Payments on confirmatory documents are covered by the Vehicle Recycling Fund. Applicants, upon receiving the confirmatory document, may, at their discretion:
1. Acquire a newly manufactured domestic vehicle at a discount from sellers:
- to obtain the discount, the applicant must present the confirmatory document to the seller for the application of the discount;
- the seller who provides the vehicle at a discount must send a copy of the sale documentation, the confirmatory document, and information about the vehicle to which the confirmatory document was applied (including VIN, chassis, and engine numbers) to the operator within 3 (three) business days;
- the operator will ensure that the corresponding discount amount is transferred from the Vehicle Recycling Fund to the seller’s account within 30 (thirty) business days from the date the documents are submitted.
Note:
If the applied discount amount exceeds the sale value of the vehicle as specified in the contract, the excess portion of the discount will not be paid to the seller.
2. Receive a one-time payment amounting to 70% of the corresponding discount amount:
- the applicant must submit the confirmatory document to the operator at the following address:
"Tamiz Shahar" OJSC Headquarters
AZ1025, Baku, Khojaly Avenue 55, AGA Business Center (11th floor). - the operator will ensure that the one-time payment amount is transferred from the Vehicle Recycling Fund to the applicant's account within 30 (thirty) business days from the date the confirmatory document is submitted, and will provide the applicant with a document confirming the completion of the payment.
Note:
One-time payment amounts for the following types of vehicles are transferred by the operator to the state budget:
- those owned by public legal entities established on behalf of the state, as well as state agencies, enterprises, and organizations;
- vehicles submitted for recycling by the relevant state registration authority, as follows:
- those defined ownerless in accordance with the procedures established by the Civil Procedure Code of the Republic of Azerbaijan;
- those stored in the protected parking lot of the organization designated by the relevant executive authority, if the vehicle owner or any other authorized person has provided a written waiver.