Legislative Update Newsletter - October, 2018
Legislative Update Newsletter - October, 2018
Overview of recent changes in the Azerbaijani legislation that could materially impact your business.
In this Issue
1. “Rules for the Formation, Maintenance, Integration and Archiving of State Information Resources and Systems” were adopted
2. Law “On Chamber of Accounts” was enacted
3. The relevant executive body authorized for determination of officials competent to access information comprising commercial and (or) tax secrets was changed
4. Centralized “e-information system” to be established
5. The procedures for issuance of construction permits and land allocation for construction purposes have changed
6. Activities of the State Tourism Agency of the Republic of Azerbaijan have been ensured
7. Constitutional Court dismissed the fact of devaluation as the ground for unilaterally amending loan contracts
8. Constitutional Court has made a decision on protected deposits
9. “State Program on expansion of digital payments in the Republic of Azerbaijan in 2018 – 2020” was approved