Monitoring of the Federal Legislation dated 11.04.2002

Decision of the Government of the Russian Federation No. 226 of April 2, 2002 on the Pricing for Electric and Thermal Power

Defines the main principles and methods of forming and regulation of tariff rates (prices) for electric and thermal power, as well as payment for the respective services. In particular, defines the pricing procedure at the wholesale and retail trade (consumer) markets, specifies the requirements to the activities of regulating bodies. When the tariff rates (prices) are being fixed, organizations engaged in the regulated activities get compensation for economically substantiated expenses for produced output (services) and obtained profit.
The Decision also endorses the Rules of state regulation and application of tariff rates (prices) for electric and thermal power in the Russian Federation. The Rules define the grounds and procedure for fixing (revision) of tariff rates (prices) in the power supply industry.

Decision of the Federal Commission for Securities Market No. 5/ps of March 21, 2002 on the Procedure of Calculation of Own Resources of the Managing Company of Investment Funds, Shared Investment Funds and Non-State Pension Funds

The amount of own resources of the managing company is determined as a result of separation of the accounting balance "Capital and Reserves" less non-material assets at residual cost, unfinished construction, cost of financial investments in affiliated and dependent companies, promissory notes, receivables and other.
Registered in the Ministry of Justice of the Russian Federation on April 8, 2002. Reg. No. 3355.

Direction of the Central Bank of Russia No. 1134-U of April 8, 2002 on the Amendments to the Direction of the Bank of Russia No. 842-U of October 3, 2000 on the Entering into Force of Individual Normative Documents of the Bank of Russia Regulating the Granting of Credits to Banks Backed with Collateral and Guarantees

The interest rate for the credits of the Bank of Russia backed with promissory notes of organizations of the sphere of material production and bank guarantees is fixed to amount to 12.5% annual. Earlier, the interest rate for the credits of the Bank of Russia amounted to 0.5 of the rate of refinancing.
The Direction is to be published in the Herald of the Bank of Russia and is entered into force from the moment of signing.

Order of the Ministry of Taxes and Revenues of the Russian Federation No. BG-3-32/169 of April 2, 2002 on the Endorsement of the Procedure of Submission of the Tax Declaration in the Electronic Form Via Telecommunication Channels

Defines the general principles of organization of information exchange when the taxpayers submit the tax declaration in the electronic form via telecommunication channels. The submission of the tax declaration in the electronic form is arranged at the taxpayer desire in case of availability with the tax body of technical opportunities to receive it and process. The submission of the tax declaration in the electronic form is arranged through a special communication operator rendering services to the taxpayer. The day of submission of the tax declaration in the electronic form is considered to be the day of its sending. If the tax declaration is submitted in the electronic form, the taxpayer may apply to the tax body at the place of registration with request to get the extract of execution of tax obligations to the budget.

Decision of the State Construction Committee of the Russian Federation No. 16 of April 8, 2002 on the Measures to Switch Over to the New Normative Estimate Base of Pricing in Construction

The switchover to the new normative estimate base of pricing in construction must be carried out before January 1, 2003. During the transient period, it is permitted to use estimate normatives of the basic level of prices of 1991 (1984) for payments for the works under the contracts for construction, reconstruction, expansion, technical modernization and capital repair concluded before the entering into force of the Decision. Beginning with January 1, 2003, the Directorate of State Expert Evaluation of the State Construction Committee of the Russian Federation shall accept for consideration design estimate documentation for the new construction objects compiled on the basis of the new normative estimate base.

Telegram of the Central Bank of Russia No. 1133-U of April 8, 2002

Beginning with April 9, 2002, the rate of refinancing (bank rate) of the Bank of Russia is reduced to amount to 23% annual. Earlier, (from November 4, 2000), the bank rate amounted to 25%.

Letter of the Ministry of Taxes and Revenues of the Russian Federation No. 27-0-10/44-M033 of March 28, 2002

On March 22, 2002, the Russian Academy of Internet awarded a bonus to the official site of the Ministry of Taxes and Revenues of the Russian Federation www.nalog.ru in the "Bodies of Power and Local Government" nomination. The Ministry of Taxes and Revenues of the Russian Federation expresses gratitude to Garant company for the contribution to the maintenance and contents of the site. Owing to Garant company, they created an information resource aimed at providing each visitor with a full, open and constantly revised information on the tax legislation.

Letter of the Ministry of Taxes and Revenues of the Russian Federation No. BG-6-15/326 of March 21, 2002 on Some Issues of Implementation of the Federal Law on the State Pension Support in the Russian Federation

Conveys refined forms of the applications for the length-of-service pension to a state federal servant, certificate of the amount of his average monthly earnings and the certificate of the periods of service included in the length of state service.