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