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FEDERAL LAW OF THE RUSSIAN FEDERATION

of May 31, 1999 No. 104-FZ

About the Special economic zone in the Magadan region

(as amended on 22-12-2014)

Accepted by the State Duma on April 23, 1999

Approved by the Federation Council on May 17, 1999

Article 1. Coverage of this Federal Law

This Federal Law governs the relations arising during creation, functioning and the termination of functioning of the Special economic zone in the Magadan region (further - the Special economic zone) taking into account its specific geographical location and value for geopolitical interests of the Russian Federation.

This Federal Law is directed to creating favorable conditions for social and economic development of the Magadan region.

Article 2. Purposes of creation of the Special economic zone and development program of the Special economic zone

Main objectives of creation of the Special economic zone are investment attraction, creation and development of productions, energy and transport infrastructures, development of productive forces, the financial and commodity markets of the Magadan region.

The development program of the Special economic zone affirms the law of the Magadan region.

Article 3. Basic concepts

In this Federal Law the following basic concepts are used:

The special economic zone - the territory which is located in administrative borders of the city of Magadan and in which according to this Federal Law the particular legal regime of economic activity is set and is applied customs procedure of free customs zone;

administration of the Special economic zone - the executive body of the Magadan region created according to this Federal Law for the organization of interaction of authorities and business entities according to requirements of this Federal Law, and also program implementation of development of the Special economic zone;

The paragraph the fourth ceased to be valid according to the Federal Law of the Russian Federation of 22.12.2014 No. 423-FZ

Other concepts are used in this Federal Law in the values determined by the customs legislation of the Customs union within EurAsEC (further - the Customs union), the international treaties constituting the contractual legal base of the Customs union, the legislation of the Russian Federation on customs affairs and other legislation of the Russian Federation.

Article 3.1. Member of the Special economic zone

1. The member of the Special economic zone the legal entity or the individual entrepreneur registered in accordance with the legislation of the Russian Federation in the territory of the Special economic zone, who concluded is recognized the procedure established by this Federal Law with administration of the Special economic zone provided by the Agreement on questions free (special, special) economic zones in the territory of the Customs union and customs procedure of free customs zone of June 18, 2010 (further - the Agreement on SEZ) the agreement on implementation of activities in the territory of the Special economic zone (further - the agreement on activities implementation) and included in the register of members of the Special economic zone (further - the register).

2. Person intending to receive participant status of the Special economic zone shall conform to the following requirements:

1) it is registered in accordance with the legislation of the Russian Federation in the Special economic zone;

2) stays on the registry in tax authority;

3) performs the main economic activity in the territory of the Magadan region;

At least 75 percent of fixed assets in the territory of the Magadan region have 4) on the property right or other legal cause;

5) is represented by the business plan of implementation of the agreement on activities implementation (further - the business plan) conforming to requirements of this Federal Law;

6) is not performed by activities as credit or insurance company, and also are not professional participant of the security market.

3. The member of the Special economic zone throughout the duration of the agreement about implementation of activities shall conform to requirements, stipulated in Item 2 these Articles, except for the subitem 5 of Item 2 of this Article.

Article 4. Legal regulation of economic activity in the Special economic zone

Public authorities of the Russian Federation and public authorities of the Magadan region perform legal regulation of economic activity in the territory of the Special economic zone according to their competence established by the Constitution of the Russian Federation, the legislation of the Russian Federation and this Federal Law.

The head of administration of the Special economic zone is appointed to position and dismissed by the Magadan region duma on representation of the supreme executive body of the government of the Magadan region.

The particular legal regime of economic activity set by this Federal Law is provided only to members of the Special economic zone.

Business entities receive participants status of the Special economic zone from the date of entering of the corresponding record into the register which conducting is performed by administration of the Special economic zone according to the procedure, established by the law of the Magadan region, taking into account the requirements established according to the customs legislation of the Customs union.

The administration of the Special economic zone enters in the register record about registration of the member of the Special economic zone within three working days from the date of signing of the agreement with it on activities implementation. The procedure for agreement signature about implementation of activities, introduction in it of changes and the terminations of its action is established by this Federal Law.

The administration of the Special economic zone grants to the member of the Special economic zone the registration certificate in day of entering of the corresponding record into the register.

The form of the registration certificate is established by the law of the Magadan region if the single form of such certificate is not determined by the Commission of the Customs union. The law of the Magadan region determines procedure for issue, prolongation of effective period and cancellation, including cancellation, the registration certificate.

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