Monitoring of the Federal Legislation dated 7.08.2006

Decision of the Chief State Sanitary Inspector of the Russian Federation No. 16 of July 19, 2006 on Putting Into Force Hygienic Guidelines GN 2.1.6.1986-06

Hygienic Guidelines GN 2.1.6.1986-06 "Tentative Safe Levels of Exposure to Pollutants in the Atmospheric Air of Inhabited Localities" are issued to supplement Hygienic Guidelines GN 2.1.6.1339-03 " Tentative Safe Levels of Exposure to Pollutants in the Atmospheric Air of Inhabited Localities". They establish the maximum admissible concentration values for certain pollutants in the air of an inhabited locality which are safe for human beings.These guidelines are used to resolve preventive supervision issues, substantiate the standards governing the elaboration of health-rehabilitation measures for protecting the atmospheric air of designed, re-constructed and pilot small-scale production facilities.The Hygienic Guidelines enter into force as of August 15, 2006.Registered by the Ministry of Justice of the Russian Federation, registration No. 8129 of July 31, 2006.

Letter of the Federal Tax Service No. VE-6-04/727@ of July 25, 2006 on the Taxation of Medical Staff Salary Rise

The salary rise for general practice medical doctors (family doctors), district physicians and district paediatricians, and also for the nurses of general practice doctors (family doctors), district physicians and district paediatricians payable in accordance with Decision of the Government of the Russian Federation No. 851 of December 30, 2005 is deemed an income subject to personal income tax.

Letter of the Ministry of Finance of the Russian Federation No.В 03-06-05-02/06 of July 7, 2006

It sets out the position of the Ministry of Finance concerning the determination of the date of filing of an application for registering a taxable object subject to gambling tax in the form of a postal dispatch. According to the Ministry the date of filing of such application with a tax body is the sixth day from the date of dispatch.

Letter of the Department of Taxation and Customs Tariff Policies of the Ministry of Finance of the Russian Federation No.В 03-03-04/1/554 of July 3, 2006

The organisation being a seller of an immovable property item starts to have the duty to pay organisation's profit tax as of the time when the item is transferred to a buyer under a fixed-asset acceptance certificate (invoice) and when documents are submitted for the purpose of state registration of the rights to the immovable property and of transactions in such property, irrespective of the date of state registration of the property and of the transactions in it.