Advanced Search

About The Peculiarities Of The Orders Of The Russian Shares Of Joint-Stock Company Of Energy And Electrification "unified Energy System Of Russia" And Shares Of Other Electricity Stock Companies Located In Federal Property

Original Language Title: Об особенностях распоряжения акциями Российского акционерного общества энергетики и электрификации "Единая энергетическая система России" и акциями других акционерных обществ электроэнергетики, находящимися в федеральной собственности

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
Spspent power-Federal Law 27.03.2003 N 36-FZ RUSSIAN FEDERATION FEDERAL LAW On the peculiarities of the action of the shares of the Russian joint-stock company of energy and electrification Russia's energy system " and shares of other joint-stock companies of the electricity industry in federal ownership adopted by the State Duma on June 20, 1997 Russian Federation 3 July 1997 Article 1. 51% of the shares of the Russian Joint Energy System and the Electrification of the Unified Energy System of Russia are in federal ownership. Sales and other means of alienation, as well as the deposit of shares of the Russian Joint Stock Company "Unified Energy System of Russia" and shares of other joint-stock companies located in Federal property within the prescribed amount can only be exercised on the basis of federal law. Article 2. To establish that the constituent entities of the Russian Federation transmit 33 per cent of the votes to the shares of the Russian Joint Energy Society and the Electrification of the Unified Energy System of Russia, which are in federal ownership, in proportion to the consumption of electric power by the constituent entities of the Russian Federation. Article 3. The property of foreign states, international organizations, foreign legal entities, as well as their affiliated Russian legal entities, foreign natural persons may be up to 25 percent of all types of shares of the Russian Federation. Joint Stock Company "Unified Energy System of Russia" Government of the Russian Federation, on the basis of article 40 of the Federal Law "On joint-stock companies" , ensure that such Restrictions on the actual number of shares of the Russian Joint Energy System and the Electrification of the United Energy System of Russia, which are owned by foreign countries, international organizations and foreign legal entities. persons, as well as their affiliated Russian legal entities, Foreign individuals. Article 4. This law shall enter into force on the date of its official publication. President of the Russian Federation, B. Yeltsin Moscow, Kremlin 7 May 1998 N 74-FZ