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Monitoring of the Federal Legislation dated 31.08.2004

Decision of the Government of the Russian Federation No. 443 of August 27, 2004 On the Endorsement of Regulations On the Ministry of Economic Development and Trade of the Russian Federation

The Ministry of Economic Development and Trade of Russia is a federal body of executive authority that shall perform the functions of shaping state policy and statutory legal regulation in the sphere of analysis and forecasting of socio-economic development, promotion of entrepreneurial activities, including of medium and small business, foreign economic activity, customs trade, trade, property relations, insolvency (bankruptcy) and financial improvement of organizations, land relations and territorial zone-setting, economic development of the subjects of the Russian Federation and municipal entities, investment activity, drafting of intergovernmental and federal directed programs, mobilizing preparation of the RF economy, management of state material reserves, making up of the state defense order, purchases of goods and services for governmental and municipal needs.
The Ministry of Economic Development and Trade of Russia is an authorized federal body of executive authority that shall carry out state regulation of foreign trade activity, regulation of assessment activity; arrange the holding of contests and auctions to sell export and import quotes in case of quantitative restrictions on export and import of goods imposed by the Government of the Russian Federation.
The Ministry of Economic Development and Trade of Russia shall exercise coordination and control over activities of the Federal Customs Service, Federal Agency For State Reserves, Federal Agency of Real Estate Projects Cadastre, Federal Agency For Management of Federal Property being under its control and also coordination of activities of the Russian Fund of Federal Property.

Decision of the Government of the Russian Federation No. 441 of August 26, 2004 On the Federal Standards of Payment For Housing and Public Utilities and Procedure Of Compensation For the Expenses of Major Renovation of Housing For the Year 2005

It provides that the 2005 federal standard of the ultimate amount of housing and public utilities per sq. m of the total floor area a month, as an average across the Russian Federation, shall be fixed at 31.9 Rubles (26.4 Rubles in 2004).
The federal standard of major renovation of housing per sq.m of the total floor area a month, as an average across the Russian Federation, is fixed at 2.8 Rubles (2.6 Rubles in 2004).
It also sets new amounts of the federal standard regarding the ultimate amount of housing and public utilities per sq.m of the total floor area a month in respect of closed administrative territorial entities.
The standards shall be applied with the objective to assess the amount of financial aid to be provided to the budgets of the subjects of the Russian Federation from the funds of the federal budget.

Directive of the Central Bank of the Russian Federation No. 1485-U of August 9, 2004 On the Requirements To the Development and Training of Personnel At Credit Institutions

It stipulates that credit institutions shall prepare programs of personnel development and training to prevent the legalization (laundering) of incomes derived in a criminal way and the funding of terrorism with due regard taken of the specificity of their activity, the specificity of activities of the customers and the degree (level) of risk of the customers performing such operations.
The program of training prepared at credit institution shall be approved by the head of that institution. The training shall be carried out as per the plan of implementation of the said program of training for the current year.
Programs of training that may be in operation at credit institutions as this Directive enters into effect shall be brought into line with the requirements of same within three months since its effective date.
The Directive shall take effect upon the expiration of ten days after its official publication in "the Bulletin of the Bank of Russia".
Registered with the Ministry of Justice of the Russian Federation in August 24, 2004. Registration No. 5994.

Information Letter of the Presidium of the Higher Arbitration Court of the Russian Federation No. 80 of August 13, 2004 On Some Issues Arising in the Judicial Practice Of Arbitration Courts Considering Cases Lodged To Appeal Statutory Legal Acts

When the arbitration court declares a statutory legal act to be inconsistent with a statutory legal act that has legal prevalence, it shall specify whether an act being challenged is invalidated wholly or in part.
It underlines that the arbitration court may not declare a statutory act to be invalid from the time of its adoption. That is connected with the fact that under Part 5 of Article 195 of the Arbitration Procedure Code, such act or individual provisions thereof declared to be invalid by the arbitration court shall become non-applicable since the effective date of the court judgement. And the judgements become effective immediately after they are rendered.
The cases lodged to appeal statutory legal acts may not entail such an enforcement measure as suspension of the effect of an act being challenged.
It explains that a possibility to make an appeal at the court of arbitration is excluded with respect to certain statutory legal acts, specifically, the Land Code, the Budget Code, the Federal law On Licensing Certain Lines of Activities, the Federal law On State Regulation of Production and Turnover of Ethyl Alcohol, of Alcohol Products and Alcohol-Containing Products, the Federal law On Payment For the Use of Water Facilities.

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