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RESOLUTION OF THE CABINET OF MINISTERS OF THE AZERBAIJAN REPUBLIC

of October 5, 2016 No. 378

About modification of the "Coefficients to original price of the privatized state companies (objects)" approved by the resolution of the Cabinet of Ministers of the Azerbaijan Republic of January 24, 2001 No. 23

Being guided by the eighth paragraph of article 119 of the Constitution of the Azerbaijan Republic, the Cabinet of Ministers of the Azerbaijan Republic decides:

Add with part 7 of the following content the "Coefficients to original price of the privatized state companies (objects)" approved by the resolution of the Cabinet of Ministers of the Azerbaijan Republic of January 24, 2001 No. 23 (Collection of the legislation of the Azerbaijan Republic, 2001, No. 1, Article 72; 2007, No. 11, Article 1190; 2008, No. 6, Article 586, No. 10, Article 937; 2009, No. 10, Article 846):

"7. If the starting (selling) price of the privatized state companies (objects) below the market value created during purchase and sale of the parcels of land in the state real estate register, assessment of the specified companies (objects) is performed according to the Law of the Azerbaijan Republic "About estimative activities.".

Prime Minister of the Azerbaijan Republic
Artur Rasi-Zade

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