of November 23, 2015 No. 471
About questions of financing under concession of monetary claim (factoring)
For the purpose of enhancement of legal regulation of financing under concession of monetary claim (factoring) in the Republic of Belarus I decide:
2. Bring in Item 1 of the Presidential decree of the Republic of Belarus of March 27, 2008 No. 178 "About procedure for carrying out and control of the foreign trade transactions" (The national register of legal acts of the Republic of Belarus, 2008, No. 80, 1/9574; 2009, No. 53, 1/10496) following changes and amendment:
in subitem 1.6.5:
state paragraph two in the following edition:
"in paragraphs the second, fourth or sixth, - date of cash write-off from bank account, and also from the account of the non-bank credit and financial organization in case, the established in paragraph six;";
in paragraph four "pole" to replace the word with the word "seventh";
in paragraph five of subitem 1.7 of the word" (less discount)" shall be replaced with words "(less discount if this type of remuneration is provided by the agreement)";
in subitem 1.10:
after the paragraph of the fifth to add with the paragraph of the following content:
"by execution by bank (the non-bank credit and financial organization) of obligations as a result of factoring transaction or under the agreement of financing under concession of monetary claim (the agreement of factoring) according to which obligation fulfillment according to the agreements in foreign trade providing import is performed;";
to consider the paragraph of the sixth the paragraph the seventh.
provide reduction of acts of the legislation in compliance with this Decree;
take other measures for its realization.
Item 3 - after official publication of this Decree;
other provisions of this Decree - in six months after its official publication.
President of the Republic of Belarus
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.