ORDER OF THE FEDERAL SERVICE FOR FINANCIAL MARKETS OF THE RUSSIAN FEDERATION

of December 15, 2009 No. 09-58/pz-n

About approval of the Regulations on procedure for repayment of hypothecation certificates of participation

According to Item 1 of article 43 of the Federal Law of 11.11.2003 N 152-FZ "About mortgage securities" (The Russian Federation Code, 2003, N 46, Art. 4448; 2005, N 1, Art. 19; 2006, N 31, the Art. 3440) and the Regulations on the Federal Service for Financial Markets approved by the order of the Government of the Russian Federation of 30.06.2004 N 317 (The Russian Federation Code, 2004, N 27, Art. 2780; 2005, N 33, Art. 3429; 2006, N 13, Art. 1400; N 52, of Art. 5587; 2007, N 12, Art. 1417; 2008, N 19, Art. 2192; N 46, of Art. 5337; 2009, N 3, Art. 378; To N 6, of the Art. 738), I order:

approve the enclosed Regulations on procedure for repayment of hypothecation certificates of participation.

Approved by the order of the Federal Service for Financial Markets of December 15, 2009, No. 09-58/pz-n

Regulations on procedure for repayment of hypothecation certificates of participation

1. This Provision establishes requirements to procedure for repayment of hypothecation certificates of participation, including to determination of the amount paid in case of repayment of hypothecation certificates of participation.

2. Repayment of hypothecation certificates of participation is performed after expiration of the contract of trust management of mortgage covering and discharge of duty on payment to owners of hypothecation certificates of participation of money due to the payments received according to obligations, requirements for which constitute mortgage covering.

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