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LAW OF THE REPUBLIC OF ARMENIA

of December 20, 2019 No. ZR-287

About introduction of amendments to the Law "About Joint Stock Companies"

Accepted by National Assembly of the Republic of Armenia on December 4, 2019

Article 1. ZR-232 "About joint-stock companies" (further - the Law) to declare the second paragraph of part 1 of article 92 of the Law of September 25, 2001 invalid.

Article 2. In article 94 of the Law:

Shall be replaced with words 1) regarding 2 words of "annual financial accounting, the profit and loss account" "the annual financial reporting";

Shall be replaced with words 2) regarding 3 words "the annual statement is subject" "the annual statement and the annual financial reporting are subject".

Article 3. Regarding 1 article 95 of the Law:

The Item "d" to state 1) in the following edition:

"e) annual accounts, financial annual accounts of the Company and if the financial reporting under the law is subject to statutory audit, also audit opinions about it;";

The Item "e" to declare 2) invalid.

Article 4. To declare the Item "and" of part 1 of article 96 of the Law invalid.

Article 5. This Law becomes effective for the tenth day after its official publication.

President of the Republic

A. Sargsyan

 

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