Joint Decree No. 303/9 of the Council of Ministers and of the National Bank validating the Regulation on transfer of land plots in private ownership in mortgage for land based credit.

ПОСТАНОВЛЕНИЕ СОВЕТА МИНИСТРОВ РЕСПУБЛИКИ БЕЛАРУСЬ И НАЦИОНАЛЬНОГО БАНКА РЕСПУБЛИКИ БЕЛАРУСЬ 7 марта 2000 г. N 303/9 ОБ УТВЕРЖДЕНИИ ПОРЯДКА ПЕРЕДАЧИ ЗЕМЕЛЬНЫХ УЧАСТКОВ, НАХОДЯЩИХСЯ В ЧАСТНОЙ СОБСТВЕННОСТИ, В ЗАЛОГ ДЛЯ ПОЛУЧЕНИЯ БАНКОВСКОГО КРЕДИТА.

https://www.fao.org/faolex/results/details/en/c/LEX-FAOC081501

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Russian

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LEX-FAOC081501

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This Joint Decree establishes that separate land plots can be transferred in mortgage for land based credits. Legal persona and natural persons that are Belarus nationals can be mortgagers if their ownership right to land plot is certified by state land certificate. Banks authorized by the President of Belarus shall be mortgagees. Amount of credit and the modalities of extinction thereof shall be determined by credit contract and mortgaged contract. In case of expropriation of the mortgaged land plot for public needs and concession to mortgager of another land plot in private ownership the right of mortgage shall be transferred to mortgagee if not otherwise envisaged by the legislation.

Implements: Presidential Decree No. 58 regulating some issues of expropriation and allotment of land. (2006-01-28)
Amended by: : Joint Decree No. 939/13 of the Council of Ministers and the National Bank amending Joint Decree No. 303/9 of the Council of Ministers and of the National Bank validating the Regulation on transfer of privately owned land in mortgage for land-based credit. (2006-07-27)

Regulations