ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of July 6, 2008 No. 510

About Russian Government Commission on Foreign Investments

According to the Federal Law "About Procedure of Foreign Investments in the Economic Societies Having Strategic Importance for Ensuring Defense of the Country and Safety of the State" Government of the Russian Federation decides:

1. Form Russian Government Commission on Foreign Investments.

2. Approve the enclosed Regulations on Russian Government Commission on Foreign Investments.

3. Determine that Federal Antimonopoly Service is the federal executive body authorized on accomplishment of functions on control of implementation of foreign investments in the Russian Federation.

4. Federal Antimonopoly Service together with the Ministry of Economic Development of the Russian Federation and the Ministry of Finance of the Russian Federation to provide in accordance with the established procedure offers on modification of Orders of the Government of the Russian Federation of April 7, 2004 to No. 189 "Questions of Federal Antimonopoly Service" and of June 30, 2004 No. 331 "About approval of the Regulations on Federal Antimonopoly Service".

Approved by the Order of the Government of the Russian Federation of July 6, 2008 No. 510

Regulations on Russian Government Commission on Foreign Investments

1. Russian Government Commission on Foreign Investments (further - the Commission) is formed according to the Federal Law "About Procedure of Foreign Investments in the Economic Societies Having Strategic Importance for Ensuring Defense of the Country and Safety of the State" for control of implementation of foreign investments in the economic societies having strategic importance for ensuring defense of the country and safety of the state (further - the economic societies having strategic importance).

2. The commission in the activities is guided by the Constitution of the Russian Federation, the Federal constitutional Laws, the Federal Laws, acts of the President of the Russian Federation and the Government of the Russian Federation, and also this Provision.

3. The main objectives of the Commission are:

a) preliminary coordination according to the Federal Law "About Procedure of Foreign Investments in the Economic Societies Having Strategic Importance for Ensuring Defense of the Country and Safety of the State":

the transactions involving establishment of control of the foreign investor or group of persons which the foreign investor enters (further - group of persons) over the economic societies having strategic importance and other transactions of the foreign investor or group of persons concerning the economic societies having strategic importance, which are subject to preliminary coordination by the Commission according to the Federal Law "About Procedure of Foreign Investments in the Economic Societies Having Strategic Importance for Ensuring Defense of the Country and Safety of the State";

other actions as a result of which the foreign investor or group of persons acquire the right to determine decisions of governing bodies of the economic society having strategic importance, including conditions of implementation of business activity by it;

the transactions providing acquisition in property, ownership or use of property which belongs to the main production means of the economic society having strategic importance and which cost constitutes 25 and more percent determined on the last reporting date according to its accounting (financial) records of book value of assets of such economic society;

receipts of the right to production (catch) of water biological resources by the economic society having strategic importance, being under control of the foreign investor or group of persons in cases if such economic society or in total such economic society and persons entering one group of persons with such economic society have based on the agreement and (or) the decisions of public authority provided by the Federal Law "About Fishery and Preserving Water Biological Resources", and (or) as a result of transition of the right to production (catch) of water biological resources to specified persons according to the procedure of universal succession (further - transaction and (or) receipt of the decision, the water biological resources involving provision of the right to production (catch)) the right (rights) to production (catch) of certain types of water biological resources which list affirms the Government of the Russian Federation, in all areas of their production (catch) in borders of fishery basin in volume of general admissible catch of the specified water biological resources, distributed in relation to types of quotas, in the amount of more than 35 total percent of amount of general admissible catch of the corresponding type of water biological resources established according to the Federal Law "About Fishery and Preserving Water Biological Resources" in areas of production (catch) in borders of fishery basin;

transactions and (or) receipt of the decisions involving provision of the right to production (catch) of water biological resources to the economic society which is under control of the foreign investor or group of persons, not having the right to production (catch) of water biological resources and planning to address for provision of this right in relevant organ of the government;

b) coordination according to the Federal Law "About Procedure of Foreign Investments in the Economic Societies Having Strategic Importance for Ensuring Defense of the Country and Safety of the State":

establishments of control of the foreign investor or group of persons over the economic societies having strategic importance;

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