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Regional Decree No. 112 validating the Regulation on granting subsidies to the bakery industry to reimburse part of the costs of selling produced and sold bread and bakery products.

Country/Territory
Russian Federation
Territorial subdivision
Sakha (Yakutia)
Document type
Regulation
Date
2021
Source
FAO, FAOLEX
Subject
Food & nutrition
Keyword
Cereals/grains/rice Processing/handling Business/industry/corporations Subsidy/incentive Contract/agreement Agricultural commodities
Geographical area
Arctic, Asia and the Pacific, Black Sea, Caspian Sea, CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia, North Pacific, North-West Pacific
Abstract

This Regional Decree establishes that the scope of allocation of subsidies shall be to the bakery industry to reimburse part of the costs of selling produced and sold bread and bakery products. Subsidies are granted to the extent of the budget allocations, provided by the law on the regional budget for the current fiscal year. The category of selection of recipients of subsidies are legal entities (except for state (municipal) institutions) and individual entrepreneurs. Selected recipients must perform production of fresh bread and bakery products (with the period of shelf life not exceeding 5 days) and obligation of the recipient of the subsidy not to increase prices of bread and bakery products in relation to the average price in the month preceding the month of receipt of the subsidy within 6 months from the date of conclusion of subsidy contract. Subsidies shall be granted to selected enterprises of the bakery industry, complying with the following requirements at the date of application for subsidies: (a) during the subsidized period the recipients - legal entities must not be in the process of reorganization, liquidation or bankruptcy proceedings, the activities of the recipient have not been suspended in accordance with the procedure stipulated by the legislation of the Russian Federation, and the recipients who are individual entrepreneurs have not ceased their activities as an individual entrepreneur; (b) bakery enterprise must not be foreign legal persons; (c) participant in the selection process must have no overdue debts related to payment of taxes, levies, insurance contributions, penalties, interest payable in accordance with the legislation of the Russian Federation on taxes and fees; (d) the participant of the selection must not have overdue indebtedness on return to the regional budget, budget investments granted in accordance with other legal acts, and (unsettled) indebtedness to the regional authorities; and (e) the recipient is not a foreign legal entity, as well as a Russian legal entity, in the authorized (share) capital of which the share of participation of foreign legal entities, the place of registration of which is a state or territory included in the list of states or territories approved by the Ministry of Finance of the Russian Federation, providing preferential tax treatment and (or) which do not stipulate the disclosure or presentation of information related to financial transactions (offshore zones) with regard to such legal entities exceeds 50 percent in the aggregate.

Full text
Russian
Website
docs.cntd.ru