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LAW OF THE REPUBLIC OF ARMENIA

of May 29, 2026 No. ZR-218

About entering of amendments and changes into the Law "About Purchases"

Accepted by National Assembly of the Republic of Armenia on May 6, 2026

Article 1. No. ZR-21 "About purchases" (further - the Law) to add part 1 of article 2 of the Law of December 16, 2016 with Items 25 and 26 of the following content:

"25) collision of interests - emergence of situation, the stipulated in Clause 33 Laws "About Public Service";

26) the affiliated participating participant who is:

and. the spouse of the head of the executive body of fund or its acting as created by the state (further in this Article - the head of executive body of fund or its acting as), person holding the state position, either the public employee, or the head of executive body of fund, or his acting as, or the spouse (including adopted), the parent (including the adoptive father), sisters, the brother (including adopted) person holding the state position, either the public employee, or the head of executive body of fund, or it, and also the person established by the law "About Public Service" jointly living

. the organization in which person or the public employee, either the head of executive body of fund, or his acting as, or person specified in the subitem "an" of this Item, or the last together, according to the procedure, established by the legislation of the Republic of Armenia have the right directly or indirectly to dispose (including: purchase and sale, cooperation agreement, the order) the public position provided by part 4 of article 7 of this law based on participation and (or) the agreement, by means of the power of attorney or other transactions) more than a half of its authorized capital or share to predetermine the decisions made by this organization (including conditions of implementation of business activity), and (or) to give the instructions which are subject to obligatory execution by this organization concerning its main activities.".

Article 2. To add part 1 of article 5 of the law with Items 12.1 and 12.2 of the following content:

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