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LAW OF THE AZERBAIJAN REPUBLIC

of December 20, 2022 No. 706-VIQD

About introduction of amendments to the Law of the Azerbaijan Republic "About banks"

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

Make the following changes to the Law of the Azerbaijan Republic "About banks" (Collection of the legislation of the Azerbaijan Republic, 2004, No. 3, Art. 130; 2005, No. 4, Art. 276; 2007, No. 5, Art. 6, Art. 562, No. 11, Art. 1070, 2008, No. 11, Art. 960, 2009, No. 6, Art. 839, 2011, No. 7, Art. 590, 2013, No. 7, Art. 790, 2014, No. 7, Art. 772, No. 12, Art. 1517, 2015, No. 11, Art. 3, Art. 406, No. 6, Art. 975, 2017, No. 4, Art. 521, No. 11, Art. 1956, No. 12 (volume I), Art. 5, article 842, No. 7 (book I), article 1389, No. 12 (book I), Article 2466, 2019, No. 1, Articles 32, 50, No. 4, Article 599, No. 6, Article 999, No. 7, Art. 1185, No. 8, Art. 1365, 2020, No. 5, Art. 515, 2021, No. 1, Art. 8, No. 11, Art. 1206, No. 12, Art. 1298):

1. After the word "shortcomings" in the first offer of Article 8.3 and the second offer of Article 8.11 to add the word" (taking into account requirements of article 8.12 of this Law)".

2. Add with Articles 8. 12, 9.3-1 and 11.3-1 following content:

"8.12. In case of possibility of receipt of the documents or data provided by this Article from the relevant state body (organization) by means of the information system "Electronic Government", these documents or data from the applicant are not required. In cases when it is impossible to receive such documents or data through the information system "Electronic Government", their representation is requested from the relevant state body (organization) with the consent of the applicant or provided with the applicant.";

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