LAW OF THE REPUBLIC OF ARMENIA

of November 24, 2015 No. ZR-134

About entering of amendments into the Law of the Republic of Armenia "About banks and banking activity"

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

Article 1. Part 2 of article 2 of the Law of the Republic of Armenia "About banks and banking activity" of June 30, 1996, ZR-68 (further - the Law) to add with the new offer of the following content: "Additional requirements to activities of bank as member of financial group, are established by the Law of the Republic of Armenia "About the Central bank of the Republic of Armenia".".

Article 2. Speak rapidly 1-4 Articles 8, of part 1-3 Articles 9, part 2 of article 39 after words "this Law and other laws regulating banking activity" to add with words ", and also the legislation regulating activities of financial groups".

Article 3. To add part 1 of Article 60 with the Item "to" of the following content:

"j) requirements of the Law and (or) the legal acts adopted on its base regulating activities of financial groups with participation of bank are violated".

Article 4. This Law becomes effective ten days later after official publication.

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