EKVITA February Legal Updates

Legal Act: Azerbaijan 2030: national priorities for socio-economic development 

Authority: President of the Republic of Azerbaijan

Effective date: 3 February 2021

Source: https://president.az/articles/50474 

 

According to the Order, the President has set the goal of implementing the following 5 national priorities for the country's socio-economic development for the next 10 years:

  1. Sustainably growing competitive economy
  2. Dynamic, inclusive and socially just society
  3. Competitive human capital and modern innovation space
  4. Return to the liberated territories
  5. Clean environment and “Green growth” country

The identified national priorities are also of particular importance in fulfilling the United Nations commitments arising from “Transforming our world: the 2030 agenda for sustainable development”.

 

Legal Act: Order on the organization of Sumgait Court of Grave Crimes

Authority: President of the Republic of Azerbaijan

Effective date: 3 February 2021

Source: https://president.az/articles/50512 

 

The Order provides for the establishment of Sumgait Court of Grave Crimes in the city of Sumgayit and the determination of its territorial jurisdiction by the Judicial-Legal Council.

Legal Act: Regulations on Special Mission of the President of the Republic of Azerbaijan

Authority: President of the Republic of Azerbaijan 

Effective date: 4 February 2021

Source: https://president.az/articles/50530 

 

Special Mission of the President of the Republic of Azerbaijan (”Special Mission”) is a structural subdivision of the Administration of the President of the Republic of Azerbaijan, performing tasks determined by its Regulations in the liberated territories.

The main goal of the Special Mission is to ensure development in certain areas. The structure of the Special Mission is determined by the President, while the special representative, his deputy and employees of the Mission are employees of President Administration.

 

Legal Act:  Order on transferring of “Azerbaijan Airlines” CJSC, “Azerbaijan Railways” CJSC, “Baku Metro” CJSC and “BakuBus” LLC to the management of Azerbaijan Investment Holding

Authority: President of the Republic of Azerbaijan 

Effective date: 13 February 2021

Source: https://president.az/articles/50605 

 

According to the amendments, “Azerbaijan Airlines” CJSC, “Azerbaijan Railways” CJSC, “Baku Metro” CJSC, BakuBus LLC, subordinated to the Baku Transport Agency, is transferred to the management of Azerbaijan Investment Holding.

 

Legal Act: Regulations on the Economic Council of the Republic of Azerbaijan

Authority: President of the Republic of Azerbaijan 

Effective date: 12 February 2021

Source: https://president.az/articles/50611 

 

The Economic Council of the Republic of Azerbaijan (“Council”) is a collegial body acting on a voluntary basis in order to form a Strategy for the country's socio-economic development, strengthen macroeconomic and financial stability, increase economic growth and social welfare, and implement a coordinated policy in these areas.

The President of the Republic of Azerbaijan is informed about the activities of the Council once every six months.

 

Legal Act: Law on Amendments to the Law "On Notaries"

Authority: Milli Majlis (Parliament) 

Effective date: 28 February 2021

Source: https://president.az/articles/50750 

 

According to the new article added, the state duties or fees will no longer be charged for:

  • notarization of copies of documents that are not intended for issuance to the applicant and for the purpose of their attachment to the notarial archive; and
  • transferring into hard copy and notarization of copies of documents received through electronic information systems within a notarial act

 

 

 

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EKVITA February Legal Updates

Legal Act: Azerbaijan 2030: national priorities for socio-economic development Authority: President of the Republic of AzerbaijanEffective date: 3 February 2021Source: https://president.az/articles/50474  According to the Order, the President has set the goal of implementing the following 5 national priorities for the country's socio-economic development for the next 10 years:Sustainably growing competitive economyDynamic, inclusive and socially just societyCompetitive human capital and modern innovation spaceReturn to the liberated territoriesClean environment and “Green growth” countryThe identified national priorities are also of particular importance in fulfilling the United Nations commitments arising from “Transforming our world: the 2030 agenda for sustainable development”. Legal Act: Order on the organization of Sumgait Court of Grave CrimesAuthority: President of the Republic of AzerbaijanEffective date: 3 February 2021Source: https://president.az/articles/50512  The Order provides for the establishment of Sumgait Court of Grave Crimes in the city of Sumgayit and the determination of its territorial jurisdiction by the Judicial-Legal Council.Legal Act: Regulations on Special Mission of the President of the Republic of AzerbaijanAuthority: President of the Republic of Azerbaijan Effective date: 4 February 2021Source: https://president.az/articles/50530  Special Mission of the President of the Republic of Azerbaijan (”Special Mission”) is a structural subdivision of the Administration of the President of the Republic of Azerbaijan, performing tasks determined by its Regulations in the liberated territories.The main goal of the Special Mission is to ensure development in certain areas. The structure of the Special Mission is determined by the President, while the special representative, his deputy and employees of the Mission are employees of President Administration. Legal Act:  Order on transferring of “Azerbaijan Airlines” CJSC, “Azerbaijan Railways” CJSC, “Baku Metro” CJSC and “BakuBus” LLC to the management of Azerbaijan Investment HoldingAuthority: President of the Republic of Azerbaijan Effective date: 13 February 2021Source: https://president.az/articles/50605  According to the amendments, “Azerbaijan Airlines” CJSC, “Azerbaijan Railways” CJSC, “Baku Metro” CJSC, BakuBus LLC, subordinated to the Baku Transport Agency, is transferred to the management of Azerbaijan Investment Holding. Legal Act: Regulations on the Economic Council of the Republic of AzerbaijanAuthority: President of the Republic of Azerbaijan Effective date: 12 February 2021Source: https://president.az/articles/50611  The Economic Council of the Republic of Azerbaijan (“Council”) is a collegial body acting on a voluntary basis in order to form a Strategy for the country's socio-economic development, strengthen macroeconomic and financial stability, increase economic growth and social welfare, and implement a coordinated policy in these areas.The President of the Republic of Azerbaijan is informed about the activities of the Council once every six months. Legal Act: Law on Amendments to the Law "On Notaries"Authority: Milli Majlis (Parliament) Effective date: 28 February 2021Source: https://president.az/articles/50750  According to the new article added, the state duties or fees will no longer be charged for:notarization of copies of documents that are not intended for issuance to the applicant and for the purpose of their attachment to the notarial archive; andtransferring into hard copy and notarization of copies of documents received through electronic information systems within a notarial act   Powered by Froala Editor

Date
10 March 2021
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