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Ministry of Justice

Russian Federation

On January 13, 2017 No. 45188

INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of December 12, 2016 No. 4233-U

About modification of Items 1.10 and 2.1 of the Instruction of the Bank of Russia of August 25, 2015 No. 3758-U "About cost determination of net assets of investment funds, including about procedure of payments of annual average net assets value of mutual investment fund and net assets of the joint-stock investment fund, settlement cost of investment shares of mutual investment funds, property value transferred to payment of investment shares"

1. Bring in the Instruction of the Bank of Russia of August 25, 2015 No. 3758-U "About cost determination of net assets of investment funds, including about procedure of payments of annual average net assets value of mutual investment fund and net assets of the joint-stock investment fund, settlement cost of investment shares of mutual investment funds, property value transferred to payment of investment shares", registered by the Ministry of Justice of the Russian Federation on October 8, 2015 No. 39234 ("the Bulletin of the Bank of Russia" of October 16, 2015 No. 88), the following changes.

1.1. The eighth and ninth Item 1.10 to state paragraphs in the following edition:

"the last working day of term of order taking for acquisition, repayment and exchange of investment shares, except for case when in rules of trust management of closed-end investment fund it is specified that investment shares are intended for skilled investors;

for date of creation of the list of owners of investment shares in case of partial repayment of investment shares without statement of requirements of owners of investment shares for their repayment, except for case when in rules of trust management of closed-end investment fund it is specified that investment shares are intended for skilled investors;".

1.2. In the paragraph the second Item 2.1 of the word" which investment shares (shares) are intended for skilled investors," to exclude.

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