RESOLUTION OF THE STATE COMMITTEE ON PROPERTY OF THE REPUBLIC OF BELARUS

of July 31, 2012 No. 25

About procedure of payments of payments in case of payment by installments of payment of the alienable property which is in property of the Republic of Belarus

Based on subitem 6.14 of Item 6 of the Presidential decree of the Republic of Belarus of July 4, 2012 No. 294 "About procedure for the order state-owned property", parts one of subitem 1.11 of Item 1 of the Decree of the President of the Republic of Belarus of May 7, 2012 No. 6 "About stimulation of business activity in the territory of averages, small residential locations, the rural zone" the State committee on property of the Republic of Belarus DECIDES:

1. Determine that:

1.1. in case of payment of the capital structures (buildings, constructions) which are in property of the Republic of Belarus, including unregistered in accordance with the established procedure, the isolated rooms, parking places, the incomplete preserved capital structures, other real estate, the incomplete not preserved capital structures, shares in the right of common property on them (further - property) sold with payment payment by installments, the size of initial payment shall constitute at least 30 percent of selling price of property taking into account earlier deposited amount of deposit if such is paid;

1.2. the payment due date of initial payment shall not exceed 30 calendar days from the date of the conclusion of the purchase and sale agreement;

1.3. the remained amount is paid with monthly equal shares during the term for which payment by installments, since the month following after month in which the initial payment according to the purchase and sale agreement shall be made is provided;

1.4. the monthly amounts of payment by installments specified in the purchase and sale agreement are indexed proceeding from price indexes of producers of industrial output of technological appointment which are calculated and published by National Statistical Committee of the Republic of Belarus;

1.5. the monthly payment is made within five working days from the date of publication of price indexes of producers of industrial output of technological appointment;

1.6. in case of untimely transfer in the republican budget of means in payment of property the buyer of this property bears responsibility according to the legislation of the Republic of Belarus.

2. Recognize invalid:

the resolution of the State committee on property of the Republic of Belarus of June 8, 2012 No. 18 "About procedure of payments of payments in case of payment by installments of payment of the alienable property which is in property of the Republic of Belarus" (The national legal Internet portal of the Republic of Belarus, 05.07. 2012, 8/26075).

3. This resolution becomes effective after official publication.

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