Monitoring of the Federal Legislation dated 28.07.2003

Decision of the Constitutional Court of the Russian Federation No. 13-P of July 18, 2003 on the Case of Constitutionality of Provisions of Articles 115 and 231 of the RSFSR Code of Civil Procedures, Articles 26, 251 and 253 of the Code of Civil Procedures of the Russian Federation, Articles 1, 21 and 22 of the Federal Law on the Prosecutor's Office of the Russian Federation Pursuant to the Requests of the State Assembly - Kurultay of the Republic of Bashkortostan, State Council of the Republic of Tatarstan and the Supreme Court of the Republic of Tatarstan

The norms of the RSFSR Code of Civil Procedures and the Code of Civil Procedures of the Russian Federation empowering the general jurisdiction court with authority to solve the cases challenging normative legal acts of the subjects of the Russian Federation are recognised as not complying with the Constitution of the Russian Federation inasmuch as they permit for the solving by the court of general jurisdiction of the cases challenging the constitutions and charters of the subjects of the Russian Federation.
Also contradicting the Constitution of the Russian Federation are recognised to be individual norms of the articles of the Federal Law on the prosecutor's office of the Russian Federation and the Code of Civil Procedures of the Russian Federation permitting the prosecutor to apply to court to invalidate normative legal acts of the subjects of the Russian Federation contradicting the law inasmuch as these norms permit the prosecutor to apply to the general jurisdiction court to recognise the provisions of constitutions and charters as contradicting the Federal Law.
The Decision is entered into force immediately after annunciation.

Order of the Ministry of Transport of the Russian Federation No. 153 of June 24, 2003 on the Endorsement of the Instruction for Recording Incomes and Expenses in Ordinary Types of Activities on the Highway Transport

Defines the procedure of recognising for the purposes of accounting work of expenses and incomes in cargo and passenger transportation on the highway transport, as well as other works and services, including the transportation and forwarding services, technological means of communication, loading and unloading works and other types of works and services (delivery of documents, cargo packaging, weighing etc.). Also defines the procedure of registration of incomes and expenses in highway transportation (other works and services provided on the highway transport).
The incomes and expenses are accepted for recording using the accrual method and are recognised in the reporting period when they occurred.
The Order introduces uniform approach to the composition and grouping of expenses for the main type of activities in cargo and passenger transportation on the highway transport (other works and services fulfilled on the highway transport).
Registered in the Ministry of Justice of the Russian Federation on July 24, 2003. Reg. No. 4916.

Letter of the Ministry of Finance of the Russian Federation No. 28-01-20/1402/AP of July 8, 2003

Explains individual issues of audit of credit organisations (bank/consolidated groups) and preparation of the audit statement on their financial (accounting) reports.
Provides examples of various ways of expressing of the opinion of the audit organisation on the validity of the financial (accounting) reports.
The explanations may be used by independent auditors in initiative audit of credit organisations (bank/consolidated groups).