The Saeima has adopted and the President promulgated the following laws: the amendments to the insurance companies and the supervisory law to make insurance companies and supervision Act (Republic of Latvia Saeima and the Cabinet of Ministers rapporteur, 1998, no. 15; 1999, no. 10; 2000, no. 13; 2002; 2003, 12 No No 9; 2004, nr. 2, 14, 2, 14; 2005. No; 2006, nr. 1; 2007, 15. no; 2008, 13. 15. No.) the following amendments: 1. Supplement article 99 with the fifth paragraph as follows: "(5) the financial and capital market Commission of administrative acts issued in accordance with this law, you can appeal to the administrative court. The court case as a Court of first instance. The case is being heard in the three judges. Administrative District Court judgment may be appealed by submitting appeals. "
2. Add to the transitional provisions of paragraph 29 with the following: "29. If the application for the financial and capital market Commission administrative Administrative District Court filed before January 1, 2009, the decision on the application shall be adopted, as well as the appearance of the proposed administrative and judicial decision in this case and adopted an administrative procedure under the provisions of the Act. "
The law shall enter into force on 1 January 2009.
The Parliament adopted the law in 2008 on October 23.
President Valdis Zatlers in Riga V 2008 November 7 Editorial Note: the law shall enter into force by 1 January 2009.