Monitoring of the Federal Legislation dated 17.06.2008

Federal Law No. 83-FZ of June 11, 2008 on the Amendments to Article 12 of the Federal Law on the Development of Agriculture

The Federal Law envisages opportunities of increasing the total amount of subsidies granted to agricultural producers to compensate part of expenses under issuance contracts.

Decision of the Government of the Russian Federation No. 452 of June 12, 2008 on the Amendments to the List of the Federal Bodies of Executive Power in Charge of Licensing

Hands over the functions of the dissolved Federal Agency of the Industry to the Ministry of the Industry and Trade of Russia.

Decision of the Government of the Russian Federation No. 444 of June 11, 2008 on the Federal Agency for Fishing

Pursuant to the reorganisation of the State Committee of the Russian Federation for Fishing into the Federal Agency for Fishing, endorses the Regulation on the activities of the mentioned agency.

Decision of the Government of the Russian Federation No. 433 of June 5, 2008 on the Endorsement of the Regulation on the Creation of Special Purpose Geodesic Networks

The Federal Law on the state cadastre of immovable property being in effect from March 1, 2008 specifies that the geodesic basis of the cadastre is the state geodesic network and the special purpose geodesic networks.

Decision of the Government of the Russian Federation No. 413 of June 2, 2008 on the Prolongation of the Rate of the Import Customs Duty for the Rolled Products of Aluminium Alloys Measuring in Thickness More Than 0.2 mm, Painted, Varnished or Coated with Plastics

Prolongs for 9 months the rate of the import customs duty for the rolled products of aluminium alloys measuring in thickness more than 0.2 mm, painted, varnished or coated with plastics (code according to the Foreign Trade Commodity Nomenclature of Russia 7606 12 500 0).

Decision of the Government of the Russian Federation No. 398 of May 27, 2008 on the Amendments to Some Acts of the Government of the Russian Federation Pursuant to the Adoption of the Federal Law on the Amendments to Articles 4 and 18 of the Law of the Russian Federation on the State Secret

The Federal Law on the state secret was amended to permit the handing over of information comprising the state secret also to international organisations.

Letter of the Central Bank of Russia No. 64-T of June 3, 2008 on the Revocation of the Letters of the Bank of Russia

The banks are obliged to disclose to borrower natural persons the full cost of the credit (including commission and fees) before concluding the credit contract or changing its terms if it affects the credit cost.