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LAW OF THE AZERBAIJAN REPUBLIC

of December 27, 2021 No. 450-VIQD

About modification of the Law of the Azerbaijan Republic "About lotteries"

Being guided by Item 11 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 lotteries" (Collection of the legislation of the Azerbaijan Republic, 2004, No. 5, Article 309; 2009, No. 7, Article 517; 2016, No. 3, Article 422; 2017, No. 2, Article 144; 2018, No. 2, article 154, No. 12 (book I), Article 2469; 2019, No. 1, Article 33) to make the following changes:

1.1. under Article 2:

1.1.1. in both cases to exclude words from Article 2.0.1" (other data carriers equated to them)" and to add this Article after words of "advantageous fund" with words "(except for virtual lottery)";

1.1.2. Article 2.0. 2.0.6 and 2.0.8 to state 5, in the following edition:

"2.0.5. target lottery - the lottery form which is carried out for the purpose of financing of cultural, social, improving, sports, educational and other projects of the state value according to the decision of the body (structure) determined by relevant organ of the executive authority;

2.0.6. advantageous fund - set (cost) of the money played in lottery and intended for payment in the form of prize, or other property (thing) which is subject to transfer or the services (works) which are subject to rendering including the additional resources made and withdrawn by the organizer of lottery in accordance with the terms of lottery, except for virtual lottery;";

"2.0.8. prize - the money which is subject to payment to the owner of the lottery ticket which is considered advantageous under the terms of lottery, either other property (thing) or subject to rendering service (work);";

1.1.3. in Article 2.0.9 after the words "in part" to add with the words "and (or) in prize", after the word "document" words ", other data carrier equated to it or electronic code";

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