Правила по оборудованию морских судов. Правила по грузоподъемным устройствам морских судов. Правила по грузовой марке морских судов

Подождите немного. Документ загружается.

4.2.2.5 <5AB> I8B>2 4>?CA:05BAO 8A?>;L7>20=85

1>@B>2KE AB5=>: <>AB8:0 8;8 @C;52>9 @C1:8 A

A>1;N45=85< 2A5E ?@>G8E B@51>20=89, 87;>65==KE

2 4.2.2.1 _ 4.2.2.4.

4.2.2.6 >@B>2K5 D>=0@8 =0 B>;:05<KE AC40E

4>;6=K CAB0=02;820BLAO 2 ?5@54=59 G0AB8 :>@?CA0

AC4=0.

@8 CAB0=>2:5 M;5:B@8G5A:8E D>=0@59 4>;6=K

1KBL ?@8=OBK :>=AB@C:B82=K5 <5@K, ?>72>;ONI85

?@8 M:A?;C0B0F88 CG5ABL A;54CNI55:

.1 ?@8 B>;:0=88 =5A:>;L:8E AC4>2 1>@B>2K5 D>=0@8

4>;6=K 706830BLAO B>;L:> =0 3>;>2=>< AC4=5;

.2 ?@8 =0;8G88 :0@020=0, A>AB>OI53> 87 A?0@5==KE

AC4>2, =0 :064>;:05<>< 3>;>2=>< AC4=5 4>;65=

706830BLAO B>;L:> >48= 1>@B>2>9 D>=0@L: =0 AC4=5,

=0E>4OI5<AO A ?@02>9 AB>@>=K, _ 1>@B>2>9 ?@02>3>

1>@B0, 0=0AC4=5, =0E>4OI5<AO A ;52>9 AB>@>=K, _

1>@B>2>9 ;52>3> 1>@B0.

4.2.3 >@<>2>9 D>=0@L.

>@<>2>9 D>=0@L 4>;65= CAB0=02;820BLAO,

=0A:>;L:> MB> ?@0:B8G5A:8 2>7<>6=>, 1;865 :

:>@<5 8 480<5B@0;L=>9 ?;>A:>AB8 AC4=0, ?>

A>3;0A>20=8N A 538AB@><.

0 1C:A8@=KE AC40E 4>?CA:05BAO CAB0=>2:0

:>@<>2>3> D>=0@O =0 4K<>2>9 B@C15 2KH5

1C:A8@=>3> CAB@>9AB20, ?> 2>7<>6=>AB8 =5 2KH5

C@>2=O 1>@B>2KE D>=0@59.

4.2.4 @C3>2>9 D>=0@L A 15;K< >3=5<.

4.2.4.1 @C3>2K5 D>=0@8 A 15;K< >3=5< 4>;6=K

CAB0=02;820BLAO 2 =>A>2>9 8 :>@<>2>9 >:>=5G=>ABOE

AC4=0; ?@8 MB>< :>@<>2>9 :@C3>2>9 D>=0@L A 15;K<

>3=5< 4>;65= CAB0=02;820BLAO =865 B0:>3> 65

=>A>2>3> D>=0@O =5 <5=55 G5< =0 4,5 <. 0 AC40E

4;8=>9 50 < 8 1>;55 2KA>B0 CAB0=>2:8 =>A>2>3>

:@C3>2>3> D>=0@O A 15;K< >3=5< =04 :>@?CA>< AC4=0

4>;6=0 1KBL =5 <5=55 6 <.

4.2.4.2 0 AC40E 4;8=>9 <5=55 50 < 2<5AB>

D>=0@59, C:070==KE 2 4.2.4.1, <>65B CAB0=02;8-

20BLAO >48= :@C3>2>9 D>=0@L A 15;K< >3=5< =0

=081>;55 284=>< <5AB5. 0 B0:8E AC40E CAB0=>2:0

:>@<>2>3> :@C3>2>3> D>=0@O A 15;K< >3=5< =5

O2;O5BAO >1O70B5;L=>9, >4=0:> 2 A;CG05 CAB0=>2:8

42CE :@C3>2KE D>=0@59 A 15;K< >3=5< >=8 4>;6=K

1KBL @0A?>;>65=K B0:, :0: MB> C:070=> 2 4.2.4.1.

4.2.4.3 @C3>2K5 D>=0@8 A 15;K< >3=5< <>3CB

CAB0=02;820BLAO :0: AB0F8>=0@=> =0 A?5F80;L=KE

AB>9:0E, B0: 8 A ?><>ILN CAB@>9AB20 4;O ?>4J5<0.

@C3>2K5 D>=0@8 A 15;K< >3=5< 4>;6=K @0A?>;030BLAO

2 >:>=5G=>ABOE AC4=0 =0 =081>;55 284=>< <5AB5.

4.2.5 $>=0@8 A83=0;0 «!C4=>, ;8H5==>5

2>7<>6=>AB8 C?@02;OBLAO».

20 :@C3>2KE D>=0@O A :@0A=K< >3=5< <>3CB

CAB0=02;820BLAO AB0F8>=0@=> ;81> A ?><>ILN

CAB@>9AB20 4;O 8E ?>4J5<0 =0 284=>< <5AB5

25@B8:0;L=> >48= ?>4 4@C38< 2 A>>B25BAB288 A

B@51>20=8O<8 4.1.7 8 4.1.9.

4.3 !+ !,-"'",+

$   !#%  #+ II

4.3.1 ">?>2K9 D>=0@L.

4.3.1.1 0 AC40E A <5E0=8G5A:8< ?@82>4><

4;8=>9 12 < 8 1>;55 =5B =5>1E>48<>AB8 CAB0=02;8-

20BL B>?>2K9 D>=0@L 2 =>A >B <845;O AC4=0, >4=0:>

A;54C5B CAB0=02;820BL 53> =0AB>;L:> 40;5:> 2 =>A

AC4=0, =0A:>;L:> MB> ?@0:B8G5A:8 2>7<>6=>.

">?>2K9 D>=0@L 4>;65= CAB0=02;820BLAO

A>3;0A=> B@51>20=8O< 4.2.1.3, 4.2.1.4 8 4.2.1.5.

4.3.1.2 0 AC40E A <5E0=8G5A:8< ?@82>4><

4;8=>9 <5=55 12 ?>2K9 D>=0@L 8;8 D>=0@L,

?@54?8A0==K9 2.3.7, <>65B 1KBL CAB0=>2;5= =0

2KA>B5 <5=55 2,5 < =04 ?;0=H8@5<, => =5 <5=55 1 <

=04 1>@B>2K<8 D>=0@O<8 8;8 A>548=5==K<

42CEF25B=K< D>=0@5<.

">?>2K9 8;8 :@C3>2>9 D>=0@L A 15;K< >3=5<

<>65B 1KBL A<5I5= >B 480<5B@0;L=>9 ?;>A:>AB8

AC4=0, 5A;8 53> CAB0=>2:0 2 480<5B@0;L=>9 ?;>A:>AB8

?@0:B8G5A:8 =52>7<>6=0, ?@8 CA;>288, GB> 1>@B>2K5

D>=0@8 >1J548=5=K 2 >48= D>=0@L, :>B>@K9 4>;65=

1KBL CAB0=>2;5= 2 480<5B@0;L=>9 ?;>A:>AB8 8;8 :0:

<>6=> 1;865 : 480<5B@0;L=>9 ?;>A:>AB8, 2 :>B>@>9

@0A?>;>65= B>?>2K9 8;8 :@C3>2>9 D>=0@L A 15;K<

>3=5<.

4.3.2 >@B>2K5 D>=0@8.

4.3.2.1 #AB0=>2:0 1>@B>2KE D>=0@59 8 8E I8BK

4>;6=K >B25G0BL B@51>20=8O< 4.2.2.1 _ 4.2.2.5,

?@8G5< =5 B@51C5BAO, GB>1K D>=0@8 CAB0=02;8-

20;8AL ?>7048 B>?>2>3> D>=0@O A @0AAB>O=85<

<564C =8<8, 1;87:8< : H8@8=5 AC4=0; :@><5 B>3>,

4;8=0 D>=0@=KE I8B>2 <>65B 1KBL C<5=LH5=0 A B5<,

GB>1K @0AAB>O=85 >B =0@C6=>9 :@><:8 ;8=7K 8;8

3;04:>3> AB5:;0 4> 704=59 :@><:8 ?5@54=59

?>?5@5G=>9 H8@<K 1K;> =5 <5=55 0,6 <.

4.3.2.2 A;8 =0 AC40E 3@C??K II 2<5AB> 1>@B>2KE

D>=0@59 ?@8<5=O5BAO A>548=5==K9 42CEF25B=K9

D>=0@L, >= 4>;65= CAB0=02;820BLAO 2 480-

<5B@0;L=>9 ?;>A:>AB8 AC4=0 =865 B>?>2>3> D>=0@O

=5 <5=55 G5< =0 1 < (A<. 4.3.1.2), ?@8G5< B0:8<

>1@07><, GB>1K A25B 53> 75;5=>3> A5:B>@0

@0A?@>AB@0=O;AO >B =0?@02;5=8O ?@O<> ?> =>AC 4>

22,58 ?>7048 B@025@70 ?@02>3> 1>@B0, 0 A25B :@0A=>3>

A5:B>@0 D>=0@O _ >B =0?@02;5=8O ?@O<> ?> =>AC 4>

22,58 ?>7048 B@025@70 ;52>3> 1>@B0.

A;8 8A?>;L7C5BAO A>548=5==K9 42CEF25B=K9

D>=0@L A >4=>9 25@B8:0;L=>9 =8BLN =0:0;0 8 >G5=L

C7:>9 ?5@53>@>4:>9 <564C 75;5=K< 8 :@0A=K<

A5:B>@0<8 D>=0@O, CAB0=>2:0 =0@C6=KE I8B>2 =5

B@51C5BAO.

4.3.2.3 A;8 ?0@CA=>5 AC4=> A=01605BAO A>-

548=5==K< B@5EF25B=K< D>=0@5< (A<. 2.3.3), >=

4>;65= CAB0=02;820BLAO =0 B>?5 8;8 >:>;> B>?0

<0GBK =0 =081>;55 284=>< <5AB5.  >AB0;L=><

CAB0=>2:0 A>548=5==>3> B@5EF25B=>3> D>=0@O

'0ABL III. !83=0;L=K5 A@54AB20 93

4>;6=0 2K?>;=OBLAO B0: 65, :0: MB> C:070=> 2 4.3.2.2

4;O A>548=5==>3> 42CEF25B=>3> D>=0@O.

4.3.3 >@<>2>9 D>=0@L.

#AB0=>2:0 :>@<>2>3> D>=0@O 4>;6=0 >ACI5AB-

2;OBLAO A>3;0A=> B@51>20=8O<, 87;>65==K< 2 4.2.3.

1 CAB0=>2:5 A>548=5==>3> B@5EF25B=>3> D>=0@O

2<5AB> :>@<>2>3> 8 1>@B>2KE D>=0@59 _ A<. 4.3.2.3.

4.3.4 @C3>2>9 D>=0@L A 15;K< >3=5<.

@C3>2>9 D>=0@L A 15;K< >3=5< 4>;65= CAB0-

=02;820BLAO A>3;0A=> B@51>20=8O< 4.2.4.2 8 4.3.1.2.

4.3.5 $>=0@8 A83=0;0 «!C4=>, ;8H5==>5

2>7<>6=>AB8 C?@02;OBLAO».

#AB0=>2:0 42CE :@C3>2KE D>=0@59 A :@0A=K<

>3=5< 4>;6=0 >ACI5AB2;OBLAO A>3;0A=> B@51>20-

=8O< 4.2.5.

4.4 ",+ $   #! #.)%

 ".)% !#%, ++%

 &!% !#%, !#%,  '+%

 !"   ",,

 !#%  #( #(

4.4.1 C:A8@=K5 8 1C:A8@>2>G=K5 D>=0@8.

4.4.1.1 0 AC40E 3@C??K I, ?@54=07=0G5==KE

4;O 1C:A8@>2:8 4@C38E AC4>2, =0 ?5@54=59 8;8

704=59 <0GB5 4>;6=K CAB0=02;820BLAO B@8 D>=0@O,

>48= 87 :>B>@KE >4=>2@5<5==> 4>;65= 1KBL

?5@54=8< 8;8 704=8?>2K< D>=0@5<, 0420

4>?>;=8B5;L=KE A B0:>9 65 E0@0:B5@8AB8:>9 (A<.

B01;. 3.1.2, ?.1)4>;6=K @0A?>;030BLAO 2KH5

8/8;8 =865 ?5@54=53> 8;8 704=53> B>?>2>3>

D>=0@O 25@B8:0;L=> >48= =04 4@C38< A @0A-

AB>O=85< <564C =8<8 A>3;0A=> 4.1.9.1.

 >AB0;L=>< CAB0=>2:0 1C:A8@=KE D>=0@59

4>;6=0 2K?>;=OBLAO B0: 65, :0: MB> C:070=> 2 4.2.1

4;O B>?>2KE D>=0@59, 8<5O 2 284C, GB> 5A;8 B@8

1C:A8@=KE D>=0@O =0E>4OBAO =0 704=59 <0GB5, A0<K9

=86=89 87 =8E 4>;65= 1KBL @0A?>;>65= ?> <5=LH59

<5@5 =0 4,5 < 2KH5 ?> 25@B8:0;L=>9 ;8=88, G5<

?5@54=89 B>?>2K9 D>=0@L.

4.4.1.2 0 AC40E, ?@54=07=0G5==KE 4;O B>;:0=8O

4@C38E AC4>2, =0 D>:-<0GB5 4>;6=K CAB0=02;820BLAO

420 1C:A8@=KE D>=0@O, >48= 87 :>B>@KE >4=>2@5-

<5==> 4>;65= 1KBL ?5@54=8?>2K< D>=0@5<.

B>@>9 D>=0@L 4>;65= CAB0=02;820BLAO A>3;0A=>

B@51>20=8O< 4.4.1.1.

4.4.1.3 0 AC40E 3@C??K II 420 1C:A8@=KE D>=0@O

4>;6=K CAB0=02;820BLAO B0: 65, :0: MB> C:070=> 2

4.4.1.1 8 4.4.1.2, ?@8G5< 25@B8:0;L=>5 @0AAB>O=85

<564C =8<8 4>;6=> 1KBL =5 <5=55 C:070==>3> 2

4.1.9.2 (A<. B0:65 ?@8<5G0=85 1 : B01;. 2.4.1).

4.4.1.4 C:A8@>2>G=K9 D>=0@L (?.7B01;. 3.1.2)

4>;65= CAB0=02;820BLAO =0 1C:A8@=KE AC40E ?>

25@B8:0;L=>9 ;8=88 =04 :>@<>2K< D>=0@5< A

@0AAB>O=85< <564C =8<8 A>3;0A=> 4.1.9.

4.4.2 @C3>2K5 D>=0@8 4;O AC4>2, 70=OBKE

B@0;5=85<.

4.4.2.1 !C40, 70=OBK5 B@0;5=85<, 4>;6=K 8<5BL

420 :@C3>2KE D>=0@O, @0A?>;>65==KE 25@B8:0;L=>

>48= =04 4@C38<, ?@8G5< 25@E=89 4>;65= 1KBL A

75;5=K< >3=5<, 0 =86=89 _ A 15;K<. 10 :@C3>2KE

D>=0@O 4>;6=K CAB0=02;820BLAO A>3;0A=> B@51>-

20=8O< 4.1.7 8 4.1.9.

4.4.2.2 #:070==K5 2 4.4.2.1 D>=0@8 <>3CB 1KBL

:0: AB0F8>=0@=K<8, B0: 8 ?>4=8<05<K<8 A

A>>B25BAB2CNI8<8 ?@8A?>A>1;5=8O<8 4;O

>4=>2@5<5==>3> 8E ?>4J5<0 8 A?CA:0.

4.4.2.3 0 AC40E, 70=OBKE B@0;5=85<, 4;8=>9 50 <

8 1>;55 704=89 B>?>2K9 D>=0@L 4>;65= 1KBL

@0A?>;>65= ?>7048 8 2KH5 :@C3>2>3> D>=0@O A

75;5=K< >3=5<. 0A?>;>65=85 D>=0@59 =0 AC40E

4;8=>9 <5=55 50 < 4>;6=> 1KBL B0:8< 65, 5A;8 =0

=8E CAB0=02;8205BAO B>?>2K9 D>=0@L, C?><O=CBK9 2

?@8<5G0=88 6 :B01;. 2.4.1.

4.4.2.4 >?>;=8B5;L=K5 >3=8 4;O AC4>2, 70=OBKE

B@0;5=85< =0 1;87:>< @0AAB>O=88 4@C3 >B 4@C30 8;8

?0@=K< B@0;5=85<, 4>;6=K 1KBL @0A?>;>65=K =0

=081>;55 284=>< <5AB5 =0 @0AAB>O=88 =5 <5=55 0,9 <

2 AB>@>=C >B >3=59, ?@54?8A0==KE 4.4.2.1, 8 =865, 0

25@B8:0;L=>5 @0AAB>O=85 <564C 4>?>;=8B5;L=K<8

>3=O<8 4>;6=> 1KBL =5 <5=55 2 <.

4.4.3 @C3>2K5 D>=0@8 4;O AC4>2, 70=OBKE

;>2>< @K1K.

4.4.3.1 !C40 A 2K<5B0==K<8 2 <>@5 A=0ABO<8,

?@>AB8@0NI8<8AO ?> 3>@87>=B0;8 >B AC4=0 =0

@0AAB>O=88 =5 1>;55 150 <, 4>;6=K 8<5BL 420

:@C3>2KE D>=0@O (>48= A :@0A=K< >3=5< 8 >48= A

15;K<), CAB0=>2;5==KE, :0: C:070=> 2 4.4.2.1 8

4.4.2.2 4;O D>=0@59 =0 AC40E, 70=OBKE B@0;5=85<,

?@8G5< 25@E=89 D>=0@L 4>;65= 1KBL A :@0A=K<

>3=5<. 86=89 D>=0@L 4>;65= CAB0=02;820BLAO =04

1>@B>2K<8 D>=0@O<8 =0 2KA>B5 =5 <5=55 C42>5==>3>

@0AAB>O=8O <564C :@C3>2K<8 D>=0@O<8 A :@0A=K< 8

15;K< >3=5<.

4.4.3.2 !C40 A 2K<5B0==K<8 2 <>@5 A=0ABO<8,

?@>AB8@0NI8<8AO ?> 3>@87>=B0;8 >B AC4=0 =0

@0AAB>O=88 1>;55 150 <, 4>;6=K 8<5BL B@8

:@C3>2KE D>=0@O, 420 87 :>B>@KE (>48= A :@0A=K<

>3=5< 8 >48= A 15;K<) 4>;6=K 1KBL CAB0=>2;5=K,

:0: C:070=> 2 4.4.3.1, 0 B@5B89 (A 15;K< >3=5<)

4>;65= 1KBL @0A?>;>65= 2 =0?@02;5=88 2K<5B0==KE

A=0AB59 ?> 3>@87>=B0;8 =0 @0AAB>O=88 =5 <5=55 2 8

=5 1>;55 6 < >B @0A?>;>65==KE ?> 25@B8:0;L=>9

;8=88 :@C3>2KE D>=0@59. -B>B :@C3>2>9 D>=0@L A

15;K< >3=5< 4>;65= CAB0=02;820BLAO =0 2KA>B5, =5

?@52KH0NI59 ?@54?8A0==CN 2 4.4.3.1 2KA>BC 4;O

:@C3>2>3> D>=0@O A 15;K< >3=5< 8 =5 =865 1>@B>2KE

D>=0@59.

4.4.3.3 !C40, 70=OBK5 ;>2>< @K1K :>H5;L:>2K<8

=52>40<8 =0 1;87:>< @0AAB>O=88 4@C3 >B 4@C30, <>3CB

2KAB02;OBL 420 :@C3>2KE D>=0@O A 65;BK< >3=5<,

94 @028;0 ?> >1>@C4>20=8N <>@A:8E AC4>2

@0A?>;>65==KE ?> 25@B8:0;L=>9 ;8=88 =0 =081>;55

284=>< <5AB5 =0 @0AAB>O=88 =5 <5=55 0,9 < 2 AB>@>=C >B

>3=59, ?@54?8A0==KE 4.4.3.1, 8 =865.

-B8 D>=0@8 4>;6=K ?>?5@5<5==> 4020BL ?@>1;5A:8

:064CN A5:C=4C, ?@8G5< ?@>4>;68B5;L=>ABL A25G5=8O 8

70B5<=5=8O 4>;6=0 1KBL >48=0:>2>9.

4.4.4 @C3>2K5 D>=0@8 4;O ;>F<0=A:8E AC4>2.

>F<0=A:85 AC40 4>;6=K 8<5BL 420 :@C3>2KE

D>=0@O, @0A?>;>65==KE 25@B8:0;L=> >48= =04

4@C38<, ?@8G5< 25@E=89 4>;65= 1KBL A 15;K<

>3=5<, 0 =86=89 _ A :@0A=K<. 5@E=89 D>=0@L

4>;65= CAB0=02;820BLAO =0 B>?5 D>:-<0GBK 8;8

21;878 B>?0 D>:-<0GBK. 10 :@C3>2KE D>=0@O

4>;6=K CAB0=02;820BLAO AB0F8>=0@=> 8 2 A>>B25BAB-

288 A B@51>20=8O<8, 87;>65==K<8 2 4.1.7 8 4.1.9.

4.4.5 $>=0@8 A83=0;0 «!C4=>, >3@0=8G5==>5 2

2>7<>6=>AB8 <0=52@8@>20BL».

4.4.5.1 !C40, >3@0=8G5==K5 2 2>7<>6=>AB8

<0=52@8@>20BL, 4>;6=K 8<5BL D>=0@8, A>AB>OI85

87 A>G5B0=8O 25@B8:0;L=> @0A?>;>65==KE >48= =04

4@C38< B@5E :@C3>2KE D>=0@59, ?@8G5< 25@E=89 8

=86=89 D>=0@8 4>;6=K 1KBL A :@0A=K< >3=5<, 0

A@54=89 _ A 15;K<. -B8 :@C3>2K5 D>=0@8 4>;6=K

CAB0=02;820BLAO =0 =081>;55 284=>< <5AB5 A>3;0A=>

B@51>20=8O<, 87;>65==K< 2 4.1.7, 4.1.9 8 4.2.1.3.

>340 ?@0:B8G5A:8 =52>7<>6=> @0A?>;>68BL MB8

:@C3>2K5 D>=0@8 =865 B>?>2KE, >=8 <>3CB 1KBL

@0A?>;>65=K 2KH5 704=53> B>?>2>3> D>=0@O A

A>1;N45=85< B@51>20=89 4.1.9 8;8 @0A?>;>65=K =0

2KA>B5 <564C ?5@54=8< 8 704=8?>2K<8

D>=0@O<8.  ?>A;54=5< A;CG05 >=8 4>;6=K 1KBL

2K=5A5=K =0 @0AAB>O=85 =5 <5=55 2 < ?> 3>@87>=B0;8

>B 480<5B@0;L=>9 ?;>A:>AB8.

4.4.5.2 >?>;=8B5;L=K5 :@C3>2K5 D>=0@8 AC4>2,

70=OBKE 4=>C3;C18B5;L=K<8 8;8 ?>42>4=K<8

@01>B0<8, ?@54CA<>B@5==K5 2 2.4.2, 4;O C:070=8O

AB>@>=K, =0 :>B>@>9 ACI5AB2C5B ?@5?OBAB285 (420

:@C3>2KE D>=0@O A :@0A=K< >3=5<), 8 AB>@>=K, A

:>B>@>9 <>65B 157>?0A=> ?@>9B8 4@C3>5 AC4=> (420

:@C3>2KE D>=0@O A 75;5=K< >3=5<), 4>;6=K 1KBL

@0A?>;>65=K =0 <0:A8<0;L=> 2>7<>6=>< C40;5=88

?> 3>@87>=B0;8, => =8 2 :>5< A;CG05 =5 =0E>48BLAO =0

@0AAB>O=88 <5=55 2 < >B :@C3>2KE D>=0@59,

C:070==KE 2 4.4.5.1. @C3>2K5 D>=0@8 A :064>3>

1>@B0 4>;6=K @0A?>;030BLAO 25@B8:0;L=> >48= =04

4@C38<, ?@8G5< 25@E=89 87 =8E =8 2 :>5< A;CG05 =5

4>;65= =0E>48BLAO 2KH5 =86=53> 87 B@5E :@C3>2KE

D>=0@59, C:070==KE 2 4.4.5.1.

4.4.6 $>=0@8 4;O ?0@CA=KE AC4>2.

A;8 ?0@CA=>5 AC4=> A=01605BAO :@C3>2K<8

D>=0@O<8, C:070==K<8 2 2.2.7, >=8 4>;6=K

CAB0=02;820BLAO =0 B>?5 D>:-<0GBK 8;8 21;878 B>?0

D>:-<0GBK =0 =081>;55 284=>< <5AB5. @C3>2K5

D>=0@8 4>;6=K @0A?>;030BLAO 25@B8:0;L=> >48=

=04 4@C38< A @0AAB>O=85< <564C =8<8, C:070==K<

2 4.1.9, ?@8G5< 25@E=89 D>=0@L 4>;65= 1KBL A

:@0A=K< >3=5<, 0=86=89_ A 75;5=K<. -B8

:@C3>2K5 D>=0@8 =5 4>;6=K CAB0=02;820BLAO

A>2<5AB=> A A>548=5==K< B@5EF25B=K< D>=0@5<.

4.4.7 $>=0@L 4;O AC4>2 =0 2>74CH=>9 ?>4CH:5.

$>=0@L A E0@0:B5@8AB8:>9, C:070==>9 2 ?.9B01;.

3.1.2, 4>;65= CAB0=02;820BLAO =0 AC40E =0 2>74CH=>9

?>4CH:5 B0:8< >1@07><, GB>1K 53> >3>=L 1K;

2848<K< 2>:@C3 ?> 2A5<C 3>@87>=BC. #AB0=>2:0

MB>3> D>=0@O 4>;6=0 1KBL AB0F8>=0@=>9.

4.4.8 $>=0@8 4;O AC4>2, AB5A=5==KE A2>59

>A04:>9.

A;8 AC4=> A=01605BAO :@C3>2K<8 D>=0@O<8,

C:070==K<8 2 2.2.10, >=8 4>;6=K CAB0=02;820BLAO =0

=081>;55 284=>< <5AB5, 25@B8:0;L=> >48= =04 4@C38< A

@0AAB>O=85< <564C =8<8, C:070==K< 2 4.1.9.

>340 ?@0:B8G5A:8 =52>7<>6=> @0A?>;>68BL MB8

:@C3>2K5 D>=0@8 =865 B>?>2KE, >=8 <>3CB 1KBL

@0A?>;>65=K 2KH5 704=53> B>?>2>3> D>=0@O (D>=0@59)

A A>1;N45=85< 25@B8:0;L=>3> @0AAB>O=8O <564C MB8<8

D>=0@O<8 8;8 @0A?>;>65=K ?> 25@B8:0;8 <564C

?5@54=8?>2K< D>=0@5< (D>=0@O<8) 8 704=8<

D>=0@5< (D>=0@O<8).  ?>A;54=5< A;CG05 >=8 4>;6=K

1KBL 2K=5A5=K =0 @0AAB>O=85 =5 <5=55 2 <?>3>@8-

7>=B0;8 >B 480<5B@0;L=>9 ?;>A:>AB8.

4.4.9 $>=0@8 4;O 1C:A8@C5<KE AC4>2 8;8

>1J5:B>2.

0 1C:A8@C5<KE <0;>70<5B=KE G0AB8G=>

?>3@C65==KE AC40E 8;8 >1J5:B0E 8;8 A>G5B0=89

B0:8E AC4>2 8;8 >1J5:B>2 4>;6=K 1KBL CAB0=>2-

;5=K :@C3>2K5 A83=0;L=>->B;8G8B5;L=K5 D>=0@8 A

15;K< >3=5<.

4.4.9.1 @8 H8@8=5 AC4=0 8;8 >1J5:B0 <5=55 25 <

CAB0=02;8205BAO ?> >4=><C :@C3>2><C D>=0@N 2

=>A>2>9 8 :>@<>2>9 >:>=5G=>ABOE 8;8 21;878 =8E,

70 8A:;NG5=85< M;0AB8G=KE 1C:A8@C5<KE 5<:>AB59,

=0 :>B>@KE CAB0=>2:0 :@C3>2>3> D>=0@O 2 =>A>2>9

>:>=5G=>AB8 8;8 21;878 =55 =5 B@51C5BAO.

4.4.9.2 @8 H8@8=5 AC4=0 8;8 >1J5:B0 25 <8

1>;55 CAB0=02;820NBAO 420 4>?>;=8B5;L=KE

:@C3>2KE D>=0@O 2 :@09=8E B>G:0E 1>@B0, GB>1K

@0AAB>O=85 <564C =8<8 1K;> 1;87:8< : H8@8=5

AC4=0 8;8 >1J5:B0.

4.4.9.3 @8 4;8=5 AC4=0 8;8 >1J5:B0 1>;55 100 <

4>?>;=8B5;L=> CAB0=02;820NBAO :@C3>2K5 D>=0@8

<564C D>=0@O<8, ?@54?8A0==K<8 4.4.9.1 8 4.4.9.2

B0:, GB>1K @0AAB>O=85 <564C D>=0@O<8 =5

?@52KH0;> 100 <.

4.5 !,- !+ $ 

4.5.1 0<?0 4=52=>9 A83=0;870F88.

0<?0 4=52=>9 A83=0;870F88 4>;6=0 E@0=8BLAO

2 @C;52>9 8;8 2 HBC@<0=A:>9 @C1:5 8 4>;6=0 1KBL

2A5340 3>B>20 : 8A?>;L7>20=8N.

'0ABL III. !83=0;L=K5 A@54AB20 95

4.5.2 $>=0@L <0=52@>C:070=8O.

$>=0@L <0=52@>C:070=8O 4>;65= @0A?>;030BLAO 2

B>9 65 A0<>9 ?@>4>;L=>-25@B8:0;L=>9 ?;>A:>AB8,

GB> 8 B>?>2K5 D>=0@8 8 ?> 2>7<>6=>AB8 =0 2KA>B5

=5 <5=55 2 < 2KH5 ?5@54=53> B>?>2>3> D>=0@O; ?@8

MB>< >= 4>;65= @0A?>;030BLAO =5 <5=55 G5< =0 2 <

2KH5 8;8 =865 704=53> B>?>2>3> D>=0@O.

0 AC4=5, :>B>@>5 8<55B B>;L:> >48= B>?>2K9

D>=0@L, D>=0@L <0=52@>C:070=8O 4>;65= CAB0=02;8-

20BLAO =0 =081>;55 284=>< <5AB5 =0 @0AAB>O=88 =5

<5=55 2 < ?> 25@B8:0;8 >B B>?>2>3> D>=0@O.

$>=0@L <0=52@>C:070=8O 4>;65= 1KBL CAB0-

=>2;5= B0:, GB>1K 53> A25B 1K; 2845= 2>:@C3 ?>

2A5<C 3>@87>=BC.

A;8 ?@54CA<0B@8205BAO >4=>2@5<5==0O ?>40G0

A25B>2KE 8 72C:>2KE A83=0;>2, B> A;54C5B

?@54CA<0B@820BL B0:65 2>7<>6=>ABL >B45;L=>9

?>40G8 A25B>2KE A83=0;>2.

4.6 #+ !,+ ! !"

4.6.1 1I85 B@51>20=8O.

4.6.1.1 2C:>2K5 A83=0;L=K5 A@54AB20 4>;6=K

CAB0=02;820BLAO B0:8< >1@07><, GB>1K =8:0:85 G0AB8

:>=AB@C:F88 8;8 >1>@C4>20=8O AC4=0 =5 A>74020;8

72C:>2KE ?><5E 8 =5 A=860;8 A8;K 8 G8AB>BK 72C:0,

8740205<>3> MB8<8 A@54AB20<8.

4.6.1.2 @82>4K : 72C:>2K< A83=0;L=K<

A@54AB20< 4>;6=K 8<5BL B0:CN :>=AB@C:F8N,

GB>1K 8A:;NG0;0AL 2>7<>6=>ABL A0<>?@>872>;L=>9

?>40G8 72C:0 ?>4 2>7459AB285< 25B@0, A=530,

>1;545=5=8O 8 B. ?.

4.6.2 !28AB:8.

4.6.2.1 !28AB:8 4>;6=K CAB0=02;820BLAO B0:,

GB>1K F5=B@ 8AB>G=8:0 72C:0 =0E>48;AO =0 2KA>B5

=5 <5=55 2,5 < =04 A0<>9 25@E=59 ?0;C1>9,

?@>AB8@0NI59AO >B 1>@B0 4> 1>@B0, 8 =5 <5=55 G5<

=0 0,5 < 2KH5 =04AB@>5: 8 4@C38E :>=AB@C:F89 =0

MB>9 ?0;C15, :>B>@K5 <>3;8 1K <5H0BL @0A-

?@>AB@0=5=8N 72C:0.

#@>25=L 72C:>2>3> 402;5=8O A>1AB25==>3>

72C:>2>3> A83=0;0, 87<5@O5<K9 2 <5AB0E

?@>A;CH820=8O 72C:>2>3> A83=0;0 2AB@5G=>3> AC4=0

(E>4>2>9 8 25@E=89 <>AB8:8, @C;520O @C1:0 8 :@K;LO

E>4>2>3> <>AB8:0) =5 4>;65= ?@52KH0BL 110 4 8,

=0A:>;L:> MB> ?@0:B8G5A:8 2>7<>6=>, =5 ?@52KH0BL

100 4. #AB0=>2;5==K9 =0 AC4=5 A28AB>: 4>;65=

C4>2;5B2>@OBL B@51>20=8O< B01;. 3.3.1.

48=AB25==K9 A28AB>: =0 AC4=5 4>;65=

CAB0=02;820BLAO B0:8< >1@07><, GB>1K <0:A8<0;L-

=0O A8;0 53> 72C:0 =0?@02;5=0 1K;0 ?@O<> ?> E>4C

AC4=0.

 3>@87>=B0;L=>9 ?;>A:>AB8 2 ?@545;0E +458 >B

>A=>2=>9 >A8 A28AB:0 (2 =0?@02;5=88 ?@O<> ?> E>4C

AC4=0) ?5@5?04 C@>2=O 72C:>2>3> 402;5=8O A28AB:0 ?>

>B=>H5=8N : ?@54?8A0==><C C@>2=N 2 >A=>2=><

=0?@02;5=88 @0A?@545;5=8O 72C:0 =5 4>;65=

?@52KH0BL 4 4. > 2A5E >AB0;L=KE =0?@02;5=8OE 2

3>@87>=B0;L=>9 ?;>A:>AB8 ?5@5?04 C@>2=O 72C:>2>3>

402;5=8O ?> >B=>H5=8N : C@>2=N =0 >A=>2=><

=0?@02;5=88 =5 4>;65= ?@52KH0BL 10 4 8 1KBL

B0:8<, GB>1K 40;L=>ABL A;KH8<>AB8 2 ;N1><

=0?@02;5=88 1K;0 =5 <5=55 ?>;>28=K 40;L=>AB8

A;KH8<>AB8 =0 >A=>2=>< =0?@02;5=88.

4.6.2.2 !8AB5<0 ?>42>4:8 ?0@0 8;8 2>74CE0

4>;6=0 1KBL CAB@>5=0 B0:, GB>1K ?>40G0 MB8E

035=B>2 157 :>=45=A0B0 >15A?5G820;0AL 2 ;N1>5

2@5<O 8 ?@8 ;N1>< A>AB>O=88 0B<>AD5@K.

4.6.2.3 =>?:8 8;8 @CG=K5 @KG038 4;O

C?@02;5=8O A28AB:>< 4>;6=K @07<5I0BLAO =0

?>AB0E C?@02;5=8O AC4=><. 0 AC40E =5>3@0=8-

G5==>3> @09>=0 ?;020=8O 8 >3@0=8G5==>3> @09>=0

?;020=8O I 4>;6=K CAB0=02;820BLAO ?> :@09=59 <5@5

>4=0 :=>?:0 (@KG03) 2 @C;52>9 @C1:5 8 ?> >4=>9

:=>?:5 (@KG03C) 2=5 @C;52>9 @C1:8, =0 :@K;LOE

E>4>2>3> <>AB8:0 (5A;8 >=8 8<5NBAO). 0 >A-

B0;L=KE AC40E 4>;6=0 CAB0=02;820BLAO ?> :@09=59

<5@5 >4=0 :=>?:0 (@KG03) A :064>9 AB>@>=K <>AB8:0;

=0 AC40E 4;8=>9 <5=55 20 < <>65B CAB0=02;820BLAO

B>;L:> >4=0 :=>?:0 (@KG03).

4.6.2.4 A;8 =0 AC4=5 A28AB:8 CAB0=02;820NBAO =0

@0AAB>O=88 1>;55 100 < 4@C3 >B 4@C30, 4>;6=K 1KBL

?@8=OBK :>=AB@C:B82=K5 <5@K, GB>1K >=8 =5

459AB2>20;8 >4=>2@5<5==>. A;8 87-70 =0;8G8O

?@5?OBAB289 72C:>2>5 ?>;5 548=8G=>3> A28AB:0 8;8

>4=>3> 87 A28AB:>2 8<55B 7>=C 7=0G8B5;L=>

A=865==>3> C@>2=O 3@><:>AB8 A83=0;0, @5:><5=4C5BAO

CAB0=>28BL A8AB5<C A>548=5==KE A28AB:>2 B0:, GB>1K

?@54>B2@0B8BL A=865=85 MB>3> C@>2=O. !8AB5<0

A>548=5==KE A28AB:>2 4>;6=0 @0AA<0B@820BLAO :0:

>48= A28AB>:. !28AB:8 B0:>9 A8AB5<K 4>;6=K 1KBL

@0A?>;>65=K =0 @0AAB>O=88 =5 1>;55 100 <4@C3>B

4@C30 8 CAB0=>2;5=K B0:, GB>1K >=8 <>3;8 459AB2>20BL

>4=>2@5<5==>. '0AB>BK MB8E A28AB:>2 4>;6=K >B;8-

G0BLAO >B G0AB>B 4@C38E A28AB:>2 =5 <5=55 G5< =0 10 F.

4.6.2.5 0 AC40E, ?;020NI8E 2 @09>=0E, 345

2>7<>6=> >1;545=5=85 A28AB:0, 4>;65= 1KBL

?@54CA<>B@5= 53> >1>3@52.

4.6.3 >;>:>;.

>;>:>; 4>;65= CAB0=02;820BLAO AB0F8>=0@=> =0

>B:@KB>< <5AB5 10:0 21;878 1@0H?8;O 8;8 H?8;O 8

>15A?5G820BL C@>25=L 72C:>2>3> 402;5=8O =5 <5=55

110 4 =0 @0AAB>O=88 1 < >B =53>.

>;>:>; 4>;65= 1KBL ?>425H5= B0:8< >1@07><,

GB>1K 1K;> >15A?5G5=> 53> A2>1>4=>5 :0G0=85 2

;N1CN AB>@>=C =5 <5=55 G5< =0 508 157 :0A0=8O

:0:8E-;81> G0AB59 :>=AB@C:F88 8;8 CAB@>9AB2 AC4=0.

4.6.4 >=3.

>=3 4>;65= 1KBL B0:8<, GB>1K 53> 72C: ?> B>=C

8 72CG0=8N @57:> >B;8G0;AO >B 72C:0, CAB0=>2;5==>3>

96 @028;0 ?> >1>@C4>20=8N <>@A:8E AC4>2

=0 AC4=5 :>;>:>;0, 8 4>;65= >15A?5G820BL C@>25=L

72C:>2>3> 402;5=8O =5 <5=55 110 4 =0 @0AAB>O=88

1 < >B =53>.

>=3 4>;65= CAB0=02;820BLAO :0: <>6=> 1;865 :

:>@<>2>9 >:>=5G=>AB8 AC4=0 2 B0:>< <5AB5, 345 =8GB> =5

<>65B ?><5H0BL @0A?@>AB@0=5=8N 8740205<>3> 8<

72C:0, 8 ?>425H820BLAO A>3;0A=> 4.6.3.

!B0F8>=0@=0O CAB0=>2:0 3>=30 <0AA>9 4> 5 :3 =5

>1O70B5;L=0, => 4;O E@0=5=8O 53> 4>;6=> 1KBL

?@54CA<>B@5=> A?5F80;L=>5 3=574>, @0A?>;>65==>5

2 :>@<>2>9 G0AB8 AC4=0.

>;>BCH:0 3>=30 4>;6=0 E@0=8BLAO 2 A?5F80;L=><

3=5745 2 =5?>A@54AB25==>9 1;87>AB8 : 3>=3C.

4.7 #!" !" / *  % /

!,+% $#

4.7.1 0 AC40E 4>;6=K =0E>48BLAO A>>B25BAB2CN-

I85 CAB@>9AB20 (<0GBK, HB038 A 4>AB0B>G=K< :>;8G5AB-

2>< A83=0;L=KE D0;>2) 4;O ?>4J5<0 A83=0;L=KE D83C@.

4.7.2 !83=0;L=K5 D83C@K 4>;6=K E@0=8BLAO 21;878

E>4>2>3> <>AB8:0 8;8 21;878 CAB@>9AB2 4;O 8E ?>4J5<0.

!83=0;L=K5 D83C@K =5A0<>E>4=KE 157M:8-

?06=KE AC4>2 <>3CB E@0=8BLAO =0 1C:A8@=>< 8;8

>1A;C6820NI5< AC4=5.

4.8 #!" !" / % /  "%'!%

!,+% ! !"

4.8.1 ;O E@0=5=8O ?8@>B5E=8G5A:8E A83=0;L=KE

A@54AB2 4>;6=K 1KBL ?@54CA<>B@5=K A?5F80;L=K5

2>4>=5?@>=8F05<K5 <5B0;;8G5A:85 H:0DK,

2AB@>5==K5 2 @C1:C =0 E>4>2>< <>AB8:5, 8;8

<5B0;;8G5A:89 OI8:, =0456=> 70:@5?;5==K9 =0

?0;C15 <>AB8:0.

4.9 #!" !" / % / !+% $ 

4.9.1 ;O E@0=5=8O 70?0A=>3> :><?;5:B0 D>=0@59

=0 AC40E 3@C??K I 4>;6=0 1KBL ?@54CA<>B@5=0

A?5F80;L=> >1>@C4>20==0O D>=0@=0O :;04>20O 8;8

A?5F80;L=K9 D>=0@=K9 H:0D.

4.9.2 #AB@>9AB20 4;O E@0=5=8O <0A;O=KE D>=0@59

83>@NG59A<5A8, B@51C5<>9 2.2.6.5, 4>;6=K

C4>2;5B2>@OBL B@51>20=8O<, 87;>65==K< 2 2.1.5 8

?.6B01;. 3.1.2.1 G0AB8 VI «@>B82>?>60@=0O

70I8B0» @028; :;0AA8D8:0F88 8 ?>AB@>9:8

<>@A:8E AC4>2.

5 ",+ !,+ ! !"

!# !( /

5.1 ) " /

5.1.1 !C40 A<5H0==>3> ?;020=8O 2 4>?>;=5=85 :

A83=0;L=K< A@54AB20<, B@51C5<K< @074.2,38 4,

4>;6=K 1KBL A=0165=K A83=0;L=K<8 A@54AB20<8 2

A>>B25BAB288 A =0AB>OI8< @0745;><.

5.1.2 !>AB02, @0A?>;>65=85 8 ?>@O4>: =5A5=8O

A83=0;L=>->B;8G8B5;L=KE D>=0@59 8 4=52=KE

A83=0;>2 >?@545;ONBAO @028;0<8 ?;020=8O ?>

2=CB@5==8< 2>4=K< ?CBO< >AA89A:>9 $545@0F88 8

<5AB=K<8 ?@028;0<8 ?;020=8O.

5.2 ! !# !,+ ! !"

5.2.1 !C40 A<5H0==>3> ?;020=8O 4>?>;=8B5;L=>

: A83=0;L=K< A@54AB20<, B@51C5<K< B01;. 2.2.1, 2.3.1

8 2.4.1, 4>;6=K A=0160BLAO A83=0;L=K<8 A@54AB20<8

A>3;0A=> B01;. 5.2.1.

5.2.2 !83=0;L=>->B;8G8B5;L=K5 D>=0@8 4>;6=K

1KBL M;5:B@8G5A:8<8. E ?8B0=85 4>;6=> >ACI5AB2-

;OBLAO 2 A>>B25BAB288 A 6.8.2, 9.3.1 8 19.1.2.1

G0AB8 XI «-;5:B@8G5A:>5 >1>@C4>20=85» @028;

:;0AA8D8:0F88 8 ?>AB@>9:8 <>@A:8E AC4>2.

5.2.3 064>5 AC4=> 4>;6=> 1KBL A=0165=> 70?0A-

=K<8 G0ABO<8 : A83=0;L=>->B;8G8B5;L=K< D>=0@O<:

.1 >4=8< A25B>D8;LB@>< 4;O :064>3> F25B=>3>

D>=0@O, 5A;8 2 D>=0@5 =5 ?@8<5=5=0 F25B=0O ;8=70;

.2 >4=>9 M;5:B@8G5A:>9 ;0<?>9 =0 :064K9

M;5:B@8G5A:89 D>=0@L.

5.3 "%'! " /  !,+

! !"

5.3.1 A=>2=K5 E0@0:B5@8AB8:8 A83=0;L=>-

>B;8G8B5;L=KE D>=0@59 4>;6=K C4>2;5B2>@OBL

B@51>20=8O< B01;. 5.3.1.

5.3.2 !83=0;L=K5 D;038 4>;6=K 1KBL 873>B>2;5-

=K 87 H5@ABO=>9 D;06=>9 B:0=8 (D;034C:0)

4>AB0B>G=>9 ?@>G=>AB8 8 AB>9:>9 >:@0A:8. >?CA-

:05BAO 873>B>2;5=85 D;03>2 87 A8=B5B8G5A:8E

<0B5@80;>2.

5.3.3 !83=0;L=K5 D;038 4>;6=K 1KBL :204@0B-

=K<8. 07<5@ AB>@>=K :204@0B0 4>;65= 1KBL =5

<5=55 1000 <<, 0 D;03>2->B<0H5: _ =5 <5=55

'0ABL III. !83=0;L=K5 A@54AB20 97

700 <<. ;O AC4>2 4;8=>9 <5=55 20 < @07<5@ AB>-

@>=K :204@0B0 D;030 4>;65= 1KBL =5 <5=55 500 <<.

5.4 #!" !,+% ! !"  !#

5.4.1 @8 CAB0=>2:5 =0 <0GB5 =5A:>;L:8E

D>=0@59 (>48= =04 4@C38<), 7068305<KE >4=>-

2@5<5==>, @0AAB>O=85 <564C =8<8 4>;6=> 1KBL =5

<5=55 1 <. 0 AC40E 4;8=>9 <5=55 20 <MB>

@0AAB>O=85 <>65B 1KBL C<5=LH5=> 4> 0,5 <.

5.4.2 #AB0=>2:0 B>?>2KE D>=0@59.

5.4.2.1 ">?>2K5 D>=0@8 4>;6=K 1KBL @0A?>;>-

65=K 2 480<5B@0;L=>9 ?;>A:>AB8 AC4=0. 0AAB>O=85

?> 25@B8:0;8 <564C B>?>2K< D>=0@5< 8 1>@B>2K<8

D>=0@O<8 4>;6=> 1KBL =5 <5=55 1 < (=0 AC40E

4;8=>9 <5=55 20 < _ 0,5 <).

5.4.2.2 0 A0<>E>4=KE AC40E 4;8=>9 50 <81>;55

B>?>2K5 D>=0@8 4>;6=K 1KBL CAB0=>2;5=K 2 :>@<5 8 2

=>AC =0 @0AAB>O=88 =5 <5=55 20 <>48=>B4@C3>3>.

5@B8:0;L=>5 @0AAB>O=85 <564C =8<8 4>;6=> 1KBL

B0:>5, GB>1K ?@8 ;N1>< M:A?;C0B0F8>==>< 48DD5-

@5=B5 =>A>2>9 D>=0@L 1K; =5 <5=55 G5< =0 1 < =865

:>@<>2>3>; ?@8 MB>< =>A>2>9 B>?>2K9 D>=0@L <>65B

1KBL @0A?>;>65= =865 1>@B>2KE D>=0@59, 0 :>@<>2>9

_ ?>7048 8 =5 <5=55 G5< =0 1 <2KH58E.

5.4.2.3 0 AC4=5, C :>B>@>3> 4;O ?@>E>40 ?>4

<>AB0<8 =5>1E>48<> 7020;820=85 <0GB, <>6=>

CAB0=02;820BL @575@2=K9 B>?>2K9 D>=0@L 2

=>A>2>9 G0AB8 AC4=0; ?@8 MB>< >= <>65B 1KBL

@0A?>;>65= =865 1>@B>2KE >3=59. 0 AC4=5 4;8=>9

50 < 8 1>;55 MB>B D>=0@L <>65B 1KBL 8A?>;L7>20=

?>AB>O==> 2 :0G5AB25 =>A>2>3> B>?>2>3> D>=0@O ?@8

CA;>288 2K?>;=5=8O 5.4.2.2.

5.4.2.4 A5 B>?>2K5 D>=0@8 4>;6=K 8<5BL A=87C

>3@0640NI85 I8B:8, ?@54>B2@0I0NI85 >A;5?;5=85

;N459 =0 <>AB8:5 8 ?0;C15.

5.4.3 #AB0=>2:0 1>@B>2KE >B;8G8B5;L=KE D>-

=0@59.

5.4.3.1 >@B>2K5 D>=0@8 (:@0A=K9 _ ;52>3>

1>@B0, 75;5=K9 _ ?@02>3> 1>@B0) 4>;6=K 1KBL

284=K 2AB@5G=K< 8 >13>=O5<K< AC40< 2 ?@545;0E

@53;0<5=B8@>20==KE C3;>2 2848<>AB8. $>=0@8 8 8E

>3@0645=8O =5 4>;6=K 2KABC?0BL 70 ?@545;K

3010@8B=>9 H8@8=K AC4=0.

!C40

!83=0;L=>->B;8G8B5;L=K5 D>=0@8 =52=K5 A83=0;K

B>?>2K9 :>@<>2>9

A25B>-

8<?C;LA=0O

>B<0H:0

:@C3>2>9

:@0A=K9

1>@B>2K5

AB>O=>G-

=K5

!83=0;L=K9 D;03

«»(I8B)

5;K9

D;03->B<0H:0

!0<>E>4=K5 1 3 4 1 2 1 1

0 AC40E H8@8=>9 5 < 8 <5=55 4>?CA:05BAO CAB0=02;820BL >48= :>@<>2>9 D>=0@L 2 480<5B@0;L=>9 ?;>A:>AB8.

5:><5=4C5BAO 4>?>;=8B5;L=> CAB0=02;820BL M;5:B@8G5A:85 D>=0@8->B<0H:8 A ;0<?0<8 =0:0;820=8O.

"@51C5BAO 4;O AC4>2, ?5@52>7OI8E >?0A=K5 3@C7K (27@K2G0BK5 8 2@54=K5 25I5AB20) 8;8 =5DB5?@>4C:BK.

"@51CNBAO 4;O AC4>2 H8@8=>9 1>;55 5 <.

"@51C5BAO 4;O AC4>2, ?5@52>7OI8E =5DB5?@>4C:BK 8;8 >?0A=K5 3@C7K.

"01;8F0 5.2.1



?/?

$>=0@8 8 F25B >3=O

0;L=>ABL

2848<>AB8,

=5 <5=55,

#3>; 2848<>AB8 >3=O D>=0@O

1I89

C3>;, 3@04

0A?>;>65=85 C3;>2

2848<>AB8

">?>2K9 15;K9

">?>2K9 :@0A=K9

>@B>2>9 75;5=K9

>@B>2>9 :@0A=K9

>@<>2>9 15;K9

@C3>2>9 15;K9

@C3>2>9 :@0A=K9

>@B>2>9 AB>O=>G=K9

15;K9

!25B>8<?C;LA=0O >B-

<0H:0:

4=5<

=>GLN

!25B>20O >B<0H:0

5,5

3,7

1,85

3,7

225

112,5

135

360

180

112,5+

+112,5

112,5+

+112,5

B 112,58 =0 :064K9 1>@B >B 480<5B@0;L=>9 ?;>A:>AB8 AC4=0 ?> =>AC AC4=0

B =0?@02;5=8O ?@O<> ?> =>AC AC4=0 4> 22,58 ?>7048 B@025@70 ?@02>3>

1>@B0

B =0?@02;5=8O ?@O<> ?> =>AC AC4=0 4> 22,58 ?>7048 B@025@70 ;52>3>

1>@B0

B =0?@02;5=8O ?@O<> ?> :>@<5 4> 67,58 =0 :064K9 1>@B

>:@C3 ?> 2A5<C 3>@87>=BC

B B@025@70 AC4=0 ?> 908 2=>A82:>@<C

B B@025@70 AC4=0 : =>AC A ?5@5:@KB85< 480<5B@0;L=>9 ?;>A:>AB8 =0

22,58 8 >B B@025@70 AC4=0 2 :>@<C A ?5@5:@KB85< 480<5B@0;L=>9

?;>A:>AB8 =0 22,58

B B@025@70 AC4=0 : =>AC A ?5@5:@KB85< 480<5B@0;L=>9 ?;>A:>AB8 =0

22,58 8 >B B@025@70 AC4=0 2 :>@<C A ?5@5:@KB85< 480<5B@0;L=>9

?;>A:>AB8 =0 22,58

"01;8F0 5.3.1

98 @028;0 ?> >1>@C4>20=8N <>@A:8E AC4>2

5.4.3.2 >@B>2K5 D>=0@8 4>;6=K 1KBL @0A?>;>-

65=K =0 >4=>9 3>@87>=B0;L=>9 ;8=88 A8<<5B@8G=>

>B=>A8B5;L=> 480<5B@0;L=>9 ?;>A:>AB8 AC4=0 8

CAB0=>2;5=K A;54CNI8< >1@07><:

.1 =0 15A?0;C1=KE AC40E _ =5 <5=55, G5< 0,5 <

=04 ?;0=H8@5< (2 >B45;L=KE >1>A=>20==KE A;CG0OE

4>?CA:05BAO =0 C@>2=5 ?;0=H8@O);

.2 =0 AC40E A >4=>O@CA=>9 =04AB@>9:>9 (@C1:>9)

_ 2 55 25@E=59 G0AB8;

.3 =0 AC40E A =04AB@>9:>9 2 420 8;8 1>;55 O@CA0

_ =5 =865 ?0;C1K E>4>2>3> <>AB8:0.

5.4.3.3 064K9 1>@B>2>9 >B;8G8B5;L=K9 D>=0@L

4>;65= 1KBL >3@0645= A> AB>@>=K 1>@B0 A?5-

F80;L=K< D>=0@=K< I8B>< A 42C<O ?>?5@5G=K<8

H8@<0<8 _ ?5@54=59 8 704=59.

0AAB>O=85 >B =0@C6=>9 :@><:8 70I8B=>3>

AB5:;0 8;8 ;8=7K D>=0@59, CAB0=02;8205<KE =0

AC40E 4;8=>9 20 <81>;55, 4> 704=59 :@><:8

?5@54=59 ?>?5@5G=>9 H8@<K 4>;6=> 1KBL =5 <5=55

915 <<. ;8=0 I8B0 4;O MB8E D>=0@59 4>;6=0 1KBL

=5 <5=55 1 <.

5@54=OO ?>?5@5G=0O H8@<0 4>;6=0 1KBL B0:>9

H8@8=K, GB>1K ;8=8O, ?@>2545==0O G5@57 :@><:C

H8@<K 8 F5=B@ 8AB>G=8:0 A25B0, ?@>E>48;0

?0@0;;5;L=> 480<5B@0;L=>9 ?;>A:>AB8 AC4=0.

04=OO ?>?5@5G=0O H8@<0 4>;6=0 1KBL B0:>9

H8@8=K, GB>1K 70:@K20O D>=0@L A> AB>@>=K :>@<K,

>=0 =5 <5H0;0 2845BL >3>=L ?>4 C3;>< 22,58 ?>7048

B@025@70 AC4=0.

5.4.3.4 >@B>2K5 >B;8G8B5;L=K5 D>=0@8 <>6=>

CAB0=02;820BL 2 =8H0E =04AB@>5: 8;8 @C1>:.

07<5@K =8H 4>;6=K A>>B25BAB2>20BL @07<5@0<

D>=0@=KE I8B>2, =8H8 4>;6=K 8<5BL B0:85 65

H8@<K, :0: 8 C D>=0@=>3> I8B0.

5.4.3.5 =CB@5==85 ?>25@E=>AB8 D>=0@=KE

I8B>2 8 =8H 4>;6=K 1KBL >:@0H5=K G5@=>9

<0B>2>9 :@0A:>9.

5.4.3.6 0 AC40E 4;8=>9 <5=55 20 <, 0 B0:65 =0

AC40E =0 ?>42>4=KE :@K;LOE 8 2>74CH=>9 ?>4CH:5

@07<5@K I8B>2 <>6=> C<5=LH8BL 8;8 I8BK <>6=>

=5 CAB0=02;820BL, 5A;8 1C4CB >15A?5G5=K

=5>1E>48<K5 C3;K 2848<>AB8 >3=59.

5.4.4 #AB0=>2:0 :>@<>2KE 8 1C:A8@>2>G=KE

D>=0@59.

5.4.4.1 0 AC40E, :>B>@K5 =5ACB >48= :>@<>2>9

D>=0@L, MB>B D>=0@L 4>;65= 1KBL CAB0=>2;5= ?>7048

B@C1K 8;8 =04AB@>9:8 2 480<5B@0;L=>9 ?;>A:>AB8

AC4=0 8 ?> 2>7<>6=>AB8 =0 >4=>9 2KA>B5 A

1>@B>2K<8 D>=0@O<8, => =5 2KH5 8E.  >B45;L=KE

>1>A=>20==KE A;CG0OE 4;O AC4>2 4;8=>9 <5=55 20 <

@07@5H05BAO CAB0=>2:0 :>@<>2>3> D>=0@O 2KH5

1>@B>2KE D>=0@59.

5.4.4.2 0 AC40E, :>B>@K5 =5ACB B@8 :>@<>2KE

D>=0@O, 25@E=89 87 =8E @0A?>;0305BAO 0=0;>38G=>

5.4.4.1, 0 420 =86=8E _ =0 D0;LH1>@B5 8;8 :>@<>2KE

B>@F>2KE AB5=:0E =04AB@>9:8 ?> 2>7<>6=>AB8 1;865 :

1>@B0<, =0 >4=>9 3>@87>=B0;L=>9 ;8=88 8 A8<<5B@8G=>

480<5B@0;L=>9 ?;>A:>AB8 AC4=0.

5.4.5 #AB0=>2:0 :@C3>2KE 8 1>@B>2KE AB>O=>G-

=KE D>=0@59.

5.4.5.1 5;K9 :@C3>2>9 D>=0@L A0<>E>4=KE

AC4>2, 8A?>;L7C5<K9 =0 AB>O=:5, 4>;65= 1KBL

@0A?>;>65= 2 =>A>2>9 G0AB8 AC4=0. -B>B D>=0@L

<>6=> CAB0=02;820BL =0 <0GB5, D;03HB>:5 8;8

?>4=8<0BL =0 HB035.

5.4.5.2 @0A=K9 :@C3>2>9 D>=0@L 4>;65= 1KBL

@0A?>;>65= 2KH5 15;KE :@C3>2KE D>=0@59 =0

=081>;55 284=>< <5AB5, >15A?5G820NI5< 53>

2848<>ABL A> 2A5E AB>@>=. -B>B D>=0@L =5

4>?CA:05BAO CAB0=02;820BL =0 >4=>9 25@B8:0;8 A>

AB>O=>G=K<8 >3=O<8.

5.4.5.3 >@B>2K5 AB>O=>G=K5 D>=0@8 4>;6=K 1KBL

CAB0=>2;5=K ?> 1>@B0< ?> :@0N E>4>2>3> <>AB8:0.

5.4.6 #AB0=>2:0 A25B>8<?C;LA=KE (A25B>2KE)

>B<0H5:.

5.4.6.1 !25B>8<?C;LA=K5 (A25B>2K5) >B<0H:8

4>;6=K CAB0=02;820BLAO AB0F8>=0@=> =0 :064><

1>@BC AC4=0 ?>?0@=> (2=>A82:>@<C) =04 1>@B>-

2K<8 D>=0@O<8 =0 2KA>B5 =5 <5=55 0,5 <>B=8E.

5.4.6.2 $>=0@8->B<0H:8 4>;6=K 8<5BL

@0745;L=>5 2:;NG5=85.

5.5 %  !,+% $

5.5.1 ;O E@0=5=8O A83=0;L=KE D;03>2

=5>1E>48<> ?@54CA<0B@820BL A?5F80;L=K5 AB5;;068

A >B45;L=>9, OA=> >1>7=0G5==>9 OG59:>9 4;O :064>3>

D;030. !B5;;068 A;54C5B @07<5I0BL 2 @C;52>9 @C1:5

8;8 =0 <>AB8:5 2 <5AB5, 70I8I5==>< >B >A04:>2 8

?@O<KE ;CG59 A>;=F0.

'0ABL III. !83=0;L=K5 A@54AB20 99

1.1 !", ! !" /

1.1.1 "@51>20=8O =0AB>OI59 G0AB8 @028;

@0A?@>AB@0=ONBAO =0 2A5 ?0AA068@A:85 8 3@C7>2K5

AC40 20;>2>9 2<5AB8<>ABLN 300 81>;55,

A>25@H0NI85 <564C=0@>4=K5 @59AK, 0 B0:65 =0

@048>>1>@C4>20=85, :>B>@>5 ?>4;568B

>A2845B5;LAB2>20=8N 538AB@>< 8 ?@54=07=0G5=>

4;O CAB0=>2:8 =0 AC40.

5 ?>74=55 40BK ?5@2>3> >G5@54=>3> >A2845-

B5;LAB2>20=8O ?>A;5 1 D52@0;O 1999 3. B@51>20=8O

=0AB>OI59 G0AB8 @028; @0A?@>AB@0=ONBAO =0

@K1>;>2=K5 AC40, 3@C7>2K5 AC40 20;>2>9

2<5AB8<>ABLN <5=55 300, =5A0<>E>4=K5 AC40,

?@54=07=0G5==K5 4;O 1C:A8@>2:8 8 B>;:0=8O 2 <>@5

8;8 4;O 4;8B5;L=>9 AB>O=:8 =0 O:>@5 2=5 0:20B>@88

?>@B>2 8 @594>2 8 8<5NI85 =0 1>@BC ;N459, 0 B0:65

=0 AC40, =5 A>25@H0NI85 <564C=0@>4=KE @59A>2,

A>AB02 @048>>1>@C4>20=8O :>B>@KE 4>;65=

A>>B25BAB2>20BL B@51>20=8O< 2.2.4.

!C40, A>25@H0NI85 <564C=0@>4=K5 @59AK 8

?>AB@>5==K5 4> 1 8N;O 2004 3., 4>;6=K 1KBL

>1>@C4>20=K A8AB5<>9 >E@0==>3> >?>25I5=8O 2

A;54CNI85 A@>:8:

?0AA068@A:85 AC40, 2:;NG0O 2KA>:>A:>@>AB=K5

?0AA068@A:85 AC40, _ =5 ?>74=55 ?5@2>3> >A2845-

B5;LAB2>20=8O @048>>1>@C4>20=8O ?>A;5 1 8N;O 2004 3.;

=5DB5=0;82=K5 AC40, =57028A8<> >B B5<?5@0BC@K

2A?KH:8 ?5@52>78<KE =5DB5?@>4C:B>2, 307>2>7K,

E8<>2>7K, =020;>G=K5 AC40 8 3@C7>2K5 2KA>:>-

A:>@>AB=K5 AC40 20;>2>9 2<5AB8<>ABLN 500 8 1>;55

_ =5 ?>74=55 ?5@2>3> >A2845B5;LAB2>20=8O

@048>>1>@C4>20=8O ?>A;5 1 8N;O 2004 3.;

4@C385 3@C7>2K5 AC40 20;>2>9 2<5AB8<>ABLN 500

8 1>;55 _ =5 ?>74=55 ?5@2>3> >A2845B5;LAB2>20=8O

@048>>1>@C4>20=8O ?>A;5 1 8N;O 2006 3.

1.1.2 0AB>OI0O G0ABL @028; CAB0=02;8205B

B5E=8G5A:85 B@51>20=8O, :>B>@K< 4>;6=>

C4>2;5B2>@OBL @048>>1>@C4>20=85, >?@545;O5B 53>

A>AB02 8 <5AB>?>;>65=85 =0 AC4=5.

1.1.3 "@51>20=8O =0AB>OI59 G0AB8 @028;

?@8<5=ONBAO : AC40<, B5E=8G5A:0O 4>:C<5=B0F8O =0

CAB0=>2:C @048>>1>@C4>20=8O :>B>@KE 1K;0

?@54AB02;5=0 538AB@C ?>A;5 1 D52@0;O 1992 3.

! 1 D52@0;O 1999 3. =0AB>OI0O G0ABL @028; ?@8-

<5=O5BAO :> 2A5< AC40<.

1.1.4 "@51>20=8O =0AB>OI59 G0AB8 @028;

?@8<5=ONBAO : @048>>1>@C4>20=8N, B5E=8G5A:0O

4>:C<5=B0F8O =0 @07@01>B:C :>B>@>3> 1K;0

?@54AB02;5=0 538AB@C ?>A;5 1 D52@0;O 1992 3.

1.2  /  /!/

1.2.1 ?@545;5=8O 8 ?>OA=5=8O, >B=>AOI85AO :

>1I59 8 B5E=8G5A:>9 B5@<8=>;>388 @028;, C:070=K

2 G0AB8 I«;0AA8D8:0F8O» @028; :;0AA8D8:0F88 8

?>AB@>9:8 <>@A:8E AC4>2 8 2 53;0<5=B5 @048>A2O78

A>>B25BAB25==>.

 =0AB>OI59 G0AB8 @028; ?@8=OBK A;54CNI85

>?@545;5=8O:

20@89=K9 @048>1C9 (  ) _

AB0=F8O ?>4286=>9 A;C61K, 87;CG5=85 :>B>@>9

A;C68B 4;O >1;53G5=8O ?>8A:>2KE 8 A?0A0B5;L=KE

>?5@0F89.

@5<O ?CA:0 _ ?5@8>4 2@5<5=8, =5>1E>48-

<K9 4;O ?@82545=8O @048>>1>@C4>20=8O 2 459AB285,

AG8B0O A <><5=B0 2:;NG5=8O 8AB>G=8:0 M=5@388.

;>10;L=0O <>@A:0O A8AB5<0 A2O78

?@8 154AB288 8 4;O >15A?5G5=8O

157>?0A=>AB8 <>@5?;020=8O ( !!)

_ <564C=0@>4=0O A8AB5<0 @048>A2O78, @07@01>B0=-

=0O 564C=0@>4=>9 <>@A:>9 >@30=870F859 (),

B@51>20=8O : :>B>@>9 2:;NG5=K 2 >?@02:8 1988 _

1989 33. : 3;025 IV « 048>A2O7L» 564C=0@>4=>9

:>=25=F88 ?> >E@0=5 G5;>25G5A:>9 687=8 =0 <>@5

1974 3. 8 2 =0AB>OICN G0ABL @028;. !!

2ABC?8;0 2 A8;C 1 D52@0;O 1992 3.

20 =57028A8<KE 459AB28O 4;O

?>40G8 >?>25I5=8O ?@8 154AB288 _

?>4=OB85 70I8B=>3> :>;?0G:0 8;8 :@KH:8

AG8B05BAO ?5@2K< 459AB285<. 060B85 :=>?:8

?>40G8 >?>25I5=8O ?@8 154AB288 AG8B05BAO 2B>@K<

=57028A8<K< 459AB285<.

>?>;=8B5;L=K9 :0=0; _ :0=0;,

:>B>@K9 ?@>A;CH8205BAO B>;L:> ?@8 >BACBAB288

A83=0;0 =0 ?@8>@8B5B=>< :0=0;5.

7;CG05<K5 ?><5E8 _ ?><5E8, 87;C-

G05<K5 :>@?CA>< >1>@C4>20=8O (:@><5 =5-

?>A@54AB25==>3> 87;CG5=8O 0=B5==KE CAB@>9AB2

>1>@C4>20=8O).

 !" _ >@30=870F8O, CG@5645==0O

>=25=F859 > 564C=0@>4=>9 >@30=870F88 <>@A-

:>9 A?CB=8:>2>9 A2O78, ?@8=OB>9 3 A5=BO1@O 1976 3.

=D>@<0F8O ?> 157>?0A=>AB8 =0

<>@5 ( ) _ =02830F8>==K5 8 <5B5>@>;>38-

G5A:85 ?@54C?@5645=8O, <5B5>@>;>38G5A:85

?@>3=>7K 8 4@C385 A@>G=K5 A>>1I5=8O, >B=>-

AOI85AO : 157>?0A=>AB8, ?5@540205<K5 4;O AC4>2.

>=4C:B82=K5 ?><5E8 _ ?><5E8,

A>740205<K5 >1>@C4>20=85< =0 :;5<<0E ?>4:;N-

G5=8O A5B8 M;5:B@>?8B0=8O.

'!", IV.  #

1 ) /

!!- ! !" _ <564C=0@>4=0O

A8AB5<0 ?>8A:0 8 A?0A5=8O AC4>2 8 A0<>;5B>2,

B5@?OI8E 154AB285, 8A?>;L7CNI0O A8AB5<C

A?CB=8:>2 =0 >:>;>?>;O@=KE >@18B0E.

>MDD8F85=B CA8;5=8O 0=B5==K _

>B=>H5=85, >1KG=> 2K@0605<>5 2 4, <>I=>AB8,

=5>1E>48<>9 =0 2E>45 MB0;>==>9 0=B5==K 157 ?>B5@L,

: <>I=>AB8, ?>42>48<>9 : 2E>4C 40==>9 0=B5==K,

4;O A>740=8O 2 7040==>< =0?@02;5=88 B0:>9 65

=0?@O65==>AB8 ?>;O 8;8 B0:>9 65 ?;>B=>AB8

?>B>:0 <>I=>AB8 =0 B>< 65 @0AAB>O=88. A;8 =5

C:070=> 8=0G5, CA8;5=85 >B=>A8BAO : =0?@02;5=8N

<0:A8<0;L=>9 @0480F88. #A8;5=85 <>65B @0AA<0B@8-

20BLAO 4;O >?@545;5==>9 ?>;O@870F88.

 5 6 4 C = 0 @ > 4 = 0 O A ; C 6 1 0 "! _

:>>@48=8@>20==0O ?5@540G0 8 02B><0B8G5A:89 ?@85<

=0 G0AB>B5 518 :F 8=D>@<0F88 ?> 157>?0A=>AB8 =0

<>@5 A ?><>ILN C7:>?>;>A=>9 1C:2>?5G0B0NI59

(#') B5;53@0D88 =0 0=3;89A:>< O7K:5.

564C=0@>4=K9 @59A @K1>;>2=>3> AC4=0

_ @59A A 70E>4>< 2 ?>@B 3>AC40@AB20 4@C3>3> D;030.

5AB>, >B:C40 >1KG=> >ACI5AB2-

;O5BAO C?@02;5=85 AC4=>< _ E>4>2>9

<>AB8:.

>@A:>9 @09>= 1 _ @09>= 2 ?@545;0E

7>=K 459AB28O 2 @568<5 @048>B5;5D>=88 ?> :@09=59

<5@5 >4=>9 15@53>2>9 C;LB@0:>@>B:>2>;=>2>9 (#)

AB0=F88, >15A?5G820NI59 ?>AB>O==CN 2>7<>6=>ABL

>?>25I5=8O ?@8 154AB288 A 8A?>;L7>20=85<

F8D@>2>3> 8718@0B5;L=>3> 2K7>20 (&).

>@A:>9 @09>= 2 _ @09>=, 70

8A:;NG5=85< <>@A:>3> @09>=0 1, 2 ?@545;0E 7>=K

459AB28O 2 @568<5 @048>B5;5D>=88 ?> :@09=59 <5@5

>4=>9 15@53>2>9 ?@><56CB>G=>-2>;=>2>9 ()

AB0=F88, >15A?5G820NI59 ?>AB>O==CN 2>7<>6=>ABL

>?>25I5=8O ?@8 154AB288 A 8A?>;L7>20=85<

F8D@>2>3> 8718@0B5;L=>3> 2K7>20.

>@A:>9 @09>= 3 _ @09>=, 70

8A:;NG5=85< <>@A:8E @09>=>2 1 82, 2 ?@545;0E

7>=K 459AB28O 35>AB0F8>=0@=KE A?CB=8:>2

 !", >15A?5G820NI8E ?>AB>O==CN

2>7<>6=>ABL >?>25I5=8O ?@8 154AB288.

>@A:>9 @09>= 4 _ @09>=, =0E>4OI89AO

70 ?@545;0<8 <>@A:8E @09>=>2 1, 2 83.

=D>@<0F8O ?> >?@545;5=8N <>@A:8E @09>=>2

?><5I5=0 2 @8;>65=88.

>I=>ABL 87;CG5=8O MDD5:B82=0O

_ ?@>872545=85 <>I=>AB8, ?>42>48<>9 : 0=B5==5, =0

55 :>MDD8F85=B CA8;5=8O >B=>A8B5;L=> ?>;C2>;=>2>3>

48?>;O 2 7040==>< =0?@02;5=88.

>I=>ABL =5ACI59 G0AB>BK

?5@540BG8:0 _ A@54=OO <>I=>ABL, ?>42>48<0O

: D845@C 0=B5==K >B ?5@540BG8:0 2 B5G5=85

2KA>:>G0AB>B=>3> F8:;0 ?@8 >BACBAB288 <>4C;OF88.

?@545;5=85 =5 ?@8<5=O5BAO : 87;CG5=8O< A

8<?C;LA=>9 <>4C;OF859.

>I=>ABL ?5@540BG8:0

=><8=0;L=0O _ <8=8<0;L=0O <>I=>ABL 2

480?07>=5 G0AB>B ?5@540BG8:0, >B40205<0O 2

0=B5==C, 8;8 55 M:2820;5=B ?@8 =>@<0;L=>< @568<5

2 =>@<0;L=KE :;8<0B8G5A:8E CA;>289.

>I=>ABL ?5@540BG8:0 ?8:>20O _

<>I=>ABL, ?>42>48<0O >B ?5@540BG8:0 : D845@C

0=B5==K, CA@54=5==0O 70 2@5<O >4=>3> @048>G0AB>B-

=>3> ?5@8>40, A>>B25BAB2CNI53> <0:A8<0;L=>9

0<?;8BC45 <>4C;OF8>==>9 >3810NI59 ?@8

=>@<0;L=KE CA;>28OE @01>BK.

>I=>ABL ?5@540BG8:0 A@54=OO _

CA@54=5==0O <>I=>ABL, ?>42>48<0O >B ?5@540BG8:0 :

D845@C 0=B5==K 2 B5G5=85 4>AB0B>G=> 4;8B5;L=>3>

?@><56CB:0 2@5<5=8, ?> A@02=5=8N A ?5@8>4><

=081>;55 =87:>9 G0AB>BK, 2AB@5G0NI59AO ?@8

<>4C;OF88, ?@8 =>@<0;L=KE CA;>28OE @01>BK.

5?@5@K2=>5 =01;N45=85 _ =5?@5-

@K205<>5 @048>=01;N45=85, :@><5 :>@>B:8E

8=B5@20;>2, :>340 2>7<>6=>ABL @048>?@85<0 AC4=0

CEC4H05BAO 8;8 1;>:8@C5BAO 87-70 A>1AB25==>3>

@048>>1<5=0 8;8 :>340 CAB@>9AB20 =0E>4OBAO =0

?5@8>48G5A:>< B5E=8G5A:>< >1A;C6820=88 8

@5<>=B5 8;8 ?@>25@:0E.

>A8<0O @048>AB0=F8O _

@048>AB0=F8O, >15A?5G820NI0O @01>BC 2> 2@5<O 55

?5@5=>A:8 8 >AB0=>2:8, 8<5NI0O A>1AB25==K9

8AB>G=8: ?8B0=8O.

?@545;5=85 <5AB>=0E>645=8O _

>1=0@C65=85 B5@?OI8E 154AB285 AC4>2, 2>74CH=KE

AC4>2, A?0A0B5;L=KE 548=8F 8;8 ;N459.

@5:@0I5=85 ?>40G8 >?>25I5=8O

? @ 8 1 5 4 A B 2 8 8 2 ; N 1 > 5 2 @ 5 < O >7=0G05B, GB>

4>;6=0 1KBL >15A?5G5=0 2>7<>6=>ABL ?@5@20BL

?>2B>@5=85 ?5@540G8 >?>25I5=8O ?@8 154AB288. "0:>5

459AB285 =5 4>;6=> ?@5@K20BL ?5@540GC >?>25I5=8O

?@8 154AB288 8;8 A>>1I5=85 ?@8 154AB288 2> 2@5<O

53> ?5@540G8, => 4>;6=> ?@54>B2@0I0BL ?>2B>@5=85

?5@540G8 A>>1I5=8O ?@8 154AB288.

@8>@8B5B=K9 :0=0; _ :0=0;, :>B>@K9

?@>A;CH8205BAO 2> 2@5<O ?@85<0 =0 4>-

?>;=8B5;L=>< :0=0;5 2 B5G5=85 2A53> 2@5<5=8

?@85<0 A83=0;0.

048>>1>@C4>20=85 =>2>5 _

@048>>1>@C4>20=85, :>B>@>5 @07@01>B0=> ?>

B5E=8G5A:><C 7040=8N, ?@54AB02;5==><C ?>A;5

40BK 2ABC?;5=8O 2 A8;C =0AB>OI59 G0AB8 @028;.

048>>1>@C4>20=85 ACI5AB-

2CNI55 _ @048>>1>@C4>20=85, =5 O2;ONI55AO

=>2K<.

048>A2O7L >1I53> =07=0G5=8O _

@048>>1<5= A;C651=K<8 8 G0AB=K<8 A>>1I5-

=8O<8, =5 O2;ONI8<8AO A>>1I5=8O<8 > 154AB288,

A@>G=>AB8 8 157>?0A=>AB8.

0AH8@5==K9 3@C??>2>9 2K7>2

( ) _ A;C610 H8@>:>25I0B5;L=>9 ?5@540G8

'0ABL IV. 048>>1>@C4>20=85 101

A>>1I5=89 A@>G=>AB8, 154AB28O 8 157>?0A=>AB8 G5@57

A8AB5<C ?>4286=>9 A?CB=8:>2>9 A2O78  !".

53;0<5=B @048>A2O78 _ @53;0<5=B

@048>A2O78, :>B>@K9 O2;O5BAO ?@8;>65=85< 8;8

@0AA<0B@8205BAO :0: ?@8;>65=85 : ?>A;54=59

459AB2CNI59 564C=0@>4=>9 :>=25=F88 M;5:B@>A2O78.

!2O7L <>AB8:- <>AB8: _ A2O7L 2 F5;OE

157>?0A=>AB8 <564C AC40<8 A <5AB0, >B:C40 >1KG=>

>ACI5AB2;O5BAO C?@02;5=85 AC4=><.

!8AB5<0 >E@0==>3> >?>25I5=8O

( !) _ A8AB5<0, >15A?5G820NI0O D>@<8-

@>20=85 8 ?5@540GC A AC4=0 2 04@5A :><?5B5=B=>9

>@30=870F88, =07=0G5==>9 4<8=8AB@0F859, A:@K-

B>3> A83=0;0 8;8 A>>1I5=8O > B><, GB> 157>?0A=>ABL

AC4=0 =0E>48BAO ?>4 C3@>7>9.

!8AB5<0 A?CB=8:>2 =0

>:>;>?>;O@=KE >@18B0E _ A8AB5<0, 1078-

@CNI0OAO =0 A?CB=8:0E, 70?CI5==KE =0

>:>;>?>;O@=K5 >@18BK, :>B>@0O ?@8=8<05B 8

@5B@0=A;8@C5B >?>25I5=85 ?@8 154AB288 A>

A?CB=8:>2KE   8 >?@545;O5B 8E <5AB>?>;>65=85.

!?0A0B5;L=0O 548=8F0 _ 548=8F0,

C:><?;5:B>20==0O >1CG5==K< ?5@A>=0;>< 8 >A-

=0I5==0O >1>@C4>20=85<, ?@83>4=K< 4;O 1KAB@>3>

?@>2545=8O ?>8A:>2>-A?0A0B5;L=KE >?5@0F89.

!?5F80;L=0O :=>?:0 4;O ?>40G8

>?>25I5=8O ?@8 154AB288 _

548=AB25==0O G5B:> >1>7=0G5==0O :=>?:0,

D878G5A:8 >B45;5==0O >B >@30=>2 C?@02;5=8O

(:=>?>:, :;028H :;0280BC@K), 8A?>;L7C5<KE 4;O

=>@<0;L=>9 @01>BK >1>@C4>20=8O 8 =5

?@54=07=0G5==0O =8 4;O :0:8E 4@C38E F5;59,

:@><5 :0: 4;O ?>40G8 >?>25I5=8O ?@8 154AB288.

-B0 :=>?:0 4>;6=0 1KBL :@0A=>3> F25B0 A

=04?8ALN «!"»(8;8 «DISTRESS»). A;8

4;O 70I8BK :=>?:8 >B =5?@54=0<5@5==>9 ?>40G8

>?>25I5=8O ?@8 154AB288 8A?>;L7C5BAO

=5?@>7@0G=K9 :>;?0G>: 8;8 :@KH:0, B> >=8

B0:65 4>;6=K 1KBL >1>7=0G5=K =04?8ALN

«!"»(8;8 «DISTRESS»).

!@54AB20 :><0=4=>9 B@0=A;OF88 _

A@54AB20, ?@54=07=0G5==K5 4;O ?5@540G8 A;C651=KE

@0A?>@O65=89 AC4>2>9 04<8=8AB@0F88 2 68;K5,

A;C651=K5 8 >1I5AB25==K5 ?><5I5=8O, 0 B0:65 =0

>B:@KBK5 ?0;C1K AC4=0.

!@54AB20 @048>A2O78 A?CB=8:>2K5

_ A@54AB20 @048>A2O78, ?@54=07=0G5==K5 4;O

?5@540G8 8 ?@85<0 A>>1I5=89, 2 480?07>=5 G0AB>B

1500 F _ 1700 F A 8A?>;L7>20=85<

8A:CAAB25==KE A?CB=8:>2 5<;8 2 :0G5AB25

@5B@0=A;OB>@>2 ?5@540205<KE @048>A83=0;>2.

!C40 ?>AB@>5==K5 _ AC40, =0E>4OI85AO 2

AB0488 ?>AB@>9:8, =0 :>B>@>9:

70;>65= :8;L, 8;8

=0G0B> AB@>8B5;LAB2>, :>B>@>5 <>6=> >B>6-

45AB28BL A >?@545;5==K< AC4=><, 8;8

=0G0B0 A1>@:0 AC4=0, ?@8G5< <0AA0 8A?>;L7>-

20==>3> <0B5@80;0 A>AB02;O5B ?> <5=LH59 <5@5

50 B>== 8;8 >48= ?@>F5=B @0AG5B=>9 <0AAK 2A5E

:>@?CA=KE :>=AB@C:F89, A<>B@O ?> B><C, GB> <5=LH5.

#7:>?>;>A=0O 1C:2>?5G0B0NI0O

( #') B5;53@0D8O _ A?>A>1 A2O78,

8A?>;L7CNI89 02B><0B8G5A:CN B5;53@0D=CN

0??0@0BC@C, :>B>@0O >B25G05B A>>B25BAB2CNI8<

@5:><5=40F8O< 564C=0@>4=>3> :>=AC;LB0B82=>3>

:><8B5B0 ?> @048> ( ).

#;LB@0:>@>B:>2>;=>20O 0??0@0BC@0

42CAB>@>==59 @048>B5;5D>==>9 A2O78

_ 0??0@0BC@0, ?@54=07=0G5==0O 4;O A2O78 <564C

?;02CG8<8 A?0A0B5;L=K<8 A@54AB20<8, <564C

?;02CG8<8 A?0A0B5;L=K<8 A@54AB20<8 8 AC4=><,

<564C ?;02CG8<8 A?0A0B5;L=K<8 A@54AB20<8 8

A?0A0B5;L=>9 548=8F59.

&8D@>2>9 8718@0B5;L=K9 2K7>2 _

A?>A>1 A2O78, 8A?>;L7CNI89 F8D@>2K5 :>4K,

:>B>@K9 ?>72>;O5B @048>AB0=F88 CAB0=02;820BL

A2O7L 8 ?5@54020BL 8=D>@<0F8N 4@C3>9 AB0=F88 8;8

3@C??5 AB0=F89 8 C4>2;5B2>@ONI89 A>>B-

25BAB2CNI8< @5:><5=40F8O< 564C=0@>4=>3>

:>=AC;LB0B82=>3> :><8B5B0 ?> @048>.

-:2820;5=B=0O 87>B@>?=>-

87;CG05<0O <>I=>ABL _ ?@>872545=85

<>I=>AB8, ?>42>48<>9 : 0=B5==5, =0 :>MDD8F85=B

CA8;5=8O MB>9 0=B5==K 2 7040==>< =0?@02;5=88

>B=>A8B5;L=> 87>B@>?=>9 0=B5==K.

1.3 * !",!"

1.3.1 1I85 ?>;>65=8O > ?>@O4:5 >A2845-

B5;LAB2>20=8O @048>>1>@C4>20=8O 87;>65=K 2

1I8E ?>;>65=8OE > :;0AA8D8:0F8>==>9 8 8=>9

45OB5;L=>AB8.

1.3.2 538AB@ >ACI5AB2;O5B >A2845B5;LAB2>-

20=8O ?@8 @07@01>B:5, 873>B>2;5=88, CAB0=>2:5 8

M:A?;C0B0F88 ?5@5G8A;5==KE =865 284>2 AC4>2>3>

@048>>1>@C4>20=8O.

1.3.2.1 !@54AB20 @048>A2O78:

.1 #-@048>CAB0=>2:0:

:>48@CNI55 CAB@>9AB2> &,

?@85<=8: 4;O 2545=8O =01;N45=8O 70 &,

@048>B5;5D>==0O AB0=F8O;

.2 -@048>CAB0=>2:0:

:>48@CNI55 CAB@>9AB2> &,

?@85<=8: 4;O 2545=8O =01;N45=8O 70 &,

@048>B5;5D>==0O AB0=F8O;

.3 /-@048>CAB0=>2:0:

:>48@CNI55 CAB@>9AB2> &,

?@85<=8: 4;O 2545=8O =01;N45=8O 70 &,

@048>?@85<=>5 CAB@>9AB2> B5;5D>=88 8 #',

@048>?5@540NI55 CAB@>9AB2> B5;5D>=88,

102 @028;0 ?> >1>@C4>20=8N <>@A:8E AC4>2