The agreement between the Government of the Russian Federation and the Government of the Republic of Byelorussia on cooperation and mutual aid in the field of fight against illegal financial transactions, and also the financial transactions connected with legalization (washing) of income gained in the illegal way

of February 12, 1999

The government of the Russian Federation and the Government of the Republic of Byelorussia which are hereinafter referred to as with the Parties

being guided by the national legal system and the international obligations of the states,

attaching importance to efforts of the international community on fight against illegal financial transactions, and also the financial transactions connected with legalization (washing) of income gained in the illegal way

proceeding from mutual interest in adjustment of effective cooperation between the competent authorities combating illegal financial transactions, and also the financial transactions connected with legalization (washing) of income gained in the illegal way

agreed as follows:

Article 1. Determinations

For the purposes of this agreement the used concepts mean the following:

"illegal financial transactions" - transactions and other actions of physical persons and legal entities, residents and nonresidents with money, securities and payment documents, irrespective of form and method of their implementation, directed to the establishment, change or the termination of the related civil laws and obligations made with the violation of the national legal system of each of the Parties involving criminal, administrative or civil liability;

"income gained in the illegal way" - things, including money and securities, personal and real estate, property rights, works and services, results of intellectual activities, including exclusive rights for them (intellectual property), other objects of the civil laws acquired as a result of violation of the national legal system of each of the Parties involving criminal, administrative or civil liability;

"legalization (washing) of income gained in the illegal way" giving of lawful type to ownership, use or the order of income gained in the illegal way;

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