ORDER OF THE PRESIDENT OF THE AZERBAIJAN REPUBLIC

of November 22, 2005 No. 1114

About additional measures in the field of enhancement of payment systems in the Azerbaijan Republic

For the purpose of ensuring development of payment systems in the Azerbaijan Republic, more active use by persons performing economic activity and the population of electronic payment systems, replacements of the cash money supply which is in circulation with the non-cash address, and also applications of the State program on development of the National payment system in the Azerbaijan Republic for 2005-2007 I decide:

1. Charge to the Cabinet of Ministers of the Azerbaijan Republic:

1.1. take measures for payment since January 1, 2006 of the salary in all organizations of the Azerbaijan Republic financed from the government budget and also in public institutions and joint-stock companies with the controlling stock owned by the state by means of payment cards;

1.2. for application Posterminalov for the purpose of conducting settlings with clients in retailers, public catering and other companies of servicing by means of payment cards:

1.2.1. together with National Bank of the Azerbaijan Republic to prepare and approve in coordination with the President of the Azerbaijan Republic service regulations and uses Posterminalov according to the international standards existing in the field in a month;

1.2.2. together with the Ministry of taxes of the Azerbaijan Republic, the Ministry of Economic Development of the Azerbaijan Republic and National Bank of the Azerbaijan Republic to prepare and approve in a month criteria of determination of retailers, public catering and other servicing companies where installation Posterminalov is acknowledged reasonable, and the schedule of step-by-step application Pos-terminalnykh of devices on the territory;

1.2.3. together with the Ministry of Communications and Information Technologies of the Azerbaijan Republic to take measures for providing in objects where Pos-terminalnye devices, high-quality and stable relation are established.

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