Monitoring of the Federal Legislation dated 21.11.2005

Decision of the Government of the Russian Federation No. 686 of November 17, 2005 on the Endorsement of the Rules of Paying out to Participants of the Accumulated Mortgage System of Housing Support for Servicemen and Members of Their Families of Monetary Resources in Addition to the Housing Support Savings

The paying out of additional resources applies to participants of the accumulated mortgage system with the total length of military service being 10 to 20 years and dismissed from service on specific grounds, as well as members of their families in cases of exclusion of participants form the military unit payroll because of the death or being killed, missing or assumed dead.

Additional resources shall be paid out at the last place of the military service once for the whole period of the military service. The Decision provides the procedure for calculation of the paid out additional resources. The paying out is vested in the interested federal body of executive power to occur within 3 months from the day of receiving of the application of the participant of the accumulated mortgage system or member of his family, as well as additional packet of documents.

Decision of the Government of the Russian Federation No. 685 of November 17, 2005 on the Procedure of Disposal of the Rights for the Results of Scientific and Technical Activities

Defines the procedure of appropriation of exclusive rights obtained at the expense of the federal budget for inventions, useful models, industrial prototypes, achievements of selection, layouts of integrated circuits, computer software, databases; rights for the results of scientific and technical activities being a commercial secret, including the patentworthy technical solutions and production secrets (know-how).

Appropriation of the rights for the results of scientific and technical activities is arranged under a state contract concluded with a state orderer, or a contract concluded by the chief administrator or administrator of the budget resources with a federal state institution. In cases of appropriation of the rights with executor, the person indicated by the state orderer may use these results on gratuitous basis to fulfil the works or make supplies of products for the federal state needs.

Decision of the Government of the Russian Federation No. 684 of November 17, 2005 on the Strategic Enterprises and Strategic Joint-Stock Companies Where Special Rules of Bankruptcy Apply

In implementation of the measures of prevention of bankruptcy, taking decision to apply to arbitration court to recognise bankrupt and arrange bankruptcy proceedings pertaining to strategic enterprises and joint-stock companies listed in the Decree of the President of the Russian Federation No. 1009 of August 4, 2004, the particulars shall apply envisaged in Paragraph 5 of Chapter IX of the Federal Law on insolvency (bankruptcy). Thus, a strategic enterprise and organisation are considered to be incapable of satisfying the demands of creditors in monetary obligations and/or execution of the duty to transfer obligatory payments if appropriate obligations and/or duties have not been fulfilled within six months from the date when they had to be fulfilled. To start bankruptcy proceedings for a strategic enterprise or organisation, the claims are accepted making in total at least Rbl 500,000.

Decision of the Government of the Russian Federation No. 683 of November 17, 2005 on the Endorsement of the Rates of Import Customs Duties for Individual Types of Cellulose

Paper pulp, semi-bleached or bleached of coniferous plants for production of filter paper (code according to the Foreign Trade Commodity Nomenclature 4703 21 000 1) shall be imported at the rate of 5% of the customs cost, other (code according to the Foreign Trade Commodity Nomenclature 4703 21 000 9), at the rate of 15% of the customs cost. Earlier, for commodities classified under code 4703 21 000, there was a uniform rate of 15% of the customs cost.

The Decision is entered into force one month after the day of its official publication.

Decision of the Government of the Russian Federation No. 682 of November 17, 2005 on the Endorsement of the Rate of Export Customs Duty for Raw Oil and Raw Oil Products from Bituminous Materials Imported from the Territory of the Russian Federation Outside the Member-States of the Customs Union Agreements

From December 1, 2005, the rate of the export customs duty for raw oil and raw oil products from bituminous materials (code according to the Foreign Trade Commodity Nomenclature of Russia 2709 00) is fixed in the amount of USD 179.6 per ton (from October 1, 2005, the mentioned rate amounted to USD 179.9 per ton).

Order of the Ministry of Economic Development of the Russian Federation No. 277 of October 27, 2005 on the Fixing of the Deflator Coefficient K1 for the Year 2006

In 2006, the deflator coefficient K1 necessary for the calculation of the taxable base for the uniform imputed income tax in compliance with Chapter 26.3 of the Tax Code of the Russian Federation is fixed in the amount of 1.132. K1 is an adjustment factor of basic earning capacity taking account of the multitude of particulars of entrepreneurial activities in various municipal formations, particulars of the residential settlement or the place of location, as well as the place of location inside the residential settlement. The coefficient is defined as a ratio of cadastral cost of land at the place of taxpayer activities to the maximum cadastral cost of land specified in the State Land Cadastre for the given type of activities.

Registered in the Ministry of Justice of the Russian Federation on November 16, 2005. Reg. No. 7173.