Monitoring of the Federal Legislation dated 28.11.2008

Decision of the Government of the Russian Federation No. 790 of October 27, 2008 on the Amendments to the Typical Rules of Trust Control of the Open-Type Shared Investment Fund

Revises the typical rules of trust control of the open-type shared investment fund.

Regulation of the Central Bank of Russia No. 325-P of October 29, 2008 on the Particulars of the Issue (Additional Issue) and Registration of Stocks of a Bank in the Course of Implementation by the Central Bank of the Russian Federation (Bank of Russia) and the State Corporation Deposit Insurance Agency of the Measures to Prevent the Bankruptcy of a Bank Participating in the System of Obligatory Insurance of Deposits of Natural Persons in the Banks of the Russian Federation

The Deposit Insurance Agency may be assigned the bank's interim administration.

Direction of the Central Bank of Russia No. 2110-U of October 29, 2008 on the Amendments to the Instruction of the Bank of Russia No. 109-I of January 14, 2004 on the Procedure for the Bank of Russia to Take the Decision of the State Registration of Credit Organisations and Issue of Licenses for Bank Operations

To prevent the bankruptcy of banks, the Central Bank of Russia is empowered with authority to reduce on a compulsory basis their registered capital to the amount of own resources (capital).

Direction of the Central Bank of Russia No. 2107-U of October 29, 2008 on the Assessment of the Bank's Financial Standing to Solve the Issue of Expediency of Participation of the State Corporation Deposit Insurance Agency in the Measures of Prevention of Its Bankruptcy

The Central Bank of Russia and the state corporation Deposit Insurance Agency are authorised to take measures to prevent the bankruptcy of banks.

Direction of the Central Bank of Russia No. 2106-U of October 29, 2008 on the Procedure for the Bank of Russia to Take Decisions to Send a Proposal to the State Corporation Deposit Insurance Agency to Participate in the Prevention of the Bankruptcy of a Bank and on the Coordination (Endorsement) of the Plan of Participation of the State Corporation Deposit Insurance Agency in the Prevention of the Bankruptcy of a Bank

Regulates the procedure for the Central Bank of Russia to take the decision on the measures to prevent the bankruptcy of a bank.

Direction of the Central Bank of Russia No. 2108-U of October 29, 2008 on the Procedure for the Bank of Russia to Take the Decision to Reduce the Registered Capital of a Bank to the Amount of Own Resources (Capital)

The Bank of Russia and the state corporation Deposit Insurance Agency are authorised until the end of 2011 to take measures to prevent the bankruptcy of banks.

Direction of the Central Bank of Russia No. 2109-U of October 29, 2008 on the Amendments to the Regulation of the Bank of Russia No. 279-P of November 9, 2005 on the Interim Administration for the Management of the Credit Organisation

The Deposit Insurance Agency is permitted now to execute the functions of the bank's interim administration.

Direction of the Central Bank of Russia No. 2111-U of October 29, 2008 on the Amendments to the Regulation of the Bank of Russia No. 271-P of June 9, 2005 on the Processing of Documents Submitted to the Territorial Institution of the Bank of Russia to Obtain the Decision of the State Registration of Credit Organisations, Issue of Licenses for Bank Operations and the Keeping of Databases of Credit Organisations and Their Divisions

The amendments are adopted since the Bank of Russia and the Deposit Insurance Agency are empowered with authority to prevent the bankruptcy of banks until December 31, 2011.

Direction of the Central Bank of Russia No. 2112-U of October 29, 2008 on the Amendments to the Instruction of the Bank of Russia No. 126-I of November 11, 2005 on the Procedure to Regulate Relations Pertaining to the Measures of Prevention of Insolvency (Bankruptcy) of Credit Organisations

The prevent the bankruptcy of banks, the Bank of Russia may demand from them to take measures of financial rehabilitation or reorganisation.

Direction of the Central Bank of Russia No. 2113-U of October 29, 2008 on the Amendments to the Direction of the Bank of Russia No. 1483-U of July 30, 2004 on the Procedure to Prohibit to Attract in Deposits Monetary Resources of Natural Persons and to Open Bank Accounts of Natural Persons to the Bank Having Refused to Participate in the Deposit Insurance System or Failing to Comply with the Requirements of Participation in the Deposit Insurance System

To support the stability of the banking system, the Central Bank of Russia and the state corporation Deposit Insurance Agency are empowered with additional authority.

Decision of the Government of the Russian Federation No. 802 of October 31, 2008 on the Rates of Export Customs Duties for Raw Oil and Individual Categories of Commodities of Oil Exported from the Territory of the Russian Federation Outside the Member-States of the Customs Union Agreements

Reduces the rates of export customs duties for raw oil and individual categories of commodities of oil exported from the territory of the Russian Federation outside the member-states of the Customs Union agreements.

Letter of the Federal Tax Service No. ChD-6-6/671@ of September 25, 2008 on the Application of the All-Russia Classifier of the Types of Economic Activities in the Course of the State Registration

From January 1, 2008 until January 1, 2011, a new version of the classifier is added - OK 029-2007 (KDES 1.1). The older version, OK 029-2001 (KDES 1), is also in use.

Direction of the Central Bank of Russia No. 2086-U of October 6, 2008 on the Particulars of Indication of Information in the Payment Documents and Pay Orders Transmitted in the Electronic Form in the Course of Cashless Payments through the Bank of Russia

Introduces some particulars of indication of information in the payment documents and pay orders transmitted in the electronic form in the course of cashless payments through the Bank of Russia.

Message of the President of the Russian Federation to the Federal Assembly of the Russian Federation of November 5, 2008

Provides assessment of the existing situation in the country and specifies the priorities of further development of Russia.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-02-07/1-427 of October 24, 2008 on the Right of Taxpayers to Get Information on the Procedure of Calculation and Payment of Taxes and Fees from the Tax Bodies

Taxpayers may get at the place of their registration from the tax bodies free information on the actual taxes and fees, legislation on taxes and fees and related normative legal acts, procedure of calculation and payment of taxes and fees, rights and duties of taxpayers, sphere of reference of the tax bodies and their officials.

Order of the Ministry of Internal Affairs of the Russian Federation No. 822 of September 24, 2008 on the Additional Payments to Individual Categories of Servicemen of the Internal Troops of the Ministry of Internal Affairs of Russia

From January 1, 2009, introduces an additional monthly mark-up for the special conditions of service to individual categories of contract servicemen of the Ministry of Internal Affairs of Russia.

Order of the Ministry of Education and Science of the Russian Federation No. 286 of October 9, 2008 on the Endorsement of the Administrative Regulation of the Federal Agency of Education on the Provided State Service "The Opening of Post-Graduate Courses in Institutions of Higher and Additional Professional Education and Scientific Organisations"

The Federal Agency of Education shall open post-graduate courses in institutions of higher and additional professional education and scientific organisations free of charge in the framework of the rendered state service.

Federal Law No. 195-FZ of November 8, 2008 on the Amendments to the Federal Law on the Protection of Competition

Extends the list of agreements of which financial organisations must not notify the antimonopoly body.

Decision of the Government of the Russian Federation No. 804 of November 5, 2008 on the Amendments to the Regulation on the Procedure of Customs Registration of Commodities Moved Across the Customs Border of the Russian Federation by Natural Persons for Personal Use

From January 1, 2009, import certificates for cars temporarily imported by citizens to the Russian Federation will be drawn up by the customs bodies at the place of arrival for the whole period of import.

Information Letter of the Federal Tax Service No. ShS-6-3/765@ of October 24, 2008 on the Payment of the Profit Tax from Organisations

Explains some issues of calculation of advance payments for the profit tax from organisations.

Federal Law No. 202-FZ of November 8, 2008 on the Amendments to the Federal Law on the Ecological Expert Evaluation

Brings individual norms of the Law on the expert evaluation in compliance with some legislative acts.

Federal Law No. 201-FZ of November 8, 2008 on the Amendments to Article 1473 of Part 4 of the Civil Code of the Russian Federation

Only companies with more than 75% of stocks belonging to the Russian Federation may use in their corporate names the words "Russian Federation", "Russia" and their derivates.

Federal Law No. 199-FZ of November 8, 2008 on the Ratification of the Agreement between the Government of the Russian Federation and the Government of the Republic of Philippines on the Terms of Mutual Trips of Holders of Diplomatic and Service (Official) Passports

The ratified Agreement was signed in the city of Manila (Republic of Philippines) on August 3, 2007.

Federal Law No. 198-FZ of November 8, 2008 on the Ratification of the Consular Convention between the Russian Federation and the People's Republic of Bangladesh

Ratifies the Consular Convention between the Russian Federation and the People's Republic of Bangladesh.

Federal Law No. 196-FZ of November 8, 2008 on the Amendment to Article 12 of the Federal Law on the Industrial and Consumption Waste

Specifies that waste disposal is prohibited within the boundaries of residential settlements.

Decision of the Government of the Russian Federation No. 828 of November 7, 2008 on the Amendments to the Decision of the Government of the Russian Federation No. 732 of December 5, 2005

The volume of import specified for the year 2008 is distributed among importers proportionally to the average volumes of beef, pork and poultry meet imported by them to the Russian Federation in 2005-2007.

Decision of the Government of the Russian Federation No. 822 of November 7, 2008 on the Endorsement of the Rules of Submission of the Design Documentation for Objects Planned for Construction, Reconstruction, Capital Repair on the Lands of the Specially Protected Natural Territories for the Purposes of the State Expert Evaluation and the State Ecological Expert Evaluation

The city-planning and ecological expert evaluation is necessary for the design documentation of objects planned for construction, reconstruction on the lands of the specially protected natural territories.

Decision of the Social Insurance Fund of the Russian Federation No. 209 of October 15, 2008 on the Endorsement of the Form and Procedure of Submission of the Report of Use of Amounts of Insurance Contributions for Obligatory Social Insurance against Industrial Accidents and Occupational Diseases to Finance Preventive Measures to Reduce Industrial Injuries and Occupational Diseases of Employees

Insurants may allocate part of insurance contributions for obligatory social insurance against industrial accidents and occupational diseases to finance preventive measures to reduce industrial injury rates and occupational diseases of employees, as well as the sanatorium and resort treatment of employees.

Direction of the Central Bank of Russia No. 2090-U of October 8, 2008 on the Amendments to the Regulation of the Bank of Russia No. 302-P of March 26, 2007 on the Rules of Accounting Work in Credit Organisations Located on the Territory of the Russian Federation

Introduces amendments to the Chart of Accounts of credit organisations.

Federal Law No. 193-FZ of November 8, 2008 on the Amendments to the Federal Law on the Federal Budget for the Year 2008 and for the Planned Period of 2009 and 2010

The amendments are aimed at solving the tasks set forth by the President of the Russian Federation, for example, rendering aid to the financial system of the Russian Federation.

Decision of the Government of the Russian Federation No. 840 of November 10, 2008 on the Endorsement of the Rates of Import Customs Duties for Individual Types of Civil Aircraft

Endorses on the permanent basis the rates of customs duties for the import to the Russian Federation of individual types of aircraft.

Decision of the Government of the Russian Federation No. 836 of November 7, 2008 on the Endorsement of the Quota for the Issue of Invitations to Foreign Citizens to Enter the Russian Federation for the Purposes of Employment for the Year 2009

The quota for the issue of invitations to foreigners to enter the Russian Federation for the purposes of employment for the year 2009 is fixed in the amount of 1,250,769.

Decision of the Government of the Russian Federation No. 835 of November 7, 2008 on the Endorsement of the Quota for the Issue of Employment Permissions to Foreign Citizens for the Year 2009

In 2009, the quota for foreigners makes 3,976,747 employment permissions.

Decision of the Government of the Russian Federation No. 834 of November 7, 2008 on the Demand for Foreign Workforce for the Russian Federation in 2009

The Government of the Russian Federation determines each year the demand for foreign workforce for the Russian Federation taking into account the political, economic, social and demographic situation, as well as assessment of the efficiency of use of the foreign workforce.

Decision of the Government of the Russian Federation No. 813 of November 7, 2008 on the Interim Rates of Import Customs Duties for Waste and Scrap of Ferrous Metals, Individual Types of Rolled Stock

To support the domestic metal making and motor industry, introduces on the temporary basis (for 9 months) the zero rates of import customs duties for waste and scrap of cast iron, alloyed steel, ferrous metals, batch lump.

Information of the Central Bank of Russia of November 11, 2008

To reduce the outflow of capital from Russia and confine inflation trends, increases the rate of refinancing and the interest rates for operations carried out by the Central Bank.

Decision of the Government of the Russian Federation No. 823 of November 7, 2008 on the Procedure of Official Publication of the List of Parts of Subsoil Resources of Federal Significance in the Official Source of the Russian Federation

Parts of subsoil resources may acquire the status of federal significance for the purposes of the country's defence and state security.

Regulation of the Central Bank of Russia No. 322-P of October 9, 2008 on the Procedure for the Tax Body to Send a Decision to the Bank to Suspend Operations on the Accounts of the Taxpayer Organisation or Decision to Revoke the Suspension of Operations on the Accounts of the Taxpayer Organisation in the Electronic Form through the Bank of Russia

Provides opportunities of sending such decisions in the electronic form through the Bank of Russia.

Direction of the Central Bank of Russia No. 2121-U of November 6, 2008 on the Amendments to the Direction of the Bank of Russia No. 1376-U of January 16, 2004 on the List, Forms and Procedure of Drawing up and Submission of the Forms of Reports of Credit Organisations to the Central Bank of the Russian Federation

Some changes are introduces from January 1, 2009.

Letter of the Ministry of Finance of the Russian Federation No. 03-02-07/2-192 of October 29, 2008 on the Absence of Grounds to Accrue Penalties after Expiry of the Preclusive Term of Collection of Debts in Taxes

The penalties for the debts in taxes may not accrue after expiry of the preclusive term, since execution of the duty to pay the penalties may not occur separately from the duty to pay the tax itself.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-03-06/1/610 of October 28, 2008 on the Registration for the Purposes of the Profit Tax from Organisations of Expenses in the Form of the Rent for the Land Plot Used for Construction

According to the Tax Code of the Russian Federation, expenses in the form of the rent may be registered for profit taxation purposes as other expenses pertaining to production and sales.

Decision of the Government of the Russian Federation No. 842 of November 10, 2008 on the Minimum and Maximum Amounts of the Unemployment Allowance for the Year 2009

The maximum amount of the unemployment allowance in 2009 will make Rbl 3,400 and the minimum amount, Rbl 850.

Order of the Federal Service of Enforcement in the Sphere of Mass Communication and No. 217 of October 17, 2008 on the Endorsement of the Procedure of Publication and Entry into Force of the Acts of the Federal Service of Enforcement in the Sphere of Mass Communication Recognised by the Ministry of Justice of the Russian Federation As Not Needing the State Registration

The Federal Service of Enforcement in the Sphere of Mass Communication has become a separate body after the reorganisation of the Federal Service of Enforcement of Observation of Legislation in the Sphere of Mass Communication and Protection of Cultural Heritage.

Decision of the Government of the Russian Federation No. 843 of November 10, 2008 on the Endorsement of the Regulation on the State Control in the Sphere of Protection, Reproduction and Use of Objects of Fauna and Their Habitat

Regulates the procedure of state control in the sphere of protection, reproduction and use of objects of fauna (except for the aquatic bioresources) and their habitat.

Decision of the Government of the Russian Federation No. 841 of November 10, 2008 on the Customs Regime of Processing outside the Customs Territory of the Russian Federation of Precious Metals or Metals Coated with Precious Metals

Endorses the list of precious metals and metals coated with precious metals that cannot be placed under the customs regime of processing outside the customs territory of the Russian Federation.

Decision of the Government of the Russian Federation No. 803 of November 1, 2008 on the Endorsement of the Rules of Granting of State Guarantees of the Russian Federation in Foreign Currencies for the Purposes of State Support of the Export of Industrial Products (Commodities, Works, Services)

Introduces a new procedure of granting of state guarantees of the Russian Federation in foreign currencies for the purposes of state support of the export of the Russian-made industrial products.

Decision of the Plenum of the Supreme Court of the Russian Federation No. 23 of November 11, 2008 on the Amendments to Some Decisions of the Plenum of the Supreme Court of the Russian Federation

Refines individual explanations of the Plenum of the Supreme Court of the Russian Federation after introduction of amendments to the Code of Administrative Violations of the Russian Federation having entered into force from January 1, 2008 (some norms have entered into force from July 1, 2008).

Order of the Ministry of Internal Affairs of the Russian Federation No. 720 of August 15, 2008 on the Amendments to the Order of the Ministry of Internal Affairs of Russia No. 449 of May 23, 2008

The amendments are stipulated by the transfer of the time limit of introduction of the simplified procedure of registration of a road accident (without the police officer) from December 1, 2008 to March 1, 2009.

Order of the Ministry of Finance of the Russian Federation No. 111n of October 10, 2008 on the Endorsement of the Administrative Regulation on the Execution by the Federal Tax Service of the State Function of Licensing in Compliance with the Legislation of the Russian Federation of Activities in the Sphere of Production and Circulation of Ethyl Alcohol, Alcoholic and Alcohol-Containing Products

The Federal Tax Service of Russia and its departments in the subjects of the Russian Federation are in charge of the licensing of activities in production and circulation of ethyl alcohol, alcoholic and alcohol-containing products.

Order of the Ministry of Economic Development of the Russian Federation No. 395 of November 12, 2008 on the Deflator Coefficient for the Purposes of Application of Chapter 26.2 of the Tax Code of the Russian Federation "Simplified System of Taxation" for the Year 2009

In 2009, the deflator coefficient necessary for the indexing of the amount of expenses restricting the right of switchover to and/or application of the simplified system of taxation is fixed in the amount of 1.538.

Order of the Ministry of Economic Development of the Russian Federation No. 392 of November 12, 2008 on the Deflator Coefficient K1 for the Year 2009

In 2009, the deflator coefficient K1 necessary for the calculation of the taxable base for the uniform imputed income tax will make 1.148.

Decision of the Management Board of the Pension Fund of Russia No. 296p of October 13, 2008 on the Endorsement of the Procedure of Registration and Removal from Records in the Territorial Bodies of the Pension Fund of the Russian Federation of Insurants Making Payments to Natural Persons

The procedure of registration in the territorial bodies of the Pension Fund of Russia of insurants making payments to natural persons is being brought in compliance with the actual legislation on obligatory pension insurance.

Direction of the Central Bank of Russia No. 2123-U of November 11, 2008 on the Rate of Refinancing of the Bank of Russia

The rate of refinancing of the Bank of Russia is increased once again from 11% to 12% annual beginning with November 12, 2008.

Decree of the President of the Russian Federation No. 1625 of November 17, 2008 on the Amendments to Some Acts of the President of the Russian Federation

Appropriate federal bodies of executive power acting as ordering parties for the products (works, services) for the country's defence and state security may specify their own requirements in addition to the requirements of technical regulations.

Order of the Government of the Russian Federation No. 1665-r of November 19, 2008

Transfers in the registered capital of the state corporation Bank of Development and Foreign Trade Activities (Foreign Trade Bank) a property contribution of the Russian Federation in the amount of Rbl 75 billion.

Direction of the Central Bank of Russia No. 2128-U of November 12, 2008 on the Amendments to the Regulation of the Bank of Russia No. 323-P of October 16, 2008 on the Granting of Credits of the Bank of Russia without Security to Russian Credit Organisations

Amends the rules of assessment of creditworthiness of credit organisations for the purposes of credits of the Bank of Russia granted without security for up to six months.

Letter of the Federal Tax Service No. ShS-6-3/832@ of November 17, 2008 on the Licensing of Forest Fire Extinguishing Activities

Licensing is not required for such activities.

Order of the Ministry of Finance of the Russian Federation No. 112n of October 15, 2008 on the Endorsement of the Procedure of Transfer of the Amounts of Export Customs Duties to the Federal Budget in Cases of Re-Export of Commodities Originating in the Russian Federation by Other Member-States of the Eurasia Economic Community

Re-export of some of Russian-made commodities is permitted for other member-states of the Eurasia Economic Community only in the presence of the permission issued by the Ministry of the Industry and Trade of the Russian Federation.

Information Letter of the Federal Tax Service on the Information Necessary for the Calculation of the Tax on Extraction of Mineral Resources for Oil for October 2008

Pursuant to the reduction of prices for oil, the rate of the tax on extraction of mineral resources for oil is reduced as compared to the previous tax period.

Decision of the Government of the Russian Federation No. 860 of November 19, 2008 on the Cost of Living in Per Capita Figures and for the Main Socio-Demographic Groups of Population on the Whole for the Russian Federation for the I and II quarters of 2008

The cost of living for the whole of the Russian Federation in per capita figures is fixed in the amount of Rbl 4,402 for the I quarter and Rbl 4,646 for the II quarter of 2008.

Letter of the Federal Tax Service No. ShS-6-3/827@ of November 13, 2008 on the Procedure of Application of Paragraph 9 of Item 4 of Article 170 of the Tax Code of the Russian Federation.

Specifies the procedure of keeping of separate records for VAT amounts presented for the purchased commodities (works, services) that are used for both operations only subject to or only exempted from VAT and for simultaneous use in the mentioned operations.

Federal Law No. 223-FZ of November 25, 2008 on the Amendments to the Code of Civil Procedures of the Russian Federation

Adjusts the procedure of reimbursement of court expenses, payments to witnesses and interpreters.

Federal Law No. 220-FZ of November 25, 2008 on the Amendments to Article 17 of the Federal Law on Narcotic Drugs and Psychotropic Substances

Maintains existing volumes of production of narcotic drugs and psychotropic substances necessary in the sphere of public health.

Federal Law No. 217-FZ of November 25, 2008 on the Insurance Tariff Rates for Obligatory Social Insurance against Industrial Accidents and Occupational Diseases for the Year 2009 and for the Planned Period of 2010 and 2011

The procedure that was in effect in 2006 and 2007 is extended also for 2009 and for the planned period of 2010 and 2011.

Federal Law No. 213-FZ of November 24, 2008 on the Ratification of the Agreement on the Outfit of the Territory, Joint Use of Objects of Military Infrastructure of the Member-States of the Organisation of the Collective Security Treaty

Ratifies the Agreement regulating the issues of joint use of objects of military infrastructure by the armed forces of the member-states.

Federal Law No. 212-FZ of November 24, 2008 on the Ratification of the Agreement on the Creation of the System of Management of Forces and Resources of the Collective Security System of the Organisation of the Collective Security Treaty

The ratified Agreement is aimed at safeguarding the military security of the member-states of the Organisation of the Collective Security Treaty.

Federal Law No. 211-FZ of November 24, 2008 on the Ratification of the Treaty of Friendship, Cooperation and Mutual Aid between the Russian Federation and the Republic of Abkhazia

The ratified Treaty was signed in Moscow on September 17, 2008.

Federal Law No. 210-FZ of November 24, 2008 on the Ratification of the Treaty of Friendship, Cooperation and Mutual Aid between the Russian Federation and the Republic of South Ossetia

Ratifies the Treaty singed in Moscow on September 17, 2008.

Federal Law No. 209-FZ of November 24, 2008 on the Amendment to Article 149 of Part 2 of the Tax Code of the Russian Federation

VAT shall not be collected from operations of sale of commodities, works, services carried out by the production shops of corrective institutions of the criminal execution system.

Federal Law No. 208-FZ of November 24, 2008 on the Amendment to Article 346.14 of Part 2 of the Tax Code of the Russian Federation

From January 1, 2009, taxpayers using the simplified system of taxation may change the object of taxation once a year.

Federal Law No. 206-FZ of November 24, 2008 on the Suspension of Individual Legislative Acts of the Russian Federation Pursuant to the Adoption of the Federal Law on the Federal Budget for the Year 2009 and for the Planned Period of 2010 and 2011

Until January 1, 2012, suspends individual federal laws, because the federal budget for the year 2009 and for the planned period of 2010 and 2011 does not envisage resources for their implementation.

Federal Law No. 205-FZ of November 24, 2008 on the Amendments to Individual Legislative Acts of the Russian Federation Pursuant to the Adoption of the Federal Law on the Federal Budget for the Year 2009 and for the Planned Period of 2010 and 2011

Amends individual legislative acts, since their provisions fail partially to meet the requirements of the budget legislation.

Federal Law No. 204-FZ of November 24, 2008 on the Federal Budget for the Year 2009 and for the Planned Period of 2010 and 2011

The total volume of incomes of the federal budget for the year 2009 is specified at the level of Rbl 10,927.1 billion, for the year 2010, Rbl 11,733.6 billion, for the year 2011, Rbl 12,839 billion. The volume of expenses must make Rbl 9,024.7 billion in 2009, Rbl 10,320.3 billion in 2010 and Rbl 11,317.7 billion in 2011.

Order of the Ministry of Transport of the Russian Federation No. 147 of September 12, 2008 on the Endorsement of the Federal Aviation Rules "Requirements to the Members of the Crew of Air Vessels, Specialists of Maintenance of Air Vessels and Civil Aviation Flight Support Employees (Traffic Controllers)"

Specifies the requirements to the types of aviation personnel: private and commercial pilots, pilot of a crew, line pilot, pilot of a glider or a super light vessel etc.

Federal Law No. 214-FZ of November 25, 2008 on the Budget of the Pension Fund of the Russian Federation for the Year 2009 and for the Planned Period of 2010 and 2011

Endorses the main characteristics of the budget of the Pension Fund of the Russian Federation for the years 2009-2011.

Federal Law No. 215-FZ of November 25, 2008 on the Budget of the Federal Fund of Obligatory Medical Insurance for the Year 2009 and for the Planned Period of 2010 and 2011

Regulates budget relations of the Federal Fund of Obligatory Medical Insurance of the Russian Federation for the year 2009 and for the planned period of 2010 and 2011.

Federal Law No. 224-FZ of November 26, 2008 on the Amendments to Part 1, Part 2 of the Tax Code of the Russian Federation and Individual Legislative Acts of the Russian Federation

Improves taxation administration, procedure of calculation and payment of the value added tax, incomes tax from natural persons, profit tax from organisations and the uniform social tax.

Federal Law No. 216-FZ of November 25, 2008 on the Budget of the Social Insurance Fund of the Russian Federation for the Year 2009 and for the Planned Period of 2010 and 2011

Adopts the budget of the Social Insurance Fund do Russia for the year 2009 and for the panned period of 2010 and 2011.

Decision of the Government of the Russian Federation No. 858 of November 19, 2008 on the Procedure of Working out and Endorsement of the Summary Rules

Summary rules are adopted in case of absence of national standards.

Decision of the Government of the Russian Federation No. 870 of November 20, 2008 on the Reduced Length of Working Time, Additional Annual Paid Leave, Increased Labour Remuneration for Employees Engaged in Heavy Works, Works with Adverse and/or Hazardous or Other Special Working Conditions

Employees engaged in heavy works, works with adverse and/or hazardous or other special working conditions may work now no longer than 36 hours a week and enjoy an additional annual paid leave of at least 7 calendar days.

Notification of the Chairman of the Council of the Federation of the Federal Assembly of the Russian Federation No. SF-236 of November 26, 2008 on the Law of the Russian Federation on the Amendment to the Constitution of the Russian Federation on the Change of the Term of Powers of the President of the Russian Federation and the State Duma

The term of powers of the President of the Russian Federation and the State Duma are suggested to be extended to 6 and 5 years respectively.

Notification of the Chairman of the Council of the Federation of the Federal Assembly of the Russian Federation No. SF-238 of November 26, 2008 on the Law of the Russian Federation on the Amendment to the Constitution of the Russian Federation on the Authority of the State Duma to Control the Government of the Russian Federation

The Government of the Russian Federation shall report on the annual basis to the State Duma the results of its activities, including the issues put forward by the State Duma.

Decision of the Government of the Russian Federation No. 877 of November 26, 2008 on the Transfer of Days-Off in 2009

The working day of Friday, January 9, 2009, is transferred to Sunday, January 11.

Decision of the Government of the Russian Federation No. 876 of November 26, 2008 on the Endorsement of the Rates of Export Customs Duties for Raw Oil and Individual Categories of Commodities of Oil Exported from the Territory of the Russian Federation outside the Member-States of the Customs Union Agreements

From December 1, 2008, reduces the rates of export customs duties for raw oil and individual oil products exported from the Russian Federation outside the member-states of the Customs Union agreements.

Information of the Central Bank of Russia of November 28, 2008

Increases for the sixth time during the current year the rate of refinancing of the Bank of Russia to make 13% from December 1, 2008.