ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of March 26, 2022 No. 479

About establishment of features of application of penalty (penalty, penalty fee), other financial sanctions, and also other measures of responsibility for non-execution or improper execution of the agreement obligations of participation in shared-equity construction established by the legislation on shared-equity construction

The government of the Russian Federation decides:

1. Establish the following features of application of penalty (penalty, penalty fee), other financial sanctions, and also other measures of responsibility for non-execution or improper execution of the agreement obligations of participation in shared-equity construction established by the legislation on shared-equity construction:

during charge of penalty (penalty fee) under agreements of participation in shared-equity construction provided by part 6 of Article 5 and part 2 of article 6 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" the period estimated from the date of entry into force of this resolution till June 30, 2023 inclusive does not join;

in case of determination of the size of losses, the stipulated in Article 10 Federal Laws "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", the losses caused during the period from the date of entry into force of this resolution till June 30, 2023 inclusive are not considered;

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