Basis for suspension of license established

16:03 - 22.01.2025


January 22, Fineko/abc.az. A new basis for suspension and revocation of the license is established.

ABC.AZ reports that this is reflected in the Code of Administrative Offences of Azerbaijan, the proposed amendments to the Laws on State Duty and on Licenses & Permits, submitted for discussion in the first reading at today's meeting of the Parliamentary Committee on Economic Policy, Industry & Entrepreneurship.

Currently, the supervisory authority, which identifies cases of non-compliance by the license holder with the requirements of the legislation of Azerbaijan and the terms of the license, must send a submission to the licensing authority on suspension and cancellation of the license. According to the proposed amendment, failure by the license (permit) holder to comply with the instructions of the licensing authority, as well as the relevant supervisory authority, to eliminate violations of the license and permit conditions (art. 25.1.2 of the law) will also create grounds for submitting such a submission.