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LAW OF THE AZERBAIJAN REPUBLIC

of December 20, 2022 No. 713-VIQD

About modification of the Law of the Azerbaijan Republic "About non-bank credit institutions"

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

In the Law of the Azerbaijan Republic "About non-bank credit institutions" (Collection of the legislation of the Azerbaijan Republic, 2010, No. 2, Article 72; 2013, No. 7, Article 789; 2014, No. 10, Article 1160; 2016, No. 3, Article 407, No. 4, Article 641; 2017, No. 12 (I book), Article 2228; 2018, No. 5, Article 844, No. 6, Article 1171; 2019, No. 1, Article 32, No. 5, Article 815; 2021, No. 12, Article 1298) to make the following changes:

1. Add with Articles 11.1-1 and 13.1-1 of the following content:

"11.1-1. If receipt of the documents or data necessary for receipt of the license, from the relevant state body (structure) by means of the Information system "Electronic Government" perhaps, then the specified documents or data are not subject to reclamation at the applicant. If receipt of such documents or data by means of the Information system "Electronic Government" is impossible, then they, with the consent of the applicant, are subject to reclamation at the relevant state body (structure) based on request or to providing with the applicant.";

"13.1-1. If receipt of the documents or data necessary for opening of NBKO branch, from the relevant state body (structure) by means of the Information system "Electronic Government" perhaps, then the specified documents or data are not subject to reclamation at NBKO. If receipt of such documents or data by means of the Information system "Electronic Government" is impossible, then they, with the consent of NBKO, are subject to reclamation at the relevant state body (structure) based on request or to providing the NBKO.".

2. the second offer of Article 11.3 after the word of "inaccuracies" to add with words "(taking into account requirements of article 11.1-1 of this Law)".

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