The registration of ownership rights/rights to use for real estate property for the period of 2011-2014

History

The registration of ownership rights for real estate property and the registration/renewal of rights to use land plots for the period of 2011-2014 taking into account work to prepare information on the boundaries of the protected zones of grid facilities was defined as a priority area of the Company’s activities by the decision of the Board of Directors dated November 25, 2010.

In 2011, in order to implement the decision of the Board of Directors, the Company initiated the Work Program of JSC “MOESK” on the registration of ownership rights for real estate property and the registration/renewal of rights to use land plots for the period of 2011-2014. The purpose of the program is to ensure the legal and other conditions required for the effective use of land and property owned by JSC “MOESK” based on current information on property assets as well as to establish a special regime for using land that ensures the safe operation of power grid facilities, including to minimize legal and economic risks when exercising the Company’s rights to control, manage and own the property of an enterprise.

The Program involves a range of work, including measures for:

  • the state cadastral registration of land plots used by JSC “MOESK” and the subsequent registration of rights thereto;
  • the technical and cadastral registration of real estate facilities with the subsequent entry of information about the Company’s ownership rights for these facilities in the Unified State Register for Real Estate Rights and Transactions;
  • determining the boundaries of the protected zones of JSC “MOESK” power grid facilities with the subsequent entry of the relevant information in the State Real Estate Cadastre.

The Program is implemented based on a ranking of various types of work depending on their administrative, financial and economic risks and taking into account the higher priority classification of work on facilities with increased social importance that provide supplies to first category power consumers: on power transmission lines with capacity of 110-220 kV located on the territory of cities and other populated areas and passing through forest lands, including for power grid facilities that are part of The JSC “MOESK” investment or repair programs.

In 2011, land survey (cadastral) work was performed in excess of the program targets. Information has been entered into the State Real Estate Cadastre on the registration of 5,414 land plots used by JSC “MOESK” with lease relations registered for 3,021 of them. As a result of the technical inventory and state cadastral registration of capital construction facilities (real estate) during the reporting period, the JSC “MOESK” ownership rights to 182 real estate facilities underwent state registration, which actually exceeded the planned targets of the Program for this area.

The activities specified by the Program to determine the boundaries of the protected zones of power grid facilities were 100% completed. Approval has been secured with the agencies of the Federal Service for Environmental, Technological and Nuclear Supervision for protected zones with total length of 5,365 kilometers based on sets of documents compiled in accordance with the requirements of Order No. 179 of the Ministry of Natural Resources and the Environment of the Russian Federation dated May 24, 2010.