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Presidential Decree No. 253 “On arrangements for financial recovery of agricultural organizations”.

Country/Territory
Belarus
Document type
Legislation
Date
2016
Source
FAO, FAOLEX
Subject
Agricultural & rural development
Keyword
Financial agricultural measures Fiscal and market measures
Geographical area
CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia
Entry into force notes
This Presidential Decree enters into force on the date of signature.
Abstract

The scope of this Presidential Decree shall be to prevent financial bankruptcy of agricultural organizations and elaboration of recommendations and proposals for prejudicial financial recovery thereof. Recommendations shall be elaborated subject to prior submittal of financial recovery business plans. Competent state bodies and organizations shall be entitled, by the outcome of business plan performance, to cancel agricultural organizations from the list of agricultural organizations subject to prejudicial financial recovery and insertion thereof in the list of agricultural organizations subject to procedure of economic insolvency (bankruptcy).

Full text
Russian
Website
www.pravo.by