The Law regulates licensing of entrepreneurial activity, lists activities subject to licensing and determines governmental licensing authority, as well as the procedure and grounds for issuing, suspension and revocation of licence. The Law consists of seven Chapters divided into 20 articles dealing with the following matters: general provisions (Chapt. 1); licensing procedure (Chapt. 2); suspension and revocation of licence (Chapt. 3); registration (Chapt. 4); dispute settlement (Chapt. 5); tran