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State Committee on Property of the Republic of Belarus State Committee on Property of the Republic of Belarus Государственный комитет по имуществу

Accounting and disposal of shares


The State Committee on Property acts on behalf of the state as the holder of shares owned by the Republic of Belarus.

In accordance with the Decree of the President of the Republic of Belarus of 28 April 2006 No. 277 "On Certain Issues Regulating the Securities Market", the registration of rights to shares owned by the Republic of Belarus, including. Economic management of republican unitary enterprises, or its administrative-territorial units, incl. Economic management of communal unitary enterprises, is carried out by the central depository of securities in the Republic of Belarus. The central depository of securities in the Republic of Belarus is the Republican Central Securities Depository (RUE RCSD).

The State Committee on Property with RUE "RCSD" concluded a depository agreement and opened a "depot" account where information on the rights to shares is recorded by fixing and storing information about the number of securities.

Acceptance of shares in the ownership of the Republic of Belarus is carried out by transferring them to the account "depot", and alienation of shares in municipal or private property - by writing off the new owner and crediting it to the depo account.

The disposal of shares (shares in statutory funds) of business entities that are in the possession and possession of the State Committee on Property and administrative territorial units is regulated in the privatization process by privatization legislation.
The issues of disposal of shares (stakes in statutory funds) of business entities, incl. Which are in the operational management or economic management of the republican legal entities, are regulated by the Decree of the President of the Republic of Belarus of July 4, 2012, No. 294 "On the Procedure for Disposal of State Property" (does not apply to the disposal of shares (stakes in statutory funds) of business entities in the process of privatization). The procedure for the preparation of draft decisions on disposal of property owned by the Republic of Belarus is established by Decree of the Council of Ministers of the Republic of Belarus of October 3, 2012, No. 905 "On Measures to Implement the Decree of the President of the Republic of Belarus No. 294 of July 4, 2012 and Amendments and Additions In some resolutions of the Council of Ministers of the Republic of Belarus. "

In accordance with this Edict of the President of the Republic of Belarus,

by decision of the President of the Republic of Belarus:

• alienation of shares in the ownership of the Republic of Belarus (shares in statutory funds) of business entities (partnerships), incl. Being in operational management or economic management of republican legal entities, unless otherwise established by the President of the Republic of Belarus;

• pledge of shares in the ownership of the Republic of Belarus (shares in statutory funds) of business entities (partnerships);

• acquisition of shares (shares in statutory funds) of economic companies (partnerships) that are not related to the transfer of property to the statutory fund (with the exception of the acquisition of shares (stakes in the statutory funds) of business entities (partnerships) in the restructuring of the Republic of Belarus In accordance with legislative acts of their arrears on payments to the republican and local budgets and on loans issued by banks, as well as other cases provided for by the President of the Republic of Belarus);

by decision of the Council of Ministers of the Republic of Belarus:
• acquisition into the ownership of the Republic of Belarus free of charge, incl. From communal property, shares (shares in statutory funds) of economic companies (partnerships);

• transfer to trust management of shares (stakes in statutory funds) of economic entities (partnerships) owned by the Republic of Belarus, unless otherwise stipulated by legislative acts;

• transfer without transferring the ownership rights of shares (stakes in statutory funds) of business entities (partnerships) owned by the Republic of Belarus;

by the decision of the National Bank, the Administration of the President of the Republic of Belarus, the Office of the President of the Republic of Belarus, the National Academy of Sciences of Belarus, other state bodies and other state organizations subordinate to the President of the Republic of Belarus, the Prosecutor General's Office, the Investigative Committee, the State Committee for Forensic Expertise, Bodies of the Committee of State Control and Financial Investigation, courts, republican bodies of the state And other state organizations subordinate to the Government of the Republic of Belarus, the Office of the Council of Ministers of the Republic of Belarus, administrations of free economic zones are carried out:

• acquisition into the ownership of the Republic of Belarus at the expense of its own funds, except for the cases provided for in subparagraph 1.3 of paragraph 1 of the said Decree of the President of the Republic of Belarus, incl. From communal property, shares (stakes in statutory funds) of business entities (partnerships), are not related.