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FEDERAL LAW OF THE RUSSIAN FEDERATION

of July 19, 2007 No. 139-FZ

About Russian Corporation of Nanotechnologies

(as amended on on May 31, 2010)

Accepted by the State Duma on July 4, 2007

Approved by the Federation Council on July 6, 2007

Chapter 1. Basic provisions

Article 1. The relations regulated by this Federal Law

This Federal Law establishes legal status, the principles of the organization, the purpose of creation and activities, procedure for management of activities, procedure for reorganization and liquidation of Russian Corporation of Nanotechnologies (further - Corporation).

Article 2. Legal status of Corporation

1. The corporation is the state corporation created by the Russian Federation.

2. The corporation has seal with the image of the State Emblem of the Russian Federation and with the name.

3. The location of Corporation is the city of Moscow.

4. Full name of Corporation in Russian yazykegosudarstvenny corporation "Russian Corporation of Nanotechnologies". The abbreviated name of Corporation in Russian - Rusnanotech Group. Full name of Corporation in English of "Russian Corporation of Nanotechnologies". The abbreviated name of Corporation in English - "RCNT".

5. The corporation has the bank account in the Central bank of the Russian Federation, and also has the right to open other bank accounts in the territory of the Russian Federation and beyond its limits in the procedure established by the legislation of the Russian Federation.

Article 3. Purposes of activities and function of Corporation

1. The corporation is effective for the purpose of assistance of realization of state policy in the sphere of nanotechnologies, development of innovative infrastructure in the sphere of nanotechnologies, projects implementation of creation of perspective nanotechnologies and nanotech industry.

2. The corporation has the right to perform business activity only so far as it serves goal achievement, 1 this Article established by part, and answers these purpose. The profit of Corporation got by results of its activities is subject to the direction only on goal achievement, 1 this Article established by part.

3. The corporation for goal achievement of the activities realizes the following main functions:

1) considers projects in the sphere of nanotechnologies for the purpose of the subsequent provision of financial support at the expense of means of Corporation;

2) performs organizational and financial support of research and developmental developments in the sphere of nanotechnologies;

3) is performed by financing of projects in the sphere of the nanotechnologies providing implementation of nanotechnologies or production in the sphere of nanotech industry;

4) is performed by financing of projects on training of specialists in the sphere of nanotechnologies;

4. 1) raises borrowed funds, including performs bond emission in the presence of the providing conforming to the requirements established by the legislation of the Russian Federation on securities;

5) is performed by monitoring of projects implementation in the sphere of the nanotechnologies financed by means of Corporation;

6) performs other functions according to the Federal Laws and other regulatory legal acts of the Russian Federation.

Article 4. Legal regulation of activities of Corporation

1. Activities of Corporation are regulated by this Federal Law and other regulatory legal acts of the Russian Federation.

2. Provisions of Items 3, of 5, of 7, of the 10 and 14 article 32 of the Federal Law of January 12, 1996 N7-FZ "About Non-profit Organizations" regulating procedure of control of activities of non-profit organizations do not extend to Corporation.

3. Functions, powers and procedure for activities of the supervisory board of Corporation are determined by this Federal Law.

4. Functions, powers and procedure for activities of other bodies of Corporation are determined by this Federal Law and regulations on bodies of Corporation approved on its basis by the supervisory board of Corporation.

5. Provisions of the Federal Law of October 26, 2002 of N127-FZ "About Insolvency (Bankruptcy)" do not extend to Corporation.

Article 5. Property of Corporation

1. The property of Corporation is created at the expense of property fee of the Russian Federation, income gained from activities of Corporation, voluntary property contributions and donations and also due to other legal receipts and is property of Corporation. The corporation has the right to transfer to the possession of the Russian Federation means in the amount of, not exceeding the size of the property fee of the Russian Federation transferred to Corporation according to the procedure, established by the Government of the Russian Federation.

2. The Russian Federation does not answer for obligations Corporation, and the Corporation does not answer for obligations the Russian Federation.

3. The corporation uses the property only for goal achievement for the sake of which it is created.

4. The corporation for goal achievement for the sake of which it is created creates as a part of the property reserve fund and other trust funds according to the procedure and the sizes which are determined by the supervisory board of Corporation.

5. For goal achievement, provided by this Federal Law, the Corporation has the right to create other non-profit organizations at the expense of the property and to enter associations and the unions on the conditions determined by the supervisory board of Corporation.

Article 6. Relations of the President of the Russian Federation, public authorities and local government bodies with Corporation

1. Federal bodies of the government, public authorities of subjects of the Russian Federation, local government bodies have no right to interfere with activities of Corporation, except as specified, provided by the Federal Laws.

2. The president of the Russian Federation appoints to position and dismisses the CEO of Corporation.

3. Government of the Russian Federation:

1) appoints to position and dismisses members of the supervisory board of Corporation, including the chairman of the supervisory board of Corporation, except for the CEO of Corporation who is part of the supervisory board of Corporation on position;

2) is determined by amount of remuneration of the CEO of Corporation;

3) determines the directions, procedure and conditions of investment of temporarily available funds of Corporation, and also the extreme size of the invested temporarily available funds of Corporation.

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