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The Cabinet of Ministers has introduced a bill on coordinating actions with the president with the actions of defense industry organizations

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The explanatory note refers to special requirements regarding the approval of alienation, the possibility of alienation or transfer to trust management of shares in the authorized capital of organizations of strategic importance for the military-industrial complex and the security of Russia

MOSCOW, September 7. /TASS/. The Government of the Russian Federation has submitted to the State Duma a bill establishing special requirements for approving transactions with shares of organizations of the military-industrial complex (MIC) with the president. The document was published in the database of legislative activity of the State Duma on Tuesday.

"The draft law establishes special requirements regarding the approval with the President of the Russian Federation of the alienation, the possibility of alienation or transfer to trust management of shares (shares in the authorized capital) of organizations of strategic importance for the military-industrial complex and the security of the Russian Federation," the explanatory note says.

Transactions made without consent are" null and void", it follows from the text of the document.

The document provides for the preparation by the government of the Russian Federation of proposals on the formation of a list of strategically important defense industry organizations. The draft law also introduces amendments to the federal laws "On the State Corporation for Promoting the Development, Production and Export of High-tech Industrial Products "Rostec" and "On the State Corporation for Space Activities "Roscosmos" regarding the need to coordinate proposals for transactions with the President of the Russian Federation.

"The draft law does not apply to transactions made with shares of joint-stock companies traded at organized auctions, to transactions between citizens of the Russian Federation made with shares (shares) of economic companies, as well as to relations arising from the forced alienation of shares (shares) of economic companies in the framework of enforcement proceedings, or during procedures applied in bankruptcy proceedings, or in the order of universal succession (inheritance, reorganization of a legal entity)," the explanatory note to the document clarifies.

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