FEDERAL LAW OF THE RUSSIAN FEDERATION

of November 4, 2019 No. 359-FZ

About introduction of amendments to the Federal law "About the Public Company on Protection of the Rights of Citizens — Participants of Shared-equity Construction in case of Insolvency (Bankruptcy) of Builders and about Modification of Separate Legal Acts of the Russian Federation" and the Federal Law "About Insolvency (Bankruptcy)"

Accepted by the State Duma on October 15, 2019

Approved by the Federation Council on October 23, 2019

Article 1

Bring in the Federal Law of July 29, 2017 No. 218-FZ "About the public company on protection of the rights of citizens - participants of shared-equity construction in case of insolvency (bankruptcy) of builders and about modification of separate legal acts of the Russian Federation" (The Russian Federation Code, 2017, No. 31, Art. 4767; 2018, No. 28, Art. 4139; No. 53, Art. 8404; 2019, No. 26, Art. 3317; No. 31, Art. 4420) following changes:

Part 1 of Article 3 to add 1) with Item 3.2 of the following content:

"3. 2) payment at the expense of property of the Fund created at the expense of property fee of the Russian Federation, other public legal entities, compensation to the citizens who are members of housing cooperative or other specialized consumer cooperative which is created according to article 201.10 of the Federal Law of October 26, 2002 No. 127-FZ "About insolvency (bankruptcy)" and to which the rights of the builder to object of construction in progress and the parcel of land were transferred (further - cooperative) if requirements of the specified citizens were extinguished in the case of bankruptcy of builder by such transfer according to the register of requirements of participants of construction (the register of requirements about transfer of premises) and the specified citizens have requirements about transfer of premises, parking place and (or) non-residential premise concerning the conforming cooperative;";

2) in Article 13:

a) in the name of the word "-to participants of shared-equity construction" to exclude;

b) add with part 1.2 following of content:

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