110 mln AMD to the MJ for implementation of the Registration of the Secured Rights to the Portable Property

Today, the Government approved the draft about the allocation of money, introduced by the Minister of Justice Hovhannes Manukyan.

The draft states that in the first quarter of 2015, a sum of 110 mln. AMD should be allocated to the RA Ministry of Justice for the introduction of the single registry of registration of secured rights to the portable property at the account of the funds allocated in the RA State Budget 2015 for accumulation funds of the RA Government (economic classification of budgetary expenditure “Intangible fixed assets”).

The decision enters into force from the next day of the official announcement.

Let’s note that the Minister of Justice Hovhannes Manukyan introduces the draft for the second time.

The 12 February Session of the Government the RA Ministry of Justice was recognized as authorized body for registration of secured rights to the portable property provided by the “RA Law on Registration of the Secured Rights to the Portable Property.”

At the same session, as point 8 of the agenda, the RA Minister of Justice Hovhannes Manukyan introduced the draft on recognizing the Authorized Body. This draft clearly defined that adoption of the decision on “Recognizing the Authorized Body” by the RA Government shall not provide the increase or decrease in revenues or expenses in budget of the state or local self government body.

However on the session of 10 March, prior to the beginning of the session, point 36 appeared in the e-gov.am website, which clearly defined that a sum of 110,000,000 AMD from the state budget was needed for the actions that didn’t need any costs on 12 February. This point was withdrawn from the session. On today’s government session the same draft was introduced with another name.  This time Prime-Minister approved it. It means that the Ministry of Justice requests money in the case where the same function is implemented under the budget of the police. In substance the state bodies double finance for the implementation of this function.

Iravaban.net

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