PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of November 24, 2023 No. 373

About change of the Presidential decree of the Republic of Belarus

For the purpose of simplification of procedure and reducing the period of transfer in the republican income budget from management of means of the family capital I decide:

1. Bring in Item 12 of the Regulations on one-time provision to families of non-cash in case of the birth (adoption, adoption) in 2015-2019 third or the subsequent children, No. approved by the Presidential decree of the Republic of Belarus of December 9, 2014 572, the following changes:

in paragraph five word "capital:" shall be replaced with words "the capital, in the republican budget. The profit sent to the republican budget is exempted from the taxation by the income tax;";

the sixth, seventh, ninth to exclude paragraphs;

in paragraph eight of the word "special fund" shall be replaced with words "the republican budget according to the paragraph the fifth this Item".

2. To "Development Bank of the Republic of Belarus" open joint stock company to transfer funds of the special fund intended for accumulating of part of the income created due to management of means of the family capital according to the Presidential decree of the Republic of Belarus of December 9, 2014 No. 572 "About additional measures of the state support of the families raising children" in the republican budget no later than 10 working days from the effective date of this Decree.

3. To Council of Ministers of the Republic of Belarus in three-months time to take measures for implementation of this Decree.

4. This Decree becomes effective after its official publication.

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