PRESIDENTIAL DECREE OF THE RUSSIAN FEDERATION

of June 9, 2022 No. 360

About modification of the Presidential decree of the Russian Federation of February 28, 2022 No. 79 "About application of special economic measures in connection with unfriendly actions of the United States of America and the foreign states and the international organizations which adjoined them" and the Presidential decree of the Russian Federation of March 18, 2022 No. 126 "About additional temporary measures of economic nature for ensuring financial stability of the Russian Federation in the field of currency control"

1. Bring in the Presidential decree of the Russian Federation of February 28, 2022 No. 79 "About application of special economic measures in connection with unfriendly actions of the United States of America and the foreign states and the international organizations which adjoined them" (The Russian Federation Code, 2022, No. 10, Art. 1465; Official Internet portal of legal information (www.pravo.gov.ru), 2022, on May 24, No. 0001202205240001) following changes:

a) state Item 2 in the following edition:

"2. Residents - participants of foreign economic activity shall perform sale of the foreign currency enlisted into their accounts in authorized banks based on the contracts in foreign trade signed with nonresidents and providing transfer to nonresidents of goods, rendering services to nonresidents, accomplishment for nonresidents of works, transfer of results of intellectual activities to nonresidents, including exclusive rights on them, in the amount of, determined by Russian Government Commission on Foreign Investments, in time, established by the Board of directors of the Central bank of the Russian Federation.";

b) state Item 4.1 in the following edition:

"4.1. Provide to the Board of directors of the Central bank of the Russian Federation power to determine other, than established according to Item 2 of this Decree, completion date by residents - participants of foreign economic activity of obligation selling foreign currency.".

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