LAW OF THE AZERBAIJAN REPUBLIC

of May 29, 2012 No. 369-IVQD

About modification and amendments in the Law of the Azerbaijan Republic "About budget system"

Being guided by Item 15 of part I of article 94 of the Constitution of the Azerbaijan Republic, Millie decides Majlis of the Azerbaijan Republic:

Article 37.7 of the Law of the Azerbaijan Republic "About budget system" (Collection of the legislation of the Azerbaijan Republic, 2002, No. 10, Article 584; 2003, No. 6, Article 267; 2004, No. 12, Article 979; 2005, No. 5, Article 393; 2006, No. 2, Article 67, No. 3, Article 225, No. 12, Article 1012; 2007, No. 12, Article 1202; 2008, No. 12, Article 1049; 2009, No. 7, Article 505) to state in the following edition:

"37.7. Municipalities submit semi-annual and annual reports about the execution of the local budget to meeting of municipality according to the procedure established by the charter. Semi-annual financial statements shall be submitted to the 15th following the accounting period, and annual financial reports - till January 30 of the next year. Municipalities approve the submitted financial statements by the decision of meeting of municipality within 15 (fifteen) working days. For the purpose of acquaintance of local population municipalities bring the annual statement to its attention by means of the announcement, the bulletin, the sheet, local press, the official website, etc. means.".

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