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FEDERAL LAW OF THE RUSSIAN FEDERATION

of March 18, 2020 No. 49-FZ

About transfer of part of income gained by the Central bank of the Russian Federation from sale of ordinary shares of Sberbank of Russia public joint stock company

(as amended on 23-11-2020)

Accepted by the State Duma on March 12, 2020

Approved by the Federation Council on March 14, 2020

Article 1

1. Income (positive financial result) gained by the Central bank of the Russian Federation (Bank of Russia) from sale of ordinary shares of Sberbank of Russia public joint stock company according to part 1 of article 1 of the Federal law "About Acquisition by the Government of the Russian Federation at the Central Bank of the Russian Federation of Ordinary Shares of Sberbank of Russia Public Joint Stock Company and Recognition Voided Separate Provisions of Legal Acts of the Russian Federation" in the amount exceeding 300 billion rubles of the terms established by the Government of the Russian Federation is subject to transfer in the federal budget money and (or) in the way of transfer to treasury of the Russian Federation of the rights of requirements of the Bank of Russia to Sberbank of Russia public joint stock company for agreements of the subordinated credit, the Federal Law provided by the Bank of Russia according to Article 5 of October 13, 2008 No. 173-FZ "About additional measures for support of financial system of the Russian Federation", in amount to 150 billion rubles, and also the rights of requirements of the Bank of Russia to the state corporation of development of "ВЭБ.РФ" in the agreement (agreements) on placement of money to the deposit (deposits) signed (prisoner) about day of entry into force of this Federal Law in amount to 350 billion 450 million rubles. The Bank of Russia has the right to transfer, and the Government of the Russian Federation has the right to accept in treasury of the Russian Federation the specified rights to claim on their book value on the date of transfer.

2. The part of the income received by the Bank of Russia from sale of ordinary shares of Sberbank of Russia public joint stock company and according to part of 1 this Article subject to transfer in the federal budget and (or) transfer to treasury of the Russian Federation, is not subject to accounting in case of determination of profit of the Bank of Russia for the purposes of transfer of part of profit of the Bank of Russia in the federal budget 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)".

3. In case of transfer by the Bank of Russia to treasury of the Russian Federation of the rights of requirements of the Bank of Russia for agreements of the subordinated credit provided by the Bank of Russia according to article 5 of the Federal Law of October 13, 2008 to No. 173-FZ "About additional measures for support of financial system of the Russian Federation", the Government of the Russian Federation on behalf of the federal executive body performing functions on development of state policy and normative legal regulation in the sphere of the budget, tax, insurance, currency, banking activity specified regarding 1 this Article the agreements with Sberbank of Russia public joint stock company on change of conditions of the specified agreements having the right to sign in 2020 for the purpose of creation of legal basis for inclusion of such subordinated credit in structure of sources of fixed capital of Sberbank of Russia public joint stock company in full according to requirements of the Bank of Russia.

4. In case of transfer by the Bank of Russia to treasury of the Russian Federation of the rights of requirements of the Bank of Russia to the state corporation of development of "ВЭБ.РФ" in the agreement (agreements) on placement of money to the deposit (deposits) signed (prisoner) about day of entry into force of this Federal Law, the Government of the Russian Federation on behalf of the federal executive body performing functions on development of state policy and normative legal regulation in the sphere of the budget, tax, insurance, currency, banking activity, having the right to make in 2020 decisions on introduction of the rights of requirements for the specified agreement (agreements) as property fee of the Russian Federation in the authorized capital of the state corporation of development of "ВЭБ.РФ" specified regarding 1 this Article.

Article 2

This Federal Law becomes effective from the date of its official publication.

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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