INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of July 16, 2020 No. 5505-U

About modification of the Provision of the Bank of Russia of September 19, 2014 No. 431-P "About rules of obligatory civil liability insurance of owners of vehicles"

Based on Article 5 and Item 11 of article 15 of the Federal Law of April 25, 2002 No. 40-FZ "About obligatory civil liability insurance of owners of vehicles" (The Russian Federation Code, 2002, No. 18, Art. 1720; 2019, No. 18, Art. 2212; 2020, No. 17, Art. 2727):

1. Bring in the Provision of the Bank of Russia of September 19, 2014 No. 431-P "About rules of obligatory civil liability insurance of owners of vehicles", registered by the Ministry of Justice of the Russian Federation on October 1, 2014 No. 34204, on June 17, 2015 No. 37679, on December 29, 2016 No. 45036, on April 28, 2017 No. 46531, on November 15, 2017 No. 48901, on March 5, 2018 No. 50253, on May 11, 2018 No. 51058, on July 16, 2019 No. 55279, on October 30, 2019 No. 56358 (further - the Provision of the Bank of Russia No. 431-P), the following changes.

1.1. In appendix 1:

1.1.1. Item 1.8 in paragraph six:

in the first offer of the word", stipulated in Item 1.11 these rules" shall be replaced with words "identifications according to Item 1.11 of these rules of their unauthenticity in case of the conclusion of the agreement of compulsory insurance in the form of the electronic document";

in the second offer of the word "also it is used in case of the conclusion of the agreement of compulsory insurance for new term for application of the corresponding coefficient of insurance rates" to exclude.

1.1.2. In Item 1.11:

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