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FEDERAL LAW OF THE RUSSIAN FEDERATION

of December 2, 2019 No. 385-FZ

About features of transfer in 2020 - 2022 of income gained by the Central bank of the Russian Federation from equity participation of Sberbank of Russia public joint stock company following the results of 2019 - 2021

Accepted by the State Duma on November 20, 2019

Approved by the Federation Council on November 25, 2019

Article 1

Income gained in 2020, 2021 and 2022 by the Central bank of the Russian Federation from equity participation of Sberbank of Russia public joint stock company following the results of respectively 2019, 2020 and 2021 is subject to transfer by the Central bank of the Russian Federation in the federal budget respectively till August 1, 2020, on August 1, 2021 and on August 1, 2022.

Article 2

The part of profit of the Central bank of the Russian Federation which is subject to transfer in the federal budget in 2021, 2022 and 2023 according to part one of article 26 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" decreases by the amount of the funds transferred respectively in 2020, 2021 and 2022 in the federal budget according to article 1 of this Federal Law.

Article 3

This Federal Law becomes effective since January 1, 2020.

President of the Russian Federation

V. Putin

 

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

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