LAW OF THE AZERBAIJAN REPUBLIC

of October 14, 2016 No. 361-VQD

About introduction of amendments to the Code of the Azerbaijan Republic about administrative offenses

Being guided by Item 17 of part I of article 94 of the Constitution of the Azerbaijan Republic, for the purpose of approval of the Code about administrative offenses of the Azerbaijan Republic with the Law of the Azerbaijan Republic "About introduction of amendments to the Law of the Azerbaijan Republic "About counteraction of legalization of the money received in the criminal way or other property and to terrorism financing" of October 20, 2015 the Majlis of the Azerbaijan Republic decides Millie's No. 1401-IVQD:

In the Code of the Azerbaijan Republic about administrative offenses (Collection of the legislation of the Azerbaijan Republic, 2016, No. 2 (the book I), Article 202, 3, Articles 397, of 403, of 429, No. 4, Articles 631, of 647, of 654, No. 5, Articles 835, of 846, No. 6, Articles 997, of 1010, No. 1010, No. 7, Articles 1247, of 1249) in Article 598.0.6 the sign "for-" to replace No. with semicolon and to add with Article 598.0.7 of the following content:

"598.0.7. failure to carry out by participants of monitoring and the other persons participating in monitoring, measures for freezing of assets of persons to which sanctions within counteraction to terrorism financing, and also legal entities who are in property or under control of these persons, including the physical persons and legal entities performing activities from name or at the request of these persons, according to the procedure, established by the Law of the Azerbaijan Republic "About counteraction of legalization of the money received in the criminal way or other property and to terrorism financing", or non-execution of the decision of body of financial monitoring on freezing of assets - "shall be applied.

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