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ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of January 18, 2017 No. 30

About approval of Rules of provision of subsidies from the federal budget to the organizations of the light and textile industry on compensation of part of costs for interest payment on the credits obtained in the Russian credit institutions in 2013 - 2019, for implementation of new investment projects on modernization and recognition voided some acts of the Government of the Russian Federation

(as amended on 18-05-2019)

The government of the Russian Federation decides:

1. Approve the enclosed Rules of provision of subsidies from the federal budget to the organizations of the light and textile industry on compensation of part of costs for interest payment on the credits obtained in the Russian credit institutions in 2013 - 2019 for implementation of new investment projects on modernization.

2. Recognize invalid:

the order of the Government of the Russian Federation of August 12, 2013 No. 687 "About approval of Rules of provision of subsidies from the federal budget to the organizations of the light and textile industry on compensation of part of costs for interest payment on the credits obtained in the Russian credit institutions in 2013 - 2015 on implementation of new investment projects on modernization" (The Russian Federation Code, 2013, No. 33, the Art. 4388);

the order of the Government of the Russian Federation of January 3, 2014 No. 4 "About approval of Rules of provision of subsidies from the federal budget to the organizations of the light and textile industry on compensation of part of costs for implementation of investment projects on upgrade and creation of productions in the sphere of textile and light industry, including linen complex, within the subprogramme "Light industry and national art crafts of" the state program of the Russian Federation "Development of the industry and increase in its competitiveness" (The Russian Federation Code, 2014, 3, the Art. 273);

Item of 171 changes which are made to acts of the Government of the Russian Federation in connection with abolition of Federal Service for Financial and Budgetary Supervision, approved by the order of the Government of the Russian Federation of May 25, 2016 No. 464 "About introduction of amendments to some acts of the Government of the Russian Federation in connection with abolition of Federal Service for Financial and Budgetary Supervision" (The Russian Federation Code, 2016, No. 24, the Art. 3525).

Russian Prime Minister

D. Medvedev

Approved by the Order of the Government of the Russian Federation of January 18, 2017 No. 30

Rules of provision of subsidies from the federal budget to the organizations of the light and textile industry on compensation of part of costs for interest payment on the credits obtained in the Russian credit institutions in 2013 - 2019 for implementation of new investment projects on modernization

1. These rules establish conditions, the purposes and procedure for provision of subsidies from the federal budget to the organizations of the light and textile industry (further - the organizations) on compensation of part of costs for interest payment on the credits obtained in the Russian credit institutions in 2013 - 2019 for implementation of new investment projects on modernization (further respectively - the investment project, subsidy).

2. To subsidizing percent on the credits obtained not earlier than January 1, 2013 on implementation of the investment projects performed after January 1, 2013 are accepted.

3. The investment project conforms to the following requirements:

a) the purpose of the investment project is the organization of new production of the light and textile industry or expansion (upgrade) of the operating production of the light and textile industry;

b) implementation of the investment project provides the following expenses of investment nature:

acquisition or long-term lease of the parcels of land under creation of new production capacities (if necessary);

construction, reconstruction or upgrade of factory buildings and constructions necessary for implementation of the investment project;

acquisition, construction, production, delivery of fixed assets, including payment of customs duties and customs fees, and also construction and commissioning;

reconstruction, upgrade and modernization of the operating production capacities of the organizations;

ensuring accomplishment of regulations of industrial and ecological safety;

acquisition and implementation of systems of automation of production and operation management;

c) the size of the borrowing facilities raised by the organization on implementation of the investment project constitutes no more than 80 percent of total cost of the investment project;

d) the term of implementation of the investment project according to the business plan of the investment project constitutes no more than 7 years and comes to the end with input of production capacities in operation.

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