of May 10, 1999 No. 255-Z
About pricing
Accepted by the House of Representatives on April 13, 1999
Approved by Council of the Republic on April 26, 1999
This Law establishes the legal basis of state policy in the field of pricing in the Republic of Belarus, scope of open and regulated pricing, the right, obligation and responsibility of subjects of pricing.
The legislation of the Republic of Belarus on pricing consists of this Law and other acts of the legislation.
Features of pricing in spheres of natural monopolies are determined by the legislation of the Republic of Belarus on natural monopolies.
If international treaties of the Republic of Belarus establish other rules, than those which contain in this Law then are applied rules of international treaties.
For the purposes of this Law the following basic concepts and their determinations are applied:
the price – monetary value of cost of commodity unit;
rate – monetary value of cost of work item, service;
pricing – process on establishment and use of the prices (rates);
free price (rate) – the price (rate) developing under the influence of the demand and supply in the conditions of free competition;
price regulation (rates) – impact on processes of establishment and use of the prices (rates) from the subjects of pricing performing price regulation (rates);
regulated price (rate) – the price (rate) established by the subjects of pricing performing price regulation (rates);
fixed price (rate) – the regulated price (rate) in firmly expressed cash size;
marginal price (rate) – the regulated price (rate) which size is limited upper and (or) lower to limits;
the limiting allowance (discount, markup) – the restriction to the price set by the subjects of pricing performing price regulation (rates);
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