INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of July 3, 2012 No. 2847-U

About modification of Item 3.6 of the Provision of the Bank of Russia of November 12, 2007 No. 312-P "About procedure for provision by bank of Russia to credit institutions of the credits provided with assets or guarantees"

1. Subitem 3.6.2 of Item 3.6 of the Provision of the Bank of Russia of November 12, 2007 N 312-P "About procedure for the provision by the Bank of Russia to credit institutions of the credits provided with assets or guarantees" registered by the Ministry of Justice of the Russian Federation on December 10, 2007 N 10658, on June 25, 2008 N 11875, on October 7, 2008 N 12405, on October 15, 2008 N 12457, on October 24, 2008 N 12520, on January 14, 2009 N 13069, on September 8, 2009 N 14730, on March 13, 2012 N 23460 ("Bulletin of the Bank of Russia" from December 17, 2007 N 69, from July 2, 2008 N 35, from October 17, 2008 N 58, from October 27, 2008 N 60, from January 21, 2009 N 4, from September 16, 2009 N 54, from March 21, 2012 N 15), to state in the following edition:

"3.6.2. the organization is not affiliate of borrowing bank (bank - the potential borrower) and the borrowing bank (bank - the potential borrower) is not affiliate of the organization according to article 4 of the Law RSFSR of March 22, 1991 N 948-1 "About the competition and restriction of monopolistic activities in the goods markets" (Sheets of the Congress of People's Deputies of RSFSR and the Supreme Council of RSFSR, 1991, N 16, Art. 499; Russian Federation Code, 1995, N 22, Art. 1977; 1998, N 19, Art. 2066; 2002, N 41, Art. 3969; 2006, N 31, the Art. 3434), except as specified participations of public authorities and local government bodies in the authorized capital of borrowing bank (bank - the potential borrower) and the organizations and (or) creations of the organization by them on the right of economic maintaining (operational management) or other identical legal regime, and also cases of participation of the state corporations created based on the Federal Laws in the authorized capital of borrowing bank (bank - the potential borrower) and (or) the organizations;".

2. This Instruction becomes effective after 10 days after day of its official publication in "the Bulletin of the Bank of Russia".

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