Monitoring of the Federal Legislation dated 28.10.2002

Decision of the Government of the Russian Federation of October 24, 2002 On Endorsement of the Rules of Spending Federal Budget Funds On Activities Associated with Deportation or Administrative Expulsion of Foreign Nationals and Stateless Persons Outside the Russian Federation When It Is Impossible to Identify the Inviting Party

The funding of activities associated with deportation or administrative expulsion of foreign nationals and stateless persons shall be effected by the Ministry of Internal Affairs of the Russian Federation and the Federal Border Service of the Russian Federation by using the funds earmarked in the federal budget for a respective year. The said funds shall be used to buy travelling documents to the deportees or to-be-expelled persons, keep them in specially assigned premises pending the enforcement of the decision on deportation or administrative expulsion, to carry out other actions.

Directive of the Central Bank of Russia No. 1190-U of September 2, 2002 On Business Accounting of Transactions of Granting and Repayment of Loans of the Bank of Russia (intra-day loans, overnight loans and collateral loans) At Credit Institutions

It establishes a procedure for maintaining accounts by credit institutions of accrued and overdue liabilities of the bank with respect to the loans received from the Central Bank of Russia and also of record-keeping of securities passed over as a collateral for the loans received.
The Directive shall take effect as from January 1, 2003.
Registered with the Ministry of Justice of the Russian Federation in October 18, 2002. Registration No. 3879.

Order of the State Customs Committee of the Russian Federation No. 1022 of September 23, 2002 On Places of Delivery, Customs Clearance and Temporary Storage of Excise-Liable Goods To Be Marked With Excise Stamps

It lists the customs bodies which are the places of delivery and customs clearance of excise-liable goods to be marked with excise stamps. The order shall not apply to the goods placed under a duty-free shop regime or imported by individual categories of foreigners enjoying customs privileges in accordance with Section VII of the Tax Code of the Russian Federation or imported by individuals not for production or other commercial purposes.
Registered with the Ministry of Justice of the Russian Federation in October 18, 2002. Registration No. 3869.

Letter of the Ministry of Finance of the Russian Federation No. 16-00-14/359 of September 16, 2002 On Business Accounting of the Fixed Assets Following the Entry Into Effect of Chapter 25 of the Tax Code of the Russian Federation

All and any objects of business accounting which, prior to the entry into effect of Chapter 25 of the Ministry of Taxes and Fees of the Russian Federation, used to be treated as part of the fixed assets shall, for purposes of accounting, remain to be a part of the fixed assets until their withdrawal (sale, uncompensated assignment, moral or physical wear-out) regardless of their value and the remaining period of useful utilization.
Upon the entry into effect of Chapter 25 of the Tax Code of the Russian Federation the above objects of the fixed assets shall be excluded from the make-up of depreciable assets provided their initial (restored) value totals Rbl. 10 000 (ten thousand) Rubles (inclusive) or the period of operation is less than 12 months.
The mechanism of inclusion in the makeup of expenditures of amounts to be written off as a lump-sum for purposes of taxation in the formation of a tax base of the transitional period shall be such as provided under Article 19 of the federal law No. 110-FZ of August 6, 2001.

Letter of the Ministry of Finance of the Russian Federation No. 16-00-14/369 of September 20, 2002 On the Procedure For Accounting of Funds Received By Organizations From the Federal Budget

For purposes of business accounting, the amounts of budgetary funds to finance research and development work shall be written off account 96 "Directed Funding and Revenues" (as from 2001 - 86 "Directed Funding") to the credit of account 46 "Realization of Products (Work, Services)" (as from 2001 - 90 "Sales") as the value of work which has been executed is written off.
In utilizing the budgetary funds received in 2000 to hold the international scientific and technological conference, the amounts of actual expenses associated with the implementation of that event shall be written off the credit of respective accounts to the debit of account 96 "Directed Funding and Revenues".