LAW OF THE AZERBAIJAN REPUBLIC

of June 30, 2017 No. 765-VQ

About unemployment insurance

This Law establishes organizational, legal and economic basis of unemployment insurance, governs the relations between subjects of unemployment insurance.

Chapter 1. General provisions

Article 1. Purposes and circle of impact of unemployment insurance

1.1. The purpose of this Law is creation in the labor market of the Azerbaijan Republic of the relations based on transfer of risk and new funding mechanisms compensation of the lost salary insured and provision of a guarantee on strengthening of social protection of the population by implementation of the advancing measures for prevention of emergence of unemployment.

1.2. Insurance payment according to this Law extends to persons whose employment relationships are stopped on the bases, the stipulated in Article 13.1 presents of the Law.

1.3. This Law does not extend to persons holding political position.

Article 2. Basic concepts

2.0. For the purposes of this Law the following concepts are used:

2.0.1. unemployment insurance - the providing form directed to compensation of the lost salary insured in the cases provided by this Law;

2.0.2. subjects of unemployment insurance - the insurer, insured and insurers;

2.0.3. insured - the workers who concluded according to the laws of the Azerbaijan Republic with the employer the employment contract and insured against unemployment;

2.0.4. the insurer - the employers provided below insuring against unemployment of workers with whom they according to the laws of the Azerbaijan Republic signed the employment contract:

2.0.4.1. legal entities, and also branches and their representations and foreign legal entities;

2.0.4.2. state bodies;

2.0.4.3. physical persons;

2.0.4.4. heads of elected bodies;

2.0.5. the insurer - the relevant organ of the executive authority exercising control (except activities for control of calculation and payment of insurance premium from unemployment) in insurance field from unemployment;

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info