LAW OF THE REPUBLIC OF ARMENIA

of November 19, 2007 No. ZR-224

About modification and amendments in the Law of the Republic of Armenia "About budget system of the Republic of Armenia"

Accepted by National Assembly of the Republic of Armenia on October 24, 2007

Article 1. From the title and part of 1 Article 2, speak rapidly 2 Articles 3, and also part 1 and the Item "in" part 5 of article 15 of the Law of the Republic of Armenia "About budget system of the Republic of Armenia" (of June 24, 1997, ZR-137) to withdraw words", compulsory social insurance".

Article 2. From the Item "and" of part 1 of article 3 of the Law to withdraw words", the budget of compulsory social insurance".

Article 3. From article 4 of the Law to withdraw the words "and budget of compulsory social insurance".

Article 4. In part 8 of article 8 of the Law:

1) from the Item "and" to withdraw the words "and the 36.7th";

2) from the Item to withdraw the words "and compulsory social insurance".

Article 5. In article 9 of the Law:

1) from the second paragraph of part 1 to withdraw words" (the income from the current and capital transactions and official transfers)", and before the word "provided" to add with the words "from alienation of non-financial assets";

In paragraph four of part of 1 word" (the current and capital expenditures, and also expenses on provision of budget credits and loans)" shall be replaced with words 2) "(the current and capital expenditures)", and before the words "and involved" to add with words ", and also provision of budget credits and loans";

Paragraph one of part 2 after the words "Capital expenditures" to add 3) with words "(which in budget classification hereinafter are referred to as also "expenses in the area of non-financial assets")", and before the word of "storages" - words "state strategic or communal importance";

4) from paragraph two to withdraw the words "and crediting".

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