LAW OF THE AZERBAIJAN REPUBLIC

of May 10, 2005 No. 908-IIQ

About electronic trading

This Law determines the legal basis for the organization and implementation of electronic trading in the Azerbaijan Republic, the rights and obligations, and also responsibility of her participants for violation of the law about electronic trading.

Chapter I. General provisions

Article 1. Basic concepts

1.0. In this Law the following basic concepts are used:

1.0.1. Electronic trading - sales activity of goods, (including loading through the Internet of e-books, music, audio-video of materials, graphical representations, virtual games, the software, advertizing, other similar work and services), performed with use of information systems;

1.0.2. Participants of electronic trading - physical persons and legal entities which when implementing electronic trading act as the seller (supplier), the buyer (customer) and the intermediary in electronic document management;

1.0.3. The seller (supplier) - the participant of electronic trading performing sales of goods (performance of works, rendering services);

1.0.4. The buyer (customer) - the participant of electronic trading performing purchase of goods (ordering works, services);

1.0.5. The intermediary in electronic document management (daleeposrednik) - the physical person or legal entity providing services in electronic document management between the sender and the receiver of the electronic document;

1.0.6. The commercial message - the message directed directly or indirectly to promotion of goods, performance of works, rendering services by the seller (supplier) or forming of its image;

1.0.7. The POS terminal - the equipment intended for carrying out transactions by means of payment cards including receipts of cash;

1.0.8. the card organization - the center rendering maintenance of transfer, collection, processing and clearing of data on the operations performed by means of cards including issues of cards and acquiring (banks and other legal entities performing processing activities), or representation, branch or other division of the international card organization in the Azerbaijan Republic;

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