ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of April 21, 2006 No. 233

About standard rates of assessment of financial stability of activities of the builder

According to article 23 of the Federal law "About Participation in Shared-equity Construction of Apartment Houses and Other Real Estate Objects and about Modification of Some Legal Acts of the Russian Federation" Government of the Russian Federation decides:

1. Approve the enclosed Regulations on standard rates of assessment of financial stability of activities of the builder.

2. Ceased to be valid

3. Establish the following standard rates of assessment of financial stability of activities of the builder:

the standard rate of security of obligations - at least 1;

the standard rate of target use of means - no more than 1;

the standard rate of profitability - at least 1.

4. To the Federal Service for Financial Markets in coordination with the Ministry of Finance of the Russian Federation to approve in the 3-month time of the instruction about procedure of payments:

size of own money of the builder;

standard rate of security of obligations;

standard rate of target use of means;

standard rate of profitability.

5. Determine that Items 2 and 3 of this resolution become effective since January 1, 2007.

Approved by the Order of the Government of the Russian Federation of April 21, 2006 No. 233

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