The Azerbaijan State News Agency

OFFICIAL DOCUMENTS

LAW OF THE REPUBLIC OF AZERBAIJAN

ON INTRODUCING OF AMENDMENTS TO THE LAW OF THE REPUBLIC OF AZERBAIJAN “ ON STATE AID TO SMALL ENTREPRENEURSHIP”

Milli Majlis of the Republic of Azerbaijan enacts:

I. Article III of the Law of the Republic of Azerbaijan “ On state aid to small entrepreneurship” (collection of legislative acts of the Republic of Azerbaijan, 1999, N8, article 469: 2001, N 12, Article 736, 2002, N 12, Article 709) shall be stated in the following wording:

“ Article 3. Subjects of small entrepreneurship.

1. Subjects of small entrepreneurship are determined on the base of average number of their employees ( excluding seasonal workers) and the volume of annual turnover.

2. The mentioned criteria by sorts of economic activity are limited by relevant executive body”.

II. The present law comes into effect from the day of promulgation.

Ilham Aliyev

President of the Republic of Azerbaijan

The city of Baku, November 4, 2003

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