk prkskjt bist fmja mggiujt

Pbk vmouks ie O `kgrkmsks wbkj gustilkr–s @ cs ? gustilkr–s oimjs cj tbk prkskjt bist fmja mggiujt

Pbk vmouks ie @, A, mj` K cjgrkmsk cj tbk jkw bist frmjgb mj` cj tbk jkw bist fmja

Pbk vmouk ] mj` V `kgrkmsks cj tbk jkw bist fmja mggiujt

Pbk vmouk ie E cjgrkmsks wbkj gustilkr–s `chctmo lijky @ cs : gustilkr–s Oimjs

Pbk vmouk ie E `kgrkmsks wbkj gustilkr–s `chctmo lijky @ cs ? gustilkr–s Oimjs

Pbk vmouk ie O `kgrkmsk wbkj gustilkr–s @ cs : gustilkr–s oimjs cj tbk jkw bist fmja mggiujt

Pbk vmouks ie O cjgrkmsk wbkj gustilkr–s @ cs ? gustilkr–s oimjs cj tbk jkw bist fmja mggiujt


13/88



Eujgtcij ;Xbkj fmja hcvks oimjs

Pbk gustilkr `chctmo lijky cjgrkmsk

Pbk vmouks ie @, K, mj` A cjgrkmsk mt fmja frmjgb

Pbk vmouks ie @, A, K, mj` O cjgrkmsk cj Fmja mggiujt, tbk vmouks ie ], V `kgrkmsk

Pbk vmouks ie @, A, K, mj` O cjgrkmsk cj Gkjtrmo Fmja Mggiujt, tbk vmouks ie ], V `kgrkmsk

Eujgtcij 5Xbkj oimjs Qprcjgcpok\ mliujt mrk rkpmc`Pbk gustilkr ̀ chctmo lijky ̀ kgrkmsk

Pbk vmouks ie @, K, mj` A `kgrkmsk mt fmja frmjgb

Pbk vmouks ie @, A, mj` O `kgrkmsk cj Fmja mggiujt, tbk vmouks ie ], V cjgrkmsk

Pbk vmouks ie @, A, K, mj` O `kgrkmsk cj Gkjtrmo Fmja mggiujt, tbk vmouks ie ], V cjgrkmsk

Eujgtcij 5 M

Xbkj cjtkrkst ij oimjs mrk pmc`Pbk `chctmo lijky cj gustilkr mggiujt `kgrkmsk

Pbk vmouks ie F mj` G cjgrkmsk cj frmjgb mggiujt, tbk vmouks ie @ `kgrkmsk

Pbk vmouks ie F, G, ^, ], mj` V cjgrkmsk cj Fmja mggiujt, tbk vmouk ie @ `kgrkmsk

Pbk vmouks ie F6, G, ], V cjgrkmsk cj Gkjtrmo Fmja mggiujt, tbk vmouk ie @ `kgrkmsk

Eujgtcij 8 M - Pbk uskr gbmrhks, skrvcgks gbmrhks ij rkhcstrmtcijs mj` iwjkrsbcp trmjsekr rchbtseir livmfok mj` cllivmfok pripkrtcks ocak omj`s, poits, eomts, vkbcgoks, hio` sbmrks ktg. wcoo fk m``k` ti

fmja– gmpctmo lijky. Pbk fmja–s gmpctmo lijky cjgrkmsk wbkjkvkr tbk mfivk gbmrhks mrk pmc` mj`

m``k` ti fmja–s gmpctmo lijky ̀ kgrkmsks wbkjkvkr fmjas pmy smomrcks mj` itbkr ipkrmtcjh kxpkjsks

Pbk vmouks ie F mj` G cjgrkmsk cj frmjgb mggiujt, tbk vmouks ie @ `kgrkmsk

Pbk vmouks ie F, G, ^, ], mj` V cjgrkmsk cj Fmja mggiujt, tbk vmouk ie @ `kgrkmsk

Pbk vmouks ie F6, G, ], V cjgrkmsk cj Gkjtrmo Fmja mggiujt, tbk vmouk ie @ `kgrkmsk

Eujgtcij 8 FXbkj fmja spkj`s lijky tiwmr`s smomrcks, rkjts, stmtcijkry ktg.Pbk mliujt cj cts gmpctmo `kgrkmsks.

Pbk `chctmo mliujts cj rkgcpckjts– LWMs/WWMs - @ cjgrkmsk.

Pbk vmouks ie F mj` G `kgrkmsk cj frmjgb mggiujt, tbk vmouks ie @ cjgrkmsk

Pbk vmouks ie F, G, ^, ], mj` V `kgrkmsk cj Fmja mggiujt, tbk vmouk ie @ cjgrkmsk

Pbk vmouks ie F6, G, ], V `kgrkmsk cj Gkjtrmo Fmja mggiujt, tbk vmouk ie @ Cjgrkmsk

Pbkrk wcoo fk ji gbmjhks cj tbk Gkjtrmo fmja mggiujt

Eujgtcij 2Xbkj pmylkjts mrk lm`k ti tbk eirkchj mggiujts

M\ Pbk `chctmo mliujt @ cj LWM/WWM ie trmjsekrir `kgrkmsks.

F\ Pbk vmouks ie @ mj` E `kgrkmsks cj frmjgb–s mggiujt, tbk vmouks ie @, E mj` A wcoo `kgrkmsk cj tbk

fmja–s mggiujt, tbk vmouks ie G, @ mj` B cj gkjtrmo fmja mggiujt `kgrkmsks, tbk vmouk ie F= cj gkjtrmo

fmja mggiujt cjgrkmsks.

Eujgtcij 3Xbkj eirkchj rklcttmjgks gilk ti Cj`cm


14/88



Pbk vmouk Eirkchj kxgbmjhk QB\ cj gkjtrmo fmja mggiujt cjgrkmsks

M\ Pbk `chctmo lijky @ cj gustilkr mggiujt cjgrkmsks.

F\ Pbk vmouks ie @ mj` E cjgrkmsks cj frmjgb–s mggiujt, tbk vmouks ie @, E mj` A wcoo cjgrkmsk cj tbk

fmja–s mggiujt, tbk vmouks ie G mj` B cj gkjtrmo fmja mggiujt cjgrkmsks, tbk vmouk ie F= cj gkjtrmo fmja

mggiujt `kgrkmsk mj` tbk vmouk ie @ cj Gkjtrmo fmja cjgrkmsk

Jitk ‗ Pbkrk sbiuo` fk Gkjtrmo fmja frmjgbks mt moo cjtkrjmtcijmo mcrpirts. Moo cjgilcjh pmsskjhkrs

sbiuo` `kpisct tbk eirkchj gurrkjgy ̀ ioomrs, Kuris ktg., friuhbt wctb tbkl eril mfrim`, cj tbk fmjas mt

tbk mcrpirt fkeirk tbky okmvk iut ie mcrpirt. Pbk kqumoocjh vmouk ie Cj`cmj gurrkjgy wcoo fk grk`ctk` ti

tbkcr LWM–s

Gmrrycjh mj` bio`cjh ie mjy eirkchj gurrkjgy mjywbkrk cj Cj`cm iutsc`k tbk prklcsks cjtkrjmtcijmo

mcrpirts sbiuo` fk fmjjk`.

Eujgtcij =>Xbkj Cj`cmj gurrkjgy hiks iut ie giujtry wbcok clpirts ir eirkchj tiurs ir eirkchj cjvkstlkjts

Pbk vmouk Eirkchj kxgbmjhk QB\ cj gkjtrmo fmja mggiujt `kgrkmsks

Pbk vmouk ie `chctmo lijky QF=\ mt Gkjtrmo Fmja cjgrkmsks, tbk titmo `chctmo lijky ie moo fmjas Q@\

rkgir`k` mt Gkjtrmo Fmja `kgrkmsks. Fut Pitmo lijky suppoy QA\ rkgir`k` cj tbk Gkjtrmo Fmja rklmcjstbk smlk.

Pbk mliujt cj LWM/WWM ie mggiujt bio`kr, wbi clpirts ir jkk` eirkchj kxgbmjhk eir vmrcius rkmsijs

`kgrkmsks,

Pbk vmouks ie Q@\ mj` QE\ wcoo `kgrkmsk cj frmjgb–s mggiujt1 tbk vmouks ie Q@\, QE\ mj` QA\ wcoo `kgrkmsk

cj tbk fmja–s mggiujt. Pbk oimj pkrgkjtmhk ti lijky suppoy cj tbmt fmja cjgrkmsks.

Jitk ‗ Pbkrk sbiuo` fk Gkjtrmo fmja frmjgbks mt moo cjtkrjmtcijmo mcrpirts. Moo iuthicjh pmsskjhkrs,

wbi hi mfrim` mj` jkk` eirkchj kxgbmjhk, gmj tmak `ioomrs ir Kuris eril fmja frmjgbks mt tbk

mcrpirt. Pbk kqumoocjh vmouk ie Cj`cmj gurrkjgy wcoo fk `kfctk` eril tbkcr LWM–s

Jitk - Gmrrycjh mj` bio`cjh ie mjy eirkchj gurrkjgy mjywbkrk cj Cj`cm iutsc`k tbk prklcsks

cjtkrjmtcijmo mcrpirts sbiuo` fk fmjjk`.

Eujgtcij ==Kvkry ykmr, m``ctcijmo rkmo lijky kqumoocjh ;6.57% ie tbk vmouk ie tbk hriwtb cj tbk H@^, sbiuo` fk

m``k` ti tbk Hivkrjlkjt mggiujt (iut ie tbcj mcr) mt tbk tclk fu`hkt prkskjtmtcij ti gbkga `keomtcij

mj` rkgksscij. Pbk m``ctcijmo lijky tbmt sbiuo` fk m``k` kvkry ykmr < ;6.57% x Qvmouk ie H@^ ie

prkskjt ykmr - tbk vmouk ie H@^ ie prkvcius ykmr\. Pbmt lkmjs tbkrk wcoo fk erksb rkmo lijky irchcjmtk`

eril Hivkrjlkjt mggiujt kvkry ykmr tbmt cs kqumo ti tbk vmouk ie ;6.57% ie hriwtb rmtk ie H@^.

33.0% ie tbcs m``ctcijmo lijky sbmoo fk m``k` ms `chctmo lijky `crkgtoy cjti tbk Gkjtrmo Hivkrjlkjt

mggiujt

>.5% ie tbcs m``ctcijmo lijky sbmoo fk m``k` cj tbk eirl ie pbyscgmo lijky ms Vs =>, Vs 6> mj` Vs 7> cj

gurrkjgy jitks mj` Vs. ;, Vs, 6 Vs = gicjs

Pbcs pbyscgmo lijky sbiuo` fk `kpisctk` cj tbk gbksts ie Gkjtrmo Fmja.

Xbkj m``ctcijmo lijky cs m``k` ti Hivkrjlkjt mggiujt ir Gkjtrmo fmja mggiujt rkmo lijky QE\ mj`

titmo lijky suppoy QA\ cjgrkmsks

Xbkj hivkrjlkjt spkj`s lijky tbriuhb sigcmo wkoemrk sgbklks mj` cjvkstlkjt cjermstrugturk

pridkgts tbcs m``ctcijmo lijky wcoo lcjhok cj tbk kxcstcjh lijky suppoy

Pbk lijky cj LWMs, WWMs mj` GMJs cjgrkmsks

Pbk vmouk ie `chctmo lijky Q@\ mj` Pitmo rkmo lijky QE\ mt frmjgb mggiujt cjgrkmsk Qtmfok -=\

Pbk pkrgkjtmhk ie oimj lijky ti tbk rkmo lijky QE\ `kgrkmsks


15/88


bttp4//www.iptclmotmxmtcij.jkt www.scjhoktmx.irh vcdmym arusbjm vmrlm ^mhk =;

Pbk vmouks ie `chctmo lijky Q@\ mj` Pitmo rkmo lijky QE\ mj` titmo lijky suppoy QA\ ie fmja mggiujt

wcoo cjgrkmsk Qtmfok -6\

Pbk vmouks ie titmo `chctmo lijky Q@\ rkmo lijky QE\ mj` lijky suppoy QA\ cjgrkmsk mt Gkjtrmo Fmja

Pbk vmouk ie QG\ mt Gkjtrmo fmja cjgrkmsk

Eujgtcij =6Xbkj erksb lijky cs prcjtk` ct ecrst sbiuo` fk m``k` ti tbk Gkjtrmo fmja–s gbksts.M\ Pbk vmouk ie G= mj` A cjgrkmsks cj gkjtrmo fmja mggiujt

Eujgtcij =6

Xbkj fmja jkk` pbyscgmo lijky, tbkj tbk kqumoocjh `chctmo lijky eril cts Gmpctmo QL\ sbiuo` fk

trmjsekrrk` ti Gkjtrmo fmja. Pbk pbyscgmo lijky eril tbk gbkst ie Gkjtrmo Fmja wcoo fk rkokmsk` ti tbk

fmja wbcgb trmjsekrrk` `chctmo lijky ti tbk gkjtrmo fmja

F\ Pbkj tbk vmouks ie G= `kgrkmsks mj` tbk vmouks ie @= cjgrkmsks cj Gkjtrmo fmja mggiujt

G\ Pbk vmouk ie G cjgrkmsks cj Fmja–s mggiujt mj` tbk vmouks ie Fmja–s L `kgrkmsks. Fut tbk titmo

lijky suppoy QA\, cj tbk fmja wcoo rklmcj tbk smlk. Pbk pbyscgmo lijky gmj mosi cjtkrgbmjhk`

fktwkkj tbk `ceekrkjt fmjas wctb `chctmo lijky.

Jitk- Kvkry fmja frmjgb sbiuo` bmvk cts iwj MPL cj cts fmja–s prklcsks. Mt tbk rmtci ie ijk fmjafrmjgb eir kvkry 6;>> pkipok tbkrk wiuo` fk ;>>>>> omab fmja frmjgbks mj` MPLs cj tbk giujtry.

Pbmt lkmjs tbkrk wiuo` fk m fmja frmjgb mj` MPL cj kvkry vcoomhk mj` m gioijy cj urfmj mrkms. Wi

tbkrk wiuo` fk ji jkk` ti lmcjtmcj skpmrmtk MPLs iutsc`k fmja frmjgb prklcsks. Pbcs frmjgb sbiuo`

lmcjtmcj lijky cj cts iwj MPL. Pbk `kpisctk` lijky mt tbk frmjgb sbiuo` fk usk` ti gmsb

wctb`rmwmos mj` lijky rkpokjcsblkjt cj tbk MPL. Ce tbkrk cs sbirtmhk ie lijky mt mjy fmja frmjgb,

cts bkm` fmja sbiuo` m`dust lijky ti moo cts frmjgbks. Ji tbcr` pmrty sbiuo` fk hcvkj dif ie puttcjh

lijky cj tbk MPL–s.

[otclmtk Pmx Vkeirls gmj fk mgbckvk` tbriuhb ocfkrmocsk` fmjacjh skgtir- Xctb ocfkrmocsk` fmjacjh

ocgkjsk fmjacjh skrvcgks gmj fk kxpmj`k` mt tbk rmtci ie ijk frmjgb eir kvkry 6,;>>

pkipok mj` moo gctczkjs mrk hcvkj Lmcj Wmvcjhs MggiujtsPbk Lmcj Wmvcjhs Mggiujt cj tbk kxpmj`k` fmjacjh systkl wcoo bkop Hivkrjlkjt mfiocsb moo @crkgt mj`

Cj`crkgt tmxks mggilpmjck` fy tmx omws, mggiujtcjh, mu`ctcjh mj` tmx rkturjs. [otclmtk Pmx rkeirls wcoo

rkockvk 8 fcoocij pkipok ie tbk wiro` eril tbk gifwkf ie mlfchuius mj` gilpokx tmx strugturks,

poktbirm ie tmx omws, lmj`mtiry mj` gulfkrsilk mggiujtcjh, mu`ctcjh, tmx rkturjs mj` gijskqukjt

qumhlcrk ie moo tmx rkomtk` gmsks. @iwjoim` tbk Lmcj Wmvcjhs Mggiujt liùok

bttp4//vcdmymvmrlm.gil/wp-gijtkjt/upoim`s/6>=0/>2/Lmcj-Wmvcjhs-

Mggiujt-UMVLM.xosx

bttp4//tmxrkeirls.jkt/wp-gijtkjt/upoim`s/6>=6/>5/Lmcj-Wmvcjhs-Mggiujt-

UMVLM.xosx

Pbk wiracjh liùoks eir kxpmj`k` fmjacjh systkl mrk mvmcomfok

ij wkfsctks ti ìwjoim` www.vcdmymvmrlm.gil www.scjhoktmx.irh

Pbk ocfkrmocsk` ocgkjsk piocgy cs eir tbk purpisk ie privc`cjh m fmjacjh skrvcgk eir

kvkry gctczkj ie tbk giujtry.


16/88



* Pbkrk sbiuo` fk ijk fmja frmjgb eir kvkry 6;>> pkipok. Pbmt lkmjs tbkrk sbiuo` fk m fmja frmjgb

cj kvkry vcoomhk ir gioijy wctb m pipuomtcij ie 6;>> pkipok. Cj`cm jkk` ;,>>,>>> fmja frmjgbks mj`

lcjclul ie =; omab fmja klpoiykks. Wkk Fmja–s ipkrmtcjh gist mj` priects ij pmhk ;8 ijwmr`s.

* Pbk hivkrjlkjt sbiuo` fkmr kjtcrk gist ie tbk rkjtmo gbmrhks, cjtkrjkt gbmrhks mj` gurrkjt gbmrhks

ie fmja frmjgbks sctumtk` cj rurmo mrkms ti prilitk kstmfocsbcjh fmja frmjgbks mt tbk rmtci ie ijk

frmjgb eir kvkry pipuomtcij 6;>> ti 7>>> pkipok.

Luotc `clkjtcijmo Lmcj Wmvcjhs Mggiujt - Ct cs tbk lmcj akko ietbcs rkstrugturk` fmjacjh. @iwjoim` tbk liùok ie Lmcj Wmvcjhs Mggiujt eril tbk wkfsctk

www.vcdmymvmrlm.gil ir www.scjhoktmx.irh

ûrpisk ie tbcs luotc `clkjscijmo mggiujt=. Pbcs smvcjhs mggiujt gmj fk usk` eir rkgkcvcjh, stircjh mj` spkj`cjh ie lijky.

6. Ct gmj fk usk` eir fuycjh, skoocjh mj` bio`cjh pripkrty rchbts ie cllivmfok pripkrtcks ocak omj`s,

poits, eomts mj` gillkrgcmo kstmfocsblkjts.

7. Ct gmj usk` eir fuycjh, skoocjh mj` bio`cjh pripkrtcks rchbts ie livmfok pripkrtcks ocak vkbcgoks,

hio` ktg.

0. Ct gmj usk` eir fuycjh, skoocjh mj` bio`cjh sbmrks

;. Ct gmj fk usk` eir hkttcjh `rcvcjh ocgkjsk, pmsspirt, fcrtb gkrtcecgmtk, vitkr C@ gmr̀ , rmtcij gmr`,

pkjscij, rkocke euj`s, sufsc`cks, mj` gilpkjsmtcij.

Mppocgmtcij ie tbcs jkw rkstrugturk` fmjacjh systkl4- Fmjacjh cs kxpmj`k` si tbmt tmxmtcij, tmx

giookgtcijs, tmx kjeirgklkjt, tmx gilpocmjgk, rkhcstrmtcij `kpmrtlkjts, pmss pirt ieecgks, omj`

rkhcstrmtcij `kpmrtlkjts, vkbcgok rkhcstrmtcij `kpmrtlkjts, sbmrk trmjsmgtcijs, ûfocg `cstrcfutcij

systkl, gkjsus `kpmrtlkjt, rkvkjuk `kpmrtlkjt gmj fk ujceck` mj` cjtkhrmtk` cj tbcs jkw fmjacjh

systkl.

Wmockjt ekmturks

Euooy ocfkrmocsk` mj` skoe rkhuomtcjh fmjacjh skgtir=. Mutilmtcg m`dustlkjt ie lijky suppoy cj fmjacjh systkl wctbiut mjy kxtkrjmo rkhuomtirs

6. Ji kxtkrjmo rkhuomtirs jkk`k` ti gijtrio cjeomtcij mj` ̀ keomtcij.

7. îrtmfok smvcjhs mggiujt. Gustilkrs gmj sbcet tbkcr mggiujts wctb smlk mggiujt julfkr eril ijk

fmja ti mjitbkr fmja mt mjy tclk wctbiut jkk` eir goiscjh tbkcr mggiujts cj tbk pmst fmja mj`

ipkjcjh cj tbk jkw fmja.

0. îrtmfok smvcjhs mggiujt julfkr. Ct cs vmoc`, mgtcvk, pkrlmjkjt mj` pirtmfok ùrcjh bcs/bkr kjtcrk

ocek pkrci` eril tbk tclk ct wms hcvkj mj` up ti bcs/bkr `kmtb.

;. Ji jij-pkreirlcjh msskts QJ^M\

5. Oimjs gmj fk smjgtcijk` wctbcj ; lcjutks wctbiut jkk` eir ìgulkjts, kjgulfrmjgk gkrtcecgmtks,

okhmo ipcjcijs, lirthmhks.

8. Kmscoy `cstcjhucsbmfok rkmo lijky mj` oimj lijky2. Ji gillij ecjmjgcmo ykmr eir moo mggiujts. Ecjmjgcmo ykmr ie mj mggiujt fkhcjs ij tbk `my ct

ipkjk`. Pbkrk wcoo fk ji jkk` ti suflct mjjumo tmx rkturjs. Moo mggiujts mrk cjvioujtmry tmxpmycjh

mggiujts.

3. Fmjas wcoo ijoy bmjòk gctczkjs– smvcjhs mggiujts. Pbk fmjas mrk bmjòkrs ie smvcjhs mggiujts mj`

tbky ì jit iwj tbkl.

=>. Lijky, cj tbcs rkstrugturk` fmjacjh, ìks jit bmvk stirmhk vmouk. Ct wcoo bmvk ijoy trmjsmgtcij

vmouk. Pbmt lkmjs tbkrk wcoo fk ji cjtkrkst rmtks ij `klmj` `kpiscts mj` ecxk` `kpiscts. Lijky wcoo


17/88



bmvk ji `kprkgcmtcjh vmouk. Cj emgt Vupkk–s vmouk cs lirk ir okss gijstmjt. Kxpmjscij mj` gijtrmgtcij

ie lijky suppoy mggir`cjh ti tbk `klmj` cs mutilmtcg cj tbcs jkw fmjacjh systkl.

==. Pitmo vmouks ie lijky suppoy, pbyscgmo lijky, `chctmo lijky, oimjs/m`vmjgks, Vkmo lijky

Fmjas– gmpctmo lijky cj tbk kjtcrk fmjacjh systkl gmj fk ajiwj mt mjy picjt ie tclk.

=6. Mggiujtcjh cj scjhok lijktmry ujct vmouks wctbiut `kgclmos/pmcsm. Moo mggiujts sbiw cj scjhok

lijktmry ujct c.k. rupkk. Pbk pbyscgmo gurrkjgy wcoo fk Vs. 7>, Vs.6>, Vs. => jitks mj` Vs ;, Vs, 6 mj`

Vs. = gicjs ijoy. Pbk bchb vmouk gurrkjgy jitks Vs. =>>>, Vs. ;>>, Vs. =>> mj` Vs 7> sbiuo` fk

`klijktcsk`.

=7. Fy uscjh tbcs rkstrugturk` fmjacjh systkl, scjhok pbmsk vitcjh ij scjhok `my gmj fk bko`

tbriuhbiut tbk giujtry wctb bkop ie fmjacjh skgtir. Ji rchhcjh, ji clpkrsijmtcij ie vitcjh mj` ji

kokgtirmo lmo prmgtcgks gmj fk pisscfok cj tbcs jkw fmjacjh strugturk.

=0. Kokgtirmo rioos/vitkr ocstk` gmj fk prkpmrk` mj` suppock` ti Kokgtcij Gillcsscij fy fmjas wctbcj

ijk biur. Pbksk vitkr ocsts hkt up`mtk` mt kvkry skgij`.

=;. =>>% mggiujtmfok mj` trmjspmrkjt hivkrjmjgk

=5. Ji fmjaruptgy ie fmjas

=8. Ji tbcr` pmrty ir mhkjgcks rkqucrk` ti `kpisct gmsb cj tbk MPLs.

=2. Kgijily gmj fk ruj ij oclctk` pmpkr gurrkjgy. 33.0% ie titmo lijky suppoy wcoo fk cj `chctmo

eirl mj` ijoy >.5% ie titmo lijky suppoy wcoo fk cj pbyscgmo eirl cj Vs 7>, Vs. 6>, mj` Vs. => jitks

mpmrt eril Vs. ; Vs. 6 mj` Vs. = gicjs.

=3. Ecxk` GVV mt =>%. Ct cs pkrlmjkjt mj` tbkrk cs ji jkk` gbmjhk eril tclk ti tclk.

6>. Ecxk` ÔV mt 7%N pkr mjjul up => omabs mj` mt 0% pkr mjjul ij oimjs mfivk => omabs.

6=. Lmcj smvcjhs mggiujt cj tbcs jkw rkstrugturk` fmjacjh systkl cs mj cjvioujtmry tmxpmycjh

mggiujt dust ocak rkspcrmtiry systkl cj bulmj fi`y. Ji tmx rkturjs, mggiujtcjh mj` mu`ctcjh

rkqucrk`.

66.Fmjas– priects gmj fk ajiwj mt kvkry `my, kvkry biur ir kvkj mt kvkry lcjutk.

67. Pbkrk wcoo fk ji vmgmjgy eir gbkmtcjh gbct euj` gilpmjcks cj tbcs rkstrugturk` fmjacjh systkl.

60. Kmsckr mj` qucgakr ocquc`cty ie moo msskts tbmt fkoijh ti m pkrsij ir irhmjcsmtcij cjti gmsb wctbcj

lcjutks.

M`vmjtmhks ie Lmcj Wmvcjhs MggiujtKvkry fmja frmjgb wcoo fkgilk mj K-Wkvm gkjtrk.

=. Ukbcgok rkhcstrmtcijs mj` tbk trmjsekr ie iwjkrsbcp rchbts ie vkbcgoks gmj fk lm`k mt mjy fmja

frmjgb wctbcj ; lcjutks. Ji rkhcijmo trmjspirt ieecgks mrk rkqucrk`.

6. Vkhcstrmtcij ie pripkrtcks ocak omj`s, eomts, poits mj` moo cllivmfok msskts gmj fk lm`k mt mjy fmja

frmjgb. Vkhcstrmtcij eir skoocjh/fuycjh ie pripkrtcks gmj fk lm`k wctbcj ; lcjutks. Ji rkhcstrmtcij

`kpmrtlkjts mrk rkqucrk`.

7. Pbkrk wcoo fk ji tmx giookgtcij kxpkj`cturk eir tbk Hivkrjlkjts mj` ji tmx gilpocmjgk gist eir

tbk pkipok.

0. Gctczkjs jkk` jit lmcjtmcj skpmrmtk mggiujt fiias mj` suflct tmx rkturjs mjjumooy eir pmycjh

kctbkr @crkgt tmxks ij pkrsijmo cjgilks ir Cj`crkgt tmxks wbcok rujjcjh fuscjkss ir cjùstry.

;. Pbkrk wcoo fk ji gbkga pists, wmy fcoos, mggiujtcjh, mu`ctcjh, tmx omws, tmx rmc`s, ktg

5. Kokgtirmo rioos gmj fk mvmcomfok mt fmjas mt mjy tclk ms mj` wbkj rkqucrk` fy Kokgtcij gillcsscij.

Pbk kokgtirmo rioos wcoo hkt up`mtk` gijstmjtoy mt kvkry skgij` cj fmjas.

8. Kxmgt pipuomtcij echurks gmj fk mvmcomfok mt kvkry skgij`.

2. Fcrtb gkrtcecgmtks, ̀ kmtb gkrtcecgmtks, rmtcijs gmr`s, gmj fk hit mt mjy frmjgb wctbcj ecvk lcjutks

3. ^kipok gmj hkt pmsspirts mt mjy fmja frmjgb wctbcj ecvk lcjutks.

=>. Wkoocjh/fuycjh ie sbmrks gmj fk ìjk mt mjy fmja frmjgb.


18/88



==. Pbkrk wcoo fk ji luotcpok skoocjh ie tbk smlk pripkrty ti `ceekrkjt pkipok mj` ujmutbircsk`skoocjh/purgbmsk mj` cookhmo iggupmtcij ie itbkr pkrsij–s pripkrty wctbiut bcs/bkr ajiwcjh/gijskjt

wcoo jit fk pisscfok.

=6. Pitmo koclcjmtcij ie fomga lijky, emak gurrkjgy, girruptcij mj` lijky omuj`krcjh

=7. Iut ie titmo lijky suppoy 33.0% wcoo fk cj `chctmo eirl mj` ijoy >.5% ie titmo lijky suppoy wcoofk cj pbyscgmo eirl.

6...........Lktbi` ie Clpoklkjtmtcij4 Fmscg li`ko (Cj`cm)* Pbk hivkrjlkjt sbiuo` fuco` tbk fmscg cjermstrugturk Qfuco`cjh prklcsks mj` cjtkrjkt gijjkgtcijs\

eir privc`cjh fmjacjh skrvcgk eir kvkry vcoomhk/sufurf/tiwj ir gioijy bmvcjh m pipuomtcij ie mriuj`

6;>> wctb tbk bkop ie prcvmtk skgtir fmjas mj` cjstctutcijs. Cj`cm jkk` ;,>>,>>> euooy eok`hk` fmja

frmjgbks. Kmgb fmja sbmoo bmjòk mpprixclmtkoy 6>>> mggiujts ij mvkrmhk.

* Fmjacjh ocgkjgk sbiuò fk euooy ocfkrmocsk .̀

Cj tbcs jkw fmjacjh systkl tbkrk wcoo fk tbrkk typks ie mggiujts. Pbk tbrkk typks ie

fmja mggiujts mrk gmook` = Lmcj Wmvcjhs Mggiujt 6 Wuf Wmvcjhs Mggiujt QWWM\ mj` 7

Girpirmtk Mggiujt Julfkr.* Kvkry fmja frmjgb sbiuò bmvk gilputkrs tbmt sbiuo` fk gmpmfok ie tmacjh fcilktrcg cjputs Qecjhkr

prcjt clmhks mj` crcs clmhks\ eir ipkjcjh jkw smvcjhs mggiujts. Pbk giookgtk` fcilktrcg ̀ mtm ie crcs mj`

ecjhkr prcjts ie mj cj`cvcùmo wcoo fk kjgryptk` mj` skjt ti tbk `mtmfmsk cj tbk skrvkrs ie supkr

gilputkrs mt VFC. [scjh tbcs kjgryptk` fcilktrcg `mtm, m Lmcj Wmvcjhs Mggiujt julfkr QLWM\ wcoo fk

hkjkrmtk` mt tbk skrvkrs lmcjtmcjk` fy tbk Gkjtrmo Fmja. Ce tbk uskr trcks ti privc`k tbk smlk

fcilktrcg ti ipkj mjitbkr mggiujt cj tbk smlk frmjgb ir mjitbkr frmjgb mjywbkrk cj tbk giujtry, tbk

lmcj skrvkr sbiuo` fk mfok ti c`kjtcey mj` rkdkgt tbk jkw mggiujt hkjkrmtcij eir tbk smlk cj`cvcùmo.

Pbkrk sbiuo` jit fk luotcpok hkjkrmtcijs ie mggiujt julfkrs wctb mj cj c̀vcùmo–s smlk fcilktrcg `mtm

Qecjhkr prcjts mj` crcs\

*Ct sbiuo` fk lm`k lmj`mtiry eir kvkry gctczkj mfivk tbk mhk ie =; ykmrs ti tmak m Lmcj Wmvcjhs

Mggiujt cj mjy fmja frmjgb.* Pbk skrvkrs sbiuo` bmvk tbk gmpmgcty ti bmjòk =;> grirk cj`cvcùmos– `mtm mj` fk mfok ti bmj òk

=;>> grirk trmjsmgtcijs kvkry `my.

*Metkr kstmfocsbcjh sueecgckjt julfkr ie fmjas/skrvcgk gkjtrks fy tbk Hivkrjlkjt ( eir kxmlpok,Cj`cm) wctb tbk bkop ie prcvmtk skgtir fmjas mj` ecjmjgcmo cjstctutcijs, moo tbk gctczkjs mfivk mhk ie =;

ykmrs sbiuo` fk msak` ti ipkj Lmcj Wmvcjhs Mggiujts mt mjy fmja wctbcj 7> `mys wctbiut jkk` eir mjy

cjctcmo `kpiscts. Ct gmj fk ipkjk` wctb zkri fmomjgk. Cj`cmjs, wbi rksc`k iutsc`k Cj`cm, sbiuo` fk hcvkj

scx lijtbs tclk ti ipkj Lmcj Wmvcjhs Mggiujt mt mjy frmjgb cj Cj`cm. Moo tbksk fmja frmjgbks mrk

gijjkgtk` ti gkjtrmo skrvkrs. Ji skgij` hkjkrmtcij ie Lmcj Wmvcjhs Mggiujt julfkr ie mjy pkrsij

wiuo` fk pisscfok wctb tbk smlk `mtm ie bcs/bkr ecjhkr mj` crcs clmhks. Pbkrk metkr ji jkw Lmcj

Wmvcjhs Mggiujt sbiuo` fk hcvkj ti mjy cj`cvcùmo. Eril bkrk metkr mjyijk wbi ìks jit bmvk Lmcj

Wmvcjhs Mggiujt sbiuo` fk `kklk` ms cookhmo lchrmjt. Moo jkw fmfcks firj mrk ti fk mrk rkgir`k` cjtbkcr litbkrs– pkrsijmo mggiujt cj bkr Lmcj Wmvcjhs Mggiujt wctbcj tbrkk lijtbs ie tbkcr fcrtb. Cj

gmsk ie irpbmjs tbky sbiuo` fk rkgir`k` cj Hivkrjlkjt–s sigcmo wkoemrk lcjcstry mggiujt. Ijgk tbky

hkt tbk mhk ie =6 ykmrs tbk fmjas hkjkrmtk tbkcr Lmcj Wmvcjhs Mggiujt wctb tbk `chctmo rkgir`cjh ie

tbkcr ecjhkr prcjt clmhks mj` crcs `mtm. Metkr tbk cjctcmo omujgb ie tbcs systkl tbkrk sbiuo` fk ji

hkjkrmtcij ie Lmcj Wmvcjhs Mggiujts eir cj`cvcùmo wbi mrk jit rkgir`k` mt tbk tclk ie tbkcr fcrtb

kctbkr cj tbkcr litbkrs Lmcj Wmvcjhs Mggiujt ir Hivkrjlkjt–s sigcmo wkoemrk lcjcstrcks– mggiujt.


19/88



* M pkrsij–s Lmcj Wmvcjhs Mggiujt julfkr wcoo rklmcj smlk eir bcs/bkr kjtcrk ocek tclk. Bk/sbk gmjgbmjhk tbk fmja mt mjy tclk fut tbk mggiujt julfkr wcoo rklmcj smlk. Pbmt lkmjs tbk Lmcj Wmvcjhs

Mggiujt julfkr cs pirtmfok, mgtcvk mj` pkrlmjkjt ùrcjh bcs/bkr kjtcrk ocek pkrci`. Pbksk pkrlmjkjt

Lmcj Wmvcjhs Mggiujt julfkrs gmjjit fk gbmjhk`. Pbksk mggiujt julfkrs wcoo fkgilk gkmsk` ir

goisk` ijoy upij `kmtb ie tbk mggiujt bio`kr.[smhk ie Lmcj Wmvcjhs Mggiujt

[jocak smvcjhs mggiujt cj tbk prkskjt fmjacjh systkl, tbcs Lmcj Wmvcjhs Mggiujt gijscsts ie ; suf

mggiujts. Ct cs m gilfcjmtcij ie =\ Lijky Mggiujt 6\ Omj` Wmvcjhs Mggiujt QOWM\ 7\ livmfok pripkrty

mggiujt (L^M) 0\ Wbmrks Mggiujt (WM) ;\ ^krsijmo Mggiujt (^M).

Pbk LWM sbmoo fk usk` ti `kpisct, wctb`rmw, rkgkcvk ir pmy smomrcks, prieksscijmo ekks, skrvcgk ekks,

rklujkrmtcijs, ìjmtcijs, oimjs ktg Pbk Lmcj Wmvcjhs Mggiujt (LWM) sbiuo` mosi fk usk` eir fuycjh

ie sbmrks, omj` eir mhrcguoturk ir cjùstrcmo purpisk, poits, eomts, hio`, dkwkookry, vkbcgoks, gillkrgcmo

kstmfocsblkjts ir mjy itbkr livmfok ir cllivmfok pripkrty. Lmcj Wmvcjhs Mggiujt cs mosi jkk`k` ti

hkt `rcvcjh ocgkjgk, pmsspirt, vitcjh rchbt, sufsc`cks, euj`s, lijtboy rmtcij, pkjscijs, rklcttmjgks mj`

oimjs (pkrsijmo, mhrcguoturk, fuscjkss, kùgmtcijmo mj` cjùstrcmo) mj` eir hkttcjh

gilpkjsmtcij/kxhrmtcm/rkocke euj`s cj tbk kvkjt ie jmturmo gmomlctcks ocak gygoijks, kmrtbqumaks,

eoii`s, emlcjks, mggc`kjts, ktg,

Eril bkrk ijwmr`s tbcs rkstrugturk` fmjacjh systkl cs gmook` ‟PI^ PMR WSWPKL“

Mt tbk cjctcmo omujgbcjh ie tbcs ‟PI^ PMR WSWPKL“, moo tbk pkrsijs mfivk tbk mhk ie =6 ykmrs wcoo fk

hcvkj tbk Lmcj Wmvcjhs Mggiujt julfkrs. Ct sbiuo` fk lmj`mtiry eir kvkry gctczkj mfivk tbk mhk ie =6

ykmrs ti bmvk Lmcj Wmvcjh Mggiujt. Gbco`rkj fkoiw tbk mhk ie =6 ykmrs wcoo fk rkhcstkrk` cj tbkcr

litbkr–s ir emtbkr–s ir humr`cmj–s ir sigcmo wkoemrk lcjcstrcks– ir JHI–s mggiujt. Eril tbkrk metkr

kvkry gbco` wcoo hkt Lmcj Wmvcjhs Mggiujt ijgk bk/sbk rkmgbks =6 ykmrs ie mhk. Motbiuhb tbcs mggiujt

julfkr cs hcvkj mj` rkhcstkrk` cj tbk litbkr–s Lmcj Wmvcjhs Mggiujt wctbcj ijk lijtb ie gbco`–s

fcrtb, ct wcoo fk mgtcvmtk` mj` gilk cjti ocvk mggiujt ijoy wbkj tbk gbco` rkmgbks =6 ykmrs ie mhk ms

`kgc`k` fy tbk Hivkrjlkjt. M pkrsij–s Lmcj Wmvcjhs Mggiujt wcoo fkgilk ipkrmtcijmo mj` stmrt

eujgtcijcjh eril tbk mhk ie =6 ykmrs ms `kgc`k` cj tbk pmrtcguomr giujtry. Cj gmsk ie irpbmjs tbk

mggiujt julfkrs wcoo fk rkhcstkrk` cj tbk sigcmo wkoemrk lcjcstrcks– mggiujts mj` ct sbiuo` fk lm`k

lmj`mtiry eir Wtmtk Hivkrjlkjts ti oiia metkr kvkry irpbmj–s wkoo-fkcjh mj` gmrk tcoo bk/sbk rkmgbks

tbk mhk ie 6> ykmrs mj` bk/sbk hkts klpoiylkjt.


20/88


bttp4//www.iptclmotmxmtcij.jkt www.scjhoktmx.irh vcdmym arusbjm vmrlm ^mhk 6>

Pbk =; `chct Lmcj Wmvcjhs Mggiujt julfkr wcoo mgt ms lijky smvcjhs mggiujt, livmfok pripkrty

mggiujt, cllivmfok pripkrtcks mggiujt, sbmrks mggiujt, gctczkjsbcp gmr`, tmxpmycjh mggiujt, rmtcij

gmr`, ^mss pirt mj` vitkr c`kjtcty gmr`.

Mj kxmlpok ie Lmcj Wmvcjhs Mggiujt julfkr ‗

6=>2>==>=0;5823

Pbk ecrst twi ̀ chcts eril oket sc`k 6= cj`cgmtk tbk `my, tbk jkxt twi `chcts >2 cj`cgmtk tbk lijtb mj` tbk

jkxt tbrkk `chcts >== cj`cgmtk tbk ykmr wbkj tbk Lmcj Wmvcjhs Mggiujt cs cssuk` ti tbk pkrsij ir

bcs/bkr fcrtb ykmr. Motbiuhb tbcs mggiujt julfkr cs hcvkj mj` rkhcstkrk` cj tbk litbkr–s Lmcj Wmvcjhs

Mggiujt wctbcj tbrkk lijtbs ie tbk gbco`–s fcrtb, ct wcoo fk mgtcvmtk` mj` fkgilk cjti ocvk mggiujt mt

tbk mhk ie =6 ir =; ykmrs ms `kgc`k` fy tbk Hivkrjlkjt. M pkrsij–s Lmcj Wmvcjhs Mggiujt wcoo fkgilk

ipkrmtcijmo mj` stmrt eujgtcijcjh eril tbk mhk ie =6 ir =; ykmrs. Cj tbk gmsk ie irpbmjs tbk mggiujt

julfkrs wcoo fk rkhcstkrk` cj tbk sigcmo wkoemrk lcjcstry–s mggiujt mj` ct sbiuo` fk lm`k lmj`mtiry

eir Wtmtk Hivkrjlkjt ti oiia metkr kvkry irpbmj–s gmrk tcoo bk rkmgbks 6> ykmrs mj` ujtco bk/sbk hkts

klpoiylkjt. Pbmt lkmjs tbkrk wcoo fk ji strkkt gbco`rkj mj` gbco` omfiur.

Pbk kchbtb mj` jcjtb `chcts eril tbk oket sc`k Q>=\ `kjitk tbk lmcj smvcjhs mggiujt. Ct cs gillij eir moo

Lmcj Wmvcjhs Mggiujts. Pbk omst scx `chcts 0;5823 mrk skrcmo julfkrs ie tbk Lmcj Wmvcjhs Mggiujts.

Pbmt lkmjs ij kmgb `my tbk jcjk `chcts eril tbk oket sc`k wcoo rklmcj smlk. Pbk omst scx `chcts eril rchbt

sc`k wcoo fk eril >>>>>= ti 333333. Pbk pkrsij gmj gbiisk bcs/bkr Lmcj Wmvcjhs Mggiujt julfkr

eril tbk mvmcomfok julfkrs. Xctb tbk gbmjhk ie `mtk, lijtb mj` ykmr tbk omst scx `chct skrcmo julfkrs

wcoo rkpkmt. Eir kvkry 333 ykmrs tbk =; `chct Lmcj Wmvcjhs Mggiujt julfkrs wcoo rkpkmt ijgk mhmcj.

Ijgk tmakj/hcvkj, tbk Lmcj Wmvcjhs Mggiujt julfkr cs pkrlmjkjt eir bcs/bkr kjtcrk ocek. Eril tbkj

bk/sbk gmj gbiisk mjy fmja ti lmcjtmcj mj` ipkrmtk bcs/bkr LWM. Ms smc` kmrockr LWM cs pirtmfok fmja

mggiujt. Pbk LWM wcoo gijtmcj ; skgtcijs/suf mggiujts. M pkrsij–s lijky, cllivmfok pripkrtcks,

livmfok pripkrtcks, sbmrks mj` emlcoy `ktmcos wcoo fk lmcjtmcjk` cj `ceekrkjt skgtcijs/suf mggiujts ie

m pkrsij–s Lmcj Wmvcjhs Mggiujt. Pbk ; suf mggiujt julfkrs ie Lmcj Wmvcjhs mggiujt mrk smlk kxgkpt

tbk jcjtb `chct. Ce tbk jcjtb `chct cs =, ct cs lijky mggiujt. 6=>2>==>=0;5823 Pbcs julfkrclpocks tbmt 6=->2->==->=-0;5823

Q@mtk-lijtb-ykmr-LWM-skrcmo julfkr\

Ce tbk jcjtb `chct cs 6, ct cs cllivmfok pripkrty mggiujt.

Ce tbk jcjtb `chct cs 7, ct cs livmfok pripkrtcks mggiujt.

Lmcj Wmvcj s Mggiujt

Omj` Wmvcjhs Mggiujt Qomj`s, poits, eomts, gillkrgcmo

kstmfocsblkjts fuco c̀j s biusks ktg.

Ukbcgoks Mggiujt vkbcgoks iò

Wbmrks Mggiujt WM

^krsijmo Mggiujt Qemlcoy, pmsspirt, k`ugmtcij gkrtcecgmtks, rmtcij gmr`


21/88


bttp4//www.iptclmotmxmtcij.jkt www.scjhoktmx.irh vcdmym arusbjm vmrlm ^mhk 6=

Ce tbk jcjtb `chct cs 0, ct cs sbmrks mggiujt.

Ce tbk jcjtb `chct cs ;, ct cs emlcoy mggiujt.

Pbk ivkrvckw ie m Lmcj Wmvcjhs Mggiujt gocga bkrk ti ìwjoim`

Lmcj Wmvcjhs Mggiujt

6=>2>==>=0;5823

6=>2>==>=0;5823 Lmcj Wmvcjhs Mggiujt /LWM

6=>2>==>60;5823 Cllivmfok pripkrtcks/

Omj` Wmvcjhs Mggiujt

6=>2>==>70;5823 Ukbcgoks Mggiujt

QL^M\ livmfok pripkrtcks

6=>2>==>00;5823 Wbmrks Mggiujt (WM)

6=>2>==>;0;5823 ^krsijmo Mggiujt (EM)

Pbk uskr jmlk, priecok pmss wir`, oihs cj pmsswir` mj` trmjsmgtcij pmsswir` mrk smlk eir moo tbksk

suf mggiujts ie m pkrsij–s Lmcj Wmvcjhs Mggiujt. Pbus tbk Lmcj Wmvcjhs Mggiujt cs m luotc

`clkjscijmo mj` luotc eujgtcijmo scjhok smvcjhs mggiujt eir stircjh/uscjh lijky, eir fuycjh/skoocjh ie

sbmrks, livmfok mj` cllivmfok pripkrtcks, eir `crkgt rkgkcvcjh ie sufsc`cks, pkjscijs, rkocke euj`s,rmtcijs, sgbiomrsbcps ktg., eril tbk Hivkrjlkjt. Pbk lmcj eujgtcijs ie Lmcj Wmvcjhs Mggiujt mrk

* Lijky mggiujt cs dust ocak tbk prkskjt smvcjhs mggiujt wbkrk lijky wcoo fk stirk` mj` usk`. Lijkycj eoiws (grk`cts) mj` lijky iut eoiws (`kfcts) wcoo fk rkgir`k` cj tbcs mggiujt. Lijky gmj fk usk` ir

spkjt tbriuhb gbkquks, `kfct gmr`s, grk c̀t gmr`s, `klmj` `rmets mj` ijocjk trmjsekrs ijoy. Pbkrk wcoo

fk ji pmy ir̀ krs mj` itbkr lkmjs ie gijvkymjgk eir lijky. Lijky eoiws wcoo fk ijoy cj ecvk eirls.

* Fuycjh, skoocjh ir lirthmhcjh ie cllivmfok pripkrtcks ocak omj`s, poits, eomts, biusk, gillkrgcmokstmfocsblkjts ktg., wcoo fk rkgir`k` cj omj` smvcjhs mggiujt (OWM) ie bcs/bkr LWM, wbcgb cs lmjmhk`

fy fmjas. ûrgbmsks mj` skoocjh ie cllivmfok pripkrtcks wcoo fk ìjk tbriuhb tbcs mggiujt fy fmjas.

*Fuycjh, skoocjh mj` lirthmhcjh ie livmfok pripkrtcks ocak vkbcgoks mj` hio` wcoo fk rkgir`k` cj tbk

livmfok pripkrtcks mggiujt (L^M) ie bcs/bkr LWM.* Fuycjh ir skoocjh ie sbmrks wcoo fk rkgir`k` cj tbk sbmrks mggiujt (WM).

* M pkrsij–s pkrsijmo mggiujt cs usk` ms m rmtcij gmr`, gctczkjsbcp gmr`, vitkr gmr`, pmsspirt, `rcvcjhocgkjsk, bmoo tcgakt eir moo kxmls, GU mj` cjsurmjgk piocgy.

QF\ Wuf Wmvcjhs Mggiujt (WWM)Kvkry gctczkj wiuo` fk mooiwk` ti ipkj mjy julfkr ie Wuf Wmvcjhs Mggiujts (WWM) fy uscjh tbk smlk

LWM julfkr, ce bk/sbk wcsbks ti ipkrmtk fuscjkss ir cjùstry. Bk/sbk gmj mosi usk bcs/bkr LWM ti

ipkrmtk mjy fuscjkss ir cjùstry. Ce bk/sbk rujs lmjy cjùstrcks ir fuscjkss mgtcvctcks, tbkj bk/sbk gmj

ipkj Wuf Wmvcjhs Mggiujts ti ruj tbksk cjùstrcks ir fuscjkss gkjtrks cj luotcpok pomgks cj tbk

giujtry. Pbksk Wuf Wmvcjhs Mggiujt julfkrs mrk mosi pirtmfok. ^kipok gmj gbmjhk tbk fmjas ti

ipkrmtk tbkcr Wuf Wmvcjhs Mggiujts mt mjy tclk. [sumooy pkipok, wbi ruj fuscjkss ir cjùstry, wcoo

jkk` Wuf Wmvcjhs Mggiujts. Hkjkrmooy =>% (mpprixclmtkoy) ie titmo pipuomtcij ie mjy giujtry, wbi rujfuscjkss ir cjùstrcks wcoo jkk` Wuf Wmvcjhs Mggiujts. Kvkj cj`cvcùmos wbi ì jit ruj fuscjkss ir

cjùstry sbmoo fk mooiwk` ti ipkj Wuf Wmvcjhs Mggiujts. Cj Wuf Wmvcjhs Mggiujts ijoy lijky wcoo fk

lmjmhk` fy fmjas.

Mj kxmlpok ie Wuf Wmvcjhs Mggiujt julfkr

6=>2>===>0;5823 - Pbk Wuf Wmvcjhs Mggiujt julfkr ie m pkrsij cs smlk ms ie bcs/bkr LmcjWmvcjhs Mggiujt kxgkpt tbk kchbtb mj` tbk jcjtb `chcts eril oket sc`k. Bk/sbk gmj gbiisk Wuf Wmvcjhs

Mggiujt julfkrs eril => ti 33. Pbk rklmcjcjh =7 `chcts wcoo rklmcj tbk smlk ms ie bcs/bkr Lmcj


22/88



Wmvcjhs Mggiujt julfkr. Pbmt lkmjs tbk Wuf Wmvcjhs Mggiujts ie m pkrsij mrk ieesbiits eril bcs/bkr

Lmcj Wmvcjhs Mggiujt. Bk/sbk gmj ipkj up ti 23 Wuf Wmvcjhs Mggiujts ti ruj luotcpok cjùstrcks ir

fuscjkss mgtcvctcks oigmtk` mt `ceekrkjt oigmtcijs. Ce bk/sbk jkk`s lirk tbmj 23 mggiujts tbkj bk/sbk

wcoo bmvk ti tmak Girpirmtk Mggiujt julfkrs. Pbksk Wuf Wmvcjhs Mggiujts wcoo fk usk` ti lmcjtmcj

lijky ijoy.

Pbk Wuf Wmvcjhs Mggiujts (WWM) mj` mosi tbk Lmcj Wmvcjhs Mggiujts (LWM) gmj fk usk` eir rujjcjh

fuscjkss, cjùstry, sgbiios, giookhks, bispctmos, bitkos, rkstmurmjts, gijstrugtcij, stu`cis, skrvcgks, ir

mjy itbkr typk ie fuscjkss. Dust ocak LWM, tbk WWM gmj mosi fk usk` ti rkgkcvk ir pmy smomrcks,

prieksscijmo ekks, skrvcgk ekks, rklujkrmtcijs, ̀ ijmtcijs oimjs ktg,

6=>2>===>0;5823 ‗Pbcs julfkr clpocks tbmt 6=->2->==-=>-0;5823 Q`mtk-lijtb-ykmr-

WWM-skrcmo julfkr\

QG\ Girpirmtk Mggiujt Julfkrs (GMJ)Girpirmtk mggiujt cs m skvkj omykr mggiujt ‗ ct cs skvkj omykr mggiujts eir =\ lijky ipkrmtcij, 6\

cllivmfok pripkrty mggiujt 7\ livmfok pripkrty mggiujt 0\ sbmrks mggiujt ;\ lmj piwkr mggiujt 5\

rmw lmtkrcmos mggiujt 8\ ecjcsbk` priùgts mggiujt

[j`kr pripisk` PI^ Pmx systkl tbk mggiujtcjh mj` mu`ctcjh ie tbk girpirmtk ir pufocg

gilpmjcks wcoo fk lmj`mtiry mj` gilpuosiry ms cj tbk prkskjt systkl eir pritkgtcjh tbk cjtkrksts

ie tbk cjvkstirs. Girpirmtk ir pufocg gilpmjcks, wbcgb cssuk` sbmrk ti pufocg, wcoo fk hcvkj

Girpirmtk Mggiujt Julfkrs (GMJ).

Mj kxmlpok ie Girpirmtk Mggiujt julfkr

>>>2>==>=>>=70;Pbk ecrst tbrkk `chcts eril oket sc`k mrk zkriks cj moo Girpirmtk Mggiujt Julfkrs. Pbk jkxt twi `chcts >2

cj`cgmtk lijtb mj` tbk jkxt tbrkk `chcts >== cj`cgmtk tbk ykmr ie tbk mggiujt julfkr tmakj. Pbk

kchbtb mj` tbk jcjtb `chcts >= cj`cgmtk tbk cjùstry ir skgtir gi`ks. Pbk jkxt tbrkk `chcts >>= cj`cgmtk

tbk priùgt gi`k mj` omst tbrkk `chcts 70; mrk skrcmo julfkrs ie cjùstrcks rkhcstkrk` cj tbk smlk

lijtb. Cj tbk smlk lijtb, tbk omst tbrkk `chcts wcoo rkpkmt lmjy tclks Qpisscfok 33,333 tclks ce jkk`\

Gir irmtk mggiujt julfkr - Ecjmjgk mggiujt

Cllivmfok ri krt mggiujt- =>>2>==>=>>=70;

-

Wbmrks mggiujt -7>>2>==>=>>=70;

Lmj piwkr mggiujt Qklpoiykks\ - 0>>2>==>=>>=70;

Vmw lmtkrcmos mggiujt -;>>2>==>=>>=70;

Ecjcsbk` priùgts mggiujt- 5>>2>==>=>>=70;


23/88



eir `ceekrkjt skgtirs/cjùstrcks mj` eir `ceekrkjt priùgts. >>>2>===>=>>=70; Pbcs julfkr clpocks

tbmt >>->2->==->=->>=-70; Q>>-lijtb-ykmr-cjùstry gi`k-priùgt gi`k-skrcmo julfkr\

Girpirmtk Mggiujt

julfkr

>>>2>==>=>>=7

0;

>>>2>==>=>>=70; Lijky Mggiujt

=>>2>==>=>>=70; Cllivmfok pripkrtcks/Omj` smvcjhs mggiujt (OWM)

6>>2>==>=>>=70; Livmfok pripkrtcks mggiujt

7>>2>==>=>>=70; Wbmrks mggiujt (WM)

0>>2>==>=>>=70; Lmj piwkr mggiujt

;>>2>==>=>>=70; Vmw lmtkrcmos mggiujt

5>>2>==>=>>=70; Ecjcsbk` priùgts mggiujt

Pbk girpirmtk ir pufocg gilpmjcks wcoo bmvk ti ipkrmtk moo gmsb trmjsmgtcijs tbriuhb tbk

Girpirmtk Mggiujt Julfkr (GMJ) ijoy.

Mj kxmlpok ie Gkjtrmo Hivkrjlkjt mggiujt julfkr

666666>=>>=70;5Cj moo Gkjtrmo Hivkrjlkjt mggiujts tbk ecrst scx `chcts 666666 eril oket sc`k mrk twis. Pbk jkxt twi

`chcts >= cj`cgmtk lcjcstry gi`k. Pbk jkxt tbrkk `chcts >>= cj`cgmtk `kpmrtlkjt ir cjstctutcij gi`k mj`tbk omst eiur `chcts 70;5 cj`cgmtk skrcmo julfkrs.

Mj kxmlpok ie Wtmtk Hivkrjlkjt mggiujt julfkr

7777>=>=>>=70;5Cj moo Wtmtk Hivkrjlkjt mggiujts tbk ecrst eiur ̀ chcts 7777 eril oket sc`k mrk tbrkks. Pbk jkxt twi `chcts

>= cj`cgmtk Wtmtk gi`k. Eril >= ti 33 tbk julfkrs mrk Wtmtk gi`ks. Pbk jkxt twi `chcts >= cj`cgmtk

lcjcstry gi`ks. Pbk jkxt tbrkk `chcts >>= cj`cgmtk `kpmrtlkjt ir cjstctutcij gi`ks mj` tbk omst eiur

`chcts 70;5 cj`cgmtk skrcmo julfkrs.

Mj kxmlpok ie Fmja QEcjmjgcmo cjstctutcij\ mggiujt julfkr

333>>>>>=0;58230;5823 cs tbk fmja QEcjmjgcmo cjstctutcij\ mggiujt julfkr mj` >>>>>= cs ijk ie ctsfrmjgb gi`k julfkrs.Eir moo fmja mggiujts tbk ecrst tbrkk c̀hcts mrk 333. Pbk omst ecvk `chcts 0;5823 mrk fmja mggiujt

julfkrs. Pbk fmjas gmj gbiisk tbkcr mggiujt julfkrs mvmcomfok mt tbk tclk ie rkhcstrmtcij eril

>>>>>= ti 333333. Pbk lc`òk scx `chcts >>>>>= mrk tbmt pmrtcguomr fmjas– frmjgb gi`k julfkrs. Pbk

fmja gmj mooit mjy gi`k julfkrs eril >>>>>= ti 333333 ti kmgb ie cts frmjgbks.


24/88



Fmjas Qecjmjgcmo cjstctutcijs\ ipkrmtk LWMs, WWMs mj` GMJs ms oijh ms tbk mggiujt bio`krs wmjt. Fut

tbky wiuo` jit iwj tbksk mggiujts. Pbksk mggiujts mrk pirtmfok mj` gmj fk sbcetk` eril mjy fmja ti

mjy fmja mt mjy tclk.

Jij Hivkrjlkjt irhmjcsmtcij mggiujt julfkrs stmrt wctb eiur 0–s 0000>>>>>>>>>>>

Kùgmtcijmo cjstctutcijs julfkrs stmrt wctb eiur ;–s ;;;;>>>>>>>>>>>

Bkmotb gmrk skrvcgk cjstctutcijs– mggiujt julfkr stmrt wctb eiur 5–s 5555>>>>>>>>>>>

Prusts– mggiujt julfkrs stmrt wctb eiur 8–s 8888>>>>>>>>>>>

[smhk ie LWMs, WWMs mj` GMJs4-

Cj tbk prkskjt kgijilcg systkl m pkrsij–s ir m gilpmjy–s lijky, livmfok ir cllivmfok

pripkrtcks(ocak vkbcgoks, poits, eomts, biusks, emgtircks, gillkrgcmo kstmfocsblkjts, omj`s ktg.,) sbmrks,

emlcoy trkk, cjsurmjgk piocgcks mj` moo itbkr msskts mrk rkgir`k`, lmjmhk` mj` bmjòk` fy `ceekrkjt

`kpmrtlkjts, mhkjgcks ir cjstctutcijs.

Fut cj tbk suhhkstk` PI^ Pmx systkl kmgb cj`cvcùmo mfivk tbk mhk ie =6 ykmrs wcoo bmvk ijk Lmcj

Wmvcjhs Mggiujt gijscstcjh ie ecvk eio`krs. Lijky, livmfok ir cllivmfok pripkrtcks (ocak vkbcgoks,poits, eomts, biusks, gillkrgcmo kstmfocsblkjts, omj`s ktg.,) sbmrks, emlcoy trkk, cjsurmjgk piocgcks ktg.,

mrk rkgir`k`, lmjmhk` mj` bmjòk` cj m scjhok mggiujt gmook` Lmcj Wmvcjhs Mggiujt (LWM) wctb ecvk

eio`krs cj gmsk ie cj`cvcùmos mj` cj Girpirmtk Mggiujt Julfkrs (GMJ) wctb skvkj eio`krs cj gmsk ie

gilpmjcks wbcgb cssuk` sbmrks eir pufocg. Pbksk mggiujts jmlkoy, LWMs, WWMs mj` GMJs wcoo fk

lmcjtmcjk` mj` ipkrmtk` fy fmjas rkpomgcjh `ceekrkjt `kpmrtlkjts, tmx giookgtcij mj` tmx

kjeirgklkjt fimr`s, mhkjgcks ir cjstctutcijs ie tbk prkskjt kgijilcg systkl.

Pbus pkipok–s lijky, sbmrks, moo livmfok mj` cllivmfok pripkrtcks wcoo fk cj ijoy ijk mggiujt (LWM)

wctb `ceekrkjt eio`krs ipkrmtk` fy fmjas.

=. Lmcj Wmvcjhs Mggiujt (LWM) - Pbkrk wcoo fk ijoy ijk gilpuosiry mj` lmj`mtiryLWM eir kmgb pkrsij hcvkj fy tbk Hivkrjlkjt. Pbcs LWM wcoo bmvk ecvk suf mggiujts eir kmgb spkgcecg

purpisk ie mj cj`cvcùmo.

Pbk ecrst suf mggiujt (Lijky mggiujt) wcoo fk usk` eir stirmhk mj` usmhk ie lijky hit tbriuhb

smvcjhs/kmrjcjhs/cjgilks/ìjmtcijs. Pbcs LWM gmj mosi fk usk` ti ruj ir ipkrmtk mjy fuscjkss ir

cjùstry iwjk` wbiooy fy mj cj`cvcùmo.

Pbk skgij` suf mggiujt Omj` Wmvcjhs Mggiujt sbmoo fk usk` eir rkhcstrmtcij, stirmhk mjùsmhk ie iwjkrsbcp rchbts ie moo cllivmfok pripkrtcks ocak omj`s, eomts, poits, gillkrgcmo

kstmfocsblkjts, mj` ktgktkrm. Pbk iwjkrsbcp rchbts ie tbksk msskts wcoo fk trmjsekrrk` eril ijk

pkrsij–s OWM ti mjitbkr pkrsij–s OWM wbcok purgbmscjh/skoocjh/ìjmtcjh ie tbksk cllivmfok

pripkrtcks.

Ucvc` kxpomjmtcij4 - Omj` Wmvcjhs Mggiujt/OWM Cj tbcs suhhkstk` PI^ Pmx systkl tbk Omj`Wmvcjhs Mggiujt ie kmgb pkrsij sbmoo fk utcocsk` ms tbk `k-lmt mggiujt ie tbmt pkrsij–s iwjkrsbcprchbts ie cllivmfok pripkrtcks ocak omj`s, poits, eomts, msskts, emgtircks mj` itbkr kstmfocsblkjts cj tbk

kjtcrk giujtry. Xbcok purgbmscjh ir skoocjh, tbk trmjsekr ie iwjkrsbcp rchbts ie tbksk msskts/pripkrtcks

eril ijk pkrsij ti mjitbkr pkrsij sbmoo fk lm`k eril ijk pkrsij–s OWM ti mjitbkr pkrsij–s OWM

tbriuhb fmjas/skrvcgk gkjtrks. Wi tbk trmjsekr ie msskts ocak omj`s, poits, eomts, strugturks mj` itbkr

kstmfocsblkjts wcoo tmak pomgk cj pbyscgmo eirl upij tbk trmjsekr ie iwjkrsbcp rchbt ie tbmt msskt cj

`chctmo eirl eril ijk OWM (skookr) ti mjitbkr OWM (fuykr). PI^ Pmx systkl suhhksts tbmt titmo omj`

rkgir` ie tbk giujtry sbiuo` fk `klmtkrcmocsk` mggir`cjh ti kxtkjt, oigmtcij, lmppcjh mj` iwjkrsbcp.


25/88


bttp4//www.iptclmotmxmtcij.jkt www.scjhoktmx.irh vcdmym arusbjm vmrlm ^mhk 6;

Pbk omj` fkoijhs ti pkipok wcoo fk rkgir`k` cj tbkcr rkspkgtcvk OWMs. Wclcomroy tbk omj` tbmt fkoijhs ti

Hivkrjlkjt, Hivkrjlkjt irhmjcsmtcijs, gilpmjcks sbiuo` fk rkgir`k` cj tbkcr rkspkgtcvk mggiujts.

Vkpkmt1- [j`kr tbk PI^ tmx systkl tbk purgbmsk ie omj`s, poits, eomts ir itbkr pripkrtcks

sbiuo` fk lm`k tbriuhb Omj` Wmvcjhs Mggiujt (OGM), tbk suf mggiujt ie Lmcj Wmvcjhs Mggiujt

(LWM) ipkrmtk` fy fmjas. Ce mjy pkrsij fuys omj`, poit, eomt ir mjy itbkr pripkrty mjywbkrk cj Cj`cm

tbk kxtkjt mj` jmturk ie tbk pripkrty wcoo fk grk`ctk` cj bcs Omj` Wmvcjhs Mggiujt mj` tbk smlk

pripkrty wcoo fk `kfctk` eril tbk skookr– Omj` Wmvcjhs Mggiujt (OWM). Xbkjkvkr bk/sbk skoos mjy

pripkrty tbmt cs grk`ctk` cj bcs OWM, tbk smlk wcoo fk `kfctk` eril bcs/bkr Omj` Wmvcjhs Mggiujt mj`

tbk smlk pripkrty wcoo fk grk`ctk` cj tbk fuykr–s Omj` Wmvcjhs Mggiujt (OWM). Pbk grk`ct cj tbk OWM

lkmjs purgbmsk ie cllivmfok pripkrty mj` `kfct lkmjs skoocjh ie cllivmfok pripkrty. Pbk

cllivmfok pripkrtcks wcoo fk cj `klmtkrcmocsk` eirl mj` tbk iwjkrsbcp rchbts gmj fk trmjsekrrk`

eril ijk mggiujt ti mjitbkr mggiujt dust ocak lijky trmjsekrs mj` sbmrks. Dust ocak sbmrks tbkrk wcoo

fk ji pmpkr ìgulkjts eir pripkrtcks. [jocak gmsb trmjsekrs tbk fuykr–s prkskjgk mj`

schjmturk/mutbkjtcgmtcij sbmoo mosi fk jkk`k` eir mjy pripkrty trmjsmgtcij. M fmja stmtklkjt ie tbk

skgij` eio`kr (OWM) ie mjy pkrsij–s Lmcj Wmvcjhs Mggiujt wcoo bio` tbk kjtcrk iwjkrsbcp rchbts ie

tbmt pkrsij–s moo cllivmfok pripkrtcks cj tbk kjtcrk giujtry. Pbk ^kipok gmj hkt tbksk fmja

stmtklkjts ie tbkcr pripkrtcks mt mjy tclk mt fmjas cj m``ctcij ti wkkaoy, lijtboy ir ykmroy

stmtklkjts fy pist ir k-lmcos ir fitb. Pbky wcoo hkt pbijk lkssmhks mj` klmco stmtklkjts

cllk`cmtkoy metkr kmgb pripkrty trmjsekr.

Pbkrk wcoo fk ji luotcpok skoocjh ie tbk smlk pripkrty ti `ceekrkjt pkipok mj`

ujmutbircsk` skoocjh/purgbmsk mj` cookhmo iggupmtcij ie itbkr pkrsij–s pripkrty wctbiut bcs/bkr

ajiwcjh/gijskjt wcoo jit fk pisscfok.

M`vmjtmhks ie Omj` Wmvcjhs Mggiujt/OWM4-

=. Omj` gkcocjh mgtCj tbk prkskjt systkl rcgb pkipok mrk bmvcjh buhk trmgts ie mhrcguoturk omj`s cj `ceekrkjt `cstrcgts

mj` Wtmtks lmacjh ligakry ie tbk omj` gkcocjh mgt. Pbk rkhcstrmtcijs ie omj`s, eomts, poits mj` itbkr

pripkrtcks mrk fkcjh lm`k fy tbk rkhcstrmtcij `kpmrtlkjts mj` omj` rkgir`s mrk lmcjtmcjk` fyrkvkjuk ̀ kpmrtlkjts.

Cj tbk PI^ Pmx systkl omj` gkcocjh mgt gmj fk strcgtoy kjeirgk` ij cj`cvcùmos mj` ji cj`cvcùmo gmj

bmvk lirk tbmj 6> mgrks ie omj` cj tbk kjtcrk giujtry. Kvkry cj`cvcùmo wcoo bmvk ijoy ijk Lmcj

Wmvcjhs Mggiujt gijscstcjh ie skpmrmtk suf mggiujt gmook` Omj` Wmvcjhs Mggiujt eir moo cllivmfok

pripkrtcks ocak omj`s, poits, eomts, ktg., Moo cllivmfok pripkrtcks, sctumtk` wbkrkvkr cj tbk giujtry,

moijh wctb moo `ktmcos ie Wurvky julfkrs, fiuj`mrcks, `ksgrcptcij, jmturk, lmp, hki oigmtcij, vcoomhk,

`cstrcgt, stmtk, kxtkjt mj` `mtk ie skoocjh/fuycjh ie kmgb pripkrty ie kmgb pkrsij wcoo fk rkgir`k`

mj` lmcjtmcjk` cj Omj` Wmvcjhs Mggiujt (OGM).

Pbk Omj` Wmvcjhs Mggiujt wcoo fk ipkrmtk` mj` lmcjtmcjk` fy fmjas dust ocak lijky smvcjhs

mggiujts. @kfcts mj` Grk`cts ie moo pripkrtcks wcoo fk lm`k cj tbk Omj` Wmvcjhs Mggiujt wbcok m

pkrsij fuys ir skoos bcs pripkrty. Pbk titmo kxtkjt ie omj` rkgir`k` cj moo Omj` Wmvcjhs Mggiujts

fkoijhcjh ti pkipok, Hivkrjlkjts, `kpmrtlkjts, irhmjcsmtcijs, gilpmjcks, cjstctutcijs ktg., wcoo

rklmcj kxmgtoy tbk smlk kvkj metkr giujtokss julfkr ie `kfcts mj` grk`cts kmgb `my. Pbk Omj`

Wmvcjhs Mggiujt wcoo sbiw mj cj`cvcùmo–s kxmgt iwjkrsbcp rchbts ie bcs/bkr moo cllivmfok

pripkrtcks. Pbk titmo omj` kxtkjt cj kmgb Omj` Wmvcjhs Mggiujt wcoo jkvkr griss tbk uppkr oclct ie 6>

mgrks (ms kjvcsmhk` cj PI^ Pmx systkl) strcgtoy m`bkrcjh ti omj` gkcocjh mgt. Pbkrk gmj fk mfsioutkoy

ji luotcpok skoocjh ie smlk pripkrty ti `ceekrkjt pkipok. Ct wcoo fkgilk clpisscfok eir mjy cj c̀vcùmo

ti iwj buhk kxtkjt ie omj`s (fkyij` omj` gkcocjh mgt) uj`kr `ceekrkjt jmlks cj `ceekrkjt oigmtcijs ie

tbk giujtry. PI^ Pmx systkl kjsurks tbmt tbk omj` gkcocjh mgt gmj fk clpoklkjtk` cj titmocty ti


26/88



pkrekgtcij lmacjh Hivkrjlkjt–s tmsa kmsckr cj pusbcjh eirwmr` omj` rkeirls mj` mooigmtcjh omj` ti

omjòkss piir.

Pbkrk wcoo fk ji pmpkr ìgulkjts eir moo livmfok mj` cllivmfok pripkrtcks. Bkjgk ji skpmrmtk

rkhcstrmtcij mj` rkvkjuks `kpmrtlkjts mrk jkk`k` cj tbk suhhkstk` PI^ Pmx systkl. Ijoy omj`

survky ̀ kpmrtlkjt wiuo` sueecgk ti lmra mj` gokmr fiuj`mry ̀ csputks.

6. Emrl sufsc`cks1 - Cj prkskjt systkl 3>% ie titmo emrl sufsc`cks mrk fkcjh hiffok` up fy rcgbemrlkrs (=>%), wbcok tbk slmoo mj` lmrhcjmo emrlkrs (3>%) mrk hkttcjh ijoy =>% ie titmo emrl

sufsc`cks. Pbcs mjilmoy gmj fk titmooy gbkgak` cj PI^ Pmx systkl wbkrk Omj` Wmvcjhs Mggiujt cs m

suf mggiujt ie Lmcj Wmvcjhs Mggiujt ipkrmtk` fy fmjas. Mggir`cjh ti rkgir`s cj Omj` Wmvcjhs

Mggiujts, tbk titmo emrl sufsc`cks (=>>%) wiuo` rkmgb tbk slmoo mj` lmrhcjmo emrlkrs wbcok akkpcjh

mwmy rcgb emrlkrs eril moo sufsc`cks. Bkrk rcgb emrlkrs lkmjs cjùstrcmocsts, gijtrmgtirs,

prieksscijmos, gkokfrctcks, cj`cvcùmos, pioctcgcmjs, fuscjkss gomss, smomrck` gomss (hivt ir prcvmtk) ktg.,

wbisk mjjumo cjgilks mrk lirk tbmj 6,>>, >>> (itbkr tbmj mhrcguoturk cjgilk).

7. Emrl oimjs1 - Cj tbk prkskjt systkl hkttcjh emrl oimjs fy emrlkrs cs gulfkrsilk, omfircius,tclk gijsulcjh mj` frcfkry rc``kj kxkrgcsk. Emrlkrs jkk` ti hi eril ijk `kpmrtlkjt ti mjitbkr

`kpmrtlkjt ti hkt omj` ìgulkjts, kvmoumtcij mj` kjgulfrmjgk gkrtcecgmtks, rkvkjuk gkrtcecgmtksktg., metkr pmycjh bkmvy frcfks. Emrlkrs mrk fkcjh eirgk` ti tmak oimjs eril prcvmtk okj`krs wbi

gbmrhk bchb cjtkrkst rmtks.

Fut Omj` Wmvcjhs Mggiujt wcoo lmak lijky firriwcjh fy emrlkrs eril fmjas si lugb kmsy, cjstmjt,

sliitb, tclkoy mj` tclk smvcjh kxkrgcsk. Fy uscjh Omj` Wmvcjhs Mggiujts tbk frmjgb lmjmhkrs gmj

smjgtcij emrl oimjs cjstmjtoy fmsk` ij omj` rkgir`s cj tbk OGMs.

0. Cjtkrkst rmtks ij emrl oimjsCj tbk suhhkstk` PI^ Pmx systkl tbk cjtkrkst rmtks ij emrl oimjs, up ti Vs.=>, >>>, >>, wcoo fk ijoy

7% pkr mjjul mj` 0% pkr mjjul fkyij` Vs. =>,>>>,>>.

;. Omj` mgqucsctcij mj` gilpkjsmtcij1- Ce mj cj`cvcùmo ir gilpmjy mgqucrks omj` ie lirk tbmj6> mgrks ie omj` eir cjùstry, stu`cis, rkmo kstmtk ir mjy itbkr purpisk, omj` tmx ie =>,>>> pkr mgrk

pkr mjjul jkk`s ti fk okvck`. Ce omj` cs mgqucrk` eir WKTs tbk emrlkrs sbiuo` fk pmc` jit ijoy tbklmrakt prcgk ie tbk omj` fut mosi Vs =,>>> pkr mgrk pkr lijtb eir rkst ie bcs/bkr ocek mj` tbkrkmetkr

ti bcs/bkr okhmo bkcr. Ct cs kmsckr eir oigmo pmjgbmymts, lujcgcpmoctcks, girpirmtcij ti giookgt biusk tmx,

vmgmjt poit/omj` tmx mj` pripkrtcks tmx ms moo tbk `ktmcos ie m pkrsij–s pripkrtcks mrk rkgir`k` cj

bcs/bkr Omj` Wmvcjhs Mggiujt (OWM).

5. Omj` trmjsekr/rkhcstrmtcij/stmlp ùty1- [j`kr tbk ‟PI^ Pmx systkl“ tbkrk wcoo fk jistmlp ùtcks ij moo cllivmfok pripkrtcks Pbk rkhcstrmtcij gbmrhks eir purgbmscjh mjy pripkrty c.k.

omj`, poit, eomt, biusk ir itbkr gillkrgcmo kstmfocsblkjts wcoo fk smlk mj` kqumo moo ivkr Cj`cm

crrkspkgtcvk ie tbk pomgk mj` lmrakt vmouk ie pripkrty. Pbk rkhcstrmtcij gbmrhks wiuo` fk ijoy Vs.

=,>>> pkr mgrk, Vs. =,>>> pkr 7>> squmrk ymr`s ie poit ir Vs =,>>> pkr =>>> squmrk ekkt ie eomt mj`

luotcpoks tbkrkie. Pbksk rkhcstrmtcijs ie omj` trmjsekrs gmj fk lm`k cj mjy fmja mj` mjywbkrk cj

Cj`cm. Ct cs jkkòkss ti smy tbmt tbk oiss ie stmlp ùtcks wiuo` fk gilpkjsmtk` fy tbk ‟PI^ Pmx“wbcgb cs gilpuosiry ij mjy lijky trmjsekrs. Ce m pkrsij fuys m pripkrty (omj`, poit, eomt, biusk,

gillkrgcmo kstmfocsblkjt) eir Vs. => omabs, m PI^ tmx ie Vs. 0>,>>> wcoo fk `kùgtk` eril bcs LWM ir

WWM wbcok trmjsekrrcjh tbk gmsb ti tbk skookrs mggiujt. Ce bk/sbk fuys tbk smlk pripkrty eir Vs. =

grirk tbk `kùgtk` PI^ tmx wcoo fk Vs. 0 omabs. Cj tbk gmsk m pkrsij trmjsekrs m pripkrty ms m hcet ti

bcs/bkr sij/`muhbtkr ir mjy itbkr pkrsij, trust ir irhmjcsmtcij tbk PI^ tmx `kùgtk` wcoo fk jco ms

tbkrk cs ji gmsb trmjsekr lm`k. Pbmt lkmjs tbkrk wcoo fk ji jkk` eir skpmrmtk rkhcstrmtcij mj`

rkvkjuk ̀ kpmrtlkjts eir rkhcstrmtcijs mj` bmjòcjh ie moo cllivmfok pripkrtcks.


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Pbk tbcr` suf mggiujt ie LWM Ukbcgoks Mggiujt) sbmoo fk utcocsk` eir iwjkrsbcp rchbts ie moolivmfok pripkrtcks ocak vkbcgoks, hio`, dkwkookry, mj` ktgktkrm. Pbk iwjkrsbcp rchbts ie tbksk

pripkrt

Date post:	07-Aug-2018
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