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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of April 25, 2015 No. 336

About compensation in 2015 of part of interest for using bank loan

According to subitem 1.1 of Item 1 of article 18 of the Law of the Republic of Belarus of December 30, 2014 "About the republican budget for 2015" and the Presidential decree of the Republic of Belarus of March 28, 2006 "About enhancement of legal regulation of procedure for rendering the state support to legal entities and individual entrepreneurs" the Council of Ministers of the Republic of Belarus DECIDES: No. 182

1. Compensate in 2015 to Kamvol open joint stock company (further - JSC Kamvol) at the expense of the means of the republican budget provided on other questions in the field of the industry, constructions and architecture, part of interest for using the bank loan granted by open joint stock company "Belarusbank savings bank according to the credit agreement of February 14, 2013 to No. 5240030213 in the amount 3, in 5 million US dollars in the amount of 25 percent of rate on this credit with compensation in Belarusian rubles on the official rate of National Bank established for date of compensation of percent.

2. Determine that:

2.1. conditions of compensation of part of interest for using bank loan according to Item 1 of this resolution is accomplishment of JSC Kamvol of the condition established in subitem 3.1 of Item 3 of the resolution of Council of Ministers of the Republic of Belarus of January 24, 2013 No. 56 "About some questions of Kamvol open joint stock company (The national legal Internet portal of the Republic of Belarus, 30.01.2013, 5/36823), and achievement of the indicator on growth rates of labor productivity finished in accordance with the established procedure;

2.2. the funds received according to Item 1 of this resolution are allocated by JSC Kamvol for replenishment of current assets.

3. Confer the personal responsibility for target use of means according to subitem 2.2 of Item 2 of this resolution, and also for achievement of the indicator on growth rates of labor productivity finished in accordance with the established procedure on the CEO of JSC Kamvol, the chairman of the Belarusian state concern on production and sales of goods of light industry and the Deputy prime minister of the Republic of Belarus according to distribution of obligations.

4. To provide to the Belarusian state concern on production and sales of goods of light industry together with the State committee on property in 2016 increase in share of the Republic of Belarus in authorized capital of JSC Kamvol at compensation amount of part of interest for using bank loan according to Item 1 of this resolution.

5. This resolution becomes effective from the date of its acceptance.

Prime Minister of the Republic of Belarus

A. Kobyakov

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