RESOLUTION OF THE PLENUM OF THE SUPREME COURT OF THE REPUBLIC OF BELARUS

of June 27, 2019 No. 1

About application of the legislation by courts in case of the dispute resolution, arising from loan agreements

Having discussed court practice of the dispute resolution, arising from loan agreements, for the purpose of ensuring the correct and uniform application of the legislation the Plenum of the Supreme Court of the Republic of Belarus DECIDES:

1. Draw the attention of courts that the correct and uniform application of the legislation in case of the dispute resolution, arising from loan agreements, is guarantee of protection of the civil laws and the interests of the parties of loan legal relationship protected by the law, it is designed to promote increase in efficiency of judicial protection of participants of civil circulation and ensuring execution of the obligations by them.

2. Courts need to mean that legal relationship according to the loan agreement are regulated by the Civil code of the Republic of Belarus (further - group of companies), the Decree of the President of the Republic of Belarus of December 21, 2017 No. 8 "About development of digital economy" (further - the Decree No. 8), the Presidential decree of the Republic of Belarus of October 23, 2019 No. 394 "About provision and attraction of loans" (further - the Decree No. 394), the Presidential decree of the Republic of Belarus of May 5, 2006 No. 296 "About streamlining of use of financial resources of the state organizations and economic societies from shares of the state in authorized funds", and also other regulatory legal acts of the Republic of Belarus.

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