Approved procedure for determining the interest of the state and legal persons in the authorized capital of companies

October 7, 2014 the Ministry of Justice of the Russian Federation registered FAS Russia developed procedure for determining the complex of interest of the Russian Federation, subjects of the Russian Federation, the municipal entity in the authorized capital of companies, the total share of participation of legal entities in the charter capital of the subsidiary, the total stake of the subsidiary in the share capital of subsidiaries of companies and Procedure for notifying customers of change of such shares.

The procedure for determining the total interest and the procedure for notification of change of such shares is developed in accordance with paragraph 3 of Article 1 of the Law on Procurement (223-FL).

The adoption of this standard legal act would resolve a number of problematic issues that arise from the companies in which the shares owned by persons who are customers, in accordance with paragraphs 1-3 of Part 2 of Article 1 of the Law on Procurement. The order will help determine the identity of business entities to the customer within the meaning of the procurement and the need to apply the rules of this law in the exercise of their procurement activities.