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PRESIDENTIAL DECREE OF THE AZERBAIJAN REPUBLIC

of October 20, 2016 No. 1078

About application of the Law of the Azerbaijan Republic "About modification of the Law of the Azerbaijan Republic "About state registration and the state register of legal entities" of September 30, 2016 No. 324-VQD and about modification of the Presidential decree of the Azerbaijan Republic "About application of the Law of the Azerbaijan Republic "About state registration and the state register of legal entities" of April 12, 2004 No. 48

Being guided by Items 19 and 32 of article 109 of the Constitution of the Azerbaijan Republic, for the purpose of ensuring application of the Law of the Azerbaijan Republic "About modification of the Law of the Azerbaijan Republic "About state registration and the state register of legal entities" of September 30, 2016 No. 324-VQD, in connection with the introduction of the specified Law in force I decide:

1. To the Cabinet of Ministers of the Azerbaijan Republic:

1.1. to prepare and provide to three-months time to the President of the Azerbaijan Republic the offers connected with reduction of the laws of the Azerbaijan Republic and acts of the President of the Azerbaijan Republic in compliance with the Law of the Azerbaijan Republic "About modification of the Law of the Azerbaijan Republic "About state registration and the state register of legal entities";

1.2. in three-months time to provide reduction of regulatory legal acts of the Cabinet of Ministers of the Azerbaijan Republic in compliance with the specified Law and to inform on it the President of the Azerbaijan Republic;

1.3. control reduction of regulatory legal acts of the central executive bodies in compliance with the specified Law and in five-months time to inform the President of the Azerbaijan Republic;

1.4. resolve other issues following from the specified Law.

2. In the Presidential decree of the Azerbaijan Republic "About application of the Law of the Azerbaijan Republic "About state registration and the state register of legal entities" of April 12, 2004 No. 48 (Collection of the legislation of the Azerbaijan Republic, 2004, No. 4, Article 228; 2005, No. 8, Article 708, No. 9, Article 801, No. 12, Article 1103; 2006, No. 12, Article 1034; 2008, No. 2, Article 54; 2012, No. 1, Article 6; 2013, No. 12, Article 1529; 2014, No. 2, Article 103; 2016, No. 3, Article 465; 1027) Item 2.12-1 to give the Presidential decree of the Azerbaijan Republic of September 6, 2016 to No. in the following edition:

"2.12-1. the stipulated in Article 16.2.4 powers of relevant organ of the executive authority specified the Law are performed by the President of the Azerbaijan Republic, and under the word "structure", the Chamber on control of the financial markets of the Azerbaijan Republic is meant;".

3. To provide to the Ministry of Justice of the Azerbaijan Republic reduction of regulatory legal acts and acts of normative nature of the central executive bodies in compliance with the Law of the Azerbaijan Republic "About modification of the Law of the Azerbaijan Republic "About state registration and the state register of legal entities" and to inform on it the Cabinet of Ministers of the Azerbaijan Republic.

President of the Azerbaijan Republic

Ilham Aliyev

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