LAW OF THE AZERBAIJAN REPUBLIC

of April 17, 1998 No. 483-IQ

About grant

This Law governs the economic and legal relations connected with provision, obtaining and use of grants (including subgrants, amendment to grant, and also, except for the donations, relief aids which are drawn up in other form for the purposes specified in the first part of article 1 of this Law) in the Azerbaijan Republic (except for the Alyatsky free economic zone).

Article 1. Grant

1. The grant is the help given according to the procedure, provided by this Law, for preparation and implementation of humanitarian, social and ecological projects, works on recovery of the destroyed objects and infrastructure of production and social appointment in the territories injured with war and natural disaster, programs in education, health cares, cultures, consulting, information, publishing and sport, scientific, research, design and others important for the state and society of programs. The grant is issued only for specific purpose (purposes). The donations and the help of public authorities provided by the Laws of the Azerbaijan Republic "About religious liberty" and "About non-governmental organizations (public associations and funds)", municipalities without grant agreement (decision), except for the means constituting economic basis of municipal finance (except grants) according to the Law of the Azerbaijan Republic "About bases of municipal finance", and also the religious structures, non-governmental organizations operating in the Azerbaijan Republic including branches and representative offices of non-governmental organizations of foreign states in the form of financial resources and (or) other material forms.

1-1. Subgrant - means which are issued according to the separate agreement (decision) of grant from the means received under the agreement (decision) of grant, the third party who is not provided as the recipient in this agreement (decision) for the purpose of execution of this agreement (decision).

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