PRESIDENTIAL DECREE OF THE RUSSIAN FEDERATION

of April 8, 2024 No. 249

About modification of the Presidential decree of the Russian Federation of October 7, 2022 No. 723 "About application of additional special economic measures in the fuel and energy sphere in connection with unfriendly actions of some foreign states and the international organizations"

1. Bring in the Presidential decree of the Russian Federation of October 7, 2022 No. 723 "About application of additional special economic measures in the fuel and energy sphere in connection with unfriendly actions of some foreign states and the international organizations" (The Russian Federation Code, 2022, No. 41, Art. 7055; 2023, No. 15, Art. 2664) following changes:

a) to state the subitem "z" of Item 1 in the following edition:

"h) the share in the authorized capital of society which transfer according to subitems "e" and "zh" of this Item was not performed to the foreign party of consortium is subject to assessment by the Government of the Russian Federation and sale in the procedure established by the Government of the Russian Federation to the Russian legal entity corresponding to the criteria determined by the Government of the Russian Federation. The specified assessment and sale of share are performed by the Government of the Russian Federation no later than January 1, 2025;";

b) in Item 9 of the word "in 12-month time" shall be replaced with words "no later than January 1, 2025".

2. This Decree becomes effective from the date of its official publication.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info