Affiliate

Affiliates of a legal entity are:

• a member of his Board of Directors (supervisory board) or other collegial management body , a member of his collegial executive body , as well as a person exercising the powers of his sole executive body;
• persons belonging to the group of persons to which this legal entity belongs;
• persons who have the right to dispose of more than 20 percent of the total number of votes attributable to voting shares or making up the charter or share capital contributions, shares of this legal entity;
• a legal entity in which the given legal entity has the right to dispose of more than 20 percent of the total number of votes attributable to voting shares or constituting the charter or joint-stock capital contributions, shares of this legal entity;
• if the legal entity is a member of the financial and industrial group , its affiliates also include members of the Board of Directors (supervisory boards) or other collegial management bodies, collegial executive bodies of participants in the financial and industrial group, as well as persons exercising the powers of the sole executive bodies of participants in financial and industrial industrial group.

Affiliates of an individual carrying out entrepreneurial activity (individual entrepreneur) are:

• persons belonging to the group of persons to which this individual belongs;
• a legal entity in which this individual has the right to dispose of more than 20 percent of the total number of votes attributable to voting shares or making up the charter or joint-stock capital contributions, shares of this legal entity.

• Affiliation

• Law of the RSFSR of March 22, 1991 No. 948-1 “On Competition and the Limitation of Monopolistic Activities in Commodity Markets”. Current edition
• Decree of the President of the Russian Federation “On measures to organize the securities market in the process of privatization of state and municipal enterprises” of October 7, 1992
• Federal Law "On Joint-Stock Companies" dated December 26, 1995.