Document from CIS Legislation database © 2003-2021 SojuzPravoInform LLC

PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of November 4, 2015 No. 450

About carrying out denomination of official monetary unit of the Republic of Belarus

(as amended of the Presidential decree of the Republic of Belarus of 19.09.2018 No. 380)

For the purpose of enhancement of currency circulation in the Republic of Belarus I decide:

1. Carry out denomination of official monetary unit of the Republic of Belarus since July 1, 2016 and make replacement till December 31, 2016 of the addressing bank notes of sample of 2000 in the form of banknotes on bank notes of sample of 2009 in the form of banknotes and coins in the ratio of 10 000 Belarusian rubles in bank notes of sample of 2000 to 1 Belarusian ruble in bank notes of sample of 2009.

The commemorative banknotes released by National Bank since July 1, 2016 are subject to acceptance in case of all payment types without restrictions in the ratio, specified in part one of this Item.

The commemorative and ingot (investment) coins released by National Bank are subject to acceptance at nominal cost in case of all payment types without restrictions.

2. Determine that:

2.1. it is excluded;

2.2. from July 1 to December 31, 2016 bank notes of sample of 2000 and bank notes of sample of 2009 are in parallel circulation and are obligatory to acceptance in case of all payment types without restrictions in the ratio, specified in Item 1 of this Decree;

2.3. exchange of bank notes of sample of 2000 for the bank notes of sample of 2009 including released as legal means of payment with indication of on them other year of release into the stream of commerce is performed without restrictions and without remuneration collection:

from January 1, 2017 to December 31, 2019 - in National Bank, banks and the non-bank credit and financial organizations of the Republic of Belarus;

from January 1, 2020 to December 31, 2021 - in National Bank;

2.4. from July 1 to December 31, 2016 manufacturers, sellers, suppliers, contractors and their representatives to provision shall specify to information users about the offered goods (works, services) the prices (rates) in bank notes of sample of 2000 and bank notes of sample of 2009.

3. To provide to Council of Ministers of the Republic of Belarus together with National Bank till December 31, 2016 informing the population on the denomination of official monetary unit of the Republic of Belarus which is carried out according to this Decree.

4. To Council of Ministers of the Republic of Belarus to take other measures for implementation of this Decree.

5. To National Bank:

provide release into the stream of commerce of bank notes of sample of 2009 and retirement of bank notes of sample of 2000 taking into account provisions of this Decree;

take other measures for implementation of this Decree.

6. This Decree becomes effective after its official publication.

President of the Republic of Belarus

A. Lukashenko

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

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