PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of February 9, 2015 No. 49

About providing procedure when implementing currency transactions

For the purpose of providing procedure when implementing currency transactions, protection of interests of the state and enhancement of measures of responsibility for violation of the foreign exchange legislation of the Republic of Belarus:

1. Determine that:

1.1. the buying up, sale, exchange of foreign currency performed without special permission (license) or state registration, and attempt at such actions is equal -

attract imposing of penalty in the amount of fifty up to hundred fifty basic sizes with confiscation of subject of administrative offense, and also with confiscation of foreign currency and other money which was at the perpetrator in case of themselves at the time of making of offense or without confiscation of such foreign currency and other money.

The same actions made repeatedly within one year after imposing of administrative punishment for the offense provided in part one of this subitem -

attract imposing of penalty in the amount of hundred fifty up to two hundred basic sizes with confiscation of subject of administrative offense, and also with confiscation of foreign currency and other money which was at the perpetrator in case of themselves at the time of making of offense or without confiscation of such foreign currency and other money;

1.2. illegal acceptance of foreign currency as means of payment, and is equal other illegal use of securities and payment documents in foreign currency -

attract imposing of penalty in the amount of fifty up to hundred basic sizes with confiscation of subject of administrative offense or without confiscation, and on the individual entrepreneur or the legal entity - from hundred up to two hundred basic sizes with confiscation of subject of administrative offense or without confiscation.

The same actions made repeatedly within one year after imposing of administrative punishment for the offense provided in part one of this subitem -

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info