Second Part REPO
The second part of the REPO is deemed to be improperly performed (unperformed) if, after the expiration of the performance period for the second part of the REPO, as well as after one year from the occurrence of the performance period for the first part of the REPO in the case where the performance period for the second part of the REPO is determined by the moment of demand, the obligation under the second part of the REPO is not fully or partially performed1.
Tax Code of the Russian Federation, as amended on 2020-05-21, Article 214.3, paragraph 2 // Official Gazette of the Russian Federation. 2000. No. 32. Article 3340. ↩