PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of November 29, 2012 No. 535

About modification and amendments in the Presidential decree of the Republic of Belarus of September 24, 2009 No. 465

1. Bring in Item 1 of the Presidential decree of the Republic of Belarus of September 24, 2009 No. 465 "About some questions of enhancement of leasing activities in the Republic of Belarus" (The national register of legal acts of the Republic of Belarus, 2009, No. 235, 1/10990) the following changes and amendment:

1.1. in subitem 1.2:

exclude part one;

the second or fourth to consider parts respectively parts of first or third;

in part one:

after the words "the goods which are subjects of agreements of international leasing" to add with words "(further - leasing objects)";

the words "customs regime of free circulation" shall be replaced with words "customs procedure of release for internal consumption";

words of "customs duties" to exclude;

from word part three of "import customs duty" to exclude;

1.2. state subitem 1.3 in the following edition:

"1.3. in case of termination of the contract of international leasing (including in connection with its termination) the lessor shall provide return of subject of leasing or the termination in cash or non-cash form of the obligations arising in connection with transfer of subject of leasing to the leasing recipient - to the nonresident of the Republic of Belarus if other is not established in parts three and the eleventh this subitem.

At the same time methods of non-cash discharge are determined by Council of Ministers of the Republic of Belarus together with National Bank.

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