FEDERAL LAW OF THE RUSSIAN FEDERATION

of June 11, 2022 No. 163-FZ

About modification of article 25 of the Federal law "About Privatization of the State-owned and Municipal Property"

Accepted by the State Duma on May 25, 2022

Approved by the Federation Council on June 8, 2022

Bring in article 25 of the Federal Law of December 21, 2001 No. 178-FZ "About privatization of the state-owned and municipal property" (The Russian Federation Code, 2002, No. 4, Art. 251; 2003, No. 9, Art. 805; 2007, No. 7, Art. 834; 2015, No. 27, the Art. 3971) change, having added with its Item 1.1 of the following content:

"1.1. As contribution of the Russian Federation to the authorized capital of joint-stock company which 100 percent of shares are in property of the Russian Federation 100 percent of shares of other joint-stock company can be brought. The restriction set by the paragraph the second Item 2 of article 10 of the Federal Law of December 26, 1995 No. 208-FZ "About joint-stock companies" does not extend to other joint-stock company specified in this paragraph.

Privatization of 100 percent of the shares of the main joint-stock company which are in property of the Russian Federation in which property there are 100 percent of shares of affiliated joint-stock company can be performed only in case of the termination of participation of the main joint-stock company in such affiliated joint-stock company or if the main joint-stock company stopped being the single shareholder of such affiliated joint-stock company.".

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