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FEDERAL LAW OF THE RUSSIAN FEDERATION

of February 27, 2003 No. 29-FZ

About features of management and the order of property of rail transport

(as amended on 23-11-2020)

Accepted by the State Duma on February 7, 2003

Approved by the Federation Council on February 12, 2003

Article 1. Coverage of this Federal Law

This Federal Law establishes organization-legal features of privatization of property of federal rail transport, and also management and the order of property of rail transport.

Article 2. Basic concepts

For the purposes of this Federal Law the following basic concepts are used:

the organizations federal railway the transportagosudarstvenny unitary enterprises and public institutions which are under authority of federal executive body in the field of rail transport;

property federal railway transportaimushchestvenny complexes of the state unitary enterprises and property of the public institutions which are under authority of federal executive body in the field of rail transport (including property of social appointment);

single business entity - the Russian Railways open joint stock company created in the course of privatization of property of federal rail transport.

Article 3. Privatization of property of federal rail transport

1. Privatization of property of federal rail transport is performed in accordance with the legislation of the Russian Federation about privatization taking into account the features established by this Federal Law.

2. In the course of privatization of property of federal rail transport the single business entity by withdrawal of property at the organizations of federal rail transport and its entering into the authorized capital of single business entity is created.

In the course of privatization of property of federal rail transport which on the bases provided by this Federal Law is not brought in the authorized capital of single business entity other open joint stock companies in accordance with the legislation of the Russian Federation can be created.

Article 4. Single business entity

1. Founder of single business entity is the Russian Federation.

The decision on organization of single business entity is made by the Government of the Russian Federation.

The charter of single business entity affirms the Government of the Russian Federation.

2. The authorized capital of single business entity is created by entering of property into it of federal rail transport.

The list of the organizations of federal rail transport which property is subject to entering into the authorized capital of single business entity, and also the forecast plan (program) of privatization of federal property affirms the Government of the Russian Federation.

The property of the organizations of federal rail transport which is directly not connected with the organization of train service and shunting work on rail transport and ensuring emergency recovery operations on rail transport (the industrial, repair, construction bodies, the organizations of trade) can not be brought in the authorized capital of single business entity if the following conditions are complied:

the organization is not the single supplier of goods, works and services for rail transport;

the organization has along with the organizations of federal rail transport of other customers and other market of the products;

allocation of property of the organization from structure of the property of federal rail transport brought in the authorized capital will not lead to growth of costs on rail transport, to increase in rates for services of rail transport and deterioration in social security of workers of rail transport.

3. The size of the authorized capital of single business entity at the time of its creation is determined by the Government of the Russian Federation, proceeding from the cost of privatizeable assets of the organizations of federal rail transport, but there cannot be above book value of the stated assets determined in accordance with the legislation of the Russian Federation and specified in the summary transfer act.

The parcels of land, except for the parcels of land provided for placement of the objects of federal rail transport limited in turnover according to Item 1 of article 8 of this Federal Law, and also the parcels of land on which railway stations and railway stations are placed are brought in the authorized capital of single business entity according to the procedure and on conditions which are established by the legislation of the Russian Federation.

The parcels of land provided for placement of the objects of federal rail transport limited in turnover according to Item 1 of article 8 of this Federal Law and also the parcels of land on which railway stations and railway stations are placed are federal property. Entering of the specified parcels of land into the authorized capital of single business entity is not allowed.

The procedure and conditions of use of the parcels of land which are federal property are established by the Government of the Russian Federation in accordance with the legislation of the Russian Federation.

The rent for use of the parcels of land which are federal property and provided for placement and operation of objects of rail transport shall not exceed the rate of the land tax established by the legislation of the Russian Federation on the parcels of land located on strips of withdrawal of the railroads.

Entering of real estate of the organizations of federal rail transport into the authorized capital of single business entity is performed without advance state registration of the property right of the Russian Federation, the right of economic maintaining or the right of operational management of the organizations of federal rail transport to the specified property. The basis of state registration of such property is the summary transfer act.

4. Forming of the authorized capital of single business entity is performed based on the summary transfer act.

The summary transfer act and its form affirm jointly federal executive body on management of state-owned property, federal executive body on regulation of natural monopolies on transport and federal executive body in the field of rail transport.

The summary transfer statement is drawn up on the basis of the generalized data of the transfer statements attached to it which are drawn up on property of each organization of federal rail transport which property is brought in the authorized capital of single business entity.

5. For the purpose of creation of transfer acts based on the joint solution of federal executive body on management of state-owned property and federal executive body in the field of rail transport inventory-taking groups are created.

6. Obligations and the rights according to obligations of the organizations of federal rail transport which property is brought in the authorized capital of single business entity concerning their creditors and debtors are transferred to single business entity on the basis of the summary transfer act in accordance with the legislation of the Russian Federation.

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