PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of October 13, 2006 No. 615

About estimative activities in the Republic of Belarus

For the purpose of regulation of estimative activities, providing the rights and legitimate interests of citizens and legal entities when evaluating cost of objects of the civil laws, respect for economic interests of the Republic of Belarus and its administrative and territorial units:

1. Determine that:

1.1. The president of the Republic of Belarus determines state policy in the field of estimative activities in the Republic of Belarus;

1.2. Council of Ministers of the Republic of Belarus:

realizes state policy in the field of estimative activities, exercises control of activities of republican state bodies in this sphere;

determines evaluation methods of cost of objects of the civil laws when implementing with them certain types of transactions and (or) other legally significant actions according to legal acts if other is not provided by the President of the Republic of Belarus;

1.3. State committee on property:

keeps the state register of appraisers;

represents the interests of the Republic of Belarus in the international organizations for value assessment of objects of the civil laws;

adopts regulatory legal acts in the field of value assessment of objects of the civil laws according to this Decree;

provides interaction and coordination of actions of the republican state bodies and other state organizations subordinated to the Government of the Republic of Belarus in the field of estimative activities;

approves Rules of professional appraiser ethic;

performs other powers in the field of value assessment of objects of the civil laws according to the legislation;

1.3-1. the state register of appraisers is the state information resource and is part of the state information system "State Register of Appraisers" which owner is the State committee on property.

The procedure for use of the specified state information system is determined by Council of Ministers of the Republic of Belarus;

1.3-2. the state register of appraisers includes:

information about the appraisers who received certificates on certification of the appraiser, separately by types of objects of the civil laws;

personal records of appraisers in electronic form;

information on the conclusions about assessment, data from them and electronic copies of these conclusions;

other information determined by Council of Ministers of the Republic of Belarus;

1.3-3. SUE National Cadastral Agency:

is operator of the state information system "State Register of Appraisers" (further - the operator of the state register of appraisers);

performs program and technical maintenance, upgrade of complex of program technical means of the state information system "State Register of Appraisers";

provides information security, and also accomplishment of other requirements of the legislation on information, informatization and information security in the course of accomplishment of the functions specified in paragraphs second and third to this part.

Financing of expenses on accomplishment of the functions specified in part one of this subitem is performed for the account:

the funds of the republican budget allocated for the property relations, cartography and geodesy to the State committee on property;

other sources according to the legislation;

1.4. for evaluating cost of objects of the civil laws individual entrepreneurs or workers of the individual entrepreneur or the legal entity performing estimative activities are subject to certification according to the procedure, determined by Council of Ministers of the Republic of Belarus;

1.5. the independent value assessment of state-owned property for making of transactions with it and (or) other legally significant actions is carried out by the state organizations, the organizations which share of state-owned property in authorized fund constitutes more than 50 percent, the organizations performing estimative activities, and also created by the Belarusian Chamber of Commerce and Industry according to appendix;

1.6. the transactions with objects of the civil laws performed without evaluating their cost which obligation is established by the legislation are considered as invalid;

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