Monitoring of the Federal Legislation dated 18.03.2003

Federal Law No. 33-FZ of March 11, 2003 on the Creation of the Novoilyinsky Regional Court of the City of Novokuznetsk, Kemerovo Province

Creates the Novoilyinsky Regional Court of the city of Novokuznetsk, Kemerovo Province. The authority of the mentioned court covers the territory of the Novoilyinsky Region of the city of Novokuznetsk, Kemerovo Province.
Federal Law is entered into force from the day of its official publication, except for the authority norm entering into force three months after the moment of entry into force of the Federal Law.

Decision of the Government of the Russian Federation No. 156 of March 14, 2003 on the Endorsement of the Rates of Export Customs Duties for Raw Oil and Raw Oil Products from Bituminous Materials and Commodities of Oil Exported from the Territory of the Russian Federation Outside the Member-States of the Customs Union Agreements

Increases the rates of export customs duties for benzene, toluene, xylene, lubricants, spent oil products, propane, butanes, ethylene and other liquefied gases, xylenes, distillates, gas oils, liquid fuels and some other commodities of oil exported outside the member-states of the Customs Union agreements from USD 23.3 to USD 36.3 per 1,000 kg. The rate of the export duty for raw oil and raw oil products from bituminous materials (code according to the Foreign Trade Commodity Nomenclature 2709 00) is increased from USD 25.9 to USD 40.3 per 1,000 kg.
The Decision is entered into force from April 1, 2003.

Order of the Ministry for Antimonopoly Policy of the Russian Federation No. 39 of February 12, 2003 on the Procedure of Consideration of Appeals for Explanations of the Antimonopoly Legislation

Appeals of applicants on the explanation of the antimonopoly legislation in a particular case are examined if the application contains the person having sent the appeal (for a legal entity - organisational and legal form, name, place of location, contract telephone No.; for a natural person - full name, taxpayer identification No. if available, passport data, address, contact telephone No.).
Registered in the Ministry of Justice of the Russian Federation on March 13, 2003. Reg. No. 4261.

Decision of the Federal Commission for Securities Market No. 03-11/ps of February 12, 2003 on the Amendments to Individual Normative Acts of the Federal Commission for Securities Market

The list of the license requirements and terms to the professional activities at securities market now includes the provision requiring the presence on the license holder payroll engaged in brokerage and/or other dealers' activities and rendering financial advisor services of at least 2 specialists, including the head of the structural division, exceptional functions of which being services of a financial advisor at securities market and/or assessment activities, in compliance with qualification requirements specified by the Federal Commission for Securities Market of the Russian Federation.
The Decision extends the list of the documents to be submitted to the licensing body to get the license. The mentioned package of documents includes: the list of measures aimed at prevention of the conflict of interests in professional activities at securities market and the list of measures aimed at prevention of illegal use of service information in professional activities at securities market. These documents must be coordinated with the Federal Commission for Securities Market of the Russian Federation when taking decisions on the issue of the license, as well as when being amended. The mentioned documents must be worked out and presented by professional participants of the securities market to the Federal Commission for Securities Market of the Russian Federation before July 1, 2003.
The Decision also specifies a number of requirements to professional participants of securities market rendering services of a financial advisor. In particular, defines the requirements aimed at prevention of the conflict of interests in services of a financial advisor at securities market and services in the placing of securities.
Registered in the Ministry of Justice of the Russian Federation on March 13, 2003. Reg. No. 4260.

Order of the Ministry of Internal Affairs of the Russian Federation No. 59 of January 27, 2003 on the Procedure of Registration of Transport Vehicles

Provides the new wording for the Rules of registration of motor vehicles and trailers for them in the Traffic Inspection of the Ministry of Internal Affairs of the Russian Federation.
Specifies the procedure of registration of transport vehicles purchased as property and handed over to other persons on the basis of the leasing contract or subleasing contract for temporary ownership and/or use. Such transport vehicles are registered under the written agreement of the parties as owned by the lessor or lessee.
From July 1, 2003, envisages the duty of the owners or holders of transport vehicles to present for registration the insurance policy of obligatory insurance of the civil responsibility.
Preserves the rule stating that transport vehicles are registered as owned by natural persons at the place of residence indicated in passports or registration certificates at the place of residence. Also preserves the earlier challenged similar norm specifying the duty of the owners of transport vehicles to remove them from records in cases of the change of the place of registration, utilisation (writing off) of transport vehicles, before signing a contract terminating the right of ownership for the transport vehicles or termination of the right of ownership for transport vehicles in other cases.
Registered in the Ministry of Justice of the Russian Federation on March 7, 2003. Reg. No. 4251.