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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of June 23, 2020 No. 359

About change of the resolution of Council of Ministers of the Republic of Belarus of December 29, 2006 No. 1750

Based on Item paragraph two 12, parts six of subitem 56.2 of Item 56 of the Regulations on insurance activity in the Republic of Belarus approved by the Presidential decree of the Republic of Belarus of August 25, 2006 No. 530, Council of Ministers of the Republic of Belarus DECIDES:

1. Bring in the resolution of Council of Ministers of the Republic of Belarus of December 29, 2006 No. 1750 "About approval of the Regulations on procedure of investments and investment of funds of insurance reserves by insurance companies" the following changes:

1.1. state the name in the following edition:

"About implementation of investments and investment of funds of insurance reserves by insurance companies";

1.2. state preamble in the following edition:

"Based on Item paragraph two 12, parts six of subitem 56.2 of Item 56 of the Regulations on insurance activity in the Republic of Belarus approved by the Presidential decree of the Republic of Belarus of August 25, 2006 No. 530, Council of Ministers of the Republic of Belarus DECIDES:";

1.3. in Item 1:

exclude the word "enclosed";

add Item with the word "(is applied)";

1.4. in Regulations on the procedure of investments and investment of funds of insurance reserves by insurance companies approved by this resolution:

from Item 1 of the word", developed according to part six of subitem 56.2 of Item 56 of the Regulations on insurance activity in the Republic of Belarus approved by the Presidential decree of the Republic of Belarus of August 25, 2006 No. 530 "About insurance activity" (The national register of legal acts of the Republic of Belarus, 2006, No. 143, 1/7866; National legal Internet portal of the Republic of Belarus, 19.04. 2014, 1/14942)," to exclude;

in Item 3:

state paragraph two in the following edition:

"to the types of insurance relating to life insurance - on the amount:";

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