Fines are being established for violations of legal requirements related to the provision of services and execution of work by non-governmental organizations, APA reports.
This is reflected in the proposed amendment to the Code of the Republic of Azerbaijan on administrative offenses, which was brought up for discussion at today's meeting of the Milli Majlis (Azerbaijani Parliament).
According to the newly proposed Article 432-1 of the Code, in case a non-governmental organization fails to submit contracts for the provision of services or execution of work funded by foreign financial sources to the relevant body (institution) determined by the relevant executive authority within the timeframes established by legislation for registration, officials will be fined from 1,500 to 2,500 manats, and legal entities will be fined from 5,000 to 7,000 manats.
In the case of providing services or performing work by a non-governmental organization without a contract funded by foreign financial sources, or based on a contract that has not been registered, as well as accepting financial resources and/or other material assets in connection with this, officials will be fined from 2,500 to 5,000 manats, and legal entities will be fined from 8,000 to 15,000 manats.
For carrying out banking operations or any other transactions based on a contract for the provision of services or execution of work funded by foreign financial sources that have not been registered in accordance with the procedure established by the Law of the Republic of Azerbaijan "On Non-Governmental Organizations (Public Associations and Foundations)"—by non-governmental organizations, banks, or other payment service providers—officials will be fined from 2,500 to 5,000 manats, and legal entities from 5,000 to 8,000 manats.
After the discussions, the draft law was put to a vote and adopted in the third reading.
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