RA NA SPECIAL SITTING CONVENED ON DEPUTIES’ INITIATIVE OPENS
Noyan Tapan
Ma y 26, 2008
YEREVAN, MAY 26, NOYAN TAPAN. The RA National Assembly, at the special
sitting convened on May 26 on deputies initiative adopted the 13
bills and legislative packages discussed on May 22, the last day of
the regular four-day session. Packages of bills On Fighting Money
Laundering and Financing of Terrorism, On Asset Securitization and
on Securities Provided with Assets and the bill On National Debt were
adopted in the third reading and completely. The latter, in particular,
stipulated that as of December 31 of the given year the national debt
should not exceed 60% of GDP of the previous year in RA.
The package of bills On Peculiarities of Administrative Examination
On Cases of Violations of Traffic Rules Revealed with Videoing or
Photographing Devices was adopted in the second reading, as well
as amendments and addenda were made to a number of valid laws and
codes in the first and second readings. In particular, according to
the amendments made to the valid law On Approving Annual and Complex
Programs of Restoration, Preservation, Reproduction, and Use of Lake
Sevan’s Ecosystem, the maximum annual amount of water outlet from Lake
Sevan for the purpose of irrigation is set 285 million sq.m. instead
of the current 170 million sq.m.
The parliament also ratified the agreement On Administrative Mutual
Assistance between the RA Government and Georgian Government signed
on October 15, 2007 in Yerevan.
From: Baghdasarian