LAW OF THE AZERBAIJAN REPUBLIC

of December 3, 2021 No. 421-VIQD

About modification of the Law of the Azerbaijan Republic "About insurance activity"

Being guided by Item 27 of part I of article 94 of the Constitution of the Azerbaijan Republic, Millie DECIDES: Majlis of the Azerbaijan Republic

Article 1

In the Law of the Azerbaijan Republic "About insurance activity" (Collection of the legislation of the Azerbaijan Republic, 2008, No. 3, Article 144, No. 7, Article 602; 2009, No. 7, Article 517; 2011, No. 1, Article 11; 2013, No. 12, Article 1470; 2014, No. 7, Articles 771, 779; 2015, No. 11, Article 1263; 2016, No. 3, Article 410, No. 6, Article 976; 2017, No. 7, Articles 1286, 1294, No. 12 (I book), Article 2221; 2018, No. 7 (I book), Article 1392; 2019, No. 1, Articles 19, 33, 50, No. 5, Articles 793, 815, No. 6, Article 999, No. 8, Article 1362; 2020, No. 7, Articles 822, 830; 2021, No. 6 (the I book), Article 558) to make the following changes:

1.1. cancel part the second preambles;

1.2. to add Article 2.3 after the words "in the cases provided" with the words "and article 2.6 of this Law";

1.3. add with Article 2.6 of the following content:

"2.6. This Law does not extend to the relations following from social insurance and compulsory national personal insurance.".

Article 2

This Law becomes effective since January 1, 2022.

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