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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of December 4, 2015 No. 1011

About compensation in 2015 of part of interest for using bank loan and modification of the resolution of Council of Ministers of the Republic of Belarus of May 8, 2012 No. 423

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", subitem 1.3.4 of Item 1 of 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" and subitem 9.2 of Item 9 of the Presidential decree of the Republic of Belarus of July 17, 2014 No. 347 "About the state agrarian policy" the Council of Ministers of the Republic of Belarus DECIDES: No. 182

1. Compensate in 2015 to the republican agricultural unitary enterprise "Experimental base "Krinichnaya" (further - RSUP "Experimental base "Krinichnaya") at the expense of the means provided in the republican budget on other questions in the field of agricultural industry, part of the added for December, 2014, and also from January 1 to October 31, 2015 inclusive and paid interests for use of the bank loan granted by Belagroprombank open joint stock company for reconstruction of molochnotovarny farm within implementation of the Republican development program of the dairy industry in 2010-2015 approved by the resolution of Council of Ministers of the Republic of Belarus of November 12, 2010 No. 1678 "About measures for implementation of the Republican development program of dairy industry in 2010-2015" (The national register of legal acts of the Republic of Belarus, 2010, No. 279, 5/32869), according to the credit agreement of June 29, 2012 No. 110 in the amount 6849, 3 million rubles according to the paragraph the second Item 1 of the resolution of Council of Ministers of the Republic of Belarus of May 8, 2012 No. 423 "About some questions of financing of construction and reconstruction of molochnotovarny farms", in the amount of 50 percent of the refunding rate of National Bank established for date of compensation of percent, reduced by 2,25 of percent point.

The means received by RSUP "Experimental base "Krinichnaya" according to part one of this Item are used by it in 2015-2016 for replenishment of own current assets.

2. Determine that condition of rendering RSUP "The experimental base "Krinichnaya" of the state support provided in Item 1 of this resolution is accomplishment it in 2015 indicators on growth rates of labor productivity and profitability of the sales established according to the business plan of its development.

3. Recommend to the Gomel regional executive committee to make in the procedure established by the legislation the decision on rendering the state support in the form of compensation in 2015 of RSUP "Experimental base "Krinichnaya" at the expense of means of the regional budget of part of the added from August 1, 2014 to October 31, 2015 inclusive and paid interests for use of the bank loan granted by Belagroprombank open joint stock company according to the credit agreement of June 29, 2012 to No. 110 in the amount 6849, in 3 million rubles in the amount of 50 percent of the refunding rate of National Bank established for date of compensation of percent, reduced by 2,25 of percent point.

4. Confer the personal responsibility for accomplishment of the indicators specified in Item 2 of this resolution on the head of RSUP "Experimental base "Krinichnaya", the Minister of Agriculture and Food and the Deputy prime minister of the Republic of Belarus under whose authority questions of agro-industrial complex are.

5. "About some questions of financing of construction and reconstruction of molochnotovarny farms" to state paragraph two of Item 1 of the resolution of Council of Ministers of the Republic of Belarus of May 8, 2012 to No. 423 in the following edition:

"Belagroprombank open joint stock company according to appendix 1 in the amount of 690 200 million rubles with interest payment for use of the credits in the amount of the refunding rate of National Bank increased no more than by 3 percent points. When rendering the state support in type of compensation of losses of bank interest payment is performed in the amount of the refunding rate of National Bank increased no more than by 3 percent points, reduced by the amount of compensation according to this paragraph. Compensation to agricultural organizations of part of interest for using these credits (compensation of losses to bank) in the amount of the refunding rate of National Bank reduced by 4,5 of percent point will be made according to acts of the legislation in equal shares at the expense of means republican and the local budgets provided on these purposes. Compensation to the power supplying organizations being part of the national production association of power industry of Belenergo, part of interest for using these credits will be made according to acts of the legislation at the expense of means of the republican budget;".

6. To impose control over the implementation of this resolution on the Ministry of Agriculture and Food.

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

Prime Minister of the Republic of Belarus

A. Kobyakov

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