PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of July 19, 2011 No. 324

About entering of amendments and changes into the Presidential decree of the Republic of Belarus of June 15, 2006 No. 396

For the purpose of further enhancement of legal relationship of the parties in case of shared-equity construction of apartment apartment houses in the Republic of Belarus I decide:

1. Bring in the Presidential decree of the Republic of Belarus of June 15, 2006 No. 396 "About shared-equity construction of apartment apartment houses" (The national register of legal acts of the Republic of Belarus, 2006, No. 93, 1/7676; 2007, No. 83, 1/8471; 2008, No. 30, 1/9412; 2009, No. 161, 1/10848) following amendments and changes:

1.1. in Item 2:

1.1.1. in subitem 2.1:

after the paragraph of the seventh to add the subitem with the paragraph of the following content:

"actual cost of object of shared-equity construction - the project cost of shared-equity construction in current prices on approval date in accordance with the established procedure the acceptance act in operation of the apartment apartment house and other real estate objects taking into account costs of the builder for construction, and also costs of the builder which are not included in summary estimate calculation of construction cost of object of shared-equity construction, but attributable to construction cost, and profits of the builder;";

to consider the paragraph of the eighth the paragraph the ninth;

1.1.2. in subitem 2.2:

add part one with the paragraph the seventh the following content:

"agreements of creation of the objects of shared-equity construction registered in accordance with the established procedure by local executive and administrative organs.";

the second to state part in the following edition:

"The Council of Ministers of the Republic of Belarus has the right to establish the additional requirements imposed to builders.";

in part three:

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