Modernization of Fixed Assets
Modernization of fixed assets — their technical re-equipment, completion, additional equipment, including reconstruction, and other types of work that lead to the improvement of economic characteristics of fixed assets and (or) the emergence of new economic characteristics1.
Federal Law No. 377-FZ dated November 29, 2014 "On the Development of the Crimea Federal District and the Free Economic Zone on the Territory of the Republic of Crimea and the City of Federal Importance Sevastopol", as amended on June 23, 2020, Article 12.1, paragraph 3 // Official Gazette of the Russian Federation. 2014. No. 48. Item 6658. ↩