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LAW OF THE AZERBAIJAN REPUBLIC

of March 4, 2016 No. 142-VQD

About introduction of amendments to the Law of the Azerbaijan Republic "About credit unions"

(as amended of the Law of the Azerbaijan Republic of 06.07.2023 No. 939-VIQD)

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 credit unions" (Collection of the legislation of the Azerbaijan Republic, 2000, No. 7, Article 485, 2001, No. 12, Article 736; 2010, No. 10, Article 839) to make the following changes:

1.1. Under Article 5:

1.1.1. in part 8 after the word "procedure" to add with the words "from supervision body behind the financial markets";

1.1.2. in parts 9 and 10 of the word "the body issuing special permission to banking activity" shall be replaced with words "supervision body behind the financial markets".

1.2. Regarding 1 Article 9 of the word "to the body issuing special permission to banking activity" shall be replaced with words to "supervision body behind the financial markets".

1.3. Regarding the 2nd Article 17 and part 2 of Article 18 of the word "the body issuing special permission to banking activity" shall be replaced with words "supervision body behind the financial markets".

Article 2

It is cancelled according to the Law of the Azerbaijan Republic of 06.07.2023 No. 939-VIQD

President of the Azerbaijan Republic

Ilham Aliyev

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

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