PRESIDENTIAL DECREE OF THE AZERBAIJAN REPUBLIC

of July 13, 2017 No. 1530

About modification of the Presidential decree of the Azerbaijan Republic "About some questions of mortgage lending in the Azerbaijan Republic" of June 22, 2016 No. 940

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

Make the following changes to the Presidential decree of the Azerbaijan Republic of June 22, 2016 No. 940 (Collection of the legislation of the Azerbaijan Republic, 2016, No. 6, Article 1036; 2017, No. 4, Article 526):

1. In "The charter of Azerbaijani Mortgage Fund Open joint stock company approved by the same Decree:

1.1. give Item 1.5 in the following edition:

"1.5. Society is in the city of Baku.";

1.2. in part 4:

1.2.1. in Item 4.3 in both cases of the word "307 238 671 (three hundred seven million two hundred thirty eight thousand six hundred seventy one)" "366 000 000 (three hundred six hundred six million)";

1.2.2. give Item 4.9 in the following edition:

"4.9. Free money of Society can be used in the following directions:

4.9.1. for mortgage lending;

4.9.2. for share acquisition (shares) of the companies and government securities;

4.9.3. for placement of deposits in banks.";

1.3. in part 7:

1.3.1. exclude from 7 punkta.3 words", Audit committee";

1.3.2. cancel the 2nd paragraph of subitem 7.6.2;

1.3.3. exclude from subitem 7.6.5 of the word "regulations of Audit committee,";

1.3.4. exclude the word of "repaired" from subitem 7.6.6;

1.3.5. exclude from subitem 7.6.8 of the word", establishment of structure, limit of number of workers, salary systems and … salary fund";

1.3.6. cancel subitem 7.6.12;

1.3.7. in subitem 7.6.13 to replace the word "choice" with the word "establishment";

1.3.8. exclude from subitem 7.6.14 of the word "and carrying out audit by Audit committee";

1.3.9. exclude from subitem 7.6.16 of the word of "Audit committee";

1.4. in part 8:

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