RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of January 23, 2014 No. 59

About modification and amendments in resolutions of Council of Ministers of the Republic of Belarus

According to article 5 of the Law of the Republic of Belarus of July 12, 2013 "About modification and amendments in some laws of the Republic of Belarus concerning mortgage", and also for the purpose of enhancement of the relations in the field of state registration of real estate, the rights to it and transactions with it the Council of Ministers of the Republic of Belarus DECIDES:

1. Make changes and additions to the following resolutions of Council of Ministers of the Republic of Belarus:

1.1. in Item 1 of the resolution of Council of Ministers of the Republic of Belarus of October 28, 2008 No. 1599 "About features of carrying out the public biddings (biddings) on realization of the parcels of land which are mortgage subject" (The national register of legal acts of the Republic of Belarus, 2008, No. 262, 5/28613; 2009, No. 173, 5/30177; 2010, No. 265, 5/32788):

in subitem 1.1:

third to state the paragraph in the following edition:

"pawnbrokers concerning the parcels of land on which collection is turned based on notarially certified agreement of the pawnbroker with the pledger on satisfaction of requirements of the pawnbroker at the expense of the parcel of land which is mortgage subject without appeal to the court concluded to or after emergence of the bases for the address of collection established by the legislation on this parcel of land;";

the fourth to exclude the paragraph;

in part one of subitem 1.2 of the word "organizer of the biddings" shall be replaced with words "the pawnbroker who holds the public auction (biddings),";

state subitem 1.3 in the following edition:

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