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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of March 9, 2015 No. 179

About approval of the Regulations on procedure, the amounts and terms of return of part of the income created due to management of means of the family capital and unused citizens of means of the family capital in the republican budget

According to Item 5 of the Presidential decree of the Republic of Belarus of December 9, 2014 No. 572 "About additional measures of the state support of the families raising children" Council of Ministers of the Republic of Belarus DECIDES:

1. Approve the enclosed Regulations on procedure, the amounts and terms of return of part of the income created due to management of means of the family capital and unused as citizens of means of the family capital in the republican budget.

2. This resolution becomes effective after its official publication.

Prime Minister of the Republic of Belarus

A. Kobyakov

Approved by the Resolution of Council of Ministers of the Republic of Belarus of March 9, 2015 No. 179

Regulations on procedure, the amounts and terms of return of part of the income created due to management of means of the family capital and unused citizens of means of the family capital in the republican budget

1. This Provision determines procedure, the amounts and terms of return of part of the income created due to management of means of the family capital established by the Presidential decree of the Republic of Belarus of December 9, 2014 No. 572 "About additional measures of the state support of the families raising children" (The national legal Internet portal of the Republic of Belarus, 12.12. 2014, 1/15456), and unused citizens of means of the family capital in the republican budget.

2. The "Development Bank of the Republic of Belarus" open joint stock company after every period of management of means of the family capital annually, since 2034, within six years provides return to the republican budget by transfer via bank transfer in US dollars of the money equivalent to the amounts sent to the special fund created according to Item 12 of the Regulations on one-time provision to families of non-cash in case of the birth, adoption (adoption) of third or the subsequent children approved by the Presidential decree of the Republic of Belarus of December 9, 2014 No. 572 (further - the Provision).

The size of the money which is annually transferred within six years into the republican budget equals to the size of the money equivalent taking into account converting in US dollars to the sums granted by the "Development Bank of the Republic of Belarus" open joint stock company in special fund created due to management of the means of the family capital received respectively in 2015-2020.

Money transfer, specified in part two of this Item, in the republican budget is performed within calendar year by monthly equal shares since the month following after month of adoption in accordance with the established procedure of the decision on profit distribution of "Development Bank of the Republic of Belarus" open joint stock company.

3. In case of approach of the cases specified in Provision Item 18, the local executive and administrative organ at the destination of the family capital within five calendar days after the terms specified in Provision Item 18 in writing notifies on it division of open joint stock company "Belarusbank savings bank in the place of maintaining the deposit account of the citizen opened according to Provision Item 10 and informs on need of return of means of the family capital to the income of the republican budget.

The open joint stock company "Belarusbank savings bank provides from "Development Bank of the Republic of Belarus" open joint stock company of necessary means and no later than the 10th following after month of receipt of the notification and (or) month in which the term established for use of means of the family capital expired performs return of means of the family capital (including returned into deposit accounts (separate deposit accounts) of unused means of the family capital) and the amounts added according to Provision Item 14 of the income of the republican budget. In case of return into deposit accounts (separate deposit accounts) of unused means of the family capital after the term specified in Provision Item 18 parts two, open joint stock company "Belarusbank savings bank performs return of means no later than the 10th following after month of return of means.

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