FAS SUMMED UP RESULTS OF SUPPORT MEASURES TO OUTDOOR ADVERTISING OPERATORS IN THE REGIONS
Regional authorities have reviewed almost 24.5 thousand contracts in favor of business
It should be reminded that in accordance with FAS Russia law* adopted on July 14, 2022 local governments have the opportunity to extend contracts for the installation and operation of advertising structures on state or municipal real estate for a year, as well as to postpone the payment period and reduce the fee for them to 50 % for a period of no more than a year.
According to the information received by the authority from local self-government bodies, since the beginning of the law operation in 61 regions, 22,402 contracts for the installation and operation of advertising structures have been extended. In addition, in 22 regions, the conditions of 2002 contracts were revised in terms of reducing or delaying payments to outdoor advertising operators.
Thus, the temporary measure proposed by FAS Russia has proved its effectiveness in reducing the administrative burden on business and ensuring the development of the Russian economy.
* Federal Law No. 286-FZ of 14.07.2022 "On Amendments to the Federal Law "On Advertising" and the Federal Law "On Amendments to Certain Legislative Acts of the Russian Federation"