of December 27, 2007 No. 410
About approval of the National accounting standard 31 "Interests in joint ventures" (NSFO 31)
For the purpose of accomplishment of the Main directions of monetary policy of the Republic of Belarus for 2007 approved by the Presidential decree of the Republic of Belarus of November 30, 2006 No. 703, of the Development program of banking sector of economy of the Republic of Belarus for 2006-2010 approved by the Presidential decree of the Republic of Belarus of January 15, 2007 No. 27, and also based on articles 26 and 119 of the Bank code of the Republic of Belarus the Board of directors of National Bank of the Republic of Belarus DECIDES:
1. Approve the enclosed National accounting standard 31 "Interests in joint ventures" (NSFO 31).
2. Declare invalid the resolution of the Board of directors of National Bank of the Republic of Belarus of July 2, 2003 No. 216 "About approval of the National accounting standard 31 "The financial reporting about interests in joint ventures" (NSFO 31) for bank system".
3. This resolution becomes effective since January 1, 2008 and is applied in case of creation of the financial reporting for 2007 and the next years.
Chairman of the board P. P. Prokopovich
Approved by the Resolution of the Board of directors of National Bank of the Republic of Belarus of December 27, 2007, No. 410
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