LAW OF THE REPUBLIC OF ARMENIA

of November 24, 2015 No. ZR-133

About entering of amendments and changes into the Law of the Republic of Armenia "About the Central bank of the Republic of Armenia"

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

Article 1. The Item "in" part 2 of article 5 of the Law of the Republic of Armenia "About the Central bank of the Republic of Armenia" of June 30, 1996, after the word of "persons" to add ZR-69 (further - the Law) with the words "recognizes the organizations as financial group".

Article 2. In Articles 7, 22 - 26 - 28, 56, the title and part 3 of Article 18 all words "deputy" in their case forms shall be replaced with words 24, "deputies" in the corresponding case forms.

Article 3. In article 18 of the Law:

Shall be replaced with words 1) regarding 1 word "the vice-chairman of the Central bank, and the deputy replaces" "one of vice-chairmen of the Central bank, and deputies replaces";

2 parts 2 of the word "the vice-chairman of the Central bank is appointed" shall be replaced with words 2) in the paragraph "vice-chairmen of the Central bank are appointed".

Article 4. Regarding 1 article 19 of the Law of the word "at the deputy" shall be replaced with words "at two deputies".

Article 5. Regarding 1 article 20 of the Law:

The Item "ki" after the word of "banks" to add 1) with words of "financial groups";

The Item "la" after the word of "persons" to add 2) with words ", financial groups";

The Item "lb" after the words "in banks" to add 3) with words ", financial groups (types, subgroups)".

Article 6. In article 21 of the Law:

1) regarding 1 word of "deputy" shall be replaced with words "at least one of deputies";

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