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ANNEX 4to the procedureNovation ContractI. The Contracting PartiesArt. 1The parties to the novation contract (hereinafter referred to as \"the Novation Contract\") are, on the one hand, Bursa Romn?
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The procedure for form organization and functioning outlines the guidelines and processes necessary for a specific entity or organization to establish itself and operate effectively, including governance structures and operational protocols.
Organizations, companies, or any entities that are required by regulatory bodies to formally document their organizational structure and operational procedures must file the procedure for form organization and functioning.
To fill out the procedure for form organization and functioning, the entity needs to provide detailed information about its organizational structure, roles and responsibilities, operational procedures, compliance measures, and any relevant governance practices.
The purpose of the procedure for form organization and functioning is to ensure clarity in governance, establish operational standards, facilitate compliance with legal requirements, and promote transparency and accountability within the organization.
Information that must be reported includes the organization's name, purpose, governance structure, operational procedures, roles of key personnel, and compliance policies.
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