RESOLUTION OF COUNCIL OF MINISTERS OF THE UNION STATE

of October 8, 2001 No. 27

About Regulations on procedure for provision of means on returnable and paid basis to legal entities of the State Parties of the Union State from the budget of the Union State

The Council of Ministers of the Union State decides:

1. Approve Regulations on procedure for provision of means on returnable and paid basis to legal entities of gosudarstvuchastnik of the Union State from the budget of the Union State it (is applied).

Before formation of financial body of the Union State of its function according to the specified Provision to assign to Standing Committee of the Union State.

2. This resolution becomes effective from the date of its signing.

Approved by the resolution of Council of Ministers of the Union State of October 8, 2001 No. 27

Regulations on procedure for provision of means on returnable and paid basis to legal entities of the State Parties of the Union State from the budget of the Union State

General provisions

1. This provision is developed according to regulatory legal acts of the Union State, and also the Republic of Belarus and the Russian Federation (further - the State Parties of the Union State) and establishes procedure for provision from the budget of the Union State of means on returnable and paid basis, their use and return.

2. Budget funds of the Union State on returnable and paid basis are provided in the form of budget credits on the purposes determined in the budget of the Union State for the next financial year.

3. For the purposes of this provision as budget credit it is understood - form of financing of budgeted expenses which provides means to legal entities on returnable and paid bases.

4. The budget credit is granted to legal entities to residents of the Russian Federation and (or) the Republic of Belarus (further - borrowers).

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