Document from CIS Legislation database © 2003-2022 SojuzPravoInform LLC

LAW OF THE AZERBAIJAN REPUBLIC

of March 5, 2004 No. 594-IIG

About lotteries

(as amended on 28-12-2018)

This Law establishes rules of the organization and carrying out lotteries in the Azerbaijan Republic, the rights and obligations of organizers and participants of lotteries.

Article 1. Legislation on lotteries

1.1. The legislation on lotteries consists of the Constitution of the Azerbaijan Republic, the Civil code of the Azerbaijan Republic, this Law, other legal acts of the Azerbaijan Republic, and also international treaties which the Azerbaijan Republic joined.

1.2. The relations in the sphere of lotteries in the Alyatsky free economic zone are governed according to requirements of the Law of the Azerbaijan Republic "About the Alyatsky free economic zone".

Article 2. The basic concepts used in this Law

2.0. In this Law the following basic concepts are used:

2.0.1. lottery - the mass game which is held by distribution by the organizer of lottery of lottery tickets (other data carriers equated to them), draw of prize fund between participants of lottery and issue (payment) of prizes to owners of advantageous lottery tickets (other data carriers equated to them);

2.0.2. the stimulating lottery - the lottery which is carried out for the purpose of sales promotion of goods (work, service) between persons which purchased the specified goods (work, service);

2.0.3. production lottery - form of carrying out the lottery which is played in case of predefined prize fund;

2.0.4. instant lottery - form of carrying out lottery which prize is determined irrespective of other participants of lottery right after acquisition by the participant of lottery of the lottery ticket affirming the right of participation in lottery;

2.0.5. target lottery - the lottery form which is carried out for the purpose of financing of the project of the state importance according to the decision of supervision body behind the financial markets;

2.0.6. the prize fund - set (cost) of money, other property (subject) and services (works) played in lottery issue (payment) of which is provided in form of prizes according to lottery conditions;

2.0.7. draw of prize fund - the process establishing vyigryshnost, or nevyigryshnost of the lottery ticket on the basis of the principle of accident and emergence of the property right to certain part of prize;

2.0.8. prize - the part of prize fund which is dropping out on the specific lottery ticket;

2.0.9. the lottery ticket - the document granting the right of participation in lottery, confirming the property right to certain part of prize fund if it was advantageous;

2.0.10. the organizer of lottery - the legal entity who is organizing and carrying out lottery on its own behalf or at the request of the other person;

2.0.11. the participant of lottery - the owner of the lottery ticket participating the reached 18 years, voluntarily in lottery (other data carrier equated to it);

2.0.12. object of the stimulating lottery - goods (work, service) which sale is followed by the stimulating lottery;

2.0.13. the production commission - the group of physical persons which is exercising control of holding draw of prize fund in production lottery according to conditions and drawing up its results;

2.0.14. lottery conditions - the document constituted by the organizer of lottery containing data on the organization and carrying out lottery;

2.0.15. supervision body behind the financial markets - the structure created by supervision body behind the financial markets for the purpose of implementation of regulation and control in the financial markets;

2.0.16. electronic lottery - lottery in case of which distribution of lottery tickets and draw of prize funds between participants of lottery is performed by the organizer of lottery through information systems and networks, irrespective of form of carrying out lottery;

2.0.17. civil faultlessness - lack of criminal record for heavy or especially serious crimes against property and economic activity, lack of the ban on occupation of the corresponding position imposed by the judgment or professional activity.

Article 3. Regulation of the relations in the field of the organization and carrying out lotteries

3.1. In the Azerbaijan Republic lotteries are carried out for the purpose of increase in social material wealth of the population and financing of projects of the state importance, increase in receipts to the government budget, sales promotion of goods (works, services).

3.2. Regulation of the relations in the field of the organization and carrying out lotteries is provided with supervision body behind the financial markets by the following methods:

3.2.1. adoption of acts of normative nature which execution is obligatory for the legal entities and physical persons participating in the organization and carrying out lottery;

3.2.2. classification of lotteries;

3.2.3. determination of rules of registration of lotteries (except for the stimulating lotteries) and carrying out their registration;

3.2.4. determination of procedure of control in connection with the organization and carrying out lottery;

3.2.5. determination of the data which are subject to announcement in connection with the organization and carrying out lottery and rules of their announcement;

3.2.6. providing rights of participants of lottery;

3.2.7. in case of violation by the organizer of lottery of requirements of the legislation, the prevention of organizers of lottery, or suspension of carrying out lottery;

3.2.8. appeal to the court with the claim for the termination of carrying out lottery;

3.2.9. control of the target use of means received from carrying out lottery (except for the stimulating lotteries);

3.2.10. other functions established by the legislation on lottery.

3.3. The organization and carrying out lotteries (except for the stimulating lotteries) in the Azerbaijan Republic is carried out by the organizer of lottery established only by supervision body behind the financial markets.

Article 4. Lottery conditions

4.1. In the conditions of lottery it is specified:

4.1.1. information on the organizer of lottery;

4.1.2. name and form of carrying out lottery;

4.1.3. term of carrying out lottery;

4.1.4. venue of lottery;

4.1.5. information on lottery tickets (other data carriers equated to them) and rules of their acquisition;

4.1.6. information on prize fund of lottery;

4.1.7. information on rules of draw of prize fund of lottery;

4.1.8. information on term and Regulations of Admission the organizer of lottery of advantageous lottery tickets (except for the stimulating lotteries) and issue (payment) of prizes.

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