Document from CIS Legislation database © 2003-2020 SojuzPravoInform LLC

LAW OF THE REPUBLIC OF BELARUS

of July 6, 1993 No. 2468-X ІІ

About personalized privatization checks of the Republic of Belarus

(as amended on 04-05-2019)

This Law establishes procedure for issue and the circulation of personalized privatization checks of the Republic of Belarus, their use during non-paid privatization of state-owned property in the Republic of Belarus, the state guarantees to their owners.

Article 1. Personalized privatization check of the Republic of Belarus

The personalized privatization check of the Republic of Belarus * is the government personalized security of the Republic of Belarus issued for the term established by Council of Ministers of the Republic of Belarus in coordination with the President of the Republic of Belarus.

The privatization check is provided with the state-owned property which is subject to voluntary conveyance to citizens of the Republic of Belarus, confirms the right of its owner to share in the privatized state-owned property and expresses the size of this share (quota).

The privatization check according to its purpose has the designation "Housing", "Property" and is issued in the form of the form printed on paper taking into account on bank accounts.

______________________________

* Further - the privatization check.

Article 2. Legislation of the Republic of Belarus on privatization checks

The activities connected with issue, the address and use of privatization checks are regulated by this Law and other legislation of the Republic of Belarus.

Article 3. Right to privatization checks

Privatization checks are received only by citizens of the Republic of Belarus on the amount of checks corresponding to their quota in gratuitously the property transferred by the state.

The citizens of the Republic of Belarus who are constantly living at the time of introduction of this Law in action outside the republic territory if it is not connected with service duties, military service, study or treatment, have no right to privatization checks.

Article 4. Right to acquisition of privatization checks

"Property" all subjects of privatization determined in paragraph three of article 1 of the Law of the Republic of Belarus of January 19, 1993 "About privatization of state-owned property and transformation of the state unitary enterprises to open joint stock companies" have rights to acquisition of privatization checks (Vyarkho¸naga Savet's Vedamastsi of Respubliki Belarus, 1993, No. 7, Art. 41; National register of legal acts of the Republic of Belarus, 2010, No. 184, 2/1724).

"Housing" citizens of the Republic of Belarus and other persons according to the procedure of inheritance or by a court decision, and also in other cases provided by legal acts have rights to acquisition of privatization checks.

Article 5. Realization of the right and acquisition of privatization checks

Citizens of the Republic of Belarus exercise right of possession privatization checks by their obtaining or acquisition according to this Law and other legislation on privatization.

Interests of the minor children limited to capacities of persons and incapacitated citizens on realization of the right and acquisition of privatization checks are represented by their legal representatives (parents, custodians, guardians and other persons).

The procedure for representation and protection of interests of the minor children who are on the state providing during the obtaining and acquisition of privatization checks is determined by the legislation of the Republic of Belarus.

Article 6. Nominal value of the check

The size of share (quota) of the state-owned property falling on each citizen of the Republic of Belarus is expressed by the amount of checks determined according to article 7 of this Law.

Nominal value of one check is determined by Council of Ministers of the Republic of Belarus proceeding from total cost of the privatized state-owned property donated to citizens of the Republic of Belarus, and total quantity of the checks which are due to all citizens of the Republic of Belarus.

In case of revaluation of cost of the state-owned property which is subject to non-paid privatization the cost of the unused privatization check "Property" is indexed in the same proportion.

Article 7. Procedure for determination of the amounts of the checks received by the citizen of the Republic of Belarus

The amount of checks "Property" issued to the citizen of the Republic of Belarus is established depending on its working life and age which are determined at the time of introduction of this Law in action and are supported by the documents.

Privatization checks "Property" are issued to persons:

35 years - 50 checks are more senior;

aged from 30 up to 35 years - 40 checks;

aged from 25 up to 30 years - 30 checks;

aged from 16 up to 25 years - 20 checks;

to disabled people І and ІІ groups of number of the servicemen and owing to general disease (except cases when disability was caused by their illegal actions), and also to disabled people І and ІІ groups since the childhood irrespective of their age - 50 checks;

to disabled people of the Great Patriotic War and equated to them, and also to disabled people owing to labor mutilation or occupational disease irrespective of age - 50 checks;

to parents (one of them) on each child to whom 16 years were not performed, 10 checks, and in case of death or deprivation of the parent rights of one of parents - 30 checks;

on each child who was left without parent guardianship and being in tutorial (reception) family, the house of family type or in child care residential care facility, to his legal representative - 50 checks.

The checks received by citizens depending on working life, in the ratio are added to the amount of checks estimated thus: in one complete calendar year of years of service - one check.

Are in addition charged:

to disabled people of the Great Patriotic War and equated to them, and also to disabled people owing to labor mutilation or occupational disease - 30 checks;

to participants of the Great Patriotic War - 15 checks, and to the citizens and citizens equated to them, unreasonably repressed for the political motives during repressions of the 20-80th years and then rehabilitated - 10 checks;

to owners of deposits in organizations of Savings bank as of January 1, 1991 according to the procedure and the sizes determined by Council of Ministers of the Republic of Belarus.

In case of disputes on duration of working life the amount of the checks received by citizens for indisputable part of years of service is issued to the dispute resolution, other amount is issued following the results of the dispute resolution.

Article 8. Issue of privatization checks

Issue of privatization checks of the Republic of Belarus "Housing" and "Property" is performed by Council of Ministers of the Republic of Belarus one-timely.

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