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LAW OF THE AZERBAIJAN REPUBLIC

of December 18, 2015 No. 66-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:

Article 1

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, of Article 74, of 96, No. 3, Article 253) to make the following changes:

1.1. At the end of Article 2.0.21 to replace point with semicolon and to add with Article 2.0.22 of the following content:

"2.0.22. Bureau of compulsory insurance - the structure determined by article 27 of the Law of the Azerbaijan Republic "About compulsory insurance".".

1.2. In Article 11.3 of the word "in writing based on the written appeal of insurer" shall be replaced with words "in electronic form by means of information system, the stipulated in Article 34-1 Law of the Azerbaijan Republic "About compulsory insurance".

1.3. Add with Article 14.3-1 of the following content:

"14.3-1. Insurance intermediaries list the insurance premiums received in cash form from insurers for the account of the relevant insurer by means of the payment system integrated into information system, the stipulated in Article 11.3 presents of the Law. This payment service provider shall allow Bureau of compulsory insurance to receive electronic reports on all payments in the form established by body of insurance supervision, and to the relevant insurer - electronic reports on the payments transferred into its account.".

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