LAW OF THE AZERBAIJAN REPUBLIC

of June 13, 2017 No. 737-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, Millie decides Majlis of the Azerbaijan Republic:

In article 598 of the Code of the Azerbaijan Republic about administrative offenses (Collection of the legislation of the Azerbaijan Republic, 2016, No. 2 (book I), Article 202, No. 3, Articles 397, 403, 429, No. 4, Articles 631, 647, 654, No. 5, Articles 835, 846, No. 6, Articles 997, 1010, No. 7, Articles 1247, 1249, No. 10, Article 1608; No. 11, Articles 1769, 1774, 1781, 1783, 1786, 1788, No. 12 Articles 1984, 2000, 2009, 2024, 2049; 2017, No. 1, Article 21, No. 2, Articles 139, 147, 152, 162, No. 3 Articles 331, 344; The Laws of the Azerbaijan Republic of April 7, 2017, No. 567-VQD, No. 574-VQD, 14 of April, 2017 No. 597-VQD, 25 of April, 2017 No. 634-VQD, 2 of May, 2017 No. 663-VQD, 16 of May, 2017 No. 669-VQD) to make the following changes:

1. In Article 598.0.1 the word of "beneficiary" shall be replaced with words "owner beneficiary".

2. In Article 598.0.3 of the word "the being legal entities" shall be replaced with words "according 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"".

3. In Article 598.0.7 to replace the word "for …-" with semicolon;

4. Article 598.0-598.0.7 to consider respectively Articles 598.1-598.1.7 and to add with Articles 598.1.8-598.1.9 of the following content:

"598.1.8. non-compliance with the monitoring by participants and other persons participating in monitoring, requirements in connection with politicians of foreign states;

598.1.9. non-compliance with requirements by participants of monitoring in communication by their branches and affiliated legal entities located in the foreign countries -".

5. To state the sanction of Article 598.1 in the following edition:

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