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The document ceased to be valid since   September 3, 2020 according to Item 10 of the Instruction of the Central bank of the Russian Federation of January 20, 2020 No. 5391-U

It is registered

Ministry of Justice

Russian Federation

On July 6, 2017 No. 47310

INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of June 13, 2017 No. 4406-U

About modification of the Instruction of the Bank of Russia of June 28, 2016 No. 4054-U "About procedure for forming by the microfinancial organizations of reserves on possible losses on loans"

1. Based on Item 5 of part 4 of article 14 of the Federal Law of July 2, 2010 No. 151-FZ "About microfinancial activities and the microfinancial organizations" (The Russian Federation Code, 2010, No. 27, Art. 3435; 2011, No. 27, Art. 3880; No. 49, Art. 7040; 2013, No. 26, Art. 3207; No. 30, Art. 4084; No. 51, Art. 6683, Art. 6695; 2014, No. 26, Art. 3395; 2015, No. 27, Art. 4001; No. 29, Art. 4357; 2016, No. 1, Art. 27; No. 27, Art. 4163, Art. 4225; 2017, No. 18, the Art. 2669) and according to the solution of the Board of directors of the Bank of Russia (the minutes of the Board of directors of the Bank of Russia of May 29, 2017 No. 12) to bring in the Instruction of the Bank of Russia of June 28, 2016 No. 4054-U "About procedure for forming by the microfinancial organizations of reserves on possible losses on loans", registered by the Ministry of Justice of the Russian Federation on July 28, 2016 No. 43023, the following changes.

1.1. In Item 2 shall be replaced with words the word "quarterly" "microfinance company monthly, the microcredit company quarterly", shall be replaced with words the word of "quarter" "month for microfinance company (quarter for the microcredit company)".

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