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Azerbaijani President Orders Approval of Law on Obligatory Insurance of Auditor’s Civil Liability

Business Materials 21 August 2007 17:55 (UTC +04:00)

Azerbaijan, Baku / Trend corr U. Ismayilova /The Azerbaijani President, Ilham Aliyev, has issued a bill for approval of the Law on Obligatory Insurance of Auditor's Civil Liability, according to official press.

The Cabinet of Ministers has been requested to submit suggestions regarding whether the current acting legislative acts correspond to the new Law on Obligatory Insurance of Auditor's Civil Liability to the President within a month.

The order envisages definition of basic tariffs for obligatory insurance.

The law took effect on 16 August.

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