Amendments To The Cabinet Of Ministers Of 26 October 2010 Regulations No. 997 "rules On Guarantees The Operator And Relevant Agricultural Service Cooperatives To Improve Competitiveness"

Original Language Title: Grozījumi Ministru kabineta 2010.gada 26.oktobra noteikumos Nr.997 "Noteikumi par garantijām komersantu un atbilstošu lauksaimniecības pakalpojumu kooperatīvo sabiedrību konkurētspējas uzlabošanai"

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Read the untranslated law here: https://www.vestnesis.lv/op/2015/109.9


Cabinet of Ministers Regulations No. 274 in Riga 2 June 2015 (pr. No 27 § 5) amendments to the Cabinet of Ministers on 26 October 2010, regulations no 997 "rules on guarantees the operator and relevant agricultural service cooperatives to improve the competitiveness of" made in accordance with the Cabinet of Ministers Act article 31 equipment, first paragraph, point 3 to make a Cabinet of 26 October 2010 regulations No. 997 "Rules on guarantees and adequate agricultural merchant service cooperatives to improve competitiveness" (Latvian journal, 2010 , a 177. no; 2013, 102, no. 252; 2014, 146, 184. No.) the following amendments: 1. Replace the text, the words "the Latvian guarantee agency" (fold) with the words "development financial institution" (hinged). " 2. Express the point 1 and 2 by the following: "1. the provisions laid down the conditions for granting guarantees business competitiveness of operators and apartment house siltumnoturīb improvement measures of the operational programme ' infrastructure and services ' addition of the activity" apartment 3.4.4.1. House siltumnoturīb improvement measures "(hereinafter referred to as the guarantee). 2. economic operators and multi-family residential home apartment owners among authorised persons awarded joint stock company "development financial institution VIOLA" (hereinafter referred to as the development financial institutions). " 3. Replace the words in paragraph 3.2 and the numbers "5. these provisions, 7.1, 8, 9, 10, 10.1, 8.1 and the conditions referred to in paragraph 1.2" with the words and figures "that rule 5, paragraph 8, 7.2 and 9.1, 10.1, 10.2, and 13.1 and the conditions referred to in paragraph 1.2". 4. Express 3.3 point as follows: "the meaning of these provisions newly 3.3 operating the reviewer is tiny (micro), small and average business person or agricultural service cooperative society, which is no later than three years before the date of application of the guarantee is registered in the companies register in the register." 5. Replace paragraph 7.1., the words "or economic activity has ended" with the words "or where the economic activity is terminated, or the economic operator meets the legal criteria, on the basis of which the creditors may request the opening of insolvency proceedings". 6. Replace paragraph 7.3., the words "if at least a few" with the words "if at least one of." 7. Express 7.5. subparagraph by the following: "7.5. under the administration of the State revenue service tax (duty) the debtor of the information available in the database are tax or fee debt." 8. Express 7.1 section 2 by the following: "7.1 2. in accordance with the State revenue service administered by the tax debtor (fees) in the database of the information available is a tax or fee debt." 9. Supplement to chapter II 7.2 point as follows: "this rule 7.2 7.2, 7.3 and 7.4. the requirements referred to in the guarantee worth filing day economic analyst is newly operating operator this provision within the meaning of paragraph 3.3." 10. Express 9.2. subparagraph by the following: "9.2. warranty is provided on existing this provision 8.1., 8.2., 8.3 and 8.4. financial services referred to in, the application of this rule 7.2, 7.3, 7.4, 7.5, 10.1 and 12 in the conditions referred to in paragraph 1, as well as in addition to the requirements contained in these rules are executed in the following conditions: 9.2.1. operating agent of the Russian Federation, subject to the limitations of the goods production and export volumes or volumes of raw material supply , transportation, expedition, or logistics service delivery volumes are at least 10% of the total turnover of the economic operator, if the Russian Federation limit affect supplies or services are terminated or reduced contract of goods (supply) or purchase price of the service, or decreased amount of supplies or services, or operating a reviewer's volume of exports to the Russian Federation for more than 30% and the Russian Federation currency fluctuations business activity performer facing liquidity problems He is based; 9.2.2. in accordance with the opinion of the development financial institutions for the economic operator can regain economic viability, if economic activities are being implemented restructuring measures of the operator; 9.2.3. the economic operator on 31 December 2013 does not match this rule 7.2, 7.3 or 7.4. criteria referred to in (a); 9.2.4. the financial services was repayment of principal is deferred for at least a year, but not more than two years if the aid is granted for these provisions 9.2.1. referred to economic operators, as well as, if necessary, additional funding are relaxed repayment terms; 9.2.5. the financial service is not increased interest rate; 9.2.6. in accordance with the opinion of the development financial institutions financial services security value not less than the principal and interest payment of the balance or the total economic value of the benefit, calculated according to the net present value and by the credit institution or its subsidiary company benefit by receiving guarantees and give the rules referred to in paragraph 9.2.4. repayment condition of funding relief, not positive; 9.2.7. the great economic operator's credit quality is lower than that specified in the annex of the rules of credit quality class ' solvency would reduce adverse conditions. " 11. Make paragraph 10 by the following: ' 10. support may receive economic agents, subject to the following conditions: the warranty is granted for 10.1 financial services, if the funding is used for the beginning of the economic activities or economic expansion and development financial institutions of this economic activity is found to be economically viable; 10.2. guarantee covers up to 80% of financial services; 10.3. for one little (micro), small and medium business operators and associated group of persons guaranteed amount does not exceed 1 500 000 euro (or 750 000 euro, if the economic operator active in the road transport sector) and guarantees shall not exceed 10 years; 10.4. one capital economic analyst, which guarantees the quality of the credit not less than the rules laid down in the annex the credit quality class ' solvency would reduce adverse conditions ", or these rules referred to in point 9.2 of the little (micro), small and medium operators, which guarantees the credit quality is lower than that specified in the annex of the rules of credit quality class ' solvency would reduce adverse conditions", and the related group of people does not exceed the guaranteed amount: 10.4.1.  1 500 000 euro (or 750 000 euro, if the economic operator active in the road transport sector) and guarantees shall not exceed five years; 10.4.2.750 000 euros (or 375 000 euro, if the economic operator active in the road transport sector) and guarantee a maximum term of 10 years. " 12. the supplement to chapter III 10.2 point as follows: "support for 10.2 can get this provision as referred to in point 3.2 of the authorised person, subject to the following conditions: 1. the guarantee covers 10.2 up to 80% of financial services; 10.2 2. total current amount guaranteed per these rules referred to in point 3.2 the trustee does not exceed eur 3 000 000 and guarantee a maximum term of 15 years. " 13. Express 14.1 points as follows: 14.1 if the guarantee was issued "large economic operators, which guarantees credit quality is lower than that specified in the annex of the rules of credit quality class ' solvency would reduce adverse conditions", or this provision 9.2. guarantee referred issued small (micro), small and medium-sized economic operators, which guarantees the credit quality is lower than that specified in the annex of the rules of credit quality class ' solvency would reduce adverse conditions " , a grant equivalent is 200 000 euro or 100 000 euro, if the economic operator active in the road transport sector and the warranty is issued for this rule 10.4. referred to the maximum guarantee amount and term. If the warranty is issued for a smaller amount or shorter period of time, the grant equivalent is proportionally reduced. " The Prime Minister is the Rapidity of economic Newsletters, Minister Dana Reizniec-oak