Person interested in entering into a transaction with a people's enterprise
The person interested in the conclusion of a transaction by a people's enterprise is considered to be the general director of the people's enterprise, members of the supervisory board and members of the audit commission, shareholders (shareholder) who own not less than 20 percent of the shares of the people's enterprise, in cases where the aforementioned persons, their spouses, parents, children, brothers and sisters: are a party to such transaction or participate in it as a representative or intermediary; hold not less than 20 percent of the voting shares (shares, quotas) of the legal entity which is a party to such transaction or participates in it as a representative or intermediary; occupy positions in the management bodies of the legal entity which is a party to such transaction or participates in it as a representative or intermediary1.
Federal Law No. 115-FZ of July 19, 1998 "On the Specifics of the Legal Status of Worker Shareholding Companies (People's Enterprises)", as amended on August 2, 2019, Article 15, paragraph 6 // Official Gazette of the Russian Federation. 1998. No. 30. Article 3611. ↩