YEREVAN, DECEMBER 5, NOYAN TAPAN. The RA National Assembly on December 5 passed 17 draft laws and legislative packages discussed the day before. Earlier the adoption of the draft law on medicines in second reading failed, as the required number of deputies - at least 66, did not participate in the vote. Particularly, the parliament adopted in third reading and completely the legislative packages on automobile roads and automobile transport and the draft law on granting tax and compulsory social insurance payment privileges to Charentsavan Machine-Tool Plant OJSC. By the draft law, the company is exempted from its tax and compulsory social insurance payment liabilities as of May 1, 2003 in the amount of its outstanding liabilities of about 635 mln drams (about 1.7 mln USD) as of May 1, 2006 and fines of 562.7 mln drams. The draft's author - the government substantiated the adoption of the draft by the fact that the company has a strategical importance, being the only basic company that repairs armoured and artillery systems and carries out technical servicing in troops. So it is expedient to exempt the company from its debts in order to complete the process of insolvency and liquidation. The draft law on relations between the RA and the Armenian Apostolic Church was passed in first reading, and amendments and additions were made to the RA law on Restoration of the City of Gyumri. The last draft envisages to extend the term of the law's operation until December 31, 2014.

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