of November 6, 2004 No. 177
About approval of Rules of write-off of the comers in unfitness and also kidnapped or lost under the obscure circumstances of property, plant and equipment (funds) consisting on balance of the state companies and organizations, and also companies with availability of the state share in the authorized capital, and realization of the material values received as a result of dismantle of these means
For the purpose of ensuring safety of state-owned property and its effective use in the Azerbaijan Republic, considering importance of regulation of process of write-off of the worn-out fixed assets consisting on balance of the companies the Cabinet of Ministers of the Azerbaijan Republic decides:
1. Approve "Rules of write-off of the comers in unfitness and also kidnapped or lost under the obscure circumstances of property, plant and equipment (funds) consisting on balance of the state companies and organizations, and also companies with availability of the state share in the authorized capital, and realization of the material values received as a result of dismantle of these means" it (is applied).
2. This Resolution becomes effective from the date of signing.
Prime Minister of the Azerbaijan Republic
A. Rasi-Zade
Approved by the Resolution of the Cabinet of Ministers of the Azerbaijan Republic of November 6, 2004 No. 177
1.1. These rules are prepared according to the Law of the Azerbaijan Republic "About financial accounting", the Grazhdanky code of the Azerbaijan Republic, the Tax code of the Azerbaijan Republic, National accounting standards and other existing regulatory legal acts.
1.2. These rules determine rules of write-off and also means, the past repair (funds), the kidnapped persons consisting on balance lost under the obscure circumstances and the past repair state companies, organizations and the organizations, and also legal entities in whose authorized capital there is share belonging to the state (further - the organization or the organizations), and also realization of the material values received as a result of dismantle of these means (funds) irrespective of jurisdiction, for the purpose of ensuring safety of state-owned property and its effective use.
2.1. The buildings which completely obsolete are (worn out), come to physical and moral unfitness, constructions, the transfer installations, machines and the equipment, vehicles, means of production (goods), production stock and other fixed assets (funds) of the companies which are part of property, plant and equipment (funds) and also stolen or the property, plant and equipment (funds) lost under the obscure circumstances which from the economic point of view are acknowledged inexpedient which repair and recovery are considered irrational which voluntary conveyance and realization are impossible are liquidated and written off from balance on the basis of these rules.
2.2. For determination of unfitness to use of property, plant and equipment (funds) which came to unfitness, impossibility of repair, and also their write-off from balance in accordance with the established procedure the order of the head of the organization creates the relevant liquidation commission as a part of at least 5 members. This commission the deputy manager of the organization, the chief accountant, and also heads of the relevant structural divisions of the organization are included. The deputy manager of the organization, and the vice-chairman - the chief accountant shall be the chairman of the organization.
At the companies having head governing body the structure of the commission shall include also the representative of head-office.
The commission has the right to involve appraisers, independent auditors, specialists of authorized structures in the activities.
2.3. Tasks of the commission on write-off of property, plant and equipment (funds) consist in the following:
* carrying out survey of property, plant and equipment (funds) which are subject to write-off from balance of the organization, determination of their unfitness;
* determination of availability on balance of especially important property, plant and equipment (funds) recognized unsuitable, their quantities;
* identification of origins of need of write-off from balance of property, plant and equipment (funds) (premature disposal out of operation owing to depreciation, violation of normal service conditions, natural disaster, accident and other);
* determination of availability, quantity and suitability to use of the separate parts, details and other materials which are charged off from balance of property, plant and equipment (funds);
* creation of the act of liquidation of property (values) of write-off from balance of property, plant and equipment (funds);
* constitute documents of financial accounting of the organization for the kidnapped person or the property lost under the obscure circumstances, including the documents relating to inventory count of property, technical data sheet, affirmative documents of the Ministry of Internal Affairs of the Azerbaijan Republic, and on vehicles of in addition Head Public Administration of Road Traffic police in connection with plunder and loss under the obscure circumstances of fixed assets (fund), and also the act of removal of property (values) from accounting on the basis of the conclusion of inventory-taking group (the standard form of the act is given in appendix 3 to Rules)
2.4. The commission based on documents of financial accounting of the organization, including documents concerning inventory count of property, technical data sheets, acts of shortcomings (defects), the conclusion of inventory-taking group draws up the statement of liquidation of property (values) on write-off of property, plant and equipment (funds) (samples of forms of acts are given in appendices 1 and 2).
2.5. Acts of the commission on write-off of property, plant and equipment (funds) with original book value of unit (set) to 25, of millions manat affirm the head of the organization then this property, plant and equipment (funds) is charged off from balance. In this case the conclusion of the State committee on property questions is not required.
2.6. The statements of liquidation of property (values) which are drawn up by the commission created in the organization in case of write-off of property, plant and equipment (funds) with original book value of unit (set) are higher 25, than 0 million manat, after receipt of the corresponding conclusion from the State committee on questions of property affirm head governing body of the specified organization (in the absence of such body, the organization) and write-off of this property, plant and equipment (funds) is made.
2.7. Property, plant and equipment (funds) for means of road transport in Items 2.5 and 2.6 of these rules in all cases is charged off from balance based on the corresponding conclusion of the State committee on property questions.
2.8. For receipt of the conclusion on write-off of property, plant and equipment (funds) from balance of the organization in the cases specified in Items 2.6 and 2.7 of these rules, head governing body of the specified organization (in the absence of such body, the organization) to the State committee on questions of property the following documents shall be submitted:
* appeal of the organization;
* copy of the order of the head of the organization on creation of the commission on write-off of property, plant and equipment (funds);
* the statement of liquidation of property (values) which is drawn up in the filled procedure;
* other documents for write-off of property, plant and equipment (funds) (technical data sheet, defective act, conclusions of the authorized state organizations and inventory-taking group).
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