Monitoring of the Federal Legislation dated 29.04.2005

Decision of the Government of the Russian Federation No. 262 of April 28, 2005 on the Transfer of the Day-Off in May 2005

Day-off of Saturday, May 14, 2005 is transferred to the Tuesday of May 10, 2005 for the purpose of rational use of the days-off and non-working holidays by employees.

Decision of the Government of the Russian Federation No. 222 of April 15, 2005 on the Endorsement of the Rules of Rendering of Telegraphy Services

The endorsed rules shall regulate relations among the citizens, independent entrepreneurs, legal entities and communication operators providing telegraphy services in a public-use communication network. The rules are obligatory for communication operators and users. The working regime of the objects of communication necessary for the provided telegraphy services shall be specified by the communication operator independently.

Tariff rates for the services of the telegraphy communication shall be specified by the communication operator also independently if otherwise is not envisaged in the legislation on natural monopolies. The list of services of the telegraphy communication where tariff rates are regulated by the state, as well as their regulation procedure, are specified by the Government of the Russian Federation.

The Rules are entered into force from May 1, 2005.

Order of the Ministry of Public Health and Social Development of the Russian Federation No. 249 of April 1, 2005 on the Organisation of Extra Medical Aid to Individual Categories of Citizens

The Order shall regulate relations pertaining to consideration by the medical commission of the federal institution of public health of the medical documents of individual categories of citizens to provide extra medical aid.

The medical commission shall take the decision to accept the citizen for treatment in the given federal institution of public health or to prolong his treatment in the treatment and prevention institution at the place of residence or work no later than within 14 days from the date of receiving of the medical documents of the citizen, or no later than within 7 days in cases of personal examination.

Registered in the Ministry of Justice of the Russian Federation on April 26, 2005. Reg. No. 6555.

Order of the Ministry of Finance of the Russian Federation No. 55n of April 8, 2005 on the Procedure of Registration of the Payers of the Gambling Tax

Specifies the rules of registration of organisations and independent entrepreneurs being the payers of the gambling tax. Lists the documents to be submitted to the tax bodies for registration.

The registration is carried out no later than within five days from the day of submission of the application for the registration of the object (objects) of taxation for the gambling tax. The tax bodies must hand out (send by mail) the notification of registration within the mentioned time limits.

Registered in the Ministry of Justice of the Russian Federation on April 26, 2005. Reg. No. 6554.

Order of the Ministry of Economic Development and Trade of the Russian Federation No. 68 of April 4, 2005 on the Places of Declaring of Individual Types of Commodities

Lists the customs bodies possessing enough technical means to apply the electronic form of declaring being the place of declaring of individual types of commodities imported by the highway transport to recipients in Moscow and the Moscow Province.

Registered in the Ministry of Justice of the Russian Federation on April 26, 2005. Reg. No. 6551.

Order of the Federal Service for Financial Markets No. 05-5/pz-n of March 16, 2005 on the Endorsement of the Regulation on the Disclosing of Information by Issuers of Emission Securities

The endorsed Regulation shall regulate the composition, procedure and time limits of obligatory disclosing of information by a joint-stock company, disclosing of information at the stages of issue of emission securities, disclosing of information in the form of securities prospectus, quarterly report of the issuer of securities and reports of significant facts (events, actions) pertaining to financial and economic activities of the issuer of securities. Also specifies the requirements to the procedure of disclosing by issuers of other information on the execution of issuer obligations and implementation of the rights for the placed securities.

The Regulation applies to all issuers, including the foreign ones and international financial organisations, whose securities are being placed and/or are available in circulation in the Russian Federation. The Regulation does not apply to the Bank of Russia, as well as the issuers of state and municipal securities.

As compared to the earlier available Regulation endorsed by the Decision of the Federal Commission for Securities Market of Russia No. 03-32/ps of July 2, 2003, the new Regulation contains a number of significant changes. Thus, the rule is removed requiring to notify the trade organiser at the securities market of the intention and contents of the disclosed information at least 30 minutes in advance of its disclosing in the newsreel.

The Order introduces a requirement of the disclosing by joint-stock companies obliged to disclose information at the securities market of accounting reports (quarterly, annual, personal, consolidated) prepared to International Accounting Standards or US GAAP, as well as the contents of such reports, and in case of its audit - also the final part of the audit statement.

The text of the annual and the quarterly reports must be available on the Internet page for at least three years after the date of its publication in the Internet.

The Order is entered into force 10 days after the date of its official publication, except for the provisions where other time limits are specified for the entry into force.

Registered in the Ministry of Justice of the Russian Federation on April 26, 2005. Reg. No. 6550.

Order of the Ministry of Justice of the Russian Federation No. 33 of April 6, 2005 on the Endorsement of the List of Officials of the Federal Bailiff Service Authorised to Draw up the Protocols of Administrative Violations

Lists officials of the Federal Bailiff Service of Russia authorised to draw up the protocols of administrative violations envisaged in Articles 17.3-17.9, part 1 of Article 19.4, part 1 of Article 19.5, Articles 19.6, 19.7 of the Code of Administrative Violations of the Russian Federation.

Registered in the Ministry of Justice of the Russian Federation on April 26, 2005. Reg. No. 6549.