Monitoring of the Federal Legislation dated 8.01.2003

Decision of the Constitutional Court of the Russian Federation No. 17-P of December 26, 2002 on the Case of Constitutionality of the Provision of Paragraph 2 of Item 4 of Article 11 of the Federal Law on Obligatory State Insurance of the Life and Health of Servicemen, Citizens Called Up for the Muster, Rank and File and Officers of the Bodies of the Ministry of Internal Affairs of the Russian Federation, State Fire Service, Employees of Institutions and Bodies of the Criminal Execution System and Employees of the Federal Bodies of the Tax Police Pursuant to the Appeal of Citizen M.A.Budynin

According to the challenged norm, untimely paying out of insurance amounts by the insurer because of the delayed transfer of insurance contributions by the insurer may not serve as grounds to pay out the fine. According to the applicant, the given norm deprives the insured of the guarantee of protection of their rights and permits to avoid reimbursement of the damage to health for an indefinite period of time, thus not complying with Articles 19 (Parts 1 and 2), 45, 46 (Part 1), 53 and 55 of the Constitution of the Russian Federation.
The Constitutional Court of the Russian Federation has decided to recognise the mentioned Paragraph as not complying with the Constitution of the Russian Federation, since it does not meet the requirements of the appropriate state protection of the rights and legal interests of the insured - servicemen and persons of similar status.
The Decision is entered into force immediately after annunciation.

Direction of the Central Bank of Russia No. 1230-U of December 27, 2002 on the Invalidation of the Regulation of the Bank of Russia on Cashless Payments in the Russian Federation No. 2-P of April 12, 2001

Pursuant to the entering into force of the new Regulation of the Bank of Russia regulating the procedure of cashless payments on the territory of the Russian Federation, invalidates the earlier Regulation No. 2-P of April 12, 2001.
The Direction is entered into force 10 days after the day of publication.

Letter of the Central Bank of Russia No. 179-T of December 26, 2002 on the Accounting Procedure for Individual Operations Pursuant to the Entering into Force of the Regulation of the Bank of Russia No. 205-P of December 5, 2002 on the Rules of Accounting Work in Credit Organisations Located on the Territory of the Russian Federation

Explains the procedure and time limits for the transfer of the residues of personal accounts as of January 1, 2003 to be carried over to other or newly opened accounts pursuant to the entering into force from January 1, 2003 of the new rules of accounting work in credit organisations.