FEDERAL LAW OF THE RUSSIAN FEDERATION

of November 23, 2007 No. 270-FZ

About the State corporation on assistance to development, production and export of high-technology industrial output Rostec

Accepted by the State Duma on November 9, 2007

Approved by the Federation Council on November 16, 2007

Article 1. The relations regulated by this Federal Law

This Federal Law determines legal status, the purposes of activities, power, procedure for management of activities, procedure for reorganization and liquidation of the State corporation by assistance to development, production and export of high-technology industrial output Rostec (further - Corporation), and also features of transfer of property fee of the Russian Federation to Corporation, including feature of the relations arising in the course of transformation of the federal state unitary enterprises and federal state companies (further also - the companies) in joint-stock companies which shares are subject to transfer as property fee of the Russian Federation.

Article 2. Legal status of Corporation

1. The corporation is the legal entity created by the Russian Federation in form of business of the state corporation.

2. The corporation has seal with the image of the State Emblem of the Russian Federation and with the name, and also heraldic sign - emblem and flag.

3. Full name of Corporation in Russian - the State corporation on assistance to development, production and export of high-technology industrial output Rostec. The abbreviated name in Russian - the Rostec State corporation.

4. Full name of Corporation in English - State Corporationfor Assistance to Development, Productionand Export of Advanced Technology Industrial Product "Rostec". The abbreviated name in English - State Corporation "Rostec".

5. The Corporation location - the city of Moscow.

6. The corporation has the bank account in the Central bank of the Russian Federation, and also has the right to open bank and other accounts in credit institutions. The government of the Russian Federation establishes requirements to the level of credit rating on national rating scale to which there shall correspond credit institutions in which the Corporation has the right to open bank and other accounts and with which the Corporation has the right to sign bank deposit agreements (deposit). The government of the Russian Federation also has the right to establish the differentiated requirements to the level of credit rating and to determine cases in case of which requirements to the level of credit rating are not applied. The government of the Russian Federation establishes the term during which measures for return of the money placed on accounts and deposits in credit institutions which ceased to conform to requirements to the level of credit rating shall be taken by Corporation. The government of the Russian Federation has the right to set limits of investment of funds by Corporation in credit institution percentage of the size of own means (capital) of credit institution depending on the level of the credit score assigned to credit institution on national rating scale or depending on other criterion if requirements to the level of credit rating are not applied. The corporation notifies federal executive body, authorized to perform functions on counteraction of legalization (washing) of income gained in the criminal way, to financing of terrorism, extremist activities and financing of distribution of weapons of mass destruction about each opening, closing, change of foreign bank account details, the conclusion, agreement cancelation of the bank account, bank deposit agreements (deposit) with foreign banks and the introduction of changes in them according to the procedure established by the Government of the Russian Federation. The government of the Russian Federation has the right to establish requirements to foreign banks in which the Corporation has the right to open bank and other accounts and with which the Corporation has the right to sign bank deposit agreements (deposit), and also term during which measures for return of the money placed on accounts and deposits in the foreign banks which ceased to conform to the specified requirements shall be taken by Corporation.

7. The corporation has the right to sign bank account agreements, bank deposit (deposit) with the state corporation of development "ВЭБ.РФ" if it is provided by the Federal Law of May 17, 2007 No. 82-FZ "About the state corporation of development "ВЭБ.РФ".

8. Voided according to the Federal Law of the Russian Federation of 13.12.2024 No. 475-FZ

9. During the term of realization of the Bank of Russia approved by the Board of directors according to the Federal Law of October 26, 2002 No. 127-FZ "About insolvency (bankruptcy)" the plan of participation of the Bank of Russia in implementation of measures for the prevention of bankruptcy of the bank corresponding to the requirements of the last quarter reporting date preceding approval date of the specified plan established according to part 6 of this Article, the Corporation has the right to open bank and other accounts in such bank, to sign with it bank deposit agreements (deposit) regardless of compliance (discrepancy) of such bank to the requirements established according to part 6 of this Article on condition of acceptance by the Board of directors of the Bank of Russia of the decision on guaranteeing going concern of such bank. At the same time in case of establishment by the Government of the Russian Federation of limits of investment of funds by Corporation in credit institutions according to part 6 of this Article the specified limits concerning such bank are determined on the last quarter reporting date preceding approval date the Board of directors of the Bank of Russia of the plan of participation of the Bank of Russia in implementation of measures for the prevention of bankruptcy of such bank. Information on guaranteeing going concern of such bank by the Bank of Russia is posted on the official site of the Bank of Russia on the Internet.

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