RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of June 28, 2023 No. 239

About approval of the Regulations on payment procedure of remunerations to the anti-recessionary managing director in the case of bankruptcy of bank, non-bank credit and financial organization

Based on Item 3 of article 54 of the Law of the Republic of Belarus of December 13, 2022 No. 227-Z "About insolvency settlement", the Board of National Bank of the Republic of Belarus DECIDES: parts one of article 39 of the Bank code of the Republic of Belarus

1. Approve Regulations on payment procedure of remunerations to the anti-recessionary managing director in the case of bankruptcy of bank, the non-bank credit and financial organization it (is applied).

2. This resolution becomes effective since October 1, 2023.

Approved by the Resolution of Board of National Bank of the Republic of Belarus of June 28, 2023 No. 239

Regulations on payment procedure of remunerations to the anti-recessionary managing director in the case of bankruptcy of bank, non-bank-credit and financial organization

1. This Provision determines the bases, conditions, the size, procedure and payment due dates of remunerations to the anti-recessionary managing director (further - the managing director) in the case of bankruptcy of bank, non-bank credit and financial organization (further - bank).

2. The terms "bankruptcy", "debtor", "creditors" are used in the values determined respectively by Items 1, of the 8 and 19 article 1 of the Law of the Republic of Belarus "About insolvency settlement".

3. Are paid to the managing director in the case of bankruptcy of bank:

main remuneration;

remuneration following the results of case on bankruptcy of bank.

4. The main remuneration consists from:

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