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ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of October 25, 2013 No. 961

About provision of subsidies from the federal budget to the Russian organizations - exporters of military industrial output on compensation of part of costs for interest payment on the credits received in the Russian credit institutions and in the "Development Bank and Foreign Economic Activity (Vnesheconombank)" state corporation

(In edition of the Order of the Government of the Russian Federation of 27.12.2014 No. 1565)

The government of the Russian Federation decides:

1. Approve the enclosed Rules of provision of subsidies from the federal budget to the Russian organizations - exporters of military industrial output on compensation of part of costs for interest payment on the credits received in the Russian credit institutions and in the "Development Bank and Foreign Economic Activity (Vnesheconombank)" state corporation.

2. Recognize invalid acts of the Government of the Russian Federation according to appendix.

Russian Prime Minister

D. Medvedev

Approved by the Order of the Government of the Russian Federation of October 25, 2013 No. 961

Rules of provision of subsidies from the federal budget to the Russian organizations - exporters of military industrial output on compensation of part of costs for interest payment on the credits received in the Russian credit institutions and in the "Development Bank and Foreign Economic Activity (Vnesheconombank)" state corporation

1. These rules establish procedure for provision of subsidies from the federal budget to the Russian organizations - exporters of military industrial output on compensation of part of costs for interest payment on the credits received in the Russian credit institutions and in the "Development Bank and Foreign Economic Activity (Vnesheconombank)" state corporation (further respectively - the organizations, Vnesheconombank, subsidies).

2. In these rules the military industrial output is understood as military products in accordance with the legislation of the Russian Federation in the field of military and technical cooperation with foreign states, except for services and results of intellectual activities, including exclusive rights on them (intellectual property), and information in military and technical area.

3. Subsidies are provided within the budgetary appropriations provided by the Federal Law on the federal budget for the corresponding financial year and planning period and limits of the budget obligations approved in accordance with the established procedure to the Ministry of Industry and Trade of the Russian Federation on the purposes specified in Item 1 of these rules, to the organizations in case of observance of the following conditions:

a) the direction the organization of credit resources on production and (or) export of military industrial output;

b) timely execution of credit agreements by the organization in terms and amounts which are established by the repayment schedule of the credit;

c) absence at the organization of overdue debt for obligatory payments in the federal budget and state non-budgetary funds.

4. In case of attraction of the credit in Russian rubles the size of the subsidy provided to the organization is determined at the rate of two third the amount of the costs for interest payment made by it by the credit provided that the loan interest rate will be less refunding rate of the Central bank of the Russian Federation operating for date of the last interest payment or is equal to this rate.

If the interest rate for the loan attracted by the organization is more refunding rate of the Central bank of the Russian Federation operating for date of the last interest payment, the size of the subsidy provided to the organization is determined calculated on the basis of two third refunding rate of the Central bank of the Russian Federation operating on payment date of percent.

5. In case of attraction of foreign currency loan the size of the subsidy provided to the organization is determined in Russian rubles at the rate of two third the amount of the costs for interest payment made by it by the credit proceeding from the ruble exchange rate in relation to foreign currency established by the Central bank of the Russian Federation for date of implementation of the specified costs. When calculating the maximum size of the provided subsidy the interest rate for the attracted foreign currency loan is accepted to equal 9 annual interest rates.

6. For receipt of subsidy the organization represents to the Ministry of Industry and Trade of the Russian Federation the statement in the form approved by the Ministry with appendix of the following documents:

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