PRESIDENTIAL DECREE OF THE AZERBAIJAN REPUBLIC

of December 28, 2016 No. 1182

About approval of "Procedure for internal and external borrowing of the legal entities belonging to the state"

Being guided by Item 32 of article 109 of the Constitution of the Azerbaijan Republic, I decide:

1. Approve "Procedure for internal and external borrowing of the legal entities belonging to the state" it (is applied).

2. To the Cabinet of Ministers of the Azerbaijan Republic:

2.1. in three-months time to prepare and provide to the President of the Azerbaijan Republic offers on reduction of acts of the President of the Azerbaijan Republic to compliance with this Decree;

2.2. to prepare and provide to three-months time to the President of the Azerbaijan Republic the bill establishing responsibility for violation of the Procedure approved by part of 1 this Decree;

2.3. in three-months time to provide approval of regulatory legal acts of the Cabinet of Ministers of the Azerbaijan Republic of this Decree and to report on the President of the Azerbaijan Republic;

2.4. check approval of regulatory legal acts of the central executive bodies of this Decree and in five-months time to report on execution of it on the President of the Azerbaijan Republic;

2.5. resolve other issues following from this Decree.

3. To provide to the Ministry of Justice of the Azerbaijan Republic approval of regulatory legal acts and acts of normative nature of the central executive bodies of this Decree and to report on the Cabinet of Ministers of the Azerbaijan Republic.

Approved by the Presidential decree of the Azerbaijan Republic of December 28, 2016, No. 1182

Procedure for internal and external borrowing of the legal entities belonging to the state

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