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PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of January 4, 2012 No. 1

About amounts and sources of financing in 2012 of the Republican program of equipment by the modern machinery and equipment of the organizations of agro-industrial complex, construction, repair, upgrade of production facilities of these organizations for 2011-2015

(as amended on 17-07-2014)

For the purpose of providing the organizations of agro-industrial complex with the modern machinery and equipment, construction, repair and upgrade of production facilities of these organizations I decide:

1. Determine for 2012-2015 customers when carrying out purchases of the modern machinery and equipment within the Republican program of equipment by the modern machinery and equipment of the organizations of agro-industrial complex, construction, repair, the upgrade of production facilities of these organizations for 2011-2015 approved by the Presidential decree of the Republic of Belarus of January 24, 2011 No. 35 (The national register of legal acts of the Republic of Belarus, 2011, No. 12, 1/12321), republican consolidation Belagroservice, national association on land reclamation, water and to fishery Belvodkhoz, regional municipal unitary production trade enterprise "Brestoblagroservice", Vitebsk Regional Agroservice, Gomelyoblagroservice and Minskoblagroservice open joint stock companies, the Grodno unitary enterprise "Oblselkhoztekhnika" and holding in the form of Agromashservice open joint stock company, Mogilev.

2. Determine that in 2012:

2.1. financing of the Republican program of equipment by the modern machinery and equipment of the organizations of agro-industrial complex, construction, repair, upgrade of production facilities of these organizations for 2011-2015 is performed at the expense of sources and in amounts according to appendix 1;

2.2. purchase and financing of the modern machinery and equipment in amounts according to appendix 2 are performed by the organizations which are granted the loans of banks for purchase of the modern machinery and equipment according to appendix 3 for a period of up to July 1, 2020 with their repayment since January 1, 2013 without interest payment for use of them for the purpose of the subsequent transfer of such machinery and equipment to the organizations of agro-industrial complex on the terms of finance lease (leasing). The term of transfer specified the machinery and equipment on the terms of finance lease (leasing) shall correspond to loan granting term;

2.3. compensation to banks of percent on the credits issued according to subitem 2.2 of this Item is performed at the expense of the means of the republican budget provided on other expenses in the field of agricultural industry in the amount of the refunding rate of National Bank which developed (taking into account its change) in the accounting period, increased no more than by 5 percent points of margin based on the data on the amounts of the added interest for using the credits provided by the organizations borrowers and approved with banks;

2.4. in the absence of other forms of ensuring obligation fulfillment on repayment of the credits issued to the organizations according to subitem 2.2 of this Item guarantees of the Government of the Republic of Belarus and regional executive committees without the debt on payments which is available for the organizations in the republican budget, local budgets and budgets of state non-budgetary funds, pending obligations for earlier granted loans (credits) including issued under guarantees of the Government of the Republic of Belarus, local executive and administrative organs, and also pending obligations on the performed guarantees of the Government of the Republic of Belarus, local executive and administrative organs, budget advances, the budget loans or such obligations fulfilled at the expense of budgetary funds can be provided.

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