LAW OF THE AZERBAIJAN REPUBLIC

of May 1, 2012 No. 350-IVQD

About introduction of amendments to the Law of the Azerbaijan Republic "About financial accounting"

Being guided by Item 27 of part I of article 94 of the Constitution of the Azerbaijan Republic, Millie decides Majlis of the Azerbaijan Republic:

In the Law of the Azerbaijan Republic "About financial accounting" (Collection of the legislation of the Azerbaijan Republic, 2004, No. 8, Article 605; 2008, No. 12, Article 1049; 2010, No. 4, of Article 265, of 276) to make the following changes:

1. To exclude words from Article 12.1", procedure and terms" and to add this Article with the second offer of the following content:

"Rules of representation and publication of annual financial reports and the summary (consolidated) financial statements of the commercial organizations are established by relevant organ of the executive authority.";

2. state Article 12.2 in the following edition:

"12.2. The commercial organizations which obtained the credit under the state guarantee or participate in the projects connected with expenditure of public debt and also to which of the budget subsidies, the subventions, grants or budgetary funds connected with accomplishment of certain powers are allocated submit the annual financial reports and the summary (consolidated) financial statements, and in the cases established by the law - together with the audit certificate, to the relevant organ of the executive authority performing state regulation in the field of financial accounting, according to the procedure, provided by the second offer of article 12.1 of this Law.";

3. in Article 12.3 (except for Article 12.3.1-12.3. "Preparing" to add 3) after the word with words ", and also noted in article 12.2 of this Law";

4. in Articles 12.3. 12.3.2 and 12.3.3 word "legislation" to replace 1, with the word "law";

5. in article 16 after the word "representations" to add with the word "publications".

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info