Movable property for over AZN 15,000 can be bought only in noncash form

16:32 - 16.12.2022


December 16, Fineko/abc.az. Purchase and sale of movable property for totally more than AZN 15,000 will be carried out only in cashless form.

ABC.AZ reports that this was reflected in new Article 3.4.16 proposed to the Law on Noncash Payments, discussed at today's Milli Majlis meeting.

If the law is adopted, it will come into force on 1 February 2023.

The bill was put to the vote and adopted in the 1st reading.