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PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of January 30, 2015 No. 44

About modification and amendments in the Presidential decree of the Republic of Belarus

For the purpose of enhancement of incentive system of export in the Republic of Belarus I decide:

1. Bring in the Presidential decree of the Republic of Belarus of September 24, 2009 No. 466 "About some measures for sales of goods made in the Republic of Belarus" (The national register of legal acts of the Republic of Belarus, 2009, No. 235, 1/10991; 2010, No. 183, 1/11800; No. 235, 1/11981; 2012, No. 9, 1/13253; National legal Internet portal of the Republic of Belarus, 17.01. 2013, 1/14010; 05:09. 2013, 1/14483) following changes and amendments:

1.1. in Item 1:

state subitems 1.1 and 1.2 in the following edition:

"1.1. By the Republic of Belarus it is compensated for the account of the means of the republican budget provided on the answering purpose:

to banks - nonresidents of the Republic of Belarus part of percent on the credits issued by them no more than for 5 years (further - bank loans) and used in 2009-2014 by borrowers - nonresidents of the Republic of Belarus for acquisition in foreign countries of the goods made in the Republic of Belarus, and refinancings of costs *, incured by leasing companies, and in 2015-2016 borrowers - nonresidents of the Republic of Belarus (except for leasing companies - nonresidents of the Republic of Belarus) for acquisition in foreign countries of the goods made in the Republic of Belarus (further - compensation of percent);

to leasing companies - nonresidents of the Republic of Belarus part of leasing payments ** under the agreements of finance lease (leasing) signed in 2015-2016 for the term of no more than 5 years with legal entities or physical persons - nonresidents of the Republic of Belarus (further - leasing recipients) whose subject are the goods made in the Republic of Belarus (further - compensation of leasing payments);

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