Law No. 1052-VIQ on valuation.
Country
Type of law
Legislation
Abstract
This Law lays down rules for valuation activities to be carried out in the following areas: (i) valuation of movable property (machinery and equipment, vehicles, animals and plants, etc.); (ii) valuation of real estate, including land plots; (iii) valuation of movable and immovable cultural heritage samples, cultural assets, historical, cultural and natural monuments; (iv) valuation of enterprises; (v) valuation of intangible property assets (objects of intellectual property rights as well as claims and rights); (vi) valuation of payables and other obligations, receivables, material reserves and other assets; (vii) valuation of natural resources; (viii) valuation of losses, lost profits and risks; (ix) valuation of services; and (x) valuation of other objects.
Attached files
Web site
Date of text
Entry into force notes
This Law shall enter into force on 1 July 2024, except for Articles 4, 6, 8.2 and 27. Articles 4, 6 and 27 of this Law shall enter into force on the date of publication of this Law, and Article 8.2 shall enter into force on 1 July 2027.
Repealed
No
Source language
English
Legislation Amendment
No
Original title
Qiymətləndirmə fəaliyyəti haqqında Azərbaycan Respublikasının Qanunu № 1052-VIQ.