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FEDERAL LAW OF THE RUSSIAN FEDERATION

of July 29, 2018 No. 246-FZ

About introduction of amendments to the Federal law "About Currency Control and Currency Exchange Control"

Accepted by the State Duma on July 12, 2018

Approved by the Federation Council on July 24, 2018

Article 1

Bring in the Federal Law of December 10, 2003 No. 173-FZ "About currency control and currency exchange control" (The Russian Federation Code, 2003, No. 50, Art. 4859; 2005, No. 30, Art. 3101; 2007, No. 1, Art. 30; No. 29, Art. 3480; 2008, No. 30, Art. 3606; 2010, No. 47, Art. 6028; 2011, No. 7, Art. 905; No. 29, Art. 4291; No. 30, Art. 4584; No. 48, Art. 6728; No. 50, Art. 7348, 7351; 2013, No. 27, Art. 3447; No. 30, Art. 4084; 2014, No. 11, Art. 1098; No. 45, Art. 6154; 2015, No. 27, Art. 3972, 4001; No. 48, Art. 6716; 2016, No. 1, Art. 50; No. 27, Art. 4218; 2017, No. 30, Art. 4456; No. 47, Art. 6851; 2018, No. 1, Art. 11; No. 11, Art. 1579; No. 15, Art. 2035; No. 22, Art. 3041) following changes:

Part 1 of Article 9 to add 1) with Item 29 of the following content:

"29) transactions on payment of insurance premium, payment of insurance indemnity for insurance contracts of export loans and investments from the entrepreneurial and (or) policy risks, transactions on payment of remuneration and payment of foreign currency for the transactions providing obligation fulfillment of the nonresident according to the agreement in foreign trade (contract) provided by the established Government of the Russian Federation according to the Federal Law of May 17, 2007 No. 82-FZ "About development bank" procedure of activities for insurance and providing export loans and investments from entrepreneurial and (or) policy risks.";

2) in Article 19:

a) in part 1.1:

the paragraph one after words of "foreign trade activity" to add with the words "and (or) by provision by residents to nonresidents of loans";

add with Item 3 following of content:

"3) about completion dates nonresidents of obligations on return of the loans granted them by residents in accordance with the terms of loan agreements.";

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