Document from CIS Legislation database © 2003-2022 SojuzPravoInform LLC

ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of April 16, 2022 No. 672

About decision making about continuation of the request for limits of the Russian Federation of shares of the Russian issuers which organization of the address about day of entry into force of article 6 of the Federal law "About Introduction of Amendments to the Federal Law "About Joint-stock Companies" and Separate Legal Acts of the Russian Federation" was performed by means of placement according to foreign law of securities of the foreign issuers certifying the rights concerning shares of the Russian issuers

According to part 9 of Article 6 and part 4 of article 7 of the Federal law "About Introduction of Amendments to the Federal Law "About Joint-stock Companies" and Separate Legal Acts of the Russian Federation" Government of the Russian Federation decides:

1. Approve the enclosed Rules of decision making about continuation of the request for limits of the Russian Federation of shares of the Russian issuers which organization of the address about day of entry into force of article 6 of the Federal law "About Introduction of Amendments to the Federal Law "About Joint-stock Companies" and Separate Legal Acts of the Russian Federation" was performed by means of placement according to foreign law of securities of the foreign issuers certifying the rights concerning shares of the Russian issuers.

2. Bring in the Regulations on Russian Government Commission on Foreign Investments approved by the order of the Government of the Russian Federation of July 6, 2008 No. 510 "About Russian Government Commission on Foreign Investments" (The Russian Federation Code, 2008, No. 28, Art. 3382; 2018, No. 16, Art. 2384), following changes:

a) add Item 3 with the paragraph of the following content:

"Decision making about continuation of the request for limits of the Russian Federation of shares of the Russian issuers which organization of the address about day of entry into force of article 6 of the Federal law "About Introduction of Amendments to the Federal Law "About Joint-stock Companies" and Separate Legal Acts of the Russian Federation" was performed by means of placement according to foreign law of securities of the foreign issuers certifying the rights concerning shares of the Russian issuers also belongs to the main objectives of the Commission.";

b) add item 4 with the subitem "d" of the following content:

"e) makes other decisions based on separate acts of the Government of the Russian Federation.".

3. This resolution becomes effective from the date of official publication of the Federal Law "About Introduction of Amendments to the Federal Law "About Joint-stock Companies" and Separate Legal Acts of the Russian Federation".

Russian Prime Minister

M. Mishustin

Approved by the Order of the Government of the Russian Federation of April 16, 2022 No. 672

Rules of decision making about continuation of the request for limits of the Russian Federation of shares of the Russian issuers which organization of the address about day of entry into force of article 6 of the Federal law "About Introduction of Amendments to the Federal Law "About Joint-stock Companies" and Separate Legal Acts of the Russian Federation" was performed by means of placement according to foreign law of securities of the foreign issuers certifying the rights concerning shares of the Russian issuers

1. These rules establish procedure for decision making about continuation of the request for limits of the Russian Federation of shares of the Russian issuers which organization of the address about day of entry into force of article 6 of the Federal law "About Introduction of Amendments to the Federal Law "About Joint-stock Companies" and Separate Legal Acts of the Russian Federation" was performed by means of placement according to foreign law of securities of the foreign issuers certifying the rights concerning shares of the Russian issuers (further - continuation of security circulation of the Russian issuer outside the Russian Federation).

2. The decision, stipulated in Item 1 these rules, is accepted by Russian Government Commission on Foreign Investments (further - the Commission).

3. The Russian issuer having the right no later than 5 working days from the date of entry into force of article 6 of the Federal law "About Introduction of Amendments to the Federal Law "About Joint-stock Companies" and Separate Legal Acts of the Russian Federation" to direct the application for continuation of security circulation of the Russian issuer outside the Russian Federation (further - the statement).

The application is directed by the Russian issuer to the federal executive body performing functions on development of state policy and normative legal regulation in the sphere of the budget, tax, insurance, currency and banking activity (further - authorized body).

4. The statement shall contain the following data:

a) full trade name of the Russian issuer, primary state registration number of the Russian issuer;

b) the size of the authorized capital of the Russian issuer with indication of the number of placed shares and their categories (types);

c) specifying on availability of share of the Russian Federation, the subject of the Russian Federation, the municipality in the authorized capital of the Russian issuer, and also the size of such share;

d) full trade name of depositary in which the account of depositary programs is opened;

e) person to whom the custody account of depositary programs is opened;

e) the name of the foreign exchange at which shares of the Russian issuer, and also the country of the location of the foreign exchange address;

g) registration number (code) of issue of securities, issued by the foreign issuer, certifying the rights concerning the shares of the Russian issuer circulating outside the Russian Federation, appropriated according to requirements of foreign state;

h) the number of the securities issued by the foreign issuer, certifying the rights concerning the shares of the Russian issuer placed on the foreign exchange;

i) reasons for continuation of security circulation of the Russian issuer outside the Russian Federation.

5. The following documents are enclosed to the application:

a) the charter of the Russian issuer (with all changes to it);

b) the document containing the information about beneficiaries, beneficial owners and person exercising control over the Russian issuer;

c) accounting (financial) records of the Russian issuer on the last reporting date preceding date of submission of the statement and also audit opinion to it (in the presence);

d) data on book value of assets of the Russian issuer on the last reporting date preceding date of submission of the statement.

6. The statement and documents specified in Item 5 of these rules are presented in the stitched form, signed by the authorized person and certified by seal (in the presence) the Russian issuer.

7. The inventory of the directed documents is enclosed to the application.

Warning!!!

This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

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

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.