RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of November 24, 2011 No. 537

About modification and amendments in the Instruction about state registration of banks and non-bank credit and financial organizations and licensing of banking activity

Based on Article 26, 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. Bring in the Instruction about state registration of banks and non-bank credit and financial organizations and licensing of banking activity approved by the resolution of Board of National Bank of the Republic of Belarus of June 28, 2001 No. 175 (The national register of legal acts of the Republic of Belarus, 2001, No. 77, 8/6419; 2007, No. 2, 8/15479; 2009, No. 240, 8/21467), following changes and amendment:

1.1. the second Item 6 to state part in the following edition:

"Approval of the name of the newly created (reorganized) bank is made by the vice chairman of the board of National Bank.";

1.2. the second Item 18 to state part in the following edition:

"Approval of the new bank name is made by the vice chairman of the board of National Bank.";

1.3. in Item 25:

in word part one "vice chairman of the board" shall be replaced with words "Board of National Bank";

after part one to add Item with part of the following content:

"The board of National Bank has the right to delegate decision-making power about refusal in state registration of the changes and (or) additions made to constituent documents of bank, to the vice chairman of the board.";

the second or fourth to consider parts respectively parts third or heel.

2. This resolution becomes effective after its official publication.

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