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4 Draft Laws Passed at May 26 Morning Meeting of National Assembly

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  • 4 Draft Laws Passed at May 26 Morning Meeting of National Assembly

    4 DRAFT LAWS PASSED AT MAY 26 MORNING MEETING OF RA NATIONAL ASSEMBLY


    YEREVAN, MAY 26, NOYAN TAPAN. At the May 26 morning meeting, the RA
    National Assembly passed 4 draft laws debated the day before, 3 of
    which envisage amendments and additions to the laws currently in
    force. In particular, the draft law on making amendments and additions
    to the Law on Road Payments was passed in the second reading, which
    specifies the order of calculating and making payments for driving
    trucks registered in the RA on the motorways. The payment for driving
    trucks registered in Armenia is fixed and shall be collected every
    month. The draft law on making an addition to the Law on Taxes was
    passed in the second reading. It provides that the laws that envisage
    a change in a tax rate or introduce new types of tax and contain
    provisions with stricter conditions for the tax payer shall take
    effect no sooner than 30 days after their publication. This draft will
    come into effect from January 1, 2006.
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