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According to media, the RF Ministry of Industry and Trade has prepared amendments to the RF Civil Code prohibiting to tie the lease payment rates to foreign currency rates in relation to non-residential real estate objects.

DATE: September 4, 2015 | AUTHOR: atlawyers

According to media, the RF Ministry of Industry and Trade has prepared amendments to the RF Civil Code prohibiting to tie the lease payment rates to foreign currency rates in relation to non-residential real estate objects. It is expected that the amendments will settle the amount of lease payments in circumstances of currency fluctuations. This Bill has not been published officially yet.

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