Monitoring of the Federal Legislation dated 2.12.2004

Federal Law No. 145-FZ of December 1, 2004 on the Amendments to the Federal Law on the Audit Chamber of the Russian Federation

The Chairman of the Audit Chamber and his Deputy are assigned to their positions by the State Duma at the presentation of the President of the Russian Federation. The Law lists the subjects empowered with the right to nominate the candidates for the mentioned positions. The President of the Russian Federation shall suggest the candidates no later than three months before the expiry of the period of authority of the actual Chairman of the Audit Chamber or his Deputy. In case of their early dismissal from the position, the President shall suggest candidates for these positions within two weeks from dismissal. If the suggested candidates are disclaimed, the President of the Russian Federation shall nominate new candidates within two weeks. In this case, the President of the Russian Federation may suggest for consideration to the State Duma the same candidates or nominate other ones.

The Federal Law is entered into force from the day of its official publication.

Federal Law No. 142-FZ of November 30, 2004 on the Amendment to the Federal Law on the Justices of the Peace in the Russian Federation

In case of revocation or suspension of the powers of the justice of the peace, as well as in case of his temporary absence (illness, leave and other justifiable reasons), execution of his duties is vested in the justice of the peace of another court district of the same region at the decision of the chairman of the appropriate regional court. If there is only one justice of the peace in the given region, execution of his duties at the decision of the chairman of the higher court or his deputy may be vested in the justice of the peace of the nearest region.

Decree of the President of the Russian Federation No. 1487 of December 1, 2004 on the Federal Agency for Construction and the Housing and Communal Sector

The Federal Agency for Construction and the Housing and Communal Sector is handed over from the Ministry of the Industry and Power Supplies of Russia to the Ministry of Regional Policy of Russia.

Appropriate changes are introduced in the structure of the federal bodies of executive power.

The Decree is entered into force from the day of its signing.

Order of the Federal Service for Financial Markets No. 04-941/pz-i of November 15, 2004 on the Amendments to the Order of the Federal Service for Financial Markets No. 04-300/pz of August 12, 2004 on the Appellate Commission for the Qualification Examinations of the Federal Service for Financial Markets

Specifies that the Appellate Commission shall include beside its Chairman and Secretary also the Deputy Chairman of the Appellate Commission. The Deputy Chairman shall be the deputy chief of the structural division of the Federal Service in charge of the certification of the specialists of the market of securities of the Federal Service. In the absence of the Chairman, his Deputy endorses the agenda of the session of the Appellate Commission and sends it to the Secretary.

Order of the Federal Service for Financial Markets No. 04-940/pz-i of November 15, 2004 on the Amendments to the Interim Regulation on the Certification Commission for the Qualification Examinations of the Federal Service for Financial Markets Endorsed by the Order of the Federal Service for Financial Markets No. 04-301 of August 12, 2004

Specifies that the Chairman of the Certification Commission shall sign qualification certificates (earlier, they were signed by his Deputy).

Order of the Federal Service for Financial Markets No. 04-674/pz of October 11, 2004 on the Public Disclosing of Information at the Securities Market

To provide for the continuity of public disclosing of information at the securities market preserves until April 1, 2005 specified by the Federal Commission for Securities Market of Russia terms and procedure of public disclosing of information at the securities market by authorised organisations.