Belarus abolishes state register of tobacco producers/traders July 1
<p> MINSK, May 21 – PrimePress. Starting July 1, 2020 Belarus will abandon the practice of maintaining the State Register of legal entities and individual entrepreneurs engaged in production, storage, wholesale and retail trade in tobacco products, as per presidential decree #2 of May 21, 2020. </p> <p> </p> <p> Decree #2 also ensures the harmonization of regulations on the circulation of electronic smoking systems and systems for tobacco use in accordance with the provisions of the Code of Administrative Offences, providing for liability for the sale of such systems to minors. </p> <p> </p> <p> Also, the decree authorizes legal entities, which have the right to issue microloans against movable property, to independently sell the collateral in the event of non-repayment, if the value of the property does not exceed 100 basic units (Br2.7 thousand, $1.12 thousand at the rate of the National Bank of Belarus; one basic unit - Br27 Bel, $11.21, $1 - Br2.4087). End </p>
2020-05-22
Primepress
Belarus abolishes state register of tobacco producers/traders July 1
MINSK, May 21 – PrimePress. Starting July 1, 2020 Belarus will abandon the practice of maintaining the State Register of legal entities and individual entrepreneurs engaged in production, storage, wholesale and retail trade in tobacco products, as per presidential decree #2 of May 21, 2020.
Decree #2 also ensures the harmonization of regulations on the circulation of electronic smoking systems and systems for tobacco use in accordance with the provisions of the Code of Administrative Offences, providing for liability for the sale of such systems to minors.
Also, the decree authorizes legal entities, which have the right to issue microloans against movable property, to independently sell the collateral in the event of non-repayment, if the value of the property does not exceed 100 basic units (Br2.7 thousand, $1.12 thousand at the rate of the National Bank of Belarus; one basic unit - Br27 Bel, $11.21, $1 - Br2.4087). End