Party to the contract with a participant of the free economic zone
The party to the contract with a participant of the free economic zone — the person to whom a newly built watercraft is transferred — is the shipowner in accordance with Russian Federation legislation and (or) the party to the contract with a participant of the free economic zone, according to which the construction of the transferred watercraft has been carried out1.
Federal Law No. 377-FZ of November 29, 2014 "On the Development of the Crimea Federal District and the Free Economic Zone on the Territories of the Republic of Crimea and the City of Federal Importance Sevastopol", as amended on April 18, 2023, Article 18, paragraph 3 // Official Gazette of the Russian Federation. 2014. No. 48. Item 6658. ↩