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RESOLUTION OF BOARD OF CENTRAL BANK OF THE AZERBAIJAN REPUBLIC

of March 3, 2016 No. 16/1

About approval "Rules of import to the Azerbaijan Republic and export from the Azerbaijan Republic of foreign currency and securities in foreign currency residents and nonresidents of the Azerbaijan Republic"

For the purpose of reduction of the mode of currency control in the country in compliance with the corresponding macroeconomic situation "About the Central Bank of the Azerbaijan Republic" and to Articles 8, 9 and 11 Laws of the Azerbaijan Republic "About currency control" DECIDES: Board of the Central bank of the Azerbaijan Republic according to article 22.0.4 of the Law of the Azerbaijan Republic

1. Approve "Rules of import to the Azerbaijan Republic and export from the Azerbaijan Republic of foreign currency and securities in foreign currency by residents and nonresidents of the Azerbaijan Republic" (are applied).

2. Recognize invalid "Rules of import to the Azerbaijan Republic and export from the Azerbaijan Republic of foreign currency by residents and nonresidents of the Azerbaijan Republic", the Boards of National Bank of the Azerbaijan Republic approved by the Resolution of March 18, 2002 (the Protocol No. 06) (the certificate No. 2778 of 02.04.2002), and changes in these rules of February 18, 2008 (the protocol No. 06) (the certificate No. 3385 of March 07, 2008).

3. Charge to Legal department (R. Melikova) to provide within 3 days submission of this Resolution to the Ministry of Justice for inclusion in the State register of legal acts of the Azerbaijan Republic.

Approved by the Resolution of Board of the Central bank of the Azerbaijan Republic of March 3, 2016 No. 16/1

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