Monitoring of the Federal Legislation dated 15.11.2006

Federal Law No. 191-FZ of November 10, 2006 on the Amendments to Article 35 of the Law of the Russian Federation on the Customs Tariff and Article 150 of Part 2 of the Tax Code of the Russian Federation

According to the amendments, commodities (except for excisable ones) moved across the customs border of the Russian Federation in the framework of international cooperation of Russia in the sphere of investigation and use of the outer space, as well as agreements on the services of launching of outer space vehicles, are fully exempted from the customs duties and the value added tax.

The amendments permit to provide for a most favoured regime where it pertains to the customs and tax exemptions for the import to the Russian Federation of commodities of outer space destination from the countries where appropriate international agreements are concluded.

The Federal Law is entered into force one month after the day of its official publication, however, no sooner than the next tax period for the value added tax.

Decision of the Government of the Russian Federation No. 667 of November 11, 2006 on the Amount of Payment Collected for the Granted Copies of Documents Containing Information Included in the State Water Register and Procedure of Its Collection

According to the new Water Code of the Russian Federation entering into force from January 1, 2007, the State Water Register is created for providing information support of the complex use of water objects, use of water objects for designated purposes, their protection. The Register is a systematised summary of documented information on the water objects available in the federal property, property of the subjects of the Russian Federation, municipal formations, natural persons and legal entities, their use, river basins, basin districts.

Information of the State Water Register is of open nature. Copies of documents containing information included in the State Water Register are provided at cost. The amount of payment for legal entities and natural persons makes Rbl 50 for a page of A4 format.

Copies of documents are provided to the application of the person submitted to the Federal Agency of Water Resources or its territorial body. The payment is transferred through the bank or another credit organisation and is entered as incomes in the federal budget. The document confirming the transfer of payment (copy of the payment order, slip) is presented by the interested party to the Federal Agency of Water Resources or its territorial body where the application is received.

The Decision is entered into force from January 1, 2007.