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Restructuring of obligations under a budget loan

Restructuring of obligations under a budget loan — the provision of deferrals and installment payments based on an agreement, as well as termination of the original obligation with its replacement by another obligation between the same parties, providing for a different subject or method of performance1.

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  1. Federal Law No. 63-FZ dated April 26, 2007, "On Amending the Budget Code of the Russian Federation in Respect of Regulation of the Budget Process and Bringing Certain Legislative Acts of the Russian Federation into Conformity with the Budget Legislation of the Russian Federation," as amended on August 2, 2019, Article 1, paragraph 10 // Official Gazette of the Russian Federation. 2007. No. 18. P. 2117. ↩