RESOLUTION OF THE CABINET OF MINISTERS OF THE AZERBAIJAN REPUBLIC

of September 27, 2016 No. 370

About approval of "Rules of the organization of activities and management of joint technological parks"

For the purpose of ensuring execution of subitem 4.1.7 of the Presidential decree of the Azerbaijan Republic "About approval of standard regulations on technological parks" of May 15, 2014 168, the Cabinet of Ministers of the Azerbaijan Republic decides No.:

Approve "Rules of the organization of activities and management of joint technological parks" (are applied).

Approved by the Resolution of the Cabinet of Ministers of the Azerbaijan Republic of September 27, 2016 No. 370

Rules of the organization of activities and management of joint technological parks

1. General provisions

1.1. These rules are prepared for the purpose of ensuring execution of subitem 4.1.7 of the Presidential decree of the Azerbaijan Republic "About approval of standard regulations on technological parks" of May 15, 2014 No. 168 and regulate questions of the organization of activities and management of the joint technological park (further - joint technopark).

1.2. The provisions of the Sections "Purposes of Creation of Technopark", "Functions of Management Company", "Income of Management Company", "Activities of Resident of Technopark", "Activities of Resident of Incubator", "Use of the Parcels of Land of Technopark", "Liquidation of Technopark" specified in "Standard Provision on the park of technologies" (further - the Provision), are also applied to joint technoparks.

1.3. The concepts used in these rules are established by the Provision.

1.4. Joint technoparks can be specialized and the mixed profile.

1.5. The concept the investor used in these rules is established by the Law of the Azerbaijan Republic "About investing activities".

2. Creation of joint technopark

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