Document from CIS Legislation database © 2003-2019 SojuzPravoInform LLC

PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of February 1, 2018 No. 45

About creation of open joint stock company

For the purpose of development and enhancement of the organization of cash circulation, services of collection, transportation, storage of cash and other values, cash transactions I decide:

1. To National Bank till March 1, 2018 to act as the founder of open joint stock company "The non-bank credit and financial organization "Belinkasgroup" (further - JSC Belinkasgroup), JSC ASB Belarusbank created with participation and JSC Belagroprombank, from shares of National Bank is at least percent 25,5.

Bring in authorized capital of JSC Belinkasgroup money deposit and non-cash contribution in the form of the property which is in property of the Republic of Belarus and assigned to National Bank on the right of operational management including real estate units according to appendix 1, for the total amount no more than 55 million Belarusian rubles.

To refer residual cost of the property brought in the form of non-cash contribution to authorized capital of JSC Belinkasgroup, and also realized by National Bank for the purpose of ensuring accomplishment of tasks of JSC Belinkasgroup on expenses of National Bank over the means provided by the estimate of current expenses and capital investments of National Bank of year in which it will be brought the specified property (is implemented).

The property value assessment for the purposes of introduction in the form of non-cash contribution to authorized capital of JSC Belinkasgroup is valid within 12 months from the date of assessment.

2. Determine that JSC Belinkasgroup:

2.1. for the purpose of rendering assistance to National Bank in the organization of cash circulation and requirements satisfaction of bank system of the Republic of Belarus, subjects of managing in services of collection, transportation and storage of cash and other values, cash transactions:

being remote storage agent in cash and other values of National Bank, performs on contractual basis remote storage of cash and other values of National Bank;

has the right to perform remote storage of cash and other values of banks and non-bank credit and financial organizations;

performs delivery of cash and other values to the clients of banks and non-bank credit and financial organizations who do not have the account in JSC Belinkasgroup;

transports cash and other values between structural divisions of the client of bank and the non-bank credit and financial organization.

The procedure for the organization of work on remote storage of cash and other values of National Bank, banks and the non-bank credit and financial organizations is determined by National Bank;

______________________________

* For the purposes of this Decree remote storage is understood as use by National Bank, banks and non-bank credit and financial organizations of storages of JSC Belinkasgroup for storage of cash and other values with their reflection on the balance sheet accounts and with possibility of the order them at the request of National Bank, banks and the non-bank credit and financial organizations:

about storage of cash and other values;

about opening of packagings with cash and other values;

about recalculation, forming and packaging of cash and other values;

about transportation of cash and other values;

about delivery to clients of banks, non-bank credit and financial organizations of cash and other values.

2.2. has the right to allocate the money deposited by founders as money deposit in authorized capital for acquisition of the equipment, vehicles, other fixed assets, and also goods, works (services) necessary for ensuring the activities;

2.3. for the purpose of stores organization of cash and other values has the right to perform operation in the activities of the real estate objects brought as non-cash contribution to its authorized capital and leased to it.

3. For ensuring accomplishment of the tasks assigned to JSC Belinkasgroup:

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