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RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of April 15, 2020 No. 121

About change of resolutions of Board of National Bank of the Republic of Belarus concerning microfinancial activities

Based on the paragraph of the third item 4 of the Presidential decree of the Republic of Belarus of October 23, 2019 No. 394 "About provision and attraction of loans", the paragraph of third of part one and part two of Item 5, parts one of article 39 of the Bank code of the Republic of Belarus the Board of National Bank of the Republic of Belarus DECIDES: parts two of Item 19 of the Regulations on procedure of microfinancial activities approved by the Presidential decree of the Republic of Belarus of October 23, 2019 No. 394, of the paragraph of the fourth of Article 4, of Article 7, of Article part one 9, of Article 11, of parts two and the fourth article 13 of the Law of the Republic of Belarus of November 10, 2008 No. 441-Z "About credit stories"

1. Make changes to the following resolutions of Board of National Bank of the Republic of Belarus:

1.1. in the resolution of Board of National Bank of the Republic of Belarus of December 23, 2014 No. 805 "About some questions of activities of the non-profit microfinancial organizations created in form of business of consumer cooperative":

state preamble in the following edition:

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