Monitoring of the Federal Legislation dated 6.02.2004

Order of the Ministry of Taxation of the Russian Federation No. BG-3-05/51 of January 27, 2004 on the Endorsement of the Form of Estimate of the Advance Payments for Insurance Contributions for Obligatory Pension Insurance and Its Filling Procedure

Endorses the form of the estimate of advance payments for insurance contributions for obligatory pension insurance for the entities making payments to natural persons: organisations independent entrepreneurs, natural persons not recognised as independent entrepreneurs, as well as its filling procedure.

The estimate is submitted by insurants to the territorial bodies of the Ministry of Taxation of Russia no later than April 20 (for the I quarter of the current estimate period), July 20 (for the six months of the current estimate period), October 20 (for the 9 months of the current estimate period).

Registered in the Ministry of Justice of the Russian Federation on February 5, 2004. Reg. No. 5528.

Order of the Ministry of Communication of the Russian Federation No. 2 of January 19, 2004 on the Requirements to the Content of the Description of the Network and the Means of Postal Communication

When describing the network and the means of postal communication, the applicants for the license for the services of postal communication must describe on the obligatory basis the list and working regimes of the objects of postal communication, their location, mail delivery routes, schedules and transport types used to deliver mail, as well as the list and functional description of the hardware and software means used to compile, receive, process, store, hand over, deliver postal dispatches.

Registered in the Ministry of Justice of the Russian Federation on February 4, 2004. Reg. No. 5524.

Order of the Ministry of Finance of the Russian Federation No. 8n of January 21, 2004 on the Prolongation for the Year 2004 of the Order of the Ministry of Finance of the Russian Federation No. 15n of February 7, 2003

To improve the procedure of reduction of the limits of budget obligations, the Order of the Ministry of Finance of Russia No. 15n of February 7, 2003 on the organisation of the work of the Ministry of Finance of the Russian Federation to implement the provisions of the Budget Code of the Russian Federation is prolonged for the year 2004.

      Registered in the Ministry of Justice of the Russian Federation on February 4, 2004. Reg. No. 5522.

Direction of the Central Bank of Russia No. 1370-U of January 9, 2004 on the Invalidation of Individual Normative Acts of the Bank of Russia

Pursuant to the endorsement by the Bank of Russia of the new list of securities forming the Lombard List of the Bank of Russia invalidates the Direction of the Bank of Russia No. 1208-U of November 18, 2002 on the on acceptance as a security of the credits of the Bank of Russia of the bonds of the federal loan with debt amortisation and the bonds of the federal loan with a variable coupon income sold by the Bank of Russia from its portfolio with obligatory redemption with amendments.

The Direction is entered into force 10 days after the day of its official publication in the Herald of the Bank of Russia.

Registered in the Ministry of Justice of the Russian Federation on February 4, 2004. Reg. No. 5520.

Regulation of the Central Bank of Russia No. 246-P of January 5, 2004 on the Procedure of Drawing up of Consolidated Reports by the Parent Organisation of the Bank/Consolidated Group

Lists the reported data submitted by the participants of the bank/consolidated group to draw up consolidated reports. Defines the procedure of drawing up by the parent credit organisation of the cards of consolidation, logbook of mutual payments, logbook of adjustments, consolidated balance report and the consolidated report of profits and losses.

Specifies the particulars of describing in the consolidated reports of operations of sale of fixed assets between participants of the group, inclusion of the reported data of the participants of the group in the report of the foreign exchange exposure of the bank/consolidated group, calculation of the values of obligatory normatives of the group.

The Regulation is entered into force 10 days after the day of its official publication in the Herald of the Bank of Russia.

Registered in the Ministry of Justice of the Russian Federation on January 29, 2004. Reg. No. 5494.

Regulation of the Central Bank of Russia No. 246-P of January 5, 2004 on the Procedure of Drawing up of Consolidated Reports by the Parent Organisation of the Bank/Consolidated Group

Lists the reported data submitted by the participants of the bank/consolidated group to draw up consolidated reports. Defines the procedure of drawing up by the parent credit organisation of the cards of consolidation, logbook of mutual payments, logbook of adjustments, consolidated balance report and the consolidated report of profits and losses.

Specifies the particulars of describing in the consolidated reports of operations of sale of fixed assets between participants of the group, inclusion of the reported data of the participants of the group in the report of the foreign exchange exposure of the bank/consolidated group, calculation of the values of obligatory normatives of the group.

The Regulation is entered into force 10 days after the day of its official publication in the Herald of the Bank of Russia.

Registered in the Ministry of Justice of the Russian Federation on January 29, 2004. Reg. No. 5494.