LAW OF THE REPUBLIC OF ARMENIA

of December 27, 2011 No. ZR-332

About introduction of amendments to the Law of the Republic of Armenia "About traffic safety"

Accepted by National Assembly of the Republic of Armenia on December 8, 2011

Article 1. In the Item "N" of article 9 of the Law of the Republic of Armenia "About traffic safety" of July 8, 2005, ZR-166-N (further - the Law) to exclude the words "and procedure for holding auctions for provision of accounting registration plates of vehicles".

Article 2. To state the Item "and" of part 1 of Article 10 in the following edition:

"i) establishes the prices of provision of accounting registration plates of the increased demand of vehicles according to standards;".

Article 3. In article 13 of the Law:

Part 3 to state 1) in the following edition:

"3. The right of lease of the vehicle under the agreement of property, pledge and leasing arising from the transactions made in the Republic of Armenia with the vehicle arises (is recognized the state) from the moment of state registration. If the vehicle which is pledge subject according to the law or the agreement be at the pawnbroker, then the right of pledge arises after the date of transmission to it the vehicle which is pledge subject and if it was transferred to the conclusion of the agreement, then from the moment of its conclusion. The rights and the restrictions set by the legislation of the Republic of Armenia concerning the vehicle of spouses have legal force even if these rights are not registered separately.";

15, the 16 and 17 words "July 1" shall be replaced with words 2) in parts "on October 16".

Article 4. In article 13.2 of the Law:

The word "starting" to replace 1) in part 2 with the word "established";

2) parts 3 and 5 to recognize invalid.

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