LAW OF THE AZERBAIJAN REPUBLIC

of March 4, 2016 No. 150-VQD

About introduction of amendments to the Law of the Azerbaijan Republic "About compulsory insurance from loss of professional working capacity as a result of labor accidents and occupational diseases"

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 compulsory insurance from loss of professional working capacity as a result of labor accidents and occupational diseases" (Collection of the legislation of the Azerbaijan Republic, 2010, No. 7, Article 572; 2011, No. 12, Article 1089; 2013, No. 11, Article 1318; 2014, No. 1, Article 9, No. 7, Article 777; 2015, No. 2, Articles 74, 96, No. 3, Article 253; The Law of the Azerbaijan Republic of February 18, 2016 No. 66-VQD) to make the following changes:

1. At the end of Article 2.0.22 to replace point with semicolon and to add with Article 2.0.23 of the following content:

"2.0.23. supervision body behind the financial markets - the structure created by relevant organ of the executive authority for the purpose of implementation of regulation and control in the financial markets.".

2. In Articles 7.1. 6, 11.1, 14-3.1 and 21.1 of the word "body of insurance supervision" in the corresponding cases shall be replaced with words "supervision body behind the financial markets".

3. In Articles 11. 3, 12. The 14.4 and 15 words "relevant organ of the executive authority" shall be replaced with words 2, "supervision body behind the financial markets".

4. In the name of Article 21 and in Article 21.1 of the word "state control" to replace with the word "supervision".

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