Monitoring of the Federal Legislation dated 26.05.2006

Decision of the Government of the Russian Federation No. 309 of May 24, 2006 on the Endorsement of the Rates of Export Customs Duties for Commodities of Oil Exported from the Territory of the Russian Federation outside the Member-States of the Customs Union Agreements

The rate of the export customs duty for propane, butanes, ethylene, propylene, butylenes, butadiene, other liquefied gases, xylenes, light and medium distillates, gas oils, benzene and toluene is increased from USD 137.9 to USD 146.9 per ton. The rate of the export customs duty for lubrication oils, liquid fuels, spent oil products, petrolatum, paraffin, wax, oil bitumen and coke is increased from USD 74.3 to USD 79.2 per ton.

The Decision is entered into force one months after the day of its official publication.

Decision of the Government of the Russian Federation No. 308 of May 23, 2006 on the Exemption from Customs Fees for the Customs Registration of Professional Equipment Moved across the Customs Border of the Russian Federation to Cover the Russia-European Union Summit

Professional equipment according to the list endorsed by the Decision of the Government of the Russian Federation No. 85 of February 17, 2005 moved across the customs border of the Russian Federation by representatives of foreign mass media accredited to cover the Russia-European Union summit in Sochi shall be exempted from the customs fees for the customs registration for the purposes of temporary import and export back (re-export).

The Decision is entered into force from May 10, 2006 and shall remain in force until June 10, 2006.

Decision of the Government of the Russian Federation No. 302 of May 22, 2006 on the Creation and Activities on the Territory of the Closed Administrative Formation of Organisations with Foreign Investments

Endorses the rules of creation and activities on the territory of the closed administrative territorial formation of organisations with foreign investments.

The rules shall take account of the requirements of the special regime that has to be ensured on the territory of such formations. In this connection, application for the state registration of organisations with foreign investments is submitted to the federal body of executive power supervising the objects whose sphere of activities appeared to be the reason of creation of the closed administrative territorial formation. The mentioned body shall send the application for coordination to the Federal Security Service of Russia and the Ministry of Internal Affairs of Russia. Refusal of the Federal Security Service of Russia or the Ministry of Internal Affairs of Russia must be motivated.

Organisations with foreign investments shall carry out their activities in closed administrative territorial formations on common grounds according to the procedures specified in the legislation.