Monitoring of the Federal Legislation dated 11.05.2004

Decree of the President of the Russian Federation No. 585 of May 7, 2004 on the Abdication of the Government of the Russian Federation

In pursuance of the abdication from their authority in compliance with Article 116 of the Constitution of the Russian Federation, the Government of the Russian Federation is ordered to continue their work before the forming of the new Government of the Russian Federation.

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

Decision of the Government of the Russian Federation No. 232 of May 8, 2004 on the Amendments to the Decision of the Government of the Russian Federation No. 409 of July 7, 2003

The earlier specified for 9 months rates of import customs duties for the lemon acid, electric transformers, capacitors and resistances, bulbs and lighting equipment used for medical purposes shall preserve on the permanent basis from May 11, 2004.

Operative Direction of the Central Bank of Russia No. 48-T of April 30, 2004 on the Procedure of Filling of the Reporting Form 0409115 "Information on the Quality of Loans, Debts in Loans and Similar Debts" Envisaged in the Direction of the Bank of Russia No. 1376-U of January 16, 2004 on the List, Forms and Procedure of Drawing up and Submission of the Forms of Reports of Credit Organisations to the Central Bank of the Russian Federation and Particulars of Application of Item 1.4 of the Regulation of the Bank of Russia No. 232-P of July 9, 2003 on the Procedure of Building of Reserves for Possible Losses

Explains the particulars of filling of the bank reporting Form 0409115 "Information on the Quality of Loans, Debts in Loans and Similar Debts" envisaged in the Direction of the Bank of Russia No. 1376-U of January 16, 2004. Thus, the lines of risk group 1 must not be filled out in the mentioned form, and the lines of risk groups 2 to 5 are used to record the debts classified under the Instruction of the Bank of Russia No. 62a of June 30, 1997.

The Direction provides risk group correspondence for loans, debts in loans and similar debts and for financial assets (obligations) of one and the same partner of the credit organisation being elements of the estimate base proceeding from risk group characteristics mentioned in the Regulation of the Bank of Russia No. 232-P and the Instruction of the Bank of Russia No. 62a.