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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of July 19, 2016 No. 563

About measures for implementation of the Decree of the President of the Republic of Belarus of August 6, 2009 No. 10

(In edition of the Resolution of Council of Ministers of the Republic of Belarus of 25.05.2018 No. 398)

According to the Decree of the President of the Republic of Belarus of November 12, 2015 "About modification and amendments in the Decree of the President of the Republic of Belarus" the Council of Ministers of the Republic of Belarus DECIDES: No. 8

1. Approve enclosed:

Regulations on procedure for the conclusion, change and termination of investment contracts between investor (investors) and Republic of Belarus;

Regulations on tender at the choice of the investor (investors) for the conclusion of the investment contract between the investor (investors) and the Republic of Belarus;

Regulations on procedure for maintaining the State register of investment contracts with the Republic of Belarus;

Regulations on procedure for coordination of the inventory (works, services), the property rights acquired in the territory of the Republic of Belarus (imported on the territory of the Republic of Belarus) and used for construction equipment of the objects provided by the investment contract between the investor (investors) and the Republic of Belarus;

Regulations on procedure for compensation, release from compensation, provision of payment by installments (delay) of compensation to the Republic of Belarus and its administrative and territorial units of the amounts of privileges and (or) preferences, exemptions, provisions of payment by installments (delay) of payment of the penalty (penalty, penalty fee) provided by the investment contract between the investor (investors) and the Republic of Belarus.

2. Grant to the following republican state bodies the right to explain questions of application of the Decree of the President of the Republic of Belarus of August 6, 2009 to No. 10 "About creation of additional terms for implementation of investments in the Republic of Belarus" (The national register of legal acts of the Republic of Belarus, 2009, No. 188, 1/10912) and this resolution:

To the Ministry of Economics - regarding questions of the conclusion, change, termination of investment contracts between the investor (investors) and the Republic of Belarus (further - investment agreements), maintaining the State register of investment contracts with the Republic of Belarus, carrying out tender at the choice of the investor (investors) for the conclusion of the investment agreement, compensation, release from compensation, provision of payment by installments (delay) of compensation to the Republic of Belarus and its administrative and territorial units of the amounts of privileges and (or) preferences, exemptions, provisions of payment by installments (delay) of payment of the penalty (penalty, penalty fee) provided by the investment agreement;

To the State Customs Committee - regarding the questions relating to the sphere of customs regulation;

To the Ministry of Taxes and Tax Collection - regarding the questions relating to the sphere of the taxation;

To the state committee on property - regarding the questions relating to the sphere of land relations, and also procedure for sale of not preserved object which is not finished by construction from the public biddings;

To the Ministry of Architecture - regarding the questions relating to the sphere of architectural and construction activities;

To the Ministry of Natural Resources and Environmental Protection - regarding questions of environmental protection and rational use of natural resources.

3. The republican state bodies, other state organizations subordinated to the Government of the Republic of Belarus, Administration of the President of the Republic of Belarus regional (The Minsk city) the executive committees which signed investment contracts quarterly to the 20th following the accounting period provide in the Ministry of Economics information on the course of implementation of investment projects within investment agreements and accomplishment of conditions of investment agreements by the parties.

4. The Ministry of Economics quarterly to the 30th following the accounting period sends to Council of Ministers of the Republic of Belarus, the State Control Committee, the State Customs Committee information on the course of implementation of investment projects within investment agreements and accomplishment of conditions of investment agreements by the parties.

5. Determine that action of the paragraph of the nineteenth of part one of Item 6 of the Regulations on procedure for maintaining the State register of investment contracts with the Republic of Belarus approved by this resolution extends to investment agreements, the decision on which termination is made not earlier than May 15, 2016.

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