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RESOLUTION OF BOARD OF CENTRAL BANK OF THE AZERBAIJAN REPUBLIC

of January 11, 2023 No. 01/2

About modification of "Rules of maintaining foreign currency transactions by the residents and nonresidents of the Azerbaijan Republic" approved by the Resolution of Board of the Central bank of the Azerbaijan Republic of November 28, 2016 No. 45/1

For the purpose of ensuring application of the Law of the Azerbaijan Republic of June 22, 2022 with No. 551-VIQ "About investing activities", according to article 22.0.17 of the Law of the Azerbaijan Republic "About the Central bank of the Azerbaijan Republic" the Board of the Central bank of the Azerbaijan Republic DECIDES:

1. In Item 1.1 of "Rules of maintaining the foreign currency transactions by residents and nonresidents of the Azerbaijan Republic" approved by the resolution of Board of the Central bank of the Azerbaijan Republic of November 28, 2016 No. 45/1, of the word "About Protection of Foreign Investments" shall be replaced with words "About investing activities".

2. Charge to Legal department (R. Melikov) to provide in three-day time submission of this Resolution to the Ministry of Justice of the Azerbaijan Republic for entering into the State register of legal acts of the Azerbaijan Republic.

Chairman of the Central bank

Talekh Kyazymov

 

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