Movable property worth more than 15,000 manats – WILL BE PURCHASED WITHOUT CASH

The purchase and sale of movable property with a total amount of more than 15 thousand manats will be carried out only in a cashless manner.

It was reflected in the new Article 3.4.16 proposed to the law “On Cashless Settlements”, which was discussed at today’s meeting of the Milli Majlis.

According to the project, payments for the purchase and sale of movable property registered in the official registers (excluding car sales) with a total amount of more than 15 thousand manats will be made only in cashless manner.

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

The bill was put to a vote and adopted in the third reading.