Monitoring of the Federal Legislation dated 5.08.2003

Decree of the President of the Russian Federation No. 866 of August 1, 2003 on the Suspension and Invalidation of Some of the Decrees of the President of the Russian Federation Pursuant to the Adoption of the Federal Law on the Federal Budget for the Year 2003

Until January 1, 2004 suspends a number of norms pertaining to the reimbursement from the federal budget of some of the expenses. In particular, suspends the norm on the reimbursement of food expenses to post-graduate students in the amount of two roubles per person per day. Also suspends allocation of resources from the federal budget to finance scientific research and design works of civil destination in the amount of at least 3% of its spendings portion while increasing the amount of these resources on the annual basis with stabilisation of the economy.

      The Decree is entered into force from the day of its signing.

Order of the Ministry of Internal Affairs of the Russian Federation No. 570 of July 23, 2003 on the Pasting in the 1974 Passport of the Citizen of the USSR with the Stamp of the Citizenship of the Russian Federation of the Photographs of Children Being the Citizens of the Russian Federation under 14 Years of Age

Until December 31, 2003, at the desire of the citizen of the Russian Federation travelling by the railway transport in transit through the territory of Lithuania from the territory of the Russian Federation to the Kaliningrad Province and back, his 1974 passport of the citizen of the USSR with the stamp of the citizenship of the Russian Federation may be used to paste in on page 23 the photographs of children being the citizens of the Russian Federation under 14 years of age.

      The pasting of the photographs is vested in the body of internal affairs of the Russian Federation at the place where the citizen applies for it while presenting the documents confirming the citizenship of the Russian Federation with the child.

      Registered in the Ministry of Justice of the Russian Federation on July 29, 2003. Reg. No. 4936.

Letter of the Ministry of Taxation of the Russian Federation No. SA-6-04/825@ of July 25, 2003 on Some Issues of Taxation of Incomes of Bankruptcy Commissioners

The entrance and annual fees paid by the bankruptcy commissioner to be admitted to a self-regulating organisation are not included in professional tax exemptions reducing the taxable base for the income tax from natural persons and are paid by the bankruptcy commissioner at the expense of the resources left over after the payment of the income tax.

      Insurance contributions under the contract of insurance of the responsibility in case of the damage to persons involved in the bankruptcy case paid by the bankruptcy commissioner are included in the expenses taken into account in the determination of the taxable base for the income tax.