On Amendments To The Federal Law "on Non-Governmental Pension Funds"

Original Language Title: О внесении дополнений в Федеральный закон "О негосударственных пенсионных фондах"

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RUSSIAN FEDERATION FEDERAL LAW on amendments to the Federal law "on non-governmental pension funds" adopted by the State Duma January 17, 2001 year approved by the Federation Council January 31, 2001 year Article 1. To amend the Federal law from May 7, 1998 N 75-FZ "on non-governmental pension funds" (collection of laws of the Russian Federation, 1998, no. 19, p. 2071) as follows: 1. Article 7, after the words "compulsory licensing" add the words "the State authorized body".
2. Article 20 supplemented by paragraph 3 to read as follows: "the placement of insurance reserve is carried out in the manner provided for the placement of pension reserves.
3. Article 34 supplement part 2 to read as follows: "at revealing of infringements of this federal law, funds State representative body: gives the funds required to execute instructions about elimination of infringements and, in the case of failure to comply with requirements suspends licenses;
appeals to the Court of claims on the protection of the rights and interests of members, other stakeholders and the State;
Court lawsuits on liquidation of funds which operate without licenses.
Article 2. This federal law shall enter into force on the day of its official publication.
The President of the Russian Federation v. Putin Kremlin, Moscow, N 18 February 12, 2001-FZ

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