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ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of May 26, 2020 No. 753

About the state guarantee of the Russian Federation according to obligations of the Russian legal entities on satisfaction of the requirements of the state corporation of development of "ВЭБ.РФ" arising in connection with execution of guarantees of the state corporation of development of "ВЭБ.РФ"

(as amended of the Order of the Government of the Russian Federation of 05.06.2020 No. 824)

The government of the Russian Federation decides:

1. Approve the enclosed Rules of provision of the state guarantee of the Russian Federation according to obligations of the Russian legal entities on satisfaction of the requirements of the state corporation of development of "ВЭБ.РФ" arising in connection with execution of guarantees of the state corporation of development of "ВЭБ.РФ" (further - Rules).

2. Provide in 2020 according to the procedure and on conditions which are established by Rules, the state guarantee of the Russian Federation for the amount to 220 billion rubles for a period of up to March 31, 2025 inclusive for benefit of the state corporation of development "ВЭБ.РФ" (INN 7750004150, PSRN 1077711000102, Prospekt Academician Sakharov, 9, Moscow, 107078, Russia) (further - the state corporation) in ensuring execution to 100 percent of the Rules of monetary commitments of the principals selected according to Items 8 and 9 of Rules specified in Item 2 (further - the state guarantee of the Russian Federation).

3. To the Ministry of Finance of the Russian Federation in 2020 according to Rules to sign the agreement on provision of the state guarantee of the Russian Federation with the state corporation and to issue the state guarantee of the Russian Federation.

4. To the Ministry of Finance of the Russian Federation in case of project development of the Federal Law on the federal budget for the next financial year and planning period to provide budgetary appropriations on obligation fulfillment on the state guarantee of the Russian Federation.

5. Charge to the state corporation to perform in 2020 functions of the agent of the Government of the Russian Federation concerning provision of the state guarantee of the Russian Federation, maintenance, administration and execution of the provided state guarantee of the Russian Federation, including concerning conducting analytics of the provided state guarantee of the Russian Federation, obligations of the principals and other persons arising in connection with provision and execution of the state guarantee of the Russian Federation.

6. This resolution becomes effective from the date of its official publication.

Russian Prime Minister

M. Mishustin

Approved by the Order of the Government of the Russian Federation of May 26, 2020 No. 753

Rules of provision of the state guarantee of the Russian Federation according to obligations of the Russian legal entities on satisfaction of the requirements of the state corporation of development of "ВЭБ.РФ" arising in connection with execution of guarantees of the state corporation of development of "ВЭБ.РФ"

1. These rules establish procedure and conditions of provision in 2020 for the state guarantee of the Russian Federation in currency of the Russian Federation (further - the state guarantee) according to obligations of the Russian legal entities selected according to Items 8 and 9 of these rules (further - principals), before the state corporation of development "ВЭБ.РФ" (further - the state corporation) arising in connection with execution of the guarantees provided by the state corporation in 2020 in currency of the Russian Federation in ensuring obligation fulfillment of the principals who are borrowers on the loans granted by the Russian banks (further - creditors) in 2020 in currency of the Russian Federation for a period of up to 36 months on the purposes specified in Item 6 of these rules (further respectively - the credits, credit agreements), on return of the amounts of the credits (repayment of principal debt) to the term established by credit agreements, in amount to 50 percent of the specified obligations of principals (borrowers) to creditors (further - guarantees of the state corporation, guarantee agreements of the state corporation), and also procedure and conditions of obligation fulfillment on the state guarantee.

2. The state guarantee is provided according to Article 115.1-2 of the Budget code of the Russian Federation for benefit of the state corporation in ensuring execution in the time of monetary commitments of principals established by guarantee agreements of the state corporation on compensation of the state corporation in full of the amounts paid by the state corporation for benefit of creditors in accordance with the terms of guarantees of the state corporation in connection with non-execution of obligations of principals on return of the amounts of the credits (repayment of principal debt) according to credit agreements in the time established by credit agreements. The state guarantee provides up to 100 percent of the specified obligations of principals to the state corporation.

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