ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of June 11, 2018 No. 673

About approval of Rules of calculation of own means of the builder having the right to attraction of money of citizens and legal entities for construction (creation) of apartment houses based on the agreement of participation in shared-equity construction according to the Federal Law "About Participation in Shared-equity Construction of Apartment Houses and Other Real Estate Objects and about Modification of Some Legal Acts of the Russian Federation"

According to Item 1.1 of part 2 of article 3 of the Federal law "About Participation in Shared-equity Construction of Apartment Houses and Other Real Estate Objects and about Modification of Some Legal Acts of the Russian Federation" Government of the Russian Federation decides:

Approve the enclosed Rules of calculation of own means of the builder having the right to attraction of money of citizens and legal entities for construction (creation) of apartment houses based on the agreement of participation in shared-equity construction according to the Federal Law "About Participation in Shared-equity Construction of Apartment Houses and Other Real Estate Objects and about Modification of Some Legal Acts of the Russian Federation".

Approved by the Order of the Government of the Russian Federation of June 11, 2018 No. 673

Rules of calculation of own means of the builder having the right to attraction of money of citizens and legal entities for construction (creation) of apartment houses based on the agreement of participation in shared-equity construction according to the Federal Law "About Participation in Shared-equity Construction of Apartment Houses and Other Real Estate Objects and about Modification of Some Legal Acts of the Russian Federation"

1. These rules establish procedure of payments of own means of the builder having the right to attraction of money of citizens and legal entities for construction (creation) of apartment houses based on the agreement of participation in shared-equity construction according to the Federal Law "About Participation in Shared-equity Construction of Apartment Houses and Other Real Estate Objects and about Modification of Some Legal Acts of the Russian Federation" (further - the builder).

2. Calculation of own means of the builder is made quarterly according to accounting data and accounting (financial) records of the builder.

3. The size of own means of the builder is determined as difference between the size of the assets of the builder accepted to calculation and size of obligations of the builder assumed to calculation. The objects of financial accounting considered by the organization on off-balance accounts in case of determination of the size of own means to calculation are not accepted.

4. The assets accepted to calculation include the following assets of the builder:

a) the purchase costs of the parcels of land (the rights to the parcels of land) and other actual costs of the builder connected with construction (creation) of apartment houses and (or) other real estate objects which part objects of shared-equity construction are, and provided by part 1 of article 18 of the Federal law "About Participation in Shared-equity Construction of Apartment Houses and Other Real Estate Objects and about Modification of Some Legal Acts of the Russian Federation";

b) receivables on the taxes, charges and other obligatory payments paid to the relevant budget of budget system of the Russian Federation, state non-budgetary funds;

c) the property accepted to financial accounting as fixed assets or inventories, which resulted from the incured costs specified in the subitem "an" of this Item;

d) receivables in the advance payments paid as a part of the costs specified in the subitem "an" of this Item;

e) receivables arising owing to the signed agreements providing payment of expenses, including promotional expenses, utilities, communication services, the costs connected with lease of the non-residential premise for the purpose of ensuring activities of the builder;

e) receivables of participants of shared-equity construction on payment of the price of the agreement of participation in shared-equity construction;

g) shown to the builder by suppliers (contractors, contractors) of tax amount on value added, deductible in future periods;

h) money on the accounts opened in the authorized bank corresponding to provisions of Item 3 of article 2 of the Federal law "About Participation in Shared-equity Construction of Apartment Houses and Other Real Estate Objects and about Modification of Some Legal Acts of the Russian Federation", and also receivables on interest payment, added on remaining balance on such accounts.

5. Obligations assumed to calculation include all obligations of the builder, except for:

a) the deferred revenues recognized by the builder in connection with receipt of government assistance, and also in connection with non-paid receipt of property;

b) deferred tax liabilities.

6. The size of own means of the builder is determined by accounting data. At the same time assets and liabilities are accepted to calculation for the cost which is subject to reflection in the balance sheet of the builder (in net - assessment less the regulating sizes) proceeding from rules of assessment of the corresponding balance sheet items.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info