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Regulation No. 54 of 1997 of the Central Bank regarding the rules of settlements in foreign currency based on offset of mutual claims between the Russian ship-owners engaged in fisheries and non-residents providing them with agency services.

Pays/Territoire
Fédération de Russie
Type du document
Règlement
Date
1997
Source
FAO, FAOLEX
Source d'origine
Official copy.
Sujet
Pêche
Mot clé
Pêche maritime Navire de pêche Infractions/sanctions Règlement des différends
Aire géographique
Arctique, Asie et Pacifique, Mer Noire, Mer Caspienne, CEI (Communauté des États indépendants), Europe de l'Est, Europe, Europe et Asie Centrale, Pacifique Nord, Pacifique Nord Occidental
Entry into force notes
Entry into force from the date of its official promulgation.
Résumé

In conformity with Article 9 of the Russian Currency Regulation and Currency Control Law, the Central Bank has worked out the present Regulation. Settlements in foreign currency based on offset of mutual claims shall be taken to mean settlements by book entry under which debtors' and creditors' mutual claims and liabilities are cleared off in equivalent sums, with payment made only to cover the difference, in the manner established by this regulation. Settlements in foreign currency based on offset of mutual claims in accordance with Ship Owners' accounts opened with non-resident banks shall be allowed in the manner established by the Central Bank license for opening an account in foreign currency, with a view to the requirements of this Regulation. The document consists of IV Sections. Section I lays down the general provisions. Section II establishes the rules of settlements and turnover of documents. Section III establishes the rules of accounting and reporting. Section IV establishes liability for breach of requirements of this Regulation. The document contains 1 Annex.

Texte intégral
Anglais