FEDERAL LAW OF THE RUSSIAN FEDERATION

of December 30, 2015 No. 422-FZ

About features of repayment and extrajudicial settlement of debt of the borrowers living in the territory of the Republic of Crimea or in the territory of the federal city of Sevastopol and introduction of amendments to the Federal law "About Protection of Interests of the Physical Persons Having Deposits in Banks and the Isolated Structural Divisions of the Banks Registered and (or) Operating in the territory of the Republic of Crimea and in the territory of the Federal City of Sevastopol"

Accepted by the State Duma on December 23, 2015

Approved by the Federation Council on December 25, 2015

Article 1

1. The debt of the physical persons including performing business activity without formation of legal entity, taking the residence in the territory of the Republic of Crimea or in the territory of the federal city of Sevastopol (further - borrowers), according to the credit agreements signed with the banks operating in the territory of the Republic of Crimea and (or) in the territory of the federal city of Sevastopol on which the National Bank of Ukraine made the decision on the termination of their activities (closing of their separate divisions) in the territory of the Republic of Crimea and (or) in the territory of the federal city of Sevastopol (further - the banks operating in the territory of the Republic of Crimea and (or) in the territory of the federal city of Sevastopol) is settled according to the procedure, established by the Federal Laws taking into account the features established by this Federal Law.

2. Operation of this Federal Law extends to legal relationship on debt collection of borrowers before the banks operating in the territory of the Republic of Crimea and (or) in the territory of the federal city of Sevastopol, persons having the right to require debt repayment according to this Federal Law.

3. For the purpose of this Federal Law persons having the right to require debt repayment are understood as the credit institutions or legal entities which are not credit institutions created in accordance with the legislation of the Russian Federation (further - legal entities) which have rights to require debt repayment, arisen from credit agreements.

4. The size of debt of borrowers on the credit agreements signed with the banks operating in the territory of the Republic of Crimea and (or) in the territory of the federal city of Sevastopol is determined for March 18, 2014 and decreases by the size of the money paid by borrowers after this date in repayment of obligations (including percent, penalty (penalties, penalty fee) on the corresponding credit agreements.

5. For the purpose of this Federal Law provided by the credit agreements signed with the banks operating in the territory of the Republic of Crimea and (or) in the territory of the federal city of Sevastopol, interest for using loan money, penalty (penalties, penalty fee) after March 18, 2014 are not considered in case of determination of the size of debt of borrowers.

6. Repayment by borrowers according to this Federal Law of debt on the credit agreements signed with the banks operating in the territory of the Republic of Crimea and (or) in the territory of the federal city of Sevastopol in the amount determined according to this Federal Law stops in full their obligations according to the corresponding credit agreements.

7. The payments directed to repayment of this Article of debt of borrowers on the credit agreements signed with the banks operating in the territory of the Republic of Crimea and (or) in the territory of the federal city of Sevastopol determined according to part 4 are performed in currency of the Russian Federation (further - ruble). If the payment currency provided by the credit agreement signed with the bank operating in the territory of the Republic of Crimea and (or) in the territory of the federal city of Sevastopol is not the ruble, then the amount which is subject to payment in debt repayment is determined by the rate of the corresponding currency established by the Bank of Russia for March 18, 2014 in relation to ruble.

8. Borrowers pay debt on the credit agreements signed with the banks operating in the territory of the Republic of Crimea and (or) in the territory of the federal city of Sevastopol, to persons having the right to require debt repayment, in any manner at discretion, and in the presence of disagreements with persons having the right to require debt repayment, - according to the procedure, the stipulated in Clause 2 presents of the Federal Law.

8.1. In case of presentation to the borrower of the requirement about debt repayment, arisen from obligations to the banks operating in the territory of the Republic of Crimea and (or) in the territory of the federal city of Sevastopol, the borrower has the right to send to autonomous nonprofit organization "Fund of Protection of Investors" (further - Fund) the written notice of refusal of interaction with persons having the right to require debt repayment, and about readiness of settlement of disagreements with these persons only according to the procedure, the stipulated in Clause 2 presents of the Federal Law (further - the notification of the borrower).

8.2. The notification of the borrower shall contain the following information:

1) the name of person having the right to require debt repayment and addressed with such requirement to the borrower;

2) the location and the address of person having the right to require debt repayment and addressed with such requirement to the borrower (in the presence of such information);

3) information on person who is the representative of person having the right to require debt repayment (in the presence of such information);

4) bank names which acted on the territory of the Republic of Crimea and (or) in the territory of the federal city of Sevastopol and with which the borrower signed credit agreements;

5) numbers and dates of the credit agreements signed by the borrower with the banks operating in the territory of the Republic of Crimea and (or) in the territory of the federal city of Sevastopol;

6) size of debt on each credit agreement;

7) consent to processing of the personal data and provision to their third parties only for the purpose of settlement of debt.

8.3. The fund leads up information specified in Items 1 - 7 parts 8.2 of this Article, within five working days from the date of receipt of the notification of the borrower to person having the right to require debt repayment and addressed with such requirement to the borrower and notifies him on obligation to file in Fund the petition in writing for settlement of disagreements provided by part 1 of article 2 of this Federal Law.

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