PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of November 9, 2015 No. 455

About entering of amendments and changes into the Presidential decree of the Republic of Belarus

1. Bring in the Presidential decree of the Republic of Belarus of April 22, 2014 No. 175 "About functioning of duty-free shops" (The national legal Internet portal of the Republic of Belarus, 26.04.2014, 1/14956) the following amendments and changes:

1.1. add the Decree with Item 1-1 of the following content:

"1-1. Prohibit alienation of shares (share in authorized funds) of legal entities of the Republic of Belarus in whose property there are capital structures (buildings, constructions) located at check points through Frontier of the Republic of Belarus and used or held for use as duty-free shops, except for:

alienations of such shares (share in authorized funds) in property of the Republic of Belarus;

transition of the property right to these shares (share in authorized funds) in connection with the death of the member of the legal entity of the Republic of Belarus. At the same time shares (share in authorized funds) are subject to renewal on the heirs who inherited them in accordance with the established procedure, and in case of lack of those carry over the Republic of Belarus;

alienations of such shares to the specified legal entities for reduction of their authorized funds;

other cases according to the decision of the President of the Republic of Belarus.";

1.2. add subitem 2.2 of Item 2 with part three of the following content:

"The legal entity of the Republic of Belarus included in the list according to appendix to this Decree can be the owner of the duty-free shop located at the check point through Frontier of the Republic of Belarus, which is in the airport:

state pattern of ownership;

in which authorized fund at least 49 percent of shares (shares) are in property of the Republic of Belarus;";

1.3. in parts one and the second Item 3 of the word of "the territory of the Customs union" shall be replaced with words "the territories of the Eurasian Economic Union";

1.4. to be reworded as follows appendix to this Decree it (is applied);

1.5. in the Regulations on duty-free shops approved by this Decree:

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