Monitoring of the Federal Legislation dated 20.05.2011

Order of the Ministry of Economic Development of the Russian Federation No. 144 of April 4, 2011 on the Endorsement of the Procedure of Cadastral Division of the Territory of the Russian Federation and the Procedure of Assigning of Cadastral Numbers to Objects of Immovable Property

Introduces two new rules.

Order of the Ministry of Finance of the Russian Federation No. 27n of March 3, 2011 on the Composition of Information Included in the Annual Report of the Carried out Lotteries and Its Publication Procedure

Organisers and operators must publish annual reports before June 1.

Order of the Ministry of Finance of the Russian Federation No. 2n of January 13, 2011 on the Endorsement of the Procedure of Transfer of the Insurance Portfolio in the Cases of Application of Measures of Prevention of Bankruptcy of the Insurance Organisation, As Well As in the Course of Procedures Applied in the Cases of Bankruptcy of the Insurance Organisation

Clients must be informed of the transfer of the insurance portfolio in advance.

Letter of the Federal Tax Service No. AS-4-3/7741@ of May 13, 2011 on the Information Necessary for Calculation of the Tax on Extraction of Mineral Resources for Oil for April 2011

The tax rate for oil is increased.