Monitoring of the Federal Legislation dated 30.09.2003

Decision of the Government of the Russian Federation No. 523 of August 28, 2003 on the Endorsement of the Regulation on the Stay on the Territory of the Russian Federation of Foreign Citizens out of Passengers of Cruise Vessels

Cruise participants out of passengers of cruise vessels with the stay in the Russian port not greater than 72 hours may stay on the territory of the Russian Federation without the visa if they live aboard the cruise vessel.
The captain of the cruise vessel submits through the vessel agent the lists of arriving passengers to the port authorities 72 hours in advance of the vessel arrival to the first Russian port.
The time of stay of the cruise participant on the territory of the Russian Federation without the visa may be prolonged in case of a delay of the cruise vessel because of the damage or natural disaster, or if the cruise participant cannot continue the tourist program because of the emergency medical treatment or an acute illness.

Decision of the Government of the Russian Federation No. 531 of August 28, 2003 on the Rates of Import Customs Duties for Buses

The rates of customs duties for imported buses specified earlier for 9 months shall preserve their force on the permanent basis from September 16, 2003.

Decision of the Government of the Russian Federation No. 527 of August 27, 2003 on the Certificates for the Import of Untreated Natural Diamonds to the Territory of the Russian Federation

When untreated natural diamonds are imported to the territory of the Russian Federation, the check is made of the presence of the certificate of the Kimberley process to confirm that the imported consignment does not contain diamonds originating in the conflict zones and is drawn up to the requirements of the international system of certification of untreated natural diamonds. The certificate is an obligatory document for the customs purposes.

Decision of the Government of the Russian Federation No. 525 of August 27, 2003 on the Amendments to the Customs Tariff of the Russian Federation

Refines Heading 0901 of the Foreign Trade Commodity Nomenclature (coffee whether or not roasted) by introducing the codes of individual varieties: arabica, robusta and other. The rates of the customs duties do not change: 5% of the customs cost for the unroasted coffee, 10% for the roasted coffee, however, not less than EUR 0.2 per kg.
The Decision is entered into force one month after the day of its official publication.

Order of the State Committee of the Russian Federation for Drug Control No. 49 of August 7, 2003 on the Endorsement of the Instruction on the Procedure of Examination of Suggestions, Appeals, Applications of Citizens and Organisation of Reception of Persons in the Bodies in Charge of Control over Circulation of Narcotic and Psychotropic Substances

Defines the procedure of examination of information other than that of criminal nature of suggestions, appeals, applications of citizens, employees, federal state servants and employees of the territorial bodies, divisions and organisations of the State Committee of the Russian Federation for Drug Control, control over their examination and file keeping, as well as reception of the mentioned persons.
Appeals of citizens shall be resolved within up to one month from the day of their receiving (registration) to the state drug control body.
Registered in the Ministry of Justice of the Russian Federation on August 27, 2003. Reg. No. 5006.

Order of the Ministry of Public Health of the Russian Federation No. 307 of July 14, 2003 on the Improvement of the Quality of Medical Treatment and Prevention Aid Rendered to Unattended Underage Persons

Endorses the scheme of examination of the unattended underage persons when they are admitted to medical treatment and prevention institutions, as well as their preventive vaccination procedure. Provides recommended schemes of rendering medical aid to children in cases of psychic and behavioural disturbances caused by consumption of psychotropic substances.
Registered in the Ministry of Justice of the Russian Federation on August 21, 2003. Reg. No. 4995.

Letter of the Ministry of Taxation of the Russian Federation No. 05-3-06/334-AB476 of August 6, 2003 on the Payment of Insurance Contributions for Obligatory Pension Insurance

Explains that exemptions from the uniform social tax specified in the Tax Code of the Russian Federation do not apply to legal relations in the payment of insurance contributions for obligatory pension insurance.
Since the bases for the calculation of the tax and insurance contributions for obligatory pension insurance for the payers enjoying tax exemptions are different, and the benefit specified in Article 239 of the Tax Code of the Russian Federation applies only to the tax calculation base but does not apply to the insurance contribution calculation base, this results in the excess of the tax exemption over the amount of the uniform social tax. In this case the amount of the tax exemption cannot be overpaid and is not covered by the provision stating that the amount of the tax exemption may not be greater than the amount of the tax (advance tax payment) due to the federal budget.
For such payers, correct application of the tax exemption without underpaying the tax amount due to the federal budget is ensured by the tax calculation at the 14% rate.

Letter of the Ministry of Taxation of the Russian Federation No. 04-2-07/491-AB298 of July 4, 2003 on the Taxation Procedure for the Fixed-Term Pension Deposits

Explains that the fixed-term pension rouble deposit opened to presented pension certificate for the term of 181 days may be qualified as a "fixed-term pension deposit for at least six months" mentioned in Item 2 of Article 224 of the Tax Code of the Russian Federation. Therefore, the interest in this case, if it exceeds the amount calculated on the basis of the rate of refinancing of the Central Bank of the Russian Federation, is subject to the 13% tax rate.

Decision of the Government of the Russian Federation No. 537 of August 29, 2003 on the Invalidation of the Decisions of the Government of the Russian Federation on the Licensing of Individual Types of Activities Pertaining to Geological Investigation and Use of Mineral Resources

Invalidates the Decision of the Government of the Russian Federation No. 775 of July 31, 1995 specifying the procedure of licensing of geological surveys, drawing up and publication of geological maps, geophysical works in investigation of mineral resources, drilling of wells to find water and geological survey wells for solid mineral reserves.

Order of the State Customs Committee of the Russian Federation No. 857 of August 5, 2003 on the Amendments to the Order of the State Customs Committee of Russia No. 430 of April 29, 2002

Changes the list of commodities of individual category (various household and office equipment) released to the declared by the declaring party customs cost without presenting in the course of the customs registration of additional information and documents confirming the declared customs cost. Appendix 2 to the changed Order specifying the exhaustive list of the mentioned commodities is abolished. According to the new rules, the list is determined taking into account the permanently changing world market situation and the structure of import to the Russian Federation.
Registered in the Ministry of Justice of the Russian Federation on August 28, 2003. Reg. No. 5028.

Order of the State Customs Committee of the Russian Federation No. 885 of August 14, 2003 on the Endorsement of the Form of the Decision on the Collection of Monetary Resources on Indisputable Basis

Endorses the form of the decision on the collection of monetary resources on indisputable basis. This decision is taken by the customs body in cases of failure to fulfil the requirement to transfer customs payments in due time in pursuance of Article 351 of the Customs Code of the Russian Federation.
The Order is entered into force from January 1, 2004.
Registered in the Ministry of Justice of the Russian Federation on August 28, 2003. Reg. No. 5022.

Order of the Ministry of Economic Development of the Russian Federation No. 197 of June 21, 2003 on the Endorsement of the Regulation on the State System of Classification of Hotels and Other Means of Accommodation

Specifies the goals, organisational structure and procedure of carrying out of works in the system of classification of hotels and other means of accommodation for the category (number of "stars").
The classification of the means of accommodation is a procedure carried out on the voluntary basis that includes assessment of compliance of the means of accommodation with the requirements specified in the system and certification for the appropriate category.
The category certificate is issued for not more than 5 years.
Registered in the Ministry of Justice of the Russian Federation on August 21, 2003. Reg. No. 4996.

Decree of the President of the Russian Federation No. 1030 of September 2, 2003 on the Elections of the Deputies of the State Duma of the Federal Assembly of the Russian Federation of the New Convocation

Elections of the deputies of the State Duma of the Federal Assembly of the Russian Federation of the new convocation are assigned on December 7, 2003.
The Decree is entered into force from the day of its official publication.

Order of the Ministry of Transport of the Russian Federation No. 133 of May 16, 2003 on the Endorsement of the Regulation on the Particulars of the Working Time and Leisure Time Regime of Employees of the Navigation Fleet of the Vessels of the Internal Water Transport

Specifies the particulars of the working time and leisure time regime of the members of the vessel crew - officers (except for the physician) and the sailors having concluded the labour contract with the employer. The Regulation regulates the issues of the working time and leisure time of employees of the navigation fleet while the vessels are in operation, including the time of preparation for it and withdrawal.
Registered in the Ministry of Justice of the Russian Federation on September 1, 2003. Reg. No. 5036.

Order of the State Customs Committee of the Russian Federation No. 872 of August 11, 2003 on the Endorsement of the Rules of Placing of Natural Diamonds and Brilliants under the Customs Regimes of Processing on the Customs Territory, Processing under the Customs Control and Processing outside the Customs Territory

Customs registration of the mentioned commodities is arranged at the special customs stations or in specialised departments for registration of precious metals and precious stones of the customs bodies.
The placing of the natural diamonds and brilliants under the customs regimes of processing is permitted in the presence of licenses for processing issued to the Russian entity cutting natural diamonds for the purposes of making brilliants and registered in the bodies of the federal assay enforcement.
The get the license, the applicant submits to the customs body a coordination with the Ministry of Finance of the Russian Federation specifying the obligatory output of products of processing of natural diamonds and brilliants, as well as the lists of imported (exported) commodities and products of processing.
Registered in the Ministry of Justice of the Russian Federation on August 28, 2003. Reg. No. 5023.

Order of the Ministry of Nuclear Power of the Russian Federation No. 353 of August 13, 2003 on the Endorsement of the List of Officials of the Agency Guards of the Ministry of the Russian Federation for Nuclear Power Authorised to Draw up the Protocols of Administrative Violations and Effect an Administrative Arrest

Lists the officials of the agency guard service of the Ministry of Nuclear Power of Russia authorised to effect an administrative arrest and draw up the protocols in cases of administrative violations envisaged in Article 20.17 of the Code of Administrative Violations of the Russian Federation "Violation of the Transpassing Regime of a Guarded Object".
Registered in the Ministry of Justice of the Russian Federation on August 28, 2003. Reg. No. 5021.

Decision of the Government of the Russian Federation No. 540 of September 1, 2003 on the Endorsement of the Investment Declaration of the Bank for Foreign Economic Activities for the Trust Management of Resources of Accumulated Pensions

Defines the goals of investments of the Bank for Foreign Economic Activities of the resources of accumulated pensions built by the Pension Fund of Russia in favour of the insured having abstained from choosing the investment portfolio, as well as the composition and structure of its investment portfolio. Lists the types of assets to be used for investing the resources of the Bank for Foreign Economic Activities.

Decision of the Government of the Russian Federation No. 535 of August 29, 2003 on the Implementation of Additional Measures to Improve Financial Standing of Agricultural Producers

Federal bodies of executive power represented in the interagency commissions for financial rehabilitation of agricultural producers are ordered to arrange work to write off before April 1, 2004 the debts in penalties and fines due to the budget and unredeemed as of January 1, 2002 of these producers having concluded an agreement on the restructuring of the debts.
Applications to write off the debts are submitted by debtors to the interagency territorial commissions before March 1, 2004.
The writing off of the debts of producers having concluded an agreement to write off the penalties and fines before the entry into force of the present Decision is drawn up on the basis of the new agreement drawn up to the attached form.

Regulation of the Central Bank of Russia No. 236-P of August 4, 2003 on the Procedure of Granting Credits to Credit Organisations by the Bank of Russia Backed with Securities Pledge (Blocking)

The credits are granted by the bank in the currency of the Russian Federation to maintain and regulate the liquidity of the bank system on the terms of backing, fixed term, return and payment of interest. The backing of the credits is the pledging (blocking) of securities included in the lombard list. The Bank of Russia grants daily, overnight and lombard credits to banks.
An expected borrower must be of category I of financial standing "Financially Stable Credit Organisations", must not have underpaid contributions to the obligatory reserves, unpaid fines for the violation of the normatives of obligatory reserves, unsubmitted estimate of regulation of the amount of obligatory reserves, as well as must not have overdue monetary obligations to the Bank of Russia.
Return of credits by the borrowing banks and payment of interest on them is carried out within the time limits specified in the concluded general credit contracts.
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 August 29, 2003. Reg. No. 5033.

Order of the State Customs Committee of the Russian Federation No. 375-r of July 11, 2003 on the Exemption from VAT of the Import to the Territory of the Russian Federation of Technological Equipment, Component and Spare Parts for It As a Contribution to the Registered (Shared) Capitals of Organisations

VAT is not collected when importing technological equipment, component and spare parts for it under the condition that the amount of the registered (shared) capital of the organisation is not greater than Rbl 1.5 million.
VAT is not collected also in the presence of the statement of the State Customs Committee of the Russian Federation confirming opportunities of application of exemption from VAT to the import to the Russian Federation of the given commodities as a contribution to the registered (shared) capital of the organisation with the registered (shared) capital greater than Rbl 1.5 million. The mentioned statement is issued on the basis of the application of such organisation within 30 days after submission of the set of the listed documents.
Registered in the Ministry of Justice of the Russian Federation on September 3, 2003. Reg. No. 5041.

Order of the State Customs Committee of the Russian Federation No. 878 of August 11, 2003 on the Amendments to the Order of the State Customs Committee of Russia No. 429 of May 25, 2000

Changes the procedure of the customs registration of the commodities imported as humanitarian aid (assistance) to the territory of the Russian Federation.
Imported as humanitarian aid (assistance) and intended for the state and municipal organisations financed from the budgets of all levels special purpose ambulance vehicles, as well as mobile diagnostics laboratories outfitted with special medical equipment obtained by medical institutions for own needs, vehicles intended for carrying 10 persons and more imported for children's homes, nurseries for the elderly and invalids, vehicles outfitted with wheelchair lifts and imported for invalid rehabilitation centres are exempted only from the import customs duty and the customs fees for the customs registration.
The Order is entered into force thirty days after its official publication.
Registered in the Ministry of Justice of the Russian Federation on September 3, 2003. Reg. No. 5040.

Decision of the Federal Commission for Securities Market No. 03-30/ps of June 18, 2003 on the Standards of Issue of Securities and Registration of Securities Prospectuses

Endorses the new standards of regulation of issue of stocks, bonds and options of legal entities, as well as the procedure of registration of prospectuses of these securities. The standards do not apply to the issue of state and municipal securities, as well as the issue of the bonds of the Bank of Russia.
One document regulates the procedure of issue of the bonds, stocks placed at the founding of the joint-stock companies, additional stocks, stocks placed by conversion, as well as the bonds converted into additional stocks. The standards adopted in 2002 are invalidated.
Registered in the Ministry of Justice of the Russian Federation on August 29, 2003. Reg. No. 5032.

Order of the Ministry of Justice of the Russian Federation No. 195 of August 14, 2003 on the Endorsement of the Typical Forms of Reports (Statements) of the Bankruptcy Commissioner

Endorses the typical forms of:
- report of the temporary manager;
- statements of the administrative manager on the course (results) of execution of the plan of financial rehabilitation, observation of the debt redemption schedule and of the satisfaction of the creditor claims;
- report of the external manager;
- report of the bankruptcy commissioner of his work and of the results of the bankruptcy proceedings;
- report of the bankruptcy commissioner of the use of the debtor monetary resources.
Registered in the Ministry of Justice of the Russian Federation on August 28, 2003. Reg. No. 5025.

Information Letter of the Presidium of the Higher Arbitration Court of the Russian Federation No. 74 of August 15, 2003 on the Particulars of Examination of Cases of Insolvency (Bankruptcy) of Credit Organisations

Explains the particulars of examination by the courts of arbitration of the cases of bankruptcy of credit organisations before introduction of the changes in the Federal Law No. 40-FZ of February 25, 1999 on insolvency (bankruptcy) of credit organisations.
Also explains that opportunities of introduction of the monitoring procedure are not envisaged for the credit organisation as a result of examination of the application to recognise the credit organisation as bankrupt.
If the credit organisation is recognised as bankrupt and bankruptcy proceedings are opened, the creditors with the claims included in the creditor claims register during the monitoring procedure are considered to be the persons participating in the case and must not renew their claims.

Decision of the Government of the Russian Federation No. 551 of September 4, 2003 on the Amendments to the Decision of the Government of the Russian Federation No. 49 of January 23, 2003

The time limit for getting the licenses for importers of frozen beef in 2000-2002 in the framework of the 90% of the tariff quota for the right of import to the Russian Federation of this commodity in 2003 is fixed on September 15, 2003.
Beginning with September 25, 2003, the Ministry of Economic Development of the Russian Federation will issue additional licenses to the mentioned importers for the import of the unclaimed part of the 90% of the tariff quota according to the list of importers as of September 15, 2003.
The Decision is entered into force from the day of its official publication.

Decision of the Government of the Russian Federation No. 550 of September 4, 2003 on the Amendments to the Decision of the Government of the Russian Federation No. 50 of January 23, 2003

The time limit for getting the licenses for importers of pork in the framework of the 90% of the tariff quota for the right of import to the Russian Federation of this commodity in 2003 is fixed on September 15, 2003.
Beginning with September 25, 2003, the Ministry of Economic Development of the Russian Federation will issue additional licenses for the import of the unclaimed part of the 90% of the quota to applications of importers having drawn up the licenses for the import of pork before September 15, 2003, as well as importers having imported pork from January 1, 2000 to April 1, 2003 in proportion to the average annual volume of pork imported in the mentioned period.
The Decision is entered into force from the day of its official publication.

Order of the Ministry of Taxation of the Russian Federation No. BG-3-24/453 of August 13, 2003 on the Endorsement of the Estimate Form (Declaration) for the Tax on Operations with Securities and Its Filling Procedure

The estimate consists of the cover sheet of 3 pages and page 4 containing figures necessary for the tax control.
The estimate is submitted by the taxpayer to the tax body at the place of registration of the organisation as a taxpayer within three working days from the day of payment of the tax. The taxpayer may also present to the tax body a copy of the estimate to put the mark confirming the receipt of this estimate by the tax body.
The estimate includes the amount of each issue of securities declared by the issuer paying the tax and subject to the tax.
Registered in the Ministry of Justice of the Russian Federation on September 4, 2003. Reg. No. 5042.

Letter of the Ministry of Finance of the Russian Federation No. 16-00-16/102 of August 20, 2003

Explains the use of strict-reporting Form N 5-TS used to pay for the release of fuel, commodities, services to the population by supply organisations of the Ministry of Power Supplies of the Russian Federation.
If necessary, additional details may be entered in the endorsed forms for registration of the rendered services. Removal of individual details is not permitted. If this or that line is not filled out because of the absence of appropriate figures with the organisation, a dash is entered in this line. The formats of the endorsed strict-reporting forms are recommended only and may change.

Letter of the Ministry of Finance of the Russian Federation No. 16-00-14/252 of August 13, 2003 on the Registration of Expenses for the Checking of Installed Equipment

Expenses for the checking of the quality of installed equipment and putting it in operation are an integral part of the construction process necessary to determine object readiness for operation and acceptance according to established procedure by the commission.
For the purposes of accounting work, the mentioned expenses are recorded on the preliminary basis on Account 08 "Investments in Assets out of Circulation" followed by their subsequent inclusion in the initial cost of the object of fixed assets.

Decision of the Government of the Russian Federation No. 558 of September 6, 2003 on Additional Measures to Distribute the Import Quota for Poultry Meat for the Year 2003

Endorses distribution of the unalloted import quota for the import of poultry meat between supplying states in 2003. If the State Veterinary Service of the Russian Federation prohibits the import of the mentioned commodity from any state, the foreign trade participant may redraw the obtained license to import poultry meat from any other state (union of states) in the same amount and of the same category regardless of the total amount of the specified quota.
Beginning with September 19, 2003, the Ministry of Economic Development of the Russian Federation will issue licenses for the import of poultry meat in the amount of unalloted as of July 29, 2003 import quota to applications of importers having drawn up the licenses for the import before the mentioned date or having imported the mentioned commodity from January 1 through April 29, 2003 in proportion to the volume of the poultry meat imported from January 1, 2000 through April 29, 2003.
The Decision is entered into force from the day of its official publication.

Decision of the Government of the Russian Federation No. 546 of September 3, 2003 on the Amendments to the Decision of the Government of the Russian Federation No. 219 of February 18, 1998 on the Endorsement of the Rules of Keeping of the Uniform State Register of the Rights for Immovable Property and Deals with It

The amendments are stipulated by the entry into force from September 17, 2003 of the Federal Law No. 69-FZ of June 9, 2003 on the amendments to the Federal Law on the state registration of the rights for immovable property and deals with it.
The changes are aimed at improvement of the registration procedure including a fuller protection of the civil rights and legal interests of participants of the real estate market. In this connection, the Decision extends the authority of the legal institutions in charge of the registration of rights, as well as the authority of the tipstaff services.
The Decision is entered into force simultaneously with the entry into force of the mentioned Law.

Operative Direction of the Central Bank of Russia No. 130-T of September 1, 2003 on the Amendment to the Operative Direction of the Bank of Russia No. 121-T of August 20, 2003 on the Actions in Cases of Revealed Facts of the Failure to Observe Normatives N8, N9, N11, N11.1 and N14

Territorial institutions of the Bank of Russia, when supervising the activities of credit organisations, do not apply sanctions for the failure to observe the figure of the maximum credit risk per stock-holder (participant) (Normative N9) and do not take into account the failure to observe this normative in the classification of the financial stability of the credit organisation only in cases when the occurred value of this normative is not greater than 25% of the amount of own resources (capital) of the credit organisation.

Information Report of the Ministry of Finance of the Russian Federation of September 5, 2003 "Pension Reform"

Reports the list of the management companies, as a result of the contest carried out on September 1 through September 4, 2003, for the purposes of conclusion by the Pension Fund of the Russian Federation of the contract of trust management for the resources of accumulated pensions.

Decree of the President of the Russian Federation No. 991 of August 28, 2003 on the Improvement of the Uniform State System of Prevention and Elimination of Emergency Situations

The Ministry for Emergency Situations of the Russian Federation is charged with organisation of the people search and rescue operations in internal waters and the territorial sea of the Russian Federation, organisation and implementation of supervision in internal waters and the territorial sea of the Russian Federation of the use of small vessels and their anchorage, as well as the management of activities of the State Inspection of Small Vessels of the Russian Federation.

Decision of the Government of the Russian Federation No. 552 of September 4, 2003 on the Endorsement of the Regulation on the Procedure of Qualifying of the Dwelling Homes (Dwelling Space) as Unfit for Living

Defines the procedure of qualifying of the dwelling homes (dwelling space) as unfit for living regardless of what form of ownership they belong to, except for the private homes owned by people living permanently in them, as well as the qualifying of the dwelling homes (dwelling space) as unfit for living for a particular citizen because of the medical indications.
The issues of qualifying of the dwelling homes (dwelling space) as unfit for living shall be resolved by the interagency commission created by the bodies of executive power of the subjects of the Russian Federation.

Decision of the Government of the Russian Federation No. 547 of September 4, 2003 on the Population Training in the Sphere of Protection against Emergency Situations of Natural and Technical Origin

Population training is arranged in the framework of the uniform system of training of population in the sphere of civil defence and protection of population against emergency situations and is implemented in respective groups in organisations (including educational institutions), as well as the place of living.
The Decision defines population groups covered by obligatory training, as well as the main tasks and forms of teaching of the population how to act in emergency situations.
For the employed population, the lessons are arranged at the place of work according to the recommended programs and independent mastering of actions in emergency situations followed by subsequent training exercises.

Order of the Ministry of Power Supplies of the Russian Federation No. 350 of August 11, 2003 on the Endorsement of the Minimum Necessary Works (Services) in the Electric Power Industry Provided during Strikes in Organisations, Branches and Representations Where Their Activities Are Associated with the People's Safety, Their Health and Vital Interests of the Society

Lists the works (services) in the electric power industry guaranteed during strikes in organisations, branches and representations where their activities are associated with the people's safety, their health and vital interests of the society.
Registered in the Ministry of Justice of the Russian Federation on September 8, 2003. Reg. No. 5052.

Direction of the Central Bank of Russia No. 1311-U of July 25, 2003 on the Procedure of Revocation from the Credit Organisation of the License for Bank Operations If There Is a Significant Incorrectness of the Reported Data

Defines the criteria of significant incorrectness of the reported data of activities of the credit organisation that may result in the revocation of the license for bank operations.
The license may be revoked if the revealed facts of significant incorrectness of the reports permit to state that the credit organisation does not fulfil the requirements on created reserves, as well as the obligatory normatives except for the those exempted from forced sanctions. The license may also be revoked if the credit organisation permits to reduce own resources (capital) in the end of the reported month below the amount of the registered capital defined in the constituent documents of the credit organisation. Another reason is the failure to execute in due time and in full amount of the monetary obligations to creditors (depositors) or the duty to transfer obligatory payments.
The Direction 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 September 5, 2003. Reg. No. 5050.

Direction of the Central Bank of Russia No. 1318-U of August 7, 2003 on the Building and Amount of the Reserve for Operations of Credit Organisations with Off-Shore Zone Residents

The reserve is formed for the whole of the loan debt of the residents of off-shore zones including promissory notes endorsed or secured by the residents of off-shore zones registered by the credit organisation, as well as the monetary resources in the form of syndicated loans to residents of off-shore zones granted by the credit organisation, including those through another credit organisation.
The reserve is also built for the residues on the corresponding accounts in off-shore zone resident banks, for the monetary resources (investment expenses) placed under financial rent (leasing) contracts with the residents of off-shore zones, for the granted backing and guarantee, for the opened credit lines, overdrafts, the cost of the purchased securities issued by the residents of off-shore zones and other.
The Direction provides the method of calculation of the amount of the reserve. The reserve is built and adjusted on the monthly basis on the last working day of the month (taking into account operations for this day).
The Direction 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 September 5, 2003. Reg. No. 5049.

Order of the Ministry of Industry and Science of the Russian Federation No. 194 of August 13, 2003 on the Organisation in the Ministry of Industry and Science of Russia of the Work to Confirm the Use for the Designated Purposes of the Imported Equipment for the Medical Industry

Defines the procedure of work and terms of issue of the confirmation of the use for the designated purposes of imported equipment for the medical industry by organisations regardless of their organisational and legal form and agency affiliation.
Lists the documents presented by the applicant to get the mentioned confirmation, as well as the form of the application for the confirmation of the use for the designated purposes of imported equipment.
The work to confirm the use for the designated purposes is vested in the Department of Industry and Innovation Policy in the Medical and Biotechnology Industries.
Registered in the Ministry of Justice of the Russian Federation on September 5, 2003. Reg. No. 5048.

Order of the State Construction Committee of the Russian Federation No. 331 of September 2, 2003 on the Amendments to the Rules of Keeping of the Uniform State Register of Objects of City-Planning Activities Endorsed by the Order of the State Construction Committee of Russia No. 120 of May 31, 2001

Specifies that the Uniform State Register is a two-level information system incorporating the federal automatic information system FGUP "Rostekhinventarizatsiya" including information on the objects of city-planning activities on the territory of the Russian Federation, as well as the registration books of the city planning objects/parts available in technical records and the registration cards. Introduces a new structure of the inventory number of the object of city planning activities.
Registered in the Ministry of Justice of the Russian Federation on September 9, 2003. Reg. No. 5054.

Decision of the Federal Commission for Securities Market No. 03-36/ps of August 13, 2003 on the Invalidation of the Regulation on the Certification of the Specialists of the Specialised Depositaries of Investment Funds and Shared Investment Funds Endorsed by the Decision of the Federal Commission for Securities Market of Russia No. 13 of June 8, 2001

Invalidates the procedure of certification of the specialists of specialised depositaries of investment funds and shared investment funds. Being in effect now is the Regulation on the system of qualification requirements to the managers and specialists of organisations engaged in activities of a specialised depositary of investment funds, shared investment funds and non-state pension funds endorsed by the Decision of the Federal Commission for Securities Market of the Russian Federation No. 27/ps of July 5, 2002.
Registered in the Ministry of Justice of the Russian Federation on September 5, 2003. Reg. No. 5047.

Order of the State Customs Committee of the Russian Federation No. 916 of August 21, 2003 on the Endorsement of the Form of the Import/Export Declaration for the Transport Vehicle

Endorses the from of the import/export declaration for the transport vehicle. The declaration provides information on the transport vehicle, its route, cargo, auxiliaries, crew and passengers, information on the goal of import (export) of the transport vehicle and/or names of transported spare parts, equipment necessary for the repair or operation of the transport vehicle.
The Order is entered into force from January 1, 2004.
Registered in the Ministry of Justice of the Russian Federation on September 4, 2003. Reg. No. 5045.

Order of the Ministry of Transport of the Russian Federation No. 178 of August 14, 2003 on the Endorsement of the Procedure of Building of the Network of Regular Bus Routes between the Subjects of the Russian Federation

Initiative of the opening of the regular bus routes between the subjects of the Russian Federation may rest with legal entities and natural persons. The Order lists the documents to be worked out by the carrier to open a regular route. All works associated with the opening of the regular routes may take as a rule not more than two months from the day of receiving of the documents from the carrier.
Registered in the Ministry of Justice of the Russian Federation on September 4, 2003. Reg. No. 5044.

Direction of the Central Bank of Russia No. 1328-U of September 4, 2003 on the Invalidation of Individual Provisions of the Direction of the Bank of Russia No. 383-U of October 20, 1998 on the Procedure of Purchase and Sellback Operations with Foreign Currencies Carried out by Resident Legal Entities at the Internal Currency Market of the Russian Federation

Invalidates the items containing the requirements to the authorised banks to present the registers of orders of the residents for the purchase of foreign currencies to the interbank currency exchange. Thus, the mentioned submission is not necessary any more.
The Direction is entered into force 10 days after the day of official publication in the Herald of the Bank of Russia. The text of the Direction has been published in the Herald of the Bank of Russia on September 10, 2003, No. 50.

Order of the Ministry of Public Health of the Russian Federation No. 326 of July 25, 2003 on the Endorsement of the List of the Minimum Necessary Works (Services) during Strikes in Public Health Organisations

Lists the types of works (services) in public health organisations guaranteed during strikes in organisations, branches and representations.
Registered in the Ministry of Justice of the Russian Federation on September 10, 2003. Reg. No. 5061.

Direction of the Central Bank of Russia No. 1317-U of August 7, 2003 on the Procedure of Instituting Correspondent Relations by the Authorised Banks with Non-Resident Banks Registered in the States and on the Territories Providing Tax Exemption Regime and/or Not Disclosing and Providing Information When Carrying out Financial Operations (Off-Shore Zones)

Provides the list of states and territories with off-shore zones. The mentioned list is divided into three groups. Correspondent relations with non-resident banks of the first group may be established on commonly accepted terms. Correspondent relations with non-resident banks of the second and third groups may be established while observing certain conditions. The non-resident bank must have at least EUR 100,000 million equivalent of own resources (capital) and present copies of audit statements of the validity of financial reports, as well as the documents confirming the presence of the permanent office in the state of registration. Another condition is a certain credit rating.
The Direction is entered into force 10 days after the day of official publication in the Herald of the Bank of Russia.
Registered in the Ministry of Justice of the Russian Federation on September 10, 2003. Reg. No. 5058.

Order of the Ministry of Finance of the Russian Federation No. 80n of September 2, 2003 on the Procedure for Entering into Force of the Order of the Ministry of Finance of the Russian Federation No. 73n of August 12, 2003

The amendments to the Directions on the procedure of application of the budget classification of the Russian Federation endorsed by the Order of the Ministry of Finance of the Russian Federation No. 127n of December 11, 2002 are entered into force from August 15, 2003.

Order of the Ministry of Finance of the Russian Federation No. 73n of August 12, 2003 on the Amendments to the Directions on the Procedure of Application of the Budget Classification of the Russian Federation Endorsed by the Order of the Ministry of Finance of the Russian Federation No. 127n of December 11, 2002

The amendments are introduced in the classification of incomes of the budgets of the Russian Federation, list of target items of the functional classification of expenses of the budgets of the Russian Federation, as well as the procedure of distribution of expenses over appropriate headings and subheadings of the economic classification of expenses of the budgets of the Russian Federation.
According to the Statement of the Ministry of Justice of the Russian Federation No. 07/8857-YuD of August 24, 2003, the Order does not need state registration.

Order of the Committee of the Russian Federation for Financial Monitoring No. 104 of August 11, 2003 on the Endorsement of the Recommendations on Individual Provisions of the Rules of Internal Control Worked out by Organisations Carrying out Operations with Monetary Resources or Other Property to Combat Legalisation (Laundering) of Incomes Obtained in a Criminal Way and Financing of Terrorism

The recommendations may be used by professional participants of the securities market, insurance organisations, leasing companies, organisations of the federal postal communication service, pawnshops, bookmakers, organisations managing investment funds or non-state pension funds and other when working out internal control rules.
The document contains recommendations on the programs of internal control, recommended criteria for revealing and the signs of unusual deals, recommendations on the form of the questionnaire of a client, recommendations on information on operations subject to obligatory control included in the report, as well as qualification requirements to authorised officials.
According to the Letter of the Ministry of Justice of Russia No. 07/8796-YuD of August 28, 2003, the Order does not need state registration.

Decision of the Government of the Russian Federation No. 567 of September 10, 2003 On Amending Decision of the Government of the Russian Federation No. 117 of February 19, 2003

The payment of compensation under deposits in case of death in 2001-2003 of the deposit holder who, on the day of death, was RF citizen, shall be made at the RF Savings Bank branches at the place of location of deposits either to individuals who have paid for burial services upon presentation by them of a notary's ruling (prior to the expiration of six months as from the opening of heritage) or to heirs upon presentation of a certificate of the right to inherit and also upon presentation of a passport, certificate of death of the deposit holder and application of an individual who has paid for burial services or application of the heir.
The payment of compensation in case of death in 2001-2003 of a person insured under specific deposits (contributions) in favor of children, who on the day of death was RF citizen, shall be made subject to the confirmation of availability of deposit (contributions) under contracts of insurance as on January 1, 1992, to individuals who have paid for burial services, upon presentation by them of the above said documents.

Decision of the Government of the Russian Federation No. 563 of September 10, 2003 On the Endorsement of the Amount of Import Customs Duty For Toilet Soap

The amount of import customs duty for toilet soap (Code of Russia's Foreign Economic Activity Commodity Nomenclature 3401 11 0000) shall be fixed at 15 per cent of the customs value, but not less than 0,135 euro per kg (earlier - 15 per cent of the customs value).
The decision shall take effect upon the expiration of one month as from its official publication.

Order of the Ministry of Taxes and Fees of the Russian Federation No. BG-3-07/436 of August 4,2003 On the Endorsement of Forms of Registers of Licenses to Set Up Excise Warehouses and Procedure For Keeping Said Registers

It endorses the forms of Register of licenses to set up excise warehouses, Consolidated register of licenses to set up excise warehouses and also procedure for keeping the same. The procedure prescribes the requirements upon the maintenance of the registers of licenses to set up excise warehouses granted by departments of the Ministry of Taxes and Fees of the Russian Federation within the RF subjects and of the consolidated register of licenses to set up excise warehouses comprising the data on licenses to set up excise warehouses granted on the whole across the Russian Federation.
Registered with the Ministry of Justice of the Russian Federation in September 11, 2003. Registration No. 5065.

Order of the Ministry of Finance of the Russian Federation No. 76n of August 18, 2003 On Amending the Rules on Placement By Insurers of Insurance Reserves

It disallows to accept as coverage of insurance reserves the assets acquired by the insurer with the funds that were received under loan agreements and credit contracts.
It updates a list of assets allowed to be accepted as coverage of insurance reserves. It imposes tougher requirements upon the re-insurers whose share shall be included in the coverage of insurance reserves.
The insurers are required, prior to December 31, 2003, to bring the structure of assets accepted to cover insurance reserves in line with the given amendments.
Registered with the Ministry of Justice of the Russian Federation in September 11, 2003. Registration No. 5064.

Order of the Ministry of Agriculture of the Russian Federation No. 1264 of August 25, 2003 On the Endorsement of Tariffs Of Paid Services Provided By the Regional Departments of the State Veterinary Supervisory Inspection on the State Border of the Russian Federation and At Transport

It fixes tariffs for the following types of services:
- consultations;
- services rendered in the exercise of control over the veterinary rules in case of transfer of cargoes in the performance of export-import operations;
- services rendered in the exercise of control over compliance with the veterinary rules in cargo traffic (between the CIS states, etc.);
- preparation and issuance of veterinary accompanying documents;
- veterinary and sanitation treatment of transport vehicles and disinfecting activities;
- services in the exercise of veterinary control in case of transit (transfer) carriage by air of live animals between third countries.
Registered with the Ministry of Justice of the Russian Federation in September 11, 2003 Registration No. 5063.

Decision of the Government of the Russian Federation No. 573 of September 15, 2003 On the Endorsement of Rates of Export Customs Duties for Crude Oil and Crude Oil Products Obtained From Bituminous Rocks and Oil-Based Commodities Exported From the Territory of the Russian Federation Outside of the Customs Union Agreement Member-States

The rates of export customs duties for oil-based commodities shall be raised from US$ 22,6 to 30,4 per 1000 kg and for crude oil and crude oil products obtained from bituminous rocks, from US$ 25,1 to 33,8 per 1000 kg.
The Decision shall take effect as from October 1, 2003.

Order of the Ministry of Taxes and Fees of the Russian Federation No. BG-3-04/451 of August 12, 2003 On the Invalidation of Order of the Ministry of Taxes and Fees of the Russian Federation No. AP-3-08/379 of December 2, 1999

In view of invalidation of Articles 86.1, 86.2 and 86.3 of the Tax Code of the Russian Federation, it declares invalid the following forms of documents necessary to exercise tax control over the expenses of individual, viz.: notice of the property acquired by individual, requirement to present a special declaration on the sources and amounts of monies spent to acquire property and also a special declaration on the sources and amounts of monies spent to acquire property.
Registered with the Ministry of Justice of the Russian Federation in September 11, 2003. Registration No. 5067.

Order of the State Customs Committee of the Russian Federation No. 915 of August 21, 2003 On the Endorsement of the Instructions On the Procedure For Filling-in Cargo Customs Declaration

It lays down fresh rules of filling-in a written customs declaration by using forms of the pre-set format: "Cargo customs declaration (TD1)" and "Supplementary Sheet" (TD2) enjoying special protective elements, in the declaration of goods.
The order shall take effect as from January 1, 2004.
Registered with the Ministry of Justice of the Russian Federation in September 10, 2003. Registration No. 5060.

Decision of the Government of the Russian Federation No. 570 of September 15, 2003 On the Procedure For Inclusion In the Work Record of Civil Service, To Grant the Long Service Pension to Federal Civil Servants, of Periods of Service (Work) in Public Offices in the Federal Civil Service, Public Offices of Federal Civil Servants and Other Offices Designated by the President of the Russian Federation

The inclusion in the work record of civil service of the captioned periods to grant the long service pension shall be made at the request of federal civil servant upon his application for pension to be granted by the federal state body in which the servant held a public office of the federal civil service directly prior to resignation.
The Ministry of Labor of the Russian Federation shall be required, jointly with the Ministry of Finance of the Russian Federation and by agreement with the Pension Fund of Russia, provide explanations on application of the decision.

Order of the Ministry of Communications of the Russian Federation No. 112 of September 8, 2003 On the Endorsement of Regulations on the Specificity of Working and Off Hours of the Communications Workers With a Specific Character of Work

It defines the specificity of working and off hours of communications workers with a specific character of work.
The workers who are directly engaged in servicing the population and also in the work whose intensity is not the same during working hours (shift) may be entitled to a working day split into parts. It lists professions and positions of communications workers whom the employer may offer a split working day.
In organizations, individual production facilities, workshops, sections, divisions and at certain types of work where, the conditions of production (work) do not make it possible to observe the pre-set daily or weekly length of working hours, it is allowed to summarize working hours over periods from one to three months so that the length of working hours over the accounting period does not exceed a regular number of working hours. It also lists the categories of communications workers who may be offered flexible working hours.
Registered with the Ministry of Justice of the Russian Federation in September 11, 2003. Registration No. 5068.

Letter of the Ministry of Finance of the Russian Federation No. 04-02-05/3/65 of August 4, 2003 On Accounting the Reconstruction of the Capital Assets Whose Residual Value Is Equal to Zero

It clarifies that depreciation shall be charged also when the reconstruction is carried out at a project with the expired useful life. The Rules of accounting stipulate that organization may prolong the period of useful life of a project and charge depreciation thereupon, proceeding from a fresh period of useful life with due regard for such prolongation.
For purposes of taxation, it is possible to use two ways to calculate depreciation on the capital asset after completion of reconstruction when its residual value was equal to zero. If the maximum period of earlier set useful life has not expired, the initial value of the capital asset shall increase by the amount of expenses of reconstruction. Consequently, the tax payer shall take account of the capital asset at its changed cost by using the remaining period of useful life.
When, however, the maximum period of earlier set useful life has expired, then, in actual reality, it is the creation of a new capital asset with the changed characteristics that provide for the setting of a fresh period of useful life.

Directive of the Central Bank of Russia No. 1325-U of August 26, 2003 On Amending Regulations of the Bank of Russia No. 39 of April 24, 1996 On the Procedure For Handling in the Russian Federation of Some Currency Transactions and On Accounting and Submission of Financial Statements On Some Currency Transactions

It establishes that no permission of the Bank of Russia is required for the acquisition and alienation by residents of issuing securities in foreign currency issued by residents, including the bonds issued on behalf of the Russian Federation, through duly authorized banks, with the currency of the Russian Federation and foreign currency. Besides, the residents are allowed, without the permission of the Bank of Russia to receive monies in foreign currency under the said securities, including in case of redemption of same.
The Directive shall take effect upon the expiration of ten days following an official publication in the Bulletin of the Bank of Russia.
Registered with the Ministry of Justice of the Russian Federation in September 17, 2003. Registration No. 5081.

Order of the State Customs Committee of the Russian Federation No. 938 of August 27, 2003 On the Introduction of Changes and Amendments in Order of the State Customs Committee of Russia No. 1152 of October 30, 2002

It establishes that the customs check-point of STO "For Motor Cars" of the Central Excise Custom House shall be the place of delivery and customs clearance of new passenger transport vehicles NISSAN MURANO AND INFINITI, since the date of whose manufacture there has been no more than one year.
VOLKSWAGEN PAETON, VOLKSWAGEN TOUAREG and BMW Z8 makes have been added to the list of motor cars whose customs clearance shall be effected after the approval of the State Customs Committee of Russia.
Registered with the Ministry of Justice of the Russian Federation in September 16, 2003. Registration No. 5076.

Decision of the Federal Securities Commission No. 03-38/pc of August 13, 2003 On Amending the Regulations On the Conduct of Broker's and Dealer's Activities In the Securities Market Endorsed by Decision of the Federal Securities Commission No. 9 of October 11, 1999

It establishes that in conducting broker's and dealer's activities in the securities market, professional participants may not issue, provide surety for or endorse the bills (except for endorsement without recourse) otherwise than only as payment for the goods that have been acquired or work that has been executed or services that have been provided. The said restrictions shall not apply to credit institutions.
Registered with the Ministry of Justice of the Russian Federation in September 16, 2003. Registration No. 5074.

Order of the Ministry of Taxes and Fees of the Russian Federation No. BG-3-03/478 of August 28, 2003 On the Endorsement of Methodological Recommendations On the In-Chamber Tax Auditing of Declaration of Excise Duties On Excise-Liable Goods (Under Forms Nos. 1, 2, 3)

It lays down uniform principles of organizing the work of tax bodies engaged in the in-chamber tax audits of declaration of excise duties on excise-liable goods. The objective of the in-chamber audit is to exercise control over the accuracy of computation and timeliness of payment of excise duties under transactions with excise-liable goods recognized as an object of taxation with excise duties.

Letter of the Ministry of Finance of the Russian Federation No. 16-00-22/11 of August 21, 2003 On Transfer of Property Into Economic Management (Operative Administration)

It clarifies the procedure for showing in the accounting records the transactions associated with a transfer to the unitary enterprise of property, including over and above the amount fixed under the charter fund of the unitary enterprise and also with the recovery of such property by the owner.

Decision of the Government of the Russian Federation No. 575 of September 16, 2003 On Amending Decision of the Government of the Russian Federation No. 1364 of December 6, 1999

It decrees that the styrene (code under Foreign Economic Activity Commodity Classification 2902 50 000 0) shall be exported duty free (previously the amount of duty was fixed at 3 per cent of the customs value). Similarly, exempt from duty shall be the exportation of plywood (code under Foreign Economic Activity Commodity Classification 4412 14 000 0, 4412 19 000 0), wood cellulose (code under Foreign Economic Activity Commodity Classification 4702 00 000 0) and also sack-type non-bleached kraft paper (code under Foreign Economic Activity Commodity Classification 4804 21 100 0). It also reduces the amount of duty on to-be-exported softwood timber from 6.5 per cent, but not less than EURO 5 per cubic meter down to 3 per cent, but not less than EURO 2,5 per cubic meter. Besides, it cuts the amount of export customs duty for sulfite wood cellulose from 10 per cent, but not less than EURO 40 for one thousand kg down to 5 per cent, but not less than EURO 15 for one thousand kg.
The Decision shall take effect upon the expiration of one month as from its official publication.

Ruling of the Federal Securities Commission No. 2003-34/pc of August 13, 2003 On the Regulations On the Internal Control Over Securities Market Professional Participant

It defines a general procedure for organizing and exercise of internal control over professional participant in the securities market which implies control over compliance of the activity in the securities market with the requirements laid down under the legislation of the Russian Federation and regulatory legal acts of the Federal Securities Committee and also with the internal rules and procedures of the professional participant associated with its activity in the securities market.
It specifies peculiarities of the internal control with the objective to counter the legalization (laundering) of criminally derived incomes and the financing of terrorism.
The Decision shall take effect after the expiration of 30 days as from its official publication.
Registered with the Ministry of Justice of the Russian Federation in September 17, 2003. Registration No. 5078.

Letter of the Ministry of Finance of Russia No. 16-00-14/261 of August 21, 2003 On Budgetary Funds Accounting Practice

It clarifies that receipt of budgetary funds is a form of free obtainment of assets by organization. Therefore, the budgetary funds shall be shown in accounting records as special-purpose funding and indebtedness in respect of those funds. As the funds are actually received, respective amounts shall bring down the indebtedness and add up to the funds-accounting records. The writing-off budgetary funds from special-purpose funding records shall be charged towards improvement of the financial performance of organization.

Decision of the Government of the Russian Federation No. 576 of September 16, 2003 On the Authorized Federal Executive Body To Ensure State Control Over the Activity of Administrator of the Electric Energy (Power) Wholesale Market Trading System

The RF Ministry for Anti-Monopoly Policy and Promotion of New Economic Structures is designated as the authorized federal executive body to ensure state control over the activity of administrator of the wholesale market trading system providing for the functioning of the electric energy (power) wholesale market.

Order of the State Customs Committee of the Russian Federation No. 920 of August 22, 2003 On the Endorsement of Regulations On the Procedure For Adoption of Preliminary Decisions On the Classification of Goods In Accordance With the Commodity Nomenclature of Foreign Economic Activity and On the Country of Goods' Origin

Preliminary decision shall be taken by the customs body upon an application in writing of an interested person prior to presentation to the customs body of goods for customs clearance. Preliminary decision shall be issued only to the applicant and shall be valid within five years since its adoption unless it has been altered or withdrawn or unless its validity has been terminated.
It lays down requirements to the content and form of the written application for adoption of preliminary decision made by the applicant to the customs body.
Preliminary decision shall be made within 90 days as from receipt of application by the customs body. Should it be required to furnish additional information, the period for taking preliminary decision shall be counted from receipt by the customs body of the latest document containing the applied-for data.
This order shall take effect as from January 1, 2004.
Registered with the Ministry of Justice of the Russian Federation in September 17,2003. Registration No. 5080.

Letter of the Ministry of Taxes and Fees of the Russian Federation No. 04-4-10/287-Ya563 On Exemptions From Taxes and Fees Granted to Great Patriotic War Invalids

It clarifies some issues concerning the application of privileges of Great Patriotic War invalids and persons equated to them as concerns payment of the stamp duty, tax on individuals' property, tax on property transferred by way of inheritance or gift, land and transport tax.

Decision of the Government of the Russian Federation No. 586 of September 19, 2003 On the Requirements To the Administrator-in-Bankruptcy Candidate in the Case On Strategic Enterprise or Organization Bankruptcy

It lays down the requirements concerning the work record, education and experience of work of the administrator-in- -bankruptcy candidate in the case associated with strategic enterprise or organization bankruptcy.
It decrees that in respect of individual strategic enterprises and organizations the Government of the Russian Federation has the right to impose additional requirements to the candidate of administrator in bankruptcy.

Decision of the Government of the Russian Federation No. 580 of September 17, 2003 On the Approval of Regulations On the Putting On Records of Ownerless Immovable Things By the Agencies of Justice Conducting State Registration of the Rights To Immovable Property and Transactions Therewith

It regulates the issues concerning the putting on and taking off records of ownerless immovable things.
Placed on records shall be objects of immovable property that have no owners or whose owners are unknown or the right of ownership for which have been renounced by the owners. It specifies the forms of extracts to be made from the Single State Register of the Rights on the putting on records of an object of immovable property.

Order of the Ministry of Fuel and Power of the Russian Federation No. 365 of September 2, 2003 On the Approval of the List of a Minimum of Work (Services) in the Peat Industry To Be Secured In the Period of Strikes At Organizations, Branches and Representative Offices Whose Activity Is Associated With the Safety of People, the Safeguarding of Their Health and Vital Interests of Society

It defines the types of work (services) in the peat industry the execution (or provision) of which shall be guaranteed in the period of strikes conducted at organizations, branches and representative offices whose activity is associated with the safety of people, the safeguarding of their health and vital interests of society.
Registered with the Ministry of Justice of the Russian Federation in September 18, 2003. Registration No. 5085.

Letter of the Tax Policy Department of the Ministry of Finance of the Russian Federation No. 04-02-05/7/1 of August 29, 2003

It clarifies that the provision imposing restrictions on the application of the easy system of taxation by organizations in which the share of other organizations' direct participation exceeds 25 per cent, applies to the participation of organizations, rather than the Russian Federation, a subject of the Russian Federation or municipal formation.
The restrictions shall not apply to the right to switch over to the easy system of taxation of state-owned and municipal unitary enterprises.

Decision of the Government of the Russian Federation No. 588 of September 22, 2003 On the Approval of Regulations On the Financing of Special-Purpose Ecological Programs of Rehabilitation of Parts of the Territory Contaminated With Radiation

It determines procedure and priority of the financing of special-purpose ecological programs of rehabilitation of parts of the territory contaminated with radiation subjected to the state ecological examination as part of integrated projects that provide for conclusion of foreign trade transactions associated with the importation in the Russian Federation of nuclear reactor exposed-to-radiation heat-emitting assemblies.
The selection of special-purpose ecological programs to be incorporated as part of the integrated project shall be made by the Ministry of Natural Resources of the Russian Federation by agreement with the Ministry of Atomic Energy of the Russian Federation, the Public Health Ministry of the Russian Federation and the state authorities of the RF subjects, in whose territory it is planned to carry out activities envisaged under the said programs.
It identifies basic criteria of incorporation of special-purpose ecological programs in the integrated project.

Decision of the Government of the Russian Federation No. 585 of September 18, 2003 On the Setting Up of "Russian Railways" Open Joint Stock Company

It provides for the setting up of the "Russian Railways" Open Joint Stock Company as an integrated economic entity to be created in the process of privatization of property of the federal railway transport. It fixes the amount of its charter capital, quantity of ordinary registered equities making up the charter capital. The share of equities owned by the Russian Federation in the company's total equities shall be 100 per cent.
It approves the Charter of the company and specifies a list of branches and representative offices of the "Russian Railways" Open Joint Stock Company.

Decision of the Government of the Russian Federation No. 584 of September 19, 2003 On the Endorsement of Regulations On the Maintaining of Register of Lawyers of Foreign States Conducting Lawyer's Activity in the Territory of the Russian Federation

It establishes the procedure for maintaining a register of lawyers of foreign states conducting the lawyer's activity in the territory of the Russian Federation.
The registration of lawyers of a foreign state engaged in the lawyer's activity in the territory of the Russian Federation shall be the competence of the Ministry of Justice of the Russian Federation.
It approves a form of the register and forms of documents to be submitted by the lawyer of a foreign state to the RF Ministry of Justice to be put on the register.
It specifies instances that call for annulment of registration of the lawyer of a foreign state in the register.

Order of the Railway Ministry of the Russian Federation No. 150 of June 23, 2003 On the Endorsement of the Federal Aviation Rules "Certification Requirements To Legal Persons Conducting the Airport Activity Associated with the Provision of Passenger, Luggage, Cargo and Mail Service

It disallows the conduct of the airport activity associated with the provision of passenger, luggage, cargo and mail service at domestic and international air lines without receipt of a compliance certificate of the RF Civil Aviation Certification System.
It defines the types of work to be treated as the airport activity associated with the provision of passenger and luggage service at domestic and international air lines, including in the halls for official persons and delegations and also the types of operating divisions and services that may be set up by organization to carry out the airport activity.
It specifies lists of issues to be shown in the comprehensive flow-chart approved by the head of organization which forms the basis for carrying on the airport activity associated with the provision of passenger, luggage, cargo and mail service at domestic and international air lines.
It approves the lists of documents essential to the organization in order to provide for passenger, luggage, cargo and mail service.
Registered with the Ministry of Justice of the Russian Federation in September 19, 2003. Registration No. 5097.

Decision of the State Construction Committee of the Russian Federation No. 158 of August 29, 2003 On the Average Market Value of One Sq. Meter of the Total Living Space for the 4th Quarter of 2003 to Calculate Amount of Uncompensated Subsidies and Loans to Acquire Living Premises By All the Categories of Citizens Whom the Said Subsidies and Loans Are Granted For Account of the Federal Budget Funds

The average market value of one sq. meter of the total living space to calculate an amount of uncompensated subsidies shall be increased as against the 3d quarter of 2003 by approx. 200-250 Rubles.
Registered with the Ministry of Justice of the Russian Federation in September 18, 2003. Registration No. 5090.

Order of the Ministry of Taxes and Fees of the Russian Federation No. AC-3-01/491 of September 15, 2003 On the Invalidation of Orders of the Ministry of Taxes and Fees of the Russian Federation No. BG-3-01/340 of September 10, 2001 and No. BG-3-01/36 of February 14, 2001

In view of the introduction of chapter 26.4 of the RF Tax Code "Taxation System In the Fulfillment of Products Sharing Agreements", it invalidates, as from June 10, 2003, the orders of the Ministry of Taxes and Fees of the Russian Federation approving the Methodological recommendations on the procedure for VAT computation and payment in the fulfillment of products sharing agreements and the Regulations on the procedure and time limits for submission of documents to justify the exemption from the value added tax of goods, work and services designed to execute the work under the products sharing agreement.

Letter of the Ministry of Taxes and Fees of the Russian Federation No. CA-6-04/940@ of September 4, 2003 On the Revocation of Letter of the Ministry of Taxes and Fees of the Russian Federation No. VB-6-04/619 of August 14, 2003

In view of changes made in the RF Tax Code, it revokes Letter of the Ministry of Taxes and Fees of the Russian Federation No. VB-6-04/619 of August 14, 2003 providing Clarifications On Individual Issues Connected With the Computation and Payment of Tax On the Incomes of Individuals.

Decision of the Government of the Russian Federation No. 587 of September 22, 2003 On the Rules of Approval of Expenditures For the Handling of Exposed-to-Radiation Heat-Emitting Nuclear Reactor Assemblies and Products of Processing of Same

The make-up of expenditures involved in the handling of exposed-to-radiation heat emitting nuclear reactor assemblies to be imported in the Russian Federation and products of processing of same (including radioactive wastes) shall comprise customs payments, the cost of services of organizations authorized by the RF Government to conclude foreign trade transactions associated with the importation in the Russian Federation of exposed-to-radiation assemblies and the cost of work (services) of organizations handling the exposed-to-radiation assemblies and products of processing of such assemblies.
The amount of expenditures for the handling of exposed-to-radiation assemblies and products of processing of same shall be fixed within the framework of a respective integrated project and shall not exceed 70 per cent of the amount of incoming currency funds.

Order of the State Customs Committee of the Russian Federation No. 947 of September 1, 2003 On the Approval of Forms of Documents

It introduces, as from January 1, 2004 a form of the customs body decision to be taken under a complaint lodged against decision, action (inaction) of the customs body or its official and also a form of the statement on examination by summary procedure of a complaint against decision, action (inaction) of an official of the customs house or customs check point.
Registered with the Ministry of Justice of the Russian Federation in September 19, 2003. Registration No. 5099.

Order of the Railway Ministry of the Russian Federation No. 149 of June 23, 2003 On the Approval of the Federal Aviation Rules "Certification Requirements To Legal Persons Conducting the Airport Activity Associated With Electric Light Engineering Support of Flights"

It defines the types of work to be treated as the airport activity of electric light engineering support of flights conducted by the organization and also the facilities and equipment that the organization shall be provided with.
It approves lists of documentation essential to the organization to provide for the flights' electric light engineering support, documentation regulating the activity and/or that to be maintained by the flights' electric light engineering support service.
It disallows the conduct of the airport activity of flights' electric light engineering support at domestic and international air lines without receipt of a compliance certificate of the RF Civil Aviation Certification System.
Registered with the Ministry of Justice of the Russian Federation in September 19, 2003. Registration No. 5096.

Information Letter of the Central Bank of Russia No. 4 of August 29, 2003 "The Summing Up of the Practice of Application of the Federal Law "On the Countering the Legalization (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism"

It clarifies that the loan accounts are not bank accounts and, therefore, they may not be subject to the criterion by which the operations of entering monies to or writing monies off account (deposit) of the legal person are considered to be operations liable to obligatory control.
It also explains the procedure for conducting the identification of persons who are serviced by a credit institution.
Failure of credit institution to submit the internal control rules on countering the legalization of criminal incomes and the financing of terrorism for approval to the Bank-of-Russia territorial agency or submission of same in violation of the above time limits shall constitute an infringement of the RF regulatory acts on countering the legalization (laundering) of criminally obtained incomes and the financing of terrorism.
It specifies statutory acts regulating a procedure under which the authorized agency shall send inquiries in writing to credit institutions regarding the operations liable to obligatory control and such other operations with monetary funds or other property that are connected with the legalization of criminal incomes and the financing of terrorism and also a procedure for providing information on the said inquiries by credit institutions.

Letter of the Ministry of Taxes and Fees of the Russian Federation No. BG-6-02/954@ of September 5, 2003 On Issues Connected With the Application of Chapter 25 of the Tax Code of the Russian Federation

It clarifies the issues of accounting, for profits taxation purposes, of various expenditures, in particular, those involved in the payment of academic leaves of absence to employees attending educational establishments, expenditures associated with the payment of fare to and from the place of the academic leave, costs as insurance premiums, etc.

Letter of the Ministry of Taxes and Fees of the Russian Federation No. CA-6-04/942@ of September 4, 2003 On the Taxation of Dividends

It determines the procedure of taxation with tax on individuals' incomes of dividends received as a result of payment by the tax agent to an individual - RF resident at the expense of incomes from his share in other organizations.
It provides examples illustrating the procedure for assessing the tax base in respect of dividends.

Letter of the Ministry of Taxes and Fees of the Russian Federation No. SHC-6-24/930@ of August 29, 2003

It clarifies the procedure for opening (closure) to the lawyers who set up lawyer's offices of accounts with credit institutions.
In view of the fact that the lawyers' activity is not treated as entrepreneurial activity and the lawyer's office is not a legal entity, the lawyer who set up the lawyer's office shall not be required to submit information to the tax agency on the opening (closure) of account.

Decree of the President of the Russian Federation No. 1118 of September 23, 2003 On the Increase of Monetary Reward to Persons Holding Public Posts of the Russian Federation

It increases, as from October 1, 2003, by 1,11 fold monetary reward to persons holding RF public posts, individual public posts of the federal civil service, to persons holding RF public posts in RF diplomatic missions and permanent establishments under international organizations (in foreign states).
The Decree shall take effect as from its official publication. The text of the Decree is published in "the Rossiyskaya Gazetta" newspaper No. 191 of September 25, 2003.

Decree of the President of the Russian Federation No. 1117 of September 23, 2003 On the Increase of Monetary Reward to Persons Holding Individual Public Posts of the Federal Civil Service and Monetary Allowances to Federal Civil Servants

It raises, as from October 1, 2003 by 1,11 fold official salaries (monetary reward) to federal civil servants and the amounts of monthly increments to the official salary of federal civil servants for qualification rate, monthly increments to the official salary for diplomatic rank, monthly increments to the official salary for class rate.
The Decree shall take effect as from its official publication. The text of the Decree is published in the "Rossiyskaya Gazetta" newspaper No. 191 of September 25, 2003.

Decree of the President of the Russian Federation No. 1116 of September 23, 2003 On the Increase of Official Salaries of Judges in the Russian Federation

It raises, as from October 1, 2003, by 1,4 fold official salaries of judges of the RF Constitutional court, the RF Supreme Court and other federal courts of general jurisdiction, the RF Higher Arbitration court and other federal arbitration courts and also of justices of the peace of the RF subjects.
The Decree shall take effect as from its official publication. The text of the Decree is published in the "Rossiyskaya Gazetta" newspaper No. 191 of September 25, 2003.

Order of the State Customs Committee of the Russian Federation No. 1019 of September 15, 2003 On the Designation of Customs Bodies for the Declaration of Transport Vehicles Imported by Individuals For Personal Use

It introduces, as from January 1, 2004, a list of customs bodies for the declaration of automobiles, trailers and semi-trailers transferred across the customs border of the Russian Federation by individuals for personal use and also of spare parts thereto.
Registered with the Ministry of Justice of the Russian Federation in September 24, 2003. Registration No. 5111.

Order of the State Drugs' Control Committee of the Russian Federation No. 87 of September 2, 2003 On the Organization of Work Associated With the Conduct of Assessment of Employees of the Bodies For Control of the Turnover of Narcotic Drugs and Psychotropic Agents

The assessment of employees of the bodies for control of the turnover of narcotic drugs and psychotropic agents shall be undertaken to determine a level of their professional training and adequacy for the posts they occupy, proceeding from an objective evaluation of results achieved by each such employee in their operative-official work, of employee's business and personal qualities.
The assessment of employees shall be held not oftener than once every two years and not rarely than once every four years. It gives a list of employees not to be subjected to the assessment procedure.
The preparation and organization of the assessment procedure within the bodies for control of the turnover of narcotic drugs and psychotropic agents shall be entrusted to the Personnel Department of the RF State Drugs' Control Committee and personnel subdivisions of the State Drugs' Control Committee's regional bodies.
Registered with the Ministry of Justice of the Russian Federation in September 24, 2003. Registration No. 5108.

Order of the State Customs Committee of the Russian Federation No. 1020 of September 15, 2003 On the Designation of Customs Bodies for the Declaration of Diplomatic Mail and Goods Classified as Group 87 under the Commodity Nomenclature of the Russia's Foreign Trade Activity

It designates, as from January 1, 2004, customs bodies for the declaration of diplomatic mail and goods transferred by individual categories of foreign nationals who have been granted customs privileges and who are based in Moscow and the Moscow region.
It provides that the declaration of cars and spare parts thereto shall be carried out at the Butovo customs post of the Moscow western custom-house.
Registered with the Ministry of Justice of the Russian Federation in September 23, 2003. Registration No. 5105.

Order of the Ministry of Taxation of the Russian Federation No. BG-3-06/484 of September 1, 2003 On the Amending Order of the Ministry of Taxation of the Russian Federation No. BG-3-16/756 of December 31, 2002

It approves a new version of the Uniform Requirements to the Making-Up and Formal Execution of Customs Declarations.
It gives a standard form of the title page of customs declaration on various taxes and specifies a procedure for filling it in, requirements to the forms of tax declarations on paper media, requirements to the structure of tax declarations, etc.

Order of the Ministry of Taxation of the Russian Federation No. AC-3-07/485 of September 3, 2003 On the Approval of the Methodological Directives On Application of Decision of the Government of the Russian Federation No. 548 of July 22, 2002 On the Licensing of Activity Associated With Tobacco Goods Production

Decisions to grant (refuse to grant) licenses, to redraft documents confirming the availability of licenses, to suspend, resume or revoke licenses, to lodge statements of claim to the court for revocation of licenses to conduct the activity of tobacco goods production shall be the competence of the Ministry of Taxation of the Russian Federation represented either by the minister of taxation of the Russian Federation or deputy minister duly authorized by him.
The basic principles of procedure for organizing the work of the Ministry of Taxation of the Russian Federation associated with the licensing of activity of tobacco goods production shall take effect as from September 3, 2003. It gives a list of documents to be presented to the Ministry of Taxation of the Russian Federation that are essential for obtaining a license for activity of tobacco goods production.

Decision of the Government of the Russian Federation No. 596 of September 25, 2003 On Amending the Rules of Provision of Paid Veterinary Services

It cancels from the list of paid veterinary services investigations and other veterinary activities connected with the sale for export of pedigree animals, with other commercial purposes and also with the issuance of veterinary reports on the construction of projects of veterinary purpose.
It expands a set of notions of the Rules by introducing notions of the consumer and provider of paid veterinary services.
The information on services that may be provided shall include a reference to a specific person who will provide a veterinary service and also information on such a person when that is of significance proceeding from the nature of a veterinary service. When placing an order, the provider shall be obligated to inform the consumer in due time of the fact that the compliance with the consumer's instructions and other circumstances within control of the consumer may diminish the quality of a veterinary service that is rendered or make it impossible to complete it in time. It determines the procedure for making up an estimate of the provision of veterinary services.

Ruling of the Government of the Russian Federation No. 594 of September 25 of 2003 On the Publication of National Standards and All-Russia's Classifiers of the Technical-Economic and Social Information

The official publication of national standards and All-Russia's classifiers in the national language of the Russian Federation shall be effected by the RF State Statistics Committee.
The texts of the national standards and All-Russia's classifiers shall be subject to official publication in printed outlets and on official site of the RF State Standards Committee. Also subject to official publication shall be notices of the approval of national standards, information on amendments, addenda and changes made therein, on cancellation and replacement, the texts of changes, amendments and addenda. The said information shall be published in the monthly information guide-book "National Standards" and placed on official site of the RF State Standards Committee.
Copies of officially published national standards and All-Russia's classifiers obtained from the information system of public use in electronic-digital form may, if necessary, be recognized as official publications, given an electronic digital signature of the duly authorized official person.
All changes, addenda and amendments made to the state standards and All-Russia's classifiers of the technical-economic and social information adopted prior to the entry into force of the Federal Law On Technical Regulation (prior to July 1, 2003) and also information thereon shall be published as is provided under the new rules.

Order of the State Customs Committee of the Russian Federation No. 998 of September 8, 2003 On the Approval of Specimen of Forms of the Customs Value Declaration (DTS-1 and DTS-2) and Instructions On the Procedure for Filling In the Customs Value Declaration

It approves specimens of forms of the customs value declaration (DTC-1 and DTC-2) and instructions on filling them in.
The customs value declaration (hereinafter referred to as DTC) is an integral part of the customs declaration and shall be filled in for all the imported goods declared by using cargo customs declaration (GTD) with some exceptions (for instance, in case of importation of goods by individuals for personal, family, domestic and other needs not connected with the conduct of entrepreneurial activity).
In applying a method of determining the customs value by the price of transaction with imported goods, it is required to fill in DTC-1, in other cases - DTC-2.
The Order shall take effect as from January 1, 2004.
Registered with the Ministry of Justice of the Russian Federation in September 24, 2003. Registration No. 5112.

Decision of the Ministry of Transportation of the Russian Federation No. 147 of June 18, 2003 On the Approval of the Federal Aviation Rules "Operators of General Purpose Aircraft. Requirements to the Operator of General Purpose Aircraft, Procedures for Registration and Control of Activity of Operators of General Purpose Aircraft"

It lays down requirements to the operators of general purpose aircraft, prescribes the procedures for issuing an operator's certificate, extending its validity, introduction therein of amendments and control over the activity of operators. The said requirements shall not apply to citizens and legal entities possessing with the right of ownership, on lease terms or on other lawful basis single-seat aircraft with the maximum flying mass of up to 120 kg, maximum flying speed of up to 100 km per hour, stall speed not in excess of 45 km per hour and storage of fuel of not more than 20 liters.
Registered with the Ministry of Justice of the Russian Federation in September 23, 2003. Registration No. 5104.

Directive of the Central Bank of Russia No. 1302-U of July 3, 2003 On the Procedure for Closure of Accounts of Enterprises and Organizations Opened with the Authorized Banks to Count Federal Budget Funds Allocated on the Refund and Paid Basis to Finance Investment Projects and Defense Industry Conversion Programs, to Form a Special-Purpose Fund for Easy Terms' Crediting of Seasonal Costs Within the Agricultural-Industrial Complex

It establishes the procedure for closing with the authorized banks individual accounts to count federal budget funds opened under agreements made by those banks with the Ministry of Finance of the Russian Federation and/or the Ministry of Agriculture of the Russian Federation.
The Directive shall take effect in 10 days after its publication in "the Bulletin of the Bank of Russia".
Registered with the Ministry of Justice of the Russian Federation in September 18, 2003. Registration No. 5086.

Decision of the Federal Securities Commission No. 2003-32/pc of July 2, 2003 On the Disclosure of Information by Issuers of Emitted Securities

The approved Regulations shall serve to regulate the make-up, procedure and time limits for disclosing information at the stages of issuance of emitted securities as a prospectus of securities, quarterly report of the issuer of securities and information on substantial facts (events, actions) affecting the financial and economic activity of the securities' issuer. It also lays down requirements to the procedure for disclosing by issuers of other information on the fulfillment of the issuer's obligations and exercise of rights in respect of securities that are invested (or have been invested).
The effect of the Regulations shall apply to all issuers of securities, except for issuers of governmental and municipal securities and shall also extend to professional participants in the securities market providing to the issuer services of a financial consultant in the securities market.
The issuer is obligated to provide access to any interested person to the information contained in each of the reports by placing copies of same at the place of location of the ad hoc executive body of the issuer and also at places specified in issuer's advertising messages carrying information on the distribution of securities.
The issuer shall be obligated to provide a copy of each report to the owners of issuer's securities and to other interested persons at their request for a charge not exceeding the costs involved in the making of such a copy, within a period of not more than 7 days as from making of the request. The copy to be provided by the issuer shall be certified by the authorized person of the issuer.
Registered with the Ministry of Justice of the Russian Federation in September 18, 2003. Registration No. 5084.

Decree of the President of the Russian Federation No. 1122 of September 28, 2003 On the October -December 2003 Conscription For Military Service of RF Citizens and On the Discharge From Military Service of Citizens Doing Military Service By Conscription

The period as from October 1, 2003 up to December 31, 2003 is proclaimed as the period of conscription for military service of citizens aged from 18 to 27 who are not listed in the reserve and who are liable to conscription for military service, to the total number of 175 806 persons.
The Decree shall take effect as from its official publication.

Decision of the Government of the Russian Federation No. 595 of September 25, 2003 On the Introduction of Changes and Amendments in Decision of the Council of Ministers - the Government of the Russian Federation No. 1090 of October 23, 1993

It supplements the Road Traffic Regulations (referred to as PDD) with the new terms such as "tractor-trailer combination", " danger to traffic" and "re-formation". It establishes that the driver of a transport vehicle shall be obligated to place his transport vehicle at the disposal of police officials, officials of the federal state authorities and Federal Security Service agencies in instances envisaged under the law. Previously, several such cases were specified under the Road Traffic Regulations. The owner shall also be obligated to place his transport vehicle at the disposal of medical and pharmaceutical personnel to transport citizens to the nearest medical and preventive treatment facilities in cases threatening the life of such citizens.
The trucks with the permitted maximum mass of over 2,5 tons (earlier over 3,5 tons) shall be allowed to take the extreme left traffic lane only in order to turn to the left or for the turn-around.
It supplements the Road Traffic Regulations with the rule to the effect that on the roads with a two-way traffic in the absence of a separating lane, the driver shall drive round pedestrian islands, posts and road structures' elements (such as bridge supports, viaducts, etc.) situated in the middle of the roadway, from the right-hand side, unless otherwise is prescribed by road signs and traffic striping.
A mechanical transport vehicle used to teach driving must have a marking "Teaching transport vehicle".
It lays down fresh requirements to a marking sign "Dangerous Cargo".
The Decision shall take effect as from January 1, 2004.

Order of the State Customs Committee of the Russian Federation No. 1030 of September 17, 2003 On Places for Declaration of Individual Kinds of Goods in Moscow and the Moscow Region

It establishes that the customs check-point of the STO Automobile Central Excise Custom-House (code 10118190, location: city of Moscow, MKAD (Moscow Ring Road), 34th km, ownership 4) shall be the place for declaration of goods classified as commodity items 8702, 8703, 8706 00, 8707, 8711 under the RF Foreign Trade Activity Commodity Nomenclature imported to the address of consignees based in Moscow and the Moscow region.
The Order shall take effect as from January 1, 2004.
Registered with the Ministry of Justice of the Russian Federation in September 25, 2003. Registration No. 5115.

Order of the State Taxation Ministry of the Russian Federation No. BG-3-2003/499 of September 19, 2003 On the Amending of Order of the State Taxation Ministry of Russia No. BG-3-2003/447 of December 20, 2000

It amends the Methodological Recommendations on the application of Chapter 21 "Value Added Tax" of the RF Tax Code. It cancels from the recommendations items explaining the procedure for assessment of the VAT tax base in case of revenues in foreign currency, the procedure for increasing the tax base by the amounts of advance and other payments towards future supplies and also the procedure for fixing tax deductions.

Operative Directive of the Central Bank of Russia No. 134-T of September 16, 2003 On the Application By the Regional Agencies of the Bank of Russia of Regulations of the Bank of Russia No. 218-P of March 19, 2003 On the Procedure and Criteria For Assessment of the Financial Status of Legal Entities - Founders (Participants) of Credit Institutions

It provides recommendations regarding detection of facts of formation of the credit institutions' charter capital with inappropriate assets and also establishment of facts of inadequate formation of the reserves for eventual losses under loans and the reserves for eventual losses.