RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of August 9, 2016 No. 432

About entering of amendments and changes into Rules of implementation of leasing activities

Based on the paragraph of the forty eighth of Article 26 and part one of article 39 of the Bank code of the Republic of Belarus the Board of National Bank of the Republic of Belarus DECIDES:

1. Bring in the Rules of implementation of leasing activities approved by the resolution of Board of National Bank of the Republic of Belarus of August 18, 2014 No. 526 (The national legal Internet portal of the Republic of Belarus, 02.09. 2014, 8/29069), following amendments and changes:

1.1. in Item 2:

in part one:

in the paragraph the second:

after the words "established by the agreement of leasing" to add with the words "and paid out of leasing payments";

to exclude the word of "general";

shall be replaced with words the words "compensating leasing subject cost" "fully or partially refunding investment expenses of the lessor taking into account which the leasing subject cost is determined";

word in paragraph three "the costs included in the cost of subject of leasing and connected" and "not included in cost" to replace respectively with words "costs taking into account which the cost of subject of leasing is determined and which are connected" and "not considered in case of cost determination";

add Item with part three of the following content:

"The term "document in electronic form" is used in the value determined by the resolution of Board of National Bank of the Republic of Belarus of May 6, 2016 No. 241 "About some measures for implementation of the Presidential decree of the Republic of Belarus of December 1, 2015 No. 478" (The national legal Internet portal of the Republic of Belarus, 15.07. 2016, 8/31090).";

1.2. to add subitem 4.3 of item 4 after the words "returnable leasing-" with the words "financial or operational";

1.3. exclude Items 7 and 8;

1.4. in Item 10:

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