PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of December 10, 2018 No. 474

About the state support for construction (reconstruction) or acquisition of premises

For the purpose of enhancement of legal regulation of provision of the state support for construction (reconstruction) or acquisition of premises:

1. Determine that:

1.1. the right to subsidy for repayment of principal debt on the credits issued by banks on construction (reconstruction) of premises in the amount of 50 percent from the amount of principal debt on the credits is provided:

to orphan children and children without parental support on whom the decision on emancipation is made or which married, to persons from among orphan children and children without parental support;

to the citizens who are employers of the premises of social use of the state housing stock provided to them according to legal acts as to orphan children and children without parental support on whom the decision on emancipation is made or which married, to persons from among orphan children and children without parental support, - during effective period of the terminal agreement of hiring of premises of social use of the state housing stock signed with them;

to citizens as a part of whose families there are handicapped children, and also disabled people since the childhood of I and II groups;

1.2. the needy citizens performing construction (reconstruction) of premises and labor activity in settlements in the territory of the southeast region of the Mogilev region are granted the right to subsidy for payment of part of interest for using the credits issued by banks on construction (reconstruction) of premises in the amount of the refunding rate of National Bank increased by 2 percent points, but no more loan interest rate, established by the credit agreement.

2. Make changes and additions to presidential decrees of the Republic of Belarus (appendix).

3. Action of paragraphs of the eleventh, twelfth and forty second subitem 1. 1, paragraphs of the seventh or ninth subitem 1. 4, subitem 1.5 of Item of 1 appendix extends to the credit agreements signed since July 1, 2015 and also to again signed credit agreements.

Action of paragraphs of the forty sixth - fifty third subitem 1.1 of Item of 1 appendix extends to again signed credit agreements, and to the credit agreements signed from July 1, 2015 to March 1, 2019 - only concerning borrowers.

Action of paragraphs of third, seventh and eighth subitem 1.3 of Item of 1 appendix extends to the credit agreements signed after March 1, 2019 and also to the credit agreements signed before the specified date on condition of the request for receipt of financial aid of the state in debt repayment on soft credits after March 1, 2019.

Action of paragraphs of the fifth and ninth (regarding crediting of persons passing alternative military service) subitem 1.3 of Item of 1 appendix extends to again signed credit agreements, and also credit agreements signed since August 1, 2016 according to which crediting is performed, - from the date of the conclusion of credit agreements.

Action of the paragraph of the eleventh subitem 1.3 of Item of 1 appendix extends to the credit agreements signed since March 1, 2019.

Action of paragraphs of third and fourth subitem 1.6 of Item of 1 appendix does not extend to the large families allocated in separate lists of the large families having of four and more minor children till March 1, 2019.

4. To provide to Council of Ministers of the Republic of Belarus till March 1, 2019 reduction of acts of the legislation in compliance with this Decree and acceptance of other measures for its realization.

5. This Decree becomes effective in the following procedure:

item 4 and this Item - after official publication of this Decree;

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