Monitoring of the Federal Legislation dated 7.12.2001

Decision of the Government of the Russian Federation No. 845 of December 4, 2001 on the Amendment to and Invalidation of Some of the Acts of the Government of the Russian Federation Pursuant to the Introduction of the Tax on Extraction of Mineral Resources

The changes pertain to the replacement of the payments for the use of mineral resources (excise duties for oil and natural gas, deductions for the reproduction of the mineral raw material base) with the tax on the extraction of the mineral resources.
The Decision is entered into force from January 1, 2002.

Decision of the Government of the Russian Federation No. 844 of December 4, 2001 on the Endorsement of the Rules of Writing Off of the Debt of Organizations to the Federal Budget in Resources Handed Out on Payback Basis, Interest for Use of Them, Penalties and Fines Which Must Be Cancelled According to the Legislation of the Russian Federation

According to the endorsed Rules, the debt of the organization is to be written off in case of liquidation of this organization because of its insolvency (bankruptcy) pursuant to court decision. The rules specify the procedure of interaction of the Ministry of Finance of the Russian Federation and the territorial bodies of the federal treasury or agent banks in the writing off of the debt.

Direction of the Central Bank of Russia No. 1058-U of December 3, 2001 on the Amendment to the Regulation of the Bank of Russia No. 53-P of August 28, 1998 on the Circulation of the Issues of the Bonds of the Bank of Russia

Deployment of the issue of the bonds is carried out by the Bank of Russia in the form of auction arranged in the trade system and/or by way of concluding deals in the trade system at the fixed price suggested by the Bank of Russia.
The Direction is published in the Herald of the Bank of Russia on December 5, 2001, No. 74, and is entered into force from the day of its signing.

Direction of the Central Bank of Russia No. 1059-U of December 3, 2001 on the Amendments to the Regulation of the Bank of Russia No. 37 of March 30, 1996 on the Obligatory Reserves of Credit Organizations Deposited in the Central Bank of the Russian Federation

Specifies the particulars of application of the procedure of depositing of obligatory reserves envisaged in the mentioned Regulation in case of release of the credit organization from the control of the Agency for the Restructuring of Credit Organizations in cases of presence in the obligations of the credit organization registered on the balance accounts taken into account in the calculation of obligatory reserves of resources attracted from the Agency in the framework of the program of restructuring for the purposes of financial rehabilitation.
The Direction is published in the Herald of the Bank of Russia on December 5, 2001, No. 74, and is entered into force from the moment of publication.

Order of the State Customs Committee of the Russian Federation No. 1088 of November 16, 2001 on the Creation of the Moscow Province Highway Customs Station in the Central Excise Duty Customs Office

Creates the Moscow Province Highway Customs Station subordinate directly to the Central Excise Duty Customs Office located at the address of: 17 Krasnodarskaya St., Domodedovo, Moscow Province, 142000.
The given customs station is charged with the customs registration and customs control of transport vehicles with vehicle and chassis certificates moved across the customs border of the Russian Federation by natural persons (with exceptions) living or registered according to established procedure in the Moscow Province.

Order of the State Customs Committee of the Russian Federation No. 1058 of November 8, 2001 on the Amendments to the Order of the State Customs Committee of Russia No. 680 of July 17, 2001

Provides the new wording for the list of customs bodies in charge of the customs registration of alcoholic products, tobacco items and tobacco raw materials originating on the territory of the Republic of Moldova and imported to the customs territory of the Russian Federation by highway and railway transport to recipients and their structural divisions in Moscow and the Moscow Province. The list is extended to include the Gorensky and Dubininsky customs station with Paveletsky customs station being removed from it.
Registered in the Ministry of Justice of the Russian Federation on December 3, 2001. Reg. No. 3066.