Document from CIS Legislation database © 2003-2021 SojuzPravoInform LLC

PRESIDENTIAL DECREE OF THE AZERBAIJAN REPUBLIC

of January 22, 2021 No. 1257

About measures for enhancement of management of industrial parks, industrial quarters and agroparks

Being guided by Item 32 of article 109 of the Constitution of the Azerbaijan Republic, for the purpose of continuation of the economic reforms undertaken in the Azerbaijan Republic, further enhancement of management, and also control mechanisms in the field of the industrial parks existing in the country, industrial quarters and agroparks, increases in efficiency of the measures performed in this sphere, I decide ensuring closer coordination and systemacity:

1. Based on "Sumgayit Chemical Industrial Park" Limited liability company in subordination of the Ministry of Economics of the Azerbaijan Republic to create Agency on development of economic zones in the status of the legal entity of the public law in subordination of the Ministry of Economics of the Azerbaijan Republic.

2. Determine that:

2.1. The agency on development of economic zones (further - the Agency) is the legal entity of the public law preparing measures for the organization of activities, development of industrial parks (except for the Balakhansky industrial park), industrial quarters (except for the industrial quarters created in the Nakhchivan Autonomous Republic) both agroparks and to management of them, providing implementation of these measures, including participating in measures for the state support in this direction;

2.2. for implementation of the common directorship activities of the Agency and control of it create the Supervisory board as a part of 7 (seven) members;

2.3. the current management of activities of the Agency is performed by Board as a part of 5 (five) members;

2.4. 4 (four) members of the Supervisory board are appointed by the Ministry of Economics of the Azerbaijan Republic, and 3 (three) - the following government institutions (on one from each structure):

2.4.1. Ministry of Agriculture of the Azerbaijan Republic;

2.4.2. Azerishyg open joint stock company;

2.4.3. "Melioration and Water Economy of Azerbaijan" open joint stock company.

2.5. The chairman of the Supervisory board and board members are appointed to position and dismissed by the Minister of Economic Affairs of the Azerbaijan Republic.

3. To assign implementation of powers of the founder of the Agency on:

3.1. President of the Azerbaijan Republic:

3.1.1. approval of the charter and determination of the size of authorized capital of the Agency, modification of them;

3.2. Ministry of Economics of the Azerbaijan Republic:

3.2.1. the solution of the questions carried by article 8.2 of the Law of the Azerbaijan Republic "About legal entities of the public law" to powers of the founder of the legal entity of the public law except for noted in Item 3.1 of this Decree.

4. To the Cabinet of Ministers of the Azerbaijan Republic:

4.1. in two-month time:

4.1.1. prepare and provide to the President of the Azerbaijan Republic the draft of the Charter of the Agency, and also the offer on the size of its authorized fund;

4.1.2. prepare and provide to the President of the Azerbaijan Republic the project of "Model provision on agroparks";

4.2. within a month from the date of state registration of the Agency:

4.2.1. take measures for the solution of questions of material logistics of the Agency;

4.2.2. provide cession of property, the "Sumgayit Chemical Industrial Park" Limited liability company which is on balance, on balance of the Agency;

4.3. resolve other issues following from this Decree.

5. To provide to the relevant government institutions according to Item 2.4 of this Decree appointment of members of the Supervisory board of the Agency in a month.

6. Prior to the day of state registration of the Agency according to the procedure, established by the Law of the Azerbaijan Republic "About state registration and the state register of legal entities":

6.1. To "Sumgayit Chemical Industrial Park" limited liability company to continue the activities;

6.2. about day of entry into force of this Decree to perform regulation of the questions connected with the organization of activities, development of industrial parks and industrial quarters and management of them according to requirements of the existing regulatory legal acts.

7. To the Ministry of Economics of the Azerbaijan Republic:

7.1. within 3 (three) days after approval of the charter of the Agency for its state registration to take measures according to the procedure, established by the Law of the Azerbaijan Republic "About state registration and the state register of legal entities";

7.2. in six-months time to perform assessment of activities of the industrial parks, industrial quarters and agroparks provided in Item 2.1 of this Decree and to provide to the President of the Azerbaijan Republic offers on increase in efficiency of their activities;

7.3. resolve other issues following from this Decree.

President of the Azerbaijan Republic

Ilham Aliyev

 

 

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

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