Monitoring of the Federal Legislation dated 9.09.2003

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.