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LAW OF THE AZERBAIJAN REPUBLIC

of June 21, 2025 No. 219-VIIQD

About introduction of amendments to the Law of the Azerbaijan Republic "About the security market"

Millie Majlis of the Azerbaijan Republic, being guided by Items 10, of 11, 13 and 15 parts I of article 94 of the Constitution of the Azerbaijan Republic, decides:

Make the following changes to the Law of the Azerbaijan Republic "About the security market" (Collection of the legislation of the Azerbaijan Republic, 2015, No. 7, Article 813 (volume I); The Laws of the Azerbaijan Republic of March 18, 2025 No. 161-VIIQD and of April 11, 2025 No. 175-VIIQD):

1. To exclude words from Item 4.3.6 of Article 4.3.6" (except as specified, the stipulated in Article 8.17 these Laws)".

2. Under Article 8.17:

2.1. in the second offer after the word "issues" to add with words "(except as specified when all shares of these shares are acquired by state bodies (organizations) or the state joint-stock companies)";

2.2. add the third offer of the following content:

"In cases when shares are acquired by state bodies (organizations) or all shares - the state joint-stock companies, the share issue is subject to state registration by submission of the documents specified in Articles 6.3. 1, 6.3.2 (except for the data specified in Articles 4.3. 6, 4.3.7 and 4.3.8-1 these Laws) both 6.3.3 presents of the Law, and such shares are considered placed".

President of the Azerbaijan Republic

Ilham Aliyev

 

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