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LAW OF THE REPUBLIC OF ARMENIA

of November 24, 2015 No. ZR-136

About entering of amendments into the law of the Republic of Armenia "About insurance and insurance activity"

Accepted by National Assembly of the Republic of Armenia on November 12, 2015

Article 1. Article 1 of the Law of the Republic of Armenia "About insurance and insurance activity" of April 9, 2007, ZR-177-N (further - the Law) to add with part 5 of the following content:

"5. Additional requirements to activities of the subjects performing activities of insurance, reinsurance as members of financial group, are established by the Law of the Republic of Armenia "About the Central bank of the Republic of Armenia.".

Article 2. To add part 1 of article 143 of the Law with Item 8 of the following content:

"8) requirements of the laws and (or) the legal acts adopted on their basis regulating activities of financial group with participation of controlled are violated.".

Article 3. This Law becomes effective for the tenth day after official publication.

President of the Republic of Armenia

S. Sargsyan

(c) Soyuzpravoinform LLC

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