LAW OF THE AZERBAIJAN REPUBLIC

of May 19, 2020 No. 105-VIQD

About modification of the Law of the Azerbaijan Republic "About deposit insurance"

Being guided by Item 27 of part I of article 94 of the Constitution of the Azerbaijan Republic, Millie decides Majlis of the Azerbaijan Republic:

In article 19 of the Law of the Azerbaijan Republic "About deposit insurance" (Collection of the legislation of the Azerbaijan Republic, 2007, No. 2, Article 79; 2009, No. 6, Article 400, No. 7, Article 517; 2016, No. 3, Articles 394, 421; 2017, No. 7, Article 1310; 2019, No. 1, Article 31) to make the following changes:

1. in Article 19.4 of the word to "the President of the Azerbaijan Republic" shall be replaced with words "in the body (organization) established by relevant organ of the executive authority";

2. state Article 19.5 in the following edition:

"19.5. The annual statement includes:

19.5.1. annual financial reporting of Fund;

19.5.2. register of participating banks.";

3. in Article 19.6 of the word "the balance sheet, cash flow statements, profits (losses) from management of means" shall be replaced with words "financial reporting".

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