The variable part of the managing company's remuneration – definition and meaning of "The variable part of the managing company's remuneration"

The variable portion of the managing company's compensation is paid from the income generated from the management of assets forming the target capital, which the managing company has received during the reporting year, but not more than 10 percent of such income¹.

Federal Law No. 275-FZ dated December 30, 2006 "On the Procedure for Forming and Using Target Capital of Non-Commercial Organizations", as amended on March 6, 2022, Article 18, paragraph 3 // RSZ RF. 2007. No. 1. Art. 38. ↩