Communication for investors on available potential sites of high-quality fresh groundwater for indus-trial bottling on the territory of the Republic of Belarus (стр. 3 )

Land area used in the established procedure is bound to be withdrawn only for state needs. Thus according to Article 8 of the Regulations on the Land Withdrawal Procedure approved by the RB President's Decree № 000 of 27 December 2007 «On land withdrawal and provision», entering into force on 1 January 2008 the right to the land being in private property shall be terminated for state needs together with its simultaneous redemption at the cadastre price on the moment of redemption in compliance with the procedure established by the Council of Ministers’ resolution № 000 of 26 March 2008 with the compensation paid to the owner and surrender of the land to the Republic of Belarus.

The procedure for compensation paid, their extent shall be determined by the organizations according to the Council of Ministers’ Resolution № 000 of 26 March 2008.

In the process of leased land withdrawal should the payment be collected for the right to conclude the Land Lase the lessee shall be awarded damage from the local budget of the relative administrative and territorial district in which the payment for the lease right was made.

When the property being the object of mortgage is withdrawn from the mortgagor in the established procedure for the reason that the owner of this property in fact is another person (article 282 of the Civil Code) or in the form of sanctions for committed crimes or any other offences (article 244 of the Civil Code), the mortgage of this property shall be ceased. In these cases the mortgagee is entitled to claim the advanced fulfilment of the commitment secured by the mortgage (article 335 of the Civil Code).

All lease&compensation-driven disputes shall be settled in the court.

Pursuant to Resolution №41 by the Belarusian State committee for property of 14 May 2008 «On the step-by-step recovery of losses relating to agricultural and forestry production» recovery of agricultural and forestry losses by legal entities and sole proprietors, who are granted land from the agricultural and forest land funds based on their application is excised within the lease term on a step-by-step base including the five-year land lease. Step-by-step recovery of agricultural and/or forest production is exercised by legal entities and sole proprieties by equal instalments on the ground of the agreement concluded with the Belarusian State Committee for Property. Prior to the conclusion of the agreement in question losses of agricultural and/or forest production shall be indemnified by legal entities and sole proprietors at the rate of not less than 10% out of the total amount.

In accordance with Resolution №686 of 20 June 2008 «On approval of the Regulations on the Instalment Payment Procedure for the right to conclude land lease agreements» by the Minsk regional executive committee instalment payment for the right to conclude land lease agreements including auctions' results shall be given in case if the rate of payment for the right to land lease including auctions' results exceeds 2000 base units for citizens and sole proprietors and 10000 base units for legal entities. Instalments shall be given for the term of not more than 3 years and shall not exceed the lease term. Instalments shall be given on the grounds that the payer pays in 25% of the total sum for the lease right within 10 working days after the decision by the Executive Committee on land lease. Instalment is paid by equal shares per annum on 1 November of year to the first instant but not later than the date of lease expiration.