Bank Of Baku

Azerbaijan to impose big fines on parties refusing to publicize source of finance

Azerbaijan to impose big fines on parties refusing to publicize source of finance
# 06 February 2013 14:38 (UTC +04:00)

 

APA reports that the relevant amendments to the Code of Administrative Offences were adopted at the meeting of the Azerbaijani parliament’s committee on legal policy and state-building.

 

According to the amendments, the officials violating the rule will be fined from AZN 1500 up to AZN 3000, legal entities from AZN 5000 up to AZN 8000.

 

The amendments were recommended to the plenary meeting of the parliament.

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