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The document ceased to be valid since August 10, 2016 according to Item 2 of the Resolution of the Ministry of Finance of the Republic of Belarus of June 30, 2016 No. 57

THE RESOLUTION OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF BELARUS AND COMMITTEE ON SECURITIES UNDER COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of December 31, 2004 No. 192/22/P

About approval of the instruction about procedure for placement of the government short-term and government long-term bonds of the Republic of Belarus among physical persons

Based on Item 10 of the main conditions of release of the separate government securities of the Republic of Belarus approved by the resolution of Council of Ministers of the Republic of Belarus of February 13, 2003 No. 173, the Ministry of Finance of the Republic of Belarus and Committee on securities under Council of Ministers of the Republic of Belarus POSTANOVLYAYUT:

Approve the enclosed Instruction about procedure for placement of the government short-term and government long-term bonds of the Republic of Belarus among physical persons.

                                           

Minister of Finance of the Republic of Belarus                            

N.P.Korbut                        

The vice-chairman of Committee on securities under Council of Ministers of the Republic of Belarus

V. G. Kulazhenko

It is approved

Board of National Bank of the Republic of Belarus

December 30, 2004

 

 

Approved by the Resolution of the Ministry of Finance of the Republic of Belarus and Committee on securities under Council of Ministers of the Republic of Belarus of December 31, 2004 No. 192/22/P

The instruction about procedure for placement of the government short-term and government long-term bonds of the Republic of Belarus among physical persons

1. This Instruction about procedure for placement of the government short-term and government long-term bonds of the Republic of Belarus among physical persons is developed according to the main conditions of release of separate government securities of the Republic of Belarus approved by the resolution of Council of Ministers of the Republic of Belarus of February 13, 2003 No. 173 (The national register of legal acts of the Republic of Belarus, 2003, No. 22, 5/11958), and determines procedure for placement of the government short-term and government long-term bonds of the Republic of Belarus (further - bonds) among physical persons.

2. Bonds are personalized securities and are issued in paperless form in the form of records on accounts.

3. Physical persons have the right to own, use and dispose of bonds according to the legislation of the Republic of Belarus.

4. Acquisition of bonds by physical persons in case of primary placement, transaction in the secondary market are made through the banks of the Republic of Belarus having special permission (license) for implementation of the professional and exchange activity on securities including the broker activities, the license of National Bank of the Republic of Belarus for attraction in deposits of means of physical persons and also authorized according to the legislation of the Republic of Belarus to perform depositary accounting of these bonds, payment of interest income (according to interest bearing bonds) and their repayment (further - banks).

5. Banks inform physical persons on parameters of bond issues, conditions of payment of interest income (for interest bearing bonds), repayment and other data no later than day of implementation of release.

6. For bonds acquisition physical persons sign with bank the commission agreement or trust management and list via bank transfer from the account of bank deposit (deposit), the current (settlement) account, maps accounts or deposit cash money according to the legislation of the Republic of Belarus.

The cash accounting of the physical persons directed by them to bonds acquisition is performed on the accounts opened by bank for these transactions according to the legislation of the Republic of Belarus.

7. For transfer of bonds physical persons shall open the account of "depot" only in depositary of bank with which the commission agreement or the trust management agreement is signed.

8. The property right to bonds arises from the moment of their transfer into the account of "depot" of physical person in depositary of bank and is confirmed by the statement from this account.

9. In case of response at bank of the license for attraction in deposits of means of physical persons the physical person opens the corresponding accounts in other bank and transfers to them money and bonds.

10. When carrying out transactions with bonds in the secondary market in the order of physical person offers on the direction of the transaction "before repayment" are specified to bank (purchase and sale), type of bonds, I will eat around (number) of bonds, the declared on purchase sale, term before repayment, bank details for transfer of money.

The conclusion of transactions on purchase and sale of bonds through trade system of Belarusian Currency and Stock Exchange open joint stock company is made by bank according to the legislation of the Republic of Belarus.

11. Transfer and write-off of bonds on the account of "depot" of physical person on committed transactions of purchase and sale are made no later than day of implementation of the transaction.

12. Repayment, early repayment and exchange of the bonds acquired by physical persons are performed according to the legislation of the Republic of Belarus and the agreement signed by physical person with bank.

13. Payment of money to physical persons from sale of bonds, and also interest income and (or) nominal value of bonds in case of their repayment is made by bank cash or in the way of transfer into the account opened on its balance and intended for the cash accounting of clients - physical persons, or into the account specified in the order of physical person sale of bonds or in the request for their repayment submitted to depositary of bank (the account of bank deposit (deposit), the current (settlement) account, maps accounts) according to the legislation of the Republic of Belarus.

14. Bear responsibility according to the legislation of the Republic of Belarus for untimely settlings with the physical persons owning bonds, banks and agreements signed between them.

 

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