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Price of the initial offer
The price of the initial offer - a step down, the period after which the price of the offer is sequentially reduced, the minimum price of the offer at which state or municipal property may be sold, the amount of price increase provided for by this Federal Law ("auction step") - in the case of sale through public offering1.
Federal Law of December 21, 2001 No. 178-FZ "On the Privatization of State and Municipal Property", as amended on March 6, 2019, Article 32.1, paragraph 3 // Official Gazette of the Russian Federation. 2002. No. 4. Item 251. ↩