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LAW OF THE AZERBAIJAN REPUBLIC

of December 5, 2023 No. 1036-VIQD

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

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

Article 1

In the Law of the Azerbaijan Republic "About insurance activity" (Collection of the legislation of the Azerbaijan Republic; 2013, No. 12, Article 1470; 2014, No. 7, Articles 771, 779; 2015, No. 11, Article 1263; 2016, No. 3, Article 410, No. 6, Article 976; 2017, No. 7, Articles 1286, 1294, No. 12 (I book), Article 2221; 2018, No. 7 (I book), Article 1392; 2019, No. 1, Articles 19, 33, 50, No. 5, Articles 793, 815, No. 6, Article 999, No. 8, Article 1362; 2020, No. 7, Articles 822, 830; 2021, No. 6 (I book), Article 558, No. 8, Article 896, No. 11, Article 1206, No. 12, Articles 1298, 1320; No. 1, Article 41, No. 2, Article 165, No. 7, Article 918) Article 119.1.7 to be reworded as follows 2023,:

"119.1.7. in the eighth queue, the amounts which are subject to payment in the government budget on taxes of off-budget funds on fees on compulsory national social insurance, to fees on unemployment insurance, and also in fund of obligatory national health insurance for fees on compulsory medical insurance, debts on repayment of the credits issued from the government budget and also the requirements which arose in connection with the duties and obligatory payments established by the Law of the Azerbaijan Republic ""About compulsory insurance from loss of professional working capacity as a result of not special cases on production and occupational diseases" within one year, previous before date of liquidation of the insurer;".

Article 2

This Law becomes effective since January 1, 2024.

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