Monitoring of the Federal Legislation dated 7.10.2002

Decision of the Government of the Russian Federation No. 740 of October 4, 2002 On the Invalidation of Decision of the Government of the Russian Federation No. 394 of May 21, 2001

It invalidates Decision of the Government of the Russian Federation which imposed a special duty on the importation from the Ukraine of non-ferrous metal pipes.
The Decision shall take effect upon the expiration of one month as from its official publication.

Decision of the Federal Securities Commission No. 31/pc of August 14, 2002 On the Endorsement of Regulations On the Make-up and Structure of Assets of Joint Stock Investment Funds and Assets of Share Investment Funds

It introduces categories of investment funds and sets requirements to the make-up and structure of assets of joint stock and share investment funds depending on the category of fund according to its investment declaration.
The make-up and structure of assets of share and joint stock investment funds shall be brought into line with the endorsed regulations within one year as from the effective date thereof.
Registered with the Ministry of Justice of the Russian Federation in September 27, 2002. Registration No. 3819.

Order of the State Customs Committee of the Russian Federation No. 884 of August 22, 2002 On the Customs Clearance and Customs Control of Goods and Transport Vehicles Shifted Across the Russian-Kazakhstan Border To Ensure the Functioning of Baikonur Complex

The order shall apply to goods and transport vehicles required to ensure the functioning of Baikonur complex. The status of goods shall be confirmed by submitting to the customs border of the Russian Federation guarantee obligations certified with the signature of duly authorized officials of Rosaviakosmos (Russian Air and Space Agency) or of the Ministry of Defence of the Russian Federation and with relevant seals. The customs clearance and customs control of the said goods shall be effected through an easy procedure without submission of licenses and other authorizations of state bodies, without payment of customs duties, dues and taxes for customs clearance, without execution of a procedure of delivery of goods under customs control and also without mandatory putting the said goods into temporary storage warehouses. The goods shall be declared by submitting transport and goods covering documents as a customs declaration. The customs inspection of goods shall be effected in exceptional cases when there ar e sufficient grounds to believe that a specific consignment of goods is being shifted in violation of the customs legislation of the Russian Federation.
Registered with the Ministry of Justice of the Russian Federation in September 27, 2002. Registration No. 3820.