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LAW OF THE AZERBAIJAN REPUBLIC

of November 5, 2022 No. 621-VIQD

About introduction of amendments to the Laws of the Azerbaijan Republic "About approval of "Regulations on rules of transformation of the state company to joint-stock company", "About financial and industrial groups" and "About lease of land"

Millie Majlis of the Azerbaijan Republic, being guided by Items 10, 15 and 16 parts I of article 94 of the Constitution of the Azerbaijan Republic, decides:

Article 1. Make the following changes to the Item 7.2 "Regulations on Rules of Transformation of the State Company to Joint-stock Company", approved by the Law of the Azerbaijan Republic No. 208-IQ of November 29, 1996 (Collection of the legislation of the Azerbaijan Republic, 1997, No. 4, Art. 272; 2001, No. 1, Art. 25; 2004, No. 1, Art. 7 of Art. 505; 2016 No. 12 of the Art. 2005):

1.1. in the first offer of the word "submits constituent documents to the relevant organ of the executive authority performing state registration according to the current legislation" shall be replaced with words "provides state registration according to the Law of the Azerbaijan Republic "About state registration and the state register of legal entities";

1.2. the second offer to exclude.

Article 2. Make the following changes to the Law of the Azerbaijan Republic "About financial and industrial groups" (Collection of the legislation of the Azerbaijan Republic, 1997, No. 2, Art. 101; 2002, No. 5, Art. 241). 2005, No. 8, Art. 684):

2.1. 4, of parts 1 and 2 of Article 8 and part 2 of Article 14 to exclude the word "state" from the third paragraph of the first part of Article;

2.2. Under Article 9:

2.2.1. In the first case to exclude the word "state" from part 2;

2.2.2. By part 3:

2.2.2.1. exclude the word "state" from the first paragraph in the second case;

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