LAW OF THE AZERBAIJAN REPUBLIC

of July 2, 1999 No. 700-IQ

About Audit Chamber

This Law determines the status, functions, organizational structure, forms and the principles of activities of Audit Chamber of the Azerbaijan Republic (further - Audit Chamber).

Chapter I. General provisions

Article 1. Status of Audit Chamber of the Azerbaijan Republic

Based on article 92 of the Constitution of the Azerbaijan Republic of Millie the Majlis creates Audit Chamber.

The Audit Chamber is accountable to Millie to Majlis permanent body of the state budget and financial control. The Audit Chamber has organizational and functional independence.

Requirements to members of Audit Chamber, procedure for their appointment are determined by article 44 of the internal charter of Millie of Majlis of the Azerbaijan Republic and article 10 of the Law "About Millie's Committees of Majlis of the Azerbaijan Republic".

Audit Chamber - the legal entity.

The Audit Chamber has seal with the image of the State Emblem of the Azerbaijan Republic and designation of the name.

The Audit Chamber is in the city of Baku.

Article 2. Main functions of Audit Chamber

The Audit Chamber performs the following functions:

draws the conclusion according to drafts of the government budget and budgets of off-budget state funds (institutes);

exercises control of timely execution of income and expense items of the government budget and budgets of off-budget state funds (institutes) for amount, structure and appointment;

draws the conclusion according to the annual performance report of the government budget and the relevant bills;

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