Monitoring of the Federal Legislation dated 25.11.2002

Decree of the President of the Russian Federation No. 1336 of November 19, 2002 on the Federal Program "Reformation of the State Service of the Russian Federation (Years 2003-2005)"

In 2003-2005, a complex of measures will be implemented in the framework of the endorsed program aimed at improvement of the legal, organizational, financial and methodology fundamentals of the state service of the Russian Federation. The goal of the program is improvement of the efficiency of the state service on the whole, its types and levels, optimisation of expenses for the state servants and development of resource basis of the state service.
The Decree is entered into force from the day of its official publication.

Decision of the Federal Commission for Securities Market No. 37/ps of September 11, 2002 on the Endorsement of the Regulation on the Procedure of Transfer by the Managing Company of Its Rights and Duties under the Contract of Trusteeship Control of the Shared Investment Fund to Another Managing Company

Defines the procedure and time limits of transfer of the rights and duties of the managing company of the shared investment fund under the contract of trusteeship control of the shared investment fund to another legal entity.
No later than within 2 weeks, and if the fund possesses immovable property or the rights for immovable property - no later than within 45 days from the day of entering into force of the amendments to the rules pertaining to the transfer of the rights and duties of the managing company, a document is presented to the Federal Commission for Securities Market of the Russian Federation confirming the transfer of the whole of the property comprising the shared investment fund.
Registered in the Ministry of Justice of the Russian Federation on November 19, 2002. Reg. No. 3933.

Regulation of the Central Bank of Russia No. 200-P of October 16, 2002 on the Procedure of Opening and Keeping by the Resident Legal Entities of Accounts in Foreign Currencies outside the Russian Federation for Payments under International Construction Contracts

Defines the rules of opening by resident legal entities of accounts in foreign currencies not being free convertible ones outside the Russian Federation for payments under international construction contracts, procedure of carrying out operations on these accounts, as well as the procedure of submission of information on operations on these accounts. The accounts are being opened without the permission of the Bank of Russia in foreign states indicated by the Bank of Russia. Only one account in a foreign state where the construction works are carried out may be opened to make payments under one international construction contract and associated contracts. No later than within 10 working days from the day of conclusion of the agreement on the opening of the account, the resident legal entity must notify of it the tax bodies at the place of its location in the Russian Federation according to the from provided in the Regulation.
The Regulation is entered into force 10 days after the day of its official publication in the Herald of the Bank of Russia.
Registered in the Ministry of Justice of the Russian Federation on November 19, 2002. Reg. No. 3931.

Letter of the Ministry of Taxation of the Russian Federation No. NA-6-21/1483 of September 30, 2002 on the Adjustment of the Tax Rate of the Tax on Extraction of Mineral Resources for the I Quarter of 2002

Since individual provisions of the Federal Law No. 57-FZ of May 29, 2002 apply to relations emerging from January 1, 2002, conveys for information and use in work adjusted data used to calculate the tax on extraction of mineral resources for the I quarter of 2002. Submission of the adjusted tax declarations for the tax on extraction of mineral resources for the I and II quarters of 2002 shall be arranged according to the form endorsed by the Order of the Ministry of Taxation of the Russian Federation No. BG-3-21/362 of July 15, 2002.