Encyclopedia
Compensation of the managing company
Compensation of the management company is established by the trust management agreement for this property constituting the target capital. The compensation of the management company may consist of a variable and (or) fixed part. The variable part of the management company's compensation (if applicable) is paid from the income generated from the trust management of the property constituting the target capital, received by the management company during the reporting year, but not exceeding 10 percent of such income. The fixed part of the management company's compensation (if applicable) is paid from the income generated from the trust management of the property constituting the target capital, received by the management company during the reporting year; in the absence of such income, it is paid from the property constituting the target capital. In the event that the trust management agreement provides for compensation in the form of a fixed portion or compensation in the form of both fixed and variable portions, the amount of compensation in the form of a fixed portion or the total amount of compensation in the form of fixed and variable portions may not exceed 1 percent of the average value of the net assets managed by the management company under the trust management agreement for the property constituting the target capital during the reporting year. The type, calculation methodology, and payment procedure for the management company's compensation are established by the trust management agreement for the property constituting the target capital1.
Federal Law No. 275-FZ of December 30, 2006 "On the Procedure for Forming and Using Target Capital of Non-Commercial Organizations", as amended on March 6, 2022, Art. 18, para. 3 // Collection of Laws of the Russian Federation. 2007. No. 1. Art. 38. ↩