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FEDERAL LAW OF THE RUSSIAN FEDERATION

of May 25, 2020 No. 160-FZ

About introduction of amendments to article 1 of the Federal Law "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

Accepted by the State Duma on May 13, 2020

Approved by the Federation Council on May 20, 2020

Article 1

Bring in article 1 of the Federal Law 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 (The Russian Federation Code, 2020, No. 12, of the Art. 1641) of change, having added with its parts 3 and 4 of the following content:

"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 field of 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.

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