LAW OF THE AZERBAIJAN REPUBLIC

of June 29, 2018 No. 1198-VQD

About introduction of amendments to the Law of the Azerbaijan Republic "About budget system"

Being guided by Item 15 of part 1 of article 94 of the Constitution of the Azerbaijan Republic, Millie decides Majlis of the Azerbaijan Republic:

Article 1

Bring in the Law of the Azerbaijan Republic "About budget system" (Collection of the legislation of the Azerbaijan Republic, 2002, No. 10, Article 584; 2003, No. 6, Article 267; 2004, No. 12, Article 979; 2005, No. 5, Article 393, No. 12, Article 1083; 2006, No. 2, Article 67, No. 3, Article 225, No. 12, Article 1012; 2007, No. 12, Article 1202; 2008, No. 12, Article 1049; 2009, No. 7, Article 505; 2012, No. 6, Article 528; 2014, No. 8, Article 958; 2016, No. 11, Article 1777; 2017, No. 1, Articles 18, 32) following changes:

1.1. replace at the end of Article 1.1.24 point with semicolon and add Article 1.1.25 - 1.1.37 following of content:

"1.1.25. the single treasurer account - system of accounts at bank and financial institutions of the State Treasury;

1.1.26. remaining balance on the single treasurer account - balance in system of accounts at bank and financial institutions of the State Treasury;

1.1.27. free remaining balance on the single treasurer account - the amount of the means which remained for the beginning of the current fiscal year as a result of execution of government budgets of previous years in system of accounts of bank and financial institutions of the State Treasury;

1.1.28. net financial assets - balance of the State Oil Fund of the Azerbaijan Republic, remaining balance of the single treasurer account, means of the single treasurer account issued on management, amount difference the current year on the debt which is subject to payment by the foreign states according to obligations of the agreements signed on behalf of the Azerbaijan Republic and servicing of obligations of the state companies to the government budget and the total amount of internal and external public debt;

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