PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of October 10, 2017 No. 371

About the Belarusian interbank settlement center

For the purpose of ensuring development of information technologies regarding development, support and operation of the automated system of interbank calculations, and also the automated information systems of National Bank I decide:

1. To National Bank till January 1, 2018 to act as the cofounder of "Belarusian Interbank Settlement Center" open joint stock company from shares at least 99 percent and to make in its authorized capital money deposit and non-cash contribution in the form of the property which is in republican property and operational management of National Bank including real estate units according to appendix, for total amount no more 67, of 99 million Belarusian rubles.

To refer residual cost of the property brought in the form of non-cash contribution to authorized capital of "Belarusian Interbank Settlement Center" open joint stock company on expenses of National Bank over the means provided by the estimate of current expenses and capital investments of National Bank for 2017.

2. Determine that:

2.1. National Bank:

is the owner of the automated system of interbank calculations (further – the EXPERT of MBR);

the EXPERT of MBR will organize functioning and determines procedure for carrying out interbank calculations;

2.2. "Belarusian Interbank Settlement Center" open joint stock company according to the requirements established by National Bank:

the EXPERT of MBR providing development, maintenance, operation, functioning, reliable and smooth operation the EXPERT of MBR performs functions of the technical operator;

provides development, maintenance, operation and functioning of the automated information systems of National Bank;

provides functioning of system of centralized exchange of interbank correspondence;

renders to National Bank services in provision of program and technical infrastructure.

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