of December 28, 2001 No. 352
About approval of the National accounting standard for bank system 29 "The financial reporting in the conditions of hyperinflation" (NSFO 29)
For the purpose of accomplishment of the Main directions of monetary policy of the Republic of Belarus for 2002 approved by the Presidential decree of the Republic of Belarus of November 8, 2001 No. 641 (The national register of legal acts of the Republic of Belarus, 2001, No. 106, 1/3191), the Board of National Bank of the Republic of Belarus decides:
1. Approve the enclosed National accounting standard for bank system 29 "The financial reporting in the conditions of hyperinflation" (NSFO 29).
2. This resolution becomes effective since January 1, 2002.
Chairman of the board P. P. Prokopovich
Approved by the Resolution of Board of National Bank of the Republic of Belarus on December 28, 2001, No. 352
1. The national accounting standard 29 "The financial reporting in the conditions of hyperinflation" (29) (further - the Standard) is developed by NSFO for bank system on the basis of the International Financial Reporting Standard 29 "The financial reporting in the conditions of hyperinflation" approved by the International accounting standards board.
2. Requirements of this Standard are obligatory for execution by National Bank of the Republic of Belarus, the banks and the non-bank credit and financial organizations of the Republic of Belarus created according to the legislation of the Republic of Belarus and registered in National Bank of the Republic of Belarus (daleebanka).
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The document ceased to be valid since December 12, 2012 according to Item 1 of the Resolution of Board of National Bank of the Republic of Belarus on November 27, 2012 No. 601