Privatization check

state security of a designated purpose to a bearer, having a nominal value in rubles and used as a means of payment for the purchase of privatization objects. In Russia, P.ch. received the name of the voucher. P.h. was intended exclusively for payment of privatized objects of state and municipal property. Validity period P.h. was established by the Government of Russia upon its release and indicated on the P.ch. After the expiration date (from one year to two years), and so on. after being used to pay for the privatization object P.ch. subject to redemption and withdrawn from circulation. The right to receive P.h. had all citizens of Russia permanently residing in the territory of Russia on the date of entry into force of the Decree of the President of the Russian Federation on the release of P. h., and also. military personnel of Russia serving abroad. P.h. was not a confirmation of any specific subjective rights, actually serving as a means of payment for the acquisition of shares of state or municipal property subject to privatization. This gives some experts reason not to attribute P.ch. to securities, calling it money surrogates. Currently, P.ch. does not apply.