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LAW OF THE REPUBLIC OF ARMENIA

of January 11, 2005 No. ZR-14

About entering of amendment into the Law of the Republic of Armenia "About bank secrecy"

Accepted by National Assembly of the Republic of Armenia on December 14, 2004

Article 1. "About bank secrecy" (ZR-80, of October 7, 1996) to add the law of the Republic of Armenia with Article 13.1 of the following content:

"Article 13.1. Provision of the data containing bank secrecy within fight against legalization of income gained in the criminal way, and terrorism financing

"If, in analysis result the Central bank of information established by the law of the Republic of Armenia "About fight against legalization of income gained in the criminal way, and terrorism financing" clear that the case or attempt of legalization of income gained in the illegal way or terrorism financings took place, the Central bank represents the notification to directly relevant organ performing criminal prosecution.".

Article 2. This Law becomes effective for the tenth day following its publication.

President of the Republic of Armenia

R. Kocharyan

 

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