of March 3, 2014 No. 108
About amounts and sources of financing in 2014 of purchase of modern agricultural machinery and the equipment
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:
1. Determine that in 2014:
1.1. financing of 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), is performed at the expense of sources and in amounts according to appendix 1;
1.2. purchase and financing of modern agricultural machinery and the equipment in amounts according to appendix 2 are performed by the organizations which in 2014 are granted the loans of banks for purchase of modern agricultural machinery and the equipment according to appendix 3 for a period of up to July 1, 2022 with their repayment since January 1, 2015 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 of modern agricultural machinery and the equipment on the terms of finance lease (leasing) shall correspond to loan granting term;
1.3. in the absence of other forms of ensuring obligation fulfillment on repayment of the credits issued to the organizations according to subitem 1.2 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 according to appendix 3 to this Decree 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.
The payment for provision of guarantees for the Government of the Republic of Belarus on the credits issued to the organizations according to subitem 1.2 of this Item is made one-timely in the amount of percent 0,01 from credit amount.
2. Compensation of losses to banks on the credits issued according to subitem 1.2 of Item 1 of this Decree is performed monthly at the expense of the means of the republican budget provided on other questions 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 3 percent points, and to "Development Bank of the Republic of Belarus" open joint stock company - in the amount of annual interest rate 7,5.
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