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Azerbaijani President injects changes to Decree on rules on state property, privatization of which is forbidden

Business Materials 24 November 2005 13:44 (UTC +04:00)

Azerbaijani President Ilham Aliyev signed a decree on injecting changes to �Rules of inventory of the state property privatization of which is forbidden, and also property of the enterprises and objects privatization of which is carried out by decisions of President of the Azerbaijan Republic and the Ministry of Economic Development of the Azerbaijan Republic, dated September 18, 2003, Trend reports.

In point1 approved by the Decree of President of the Azerbaijan Republic, dated September 18, 2003, of the “Rules of inventory of the state property privatization of which is forbidden, and also property of the enterprises and objects privatization of which is carried out by decisions of President of the Azerbaijan Republic and the Ministry of Economic Development of the Azerbaijan Republic” (Legislative Acts of the Azerbaijan Republic, 2003, #9, Article 470), the words “debts and percent on taxes (further - debts on taxes)” shall be replaced with the words “debts on taxes, the percent charged on debts on taxes, and the applied financial sanctions (further - debts on taxes)”, in point 5, the words “two months” - with words “15 days”.

The decree enacts into law from the date of signing.

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