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PRESIDENTIAL DECREE OF THE AZERBAIJAN REPUBLIC

of December 22, 2014 No. 428

About introduction of amendments to the "Charter of the State Oil Company of Azerbaijan Republic" approved by the Presidential decree of the Azerbaijan Republic of January 24, 2003 No. 844

Being guided by Item 32 of article 109 of the Constitution of the Azerbaijan Republic, in connection with application of the Law of the Azerbaijan Republic of May 1, 2012 "About introduction of amendments to the Law of the Azerbaijan Republic "About financial accounting" I decide No. 350-IVQD:

Make the following changes to the "Charter of the State Oil Company of Azerbaijan Republic" approved by the Presidential decree of the Azerbaijan Republic of January 24, 2003 No. 844 (Collection of the legislation of the Azerbaijan Republic, 2003, No. 1, Article 36; 2004, No. 9, Article 681; 2005, No. 2, Article 73, No. 12, Article 1109; 2006, No. 9, Article 736; 2007, No. 3, Article 219; 2009; No. 7, Article 529, No. 10, Article 777; 2010, No. 4, Article 298, No. 7, Article 610; 2011, No. 9, Article 789. No. 11, Article 1011; 2014, No. 2, Article 119):

1. the second offer of Item 1.4 to give in the following edition:

"The company in addition to the annual financial reporting constitutes consolidated financial statements.".

2. the first offer of Item 6.1 to give in the following edition:

"The company keeps financial accounting according to the Law of the Azerbaijan Republic "About financial accounting", constitutes the annual financial reporting, constitutes and represents tax statements according to the Tax code of the Azerbaijan Republic and the statistical reporting according to the Law of the Azerbaijan Republic "About official statistics".".

3. add with Item 6.1-1 of the following content:

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