The Bank of Russia
FEDERAL LAW NO. 86-FZ OF JULY 10, 2002 ON THE CENTRAL BANK OF THE RUSSIAN FEDERATION (THE BANK OF RUSSIA) (with the Amendments and Additions of January 10, December 23, 2003, June 29, July 29, December 23, 2004, June 18, July 18, 2005, May 3, June 12, December 29, 2006, March 2, April 26, 2007) Passed by the State Duma on June 27, 2002 Chapter I. General Provisions Article 1. The status, the goals set in the activity, the functions and the powers of the Central Bank of the Russian Federation (of the Bank of Russia) are defined in the Constitution of the Russian Federation, in the present Federal Law and in other federal laws. The Bank of Russia fulfils the functions and exercises the powers stipulated in the Constitution of the Russian Federation and in the present Federal Law, independently of the other federal state power bodies, of the state power bodies of the subjects of the Russian Federation and of local self-government bodies. The Bank of Russia is a legal entity. The Bank of Russia has a stamp with the depiction of the State Emblem of the Russian Federation and with its own name. The seat of the central bodies of the Bank of Russia is the City of Moscow. Article 2. The authorised capital and the other property of the Bank of Russia are federal property. In conformity with the goals and with the procedure established by the present Federal Law, the Bank of Russia exercises its powers involved in the possession, use and disposal of the property of the Bank of Russia, including the gold and currency stocks of the Bank of Russia.
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