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Armenia (105,001) > Banking, finance, insurance workers (301)

Name: Law No.HO-202-N of 20 October 2016 "On Financial Equalization".
Country: Armenia
Subject(s): Economic and social policy; Banking, finance, insurance workers
Type of legislation: Law, Act
Adopted on: 2016-10-20
Entry into force:
ISN: ARM-2016-L-104558
Bibliography: legislation on-line legislation on-line Armenian Legal Information System ARLIS, Armenia PDF in Armenian PDF in Armenian (consulted on 2017-06-18)
Abstract/Citation: The Law introduces the concept of financial equalization, explains its principles; also regulates the procedure of providing communities with dotation by the principles of equalization of the budgets. The Law establishes, inter alia, the structure of dotation, the calculation procedure of its constituent parts, the coefficients of community fiscal and income capacities, of the regulation of community expenditure needs; also the calculation procedure of expenditure factors of community location height, age of inhabitants.
Repeals the previous law No.HO-262 of 24 November 1998 "On Financial Equalization".

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