Monitoring of the Federal Legislation dated 24.04.2003

Federal Law No. 50-FZ of April 22, 2003 on the Amendments to the Federal Law on the Continental Shelf of the Russian Federation Pertaining to Marine Scientific Research

Refines the notion of "marine scientific research" coordinated with the set of notions of the federal laws on exclusive economic zone and on internal sea waters, territorial sea and adjacent zone. The setting of the rules of carrying out of research is qualified as the sphere of reference of the Government of the Russian Federation.
Article 23 of the Law dedicated to the principles of carrying out of marine scientific research is extended to include two principal provisions. According to the first one, deployment and use on the continental shelf of research installations and equipment intended for research purposes is implemented according to the same procedure as the research itself. The second addition defines the particulars of the regime of research works with the region located partially in the internal sea waters or the territorial sea.
Other amendments pertain to the content and procedure of consideration of the request for the research, its organisation, as well as the duties of the applicants inasmuch as they pertain to the transfer and use of the data obtained as a result of the research.
The Federal Law is entered into force from the day of its official publication.

Federal Law No. 49-FZ of April 22, 2003 on the Amendments to the Federal Law on Internal Sea Waters, Territorial Sea and Adjacent Zone of the Russian Federation Pertaining to Marine Scientific Research

Sets forth that marine scientific research must be of peaceful nature exclusively and must not endanger the defence and security of the Russian Federation.
Research installations and equipment for marine research must have identification signs indicating the state of registration or competent international organisation they belong to, as well as have appropriate warning devices to ensure a safe navigation in the sea and air taking into account the norms and standards specified by competent international organisations.
The Federal Law is entered into force from the day of its official publication.

Federal Law No. 48-FZ of April 22, 2003 on the Amendments to the Federal Law on the Exclusive Economic Zone of the Russian Federation Pertaining to Marine Resource Research and Marine Scientific Research

The structure of marine resource research is divided into research of inanimate resources and research of animate resources. Article 21 containing the reasons of refusal to permit to carry out research of animate resources is being brought in compliance with the UN Convention on marine law. The norms of the given Article permit to refuse to carry out research in the exclusive economic zone proceeding from the subject of this research.
The Federal Law is entered into force from the day of its official publication.

Federal Law No. 47-FZ of April 22, 2003 on the Amendments to the Federal Law on Obligatory Social Insurance against Industrial Accidents and Occupational Diseases

Regulates relations of the Social Insurance Fund of the Russian Federation with insurers and banks when the Social Insurance Fund of the Russian Federation controls the payment of insurance contributions.
Specifies sanctions for the failure to observe or improper observation by the insurer of the duties to register as an insurer with an insurance company, timely payment of insurance contributions in full amount, submission of specified reports, as well as the timely payment in full amount of insurance premiums assigned by insurance company to the insured.
Thus, operations of a legal entity or natural person having concluded a labour contract with an employee without registration as an insurer implies a fine in the amount of 10% of the leviable base for insurance contributions defined for the whole period of operation without the mentioned registration with insurance company, however, not less than Rbl 20,000.
The violation of the specified time limits for submission of the reports is fined in the amount of Rbl 1,000, and Rbl 5,000 in case of recurrence of the same violation within one year.
The Law fixes the duty of the banks to demand from the organisations at the opening of the account a document confirming registration as insurers in the executive bodies of the Social Insurance Fund of the Russian Federation. The opening of the account without such document implies a fine from the bank (other credit organisation) in the amount of Rbl 10,000. The Law also specifies the duty of the banks to report within five days to the insurer the opening or closing of the bank account by the organisation. The failure to report such information implies a fine from the bank (other credit organisation) in the amount of Rbl 20,000.
The time limit for execution by the banks of the order of the insurer to transfer insurance contributions to the insurance company or encashment order of the insurance company to collect insurance contributions from the insurer legal entity is one operative day from the day following the day of receiving of such order. Violation of this time limit implies a penalty in the amount of 1/150 of the discount rate of the Central Bank of Russia, however, not more than 0.2% for each overdue day.
The Federal Law is entered into force from the day of its official publication.

Federal Law No. 46-FZ of April 22, 2003 on the Amendments to Article 12 of the Federal Law on the Acts of Civil Status

According to the amendments, the head of the body in charge of the registration of the acts of civil status must report information on the state registration of death, apart form the notification of the Pension Fund, bodies of social protection, tax inspection, also to the Social Insurance Fund of the Russian Federation.
The Federal Law is entered into force from the day of its official publication.

Direction of the Central Bank of Russia No. 1259-U of March 20, 2003 on the Procedure of Accounting Work in Credit Organisations for Deposit Operations Carried out by the Central Bank of the Russian Federation

Specifies the procedure of accounting work in credit organisations for deposit operations of the Bank of Russia using the "cash" method and the "accrual" method.
The Direction is entered into force 10 days after the day of its official publication in the Herald of the Bank of Russia. Procedure of accounting work for the deposit operations using the "accrual" method is entered into force on the basis of a separate normative act of the Bank of Russia.
According to the Letter of the Ministry of Justice of the Russian Federation No. 07/3592-YuD of April 11, 2003, the Direction does not need state registration.

Information Letter of the Central Bank of Russia No. 3 of March 20, 2003 "Summary of the Practice of Application of the Federal Law on the Countermeasures against Legalisation (Laundering) of Incomes Obtained in a Criminal Way and Financing of Terrorism"

Explains individual issues of application of the mentioned Law stipulated by the entry into force of the Federal Law on the state registration of legal entities, as well as pertaining to requests to clients to get the documents necessary for internal control.