PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of August 7, 2020 No. 301

About stabilization of financial and economic condition of the organizations

(Extraction)

For the purpose of stabilization of financial and economic condition of JSC BATE - managing company of holding of Avtokomponenta and JSC Borisovsky Plant Avtogidrousilitel (further, unless otherwise specified, - joint-stock companies) I decide:

1. Provide to joint-stock companies on the budget loans granted according to presidential decrees of the Republic of Belarus of December 22, 2015 to No. 513 "About stabilization of financial and economic condition of separate industrial bodies" and of May 26, 2016 No. 180 "About stabilization of financial condition of the organizations of holding of Avtokomponenta (further, unless otherwise specified, - budget loans):

delay till December 31, 2022 and payment by installments from January 1, 2023 to December 31, 2032 debt repayments on budget loans, formed on the date of entry into force of this Decree;

delay till December 31, 2027 and payment by installments from January 1, 2028 to December 31, 2038 debt repayments on the interest for using budget loans (further, unless otherwise specified, - percent) added and not paid on the date of entry into force of this Decree;

delay till December 31, 2032 and payment by installments from January 1, 2033 to December 31, 2038 debt repayments on the penalty fee for violation of terms of return of budget loans (further - penalty fee) added and not paid on the date of entry into force of this Decree.

2. For office use.

3. For office use.

4. For office use.

5. For office use.

6. Joint-stock companies provide opening in JSC ASB Belarusbank within one month from the effective date of this Decree of special accounts for accumulation of money in the Russian and Belarusian rubles arriving according to the agreements in foreign trade providing commodity export (works, services) for a period of up to January 1, 2025 (further - special accounts).

Features of opening and functioning of special accounts are determined in appendix.

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