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LAW OF THE REPUBLIC OF ARMENIA

of December 26, 2002 No. ZR-486

About establishment of privileges on nonconsumptive payments to private companies "Armvodokanal", "Vodokanal" of Yerevan, "Nor-Akunk", "Vayk-Irrigation", "Yeghegnadzor Irrigation", "Martuni-Irrigation" and "Talin-Irrigation"

Accepted by National Assembly of the Republic of Armenia on December 11, 2002

Article 1. The purpose of this Law is recovery of normal activities and financial improvement of private companies "Armvodokanal", "Vodokanal" of Yerevan, "Nor-Akunk", "Vayk-irrigation", "Yeghegnadzor irrigation", "Martuni-irrigation" and "Talin-irrigation" performing acceptance, cleaning and removal of sewage, creation of the bases necessary for their further effective activities.

Article 2. Payment due date private companies "Armvodokanal", "Vodokanal" of Yerevan, "Nor-Akunk", "Vayk-irrigation" to postpone "Yeghegnadzor irrigation", "Martuni-irrigation" and "Talin-irrigation" of the nonconsumptive payments estimated for dumping into the water basin of the hazardous substances and which are not paid as of day of the introduction of this Law to force until December 31, 2005, having provided their repayment in 2006-2009, by years, equal parts.

Article 3. Exempt private companies "Armvodokanal", "Vodokanal" of Yerevan, "Nor-Akunk", "Vayk-irrigation", "Yeghegnadzor irrigation", "Martuni-irrigation" and "Talin-irrigation" from payment of the penalty fee and penalties on nonconsumptive payments added for dumping into the water basin of hazardous substances and not paid (not collected) as of day of the introduction of this Law to force.

Article 4. After the introduction of this Law in force payment due date private companies "Armvodokanal", "Vodokanal" of Yerevan, "Nor-Akunk", "Vayk-irrigation", "Yeghegnadzor irrigation", "Martuni-irrigation" and "Talin-irrigation" of the nonconsumptive payments estimated for dumping into the water basin of hazardous substances begins since January 1, 2006.

Article 5. This Law becomes effective for the tenth day after its official publication.

President of the Republic of Armenia

R. Kocharyan

 

 

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