Monitoring of the Federal Legislation dated 27.10.2006

Federal Law No. 173-FZ of October 25, 2006 on the Amendment to Article 17.1 of the Law of the Russian Federation on Subsoil Resources <br>

The mentioned Article is provided in a new wording extending the list of cases envisaging opportunities of transfer of the right of use of the parts of subsoil resources from the user of subsoil resources to another subject of entrepreneurial activities. The mentioned right may transfer to another subject of entrepreneurial activities in seven cases.

Federal Law No. 172-FZ of October 25, 2006 on the Amendments to Individual Legislative Acts of the Russian Federation on the Fire Safety <br>

The Federal Law delimitates responsibility and authority in the sphere of fire safety among the federal bodies of executive power, bodies of power of the subjects of the Russian Federation and the organisations possessing the guarded objects.

The amendments, in particular, envisage to:

expand the authority of the federal bodies of state power in the sphere of fire safety having empowered them with the tasks of fire extinguishing in residential settlements;

include in the federal fire service territorial divisions for fire prevention and extinguishing in the residential settlements;

introduce a uniform system of organisation of management of the forces and means of fire extinguishing on the territory of the Russian Federation;

empower the heads of organisations with the duty to create and maintain fire safety divisions at the objects included in the list of objects crucial for the national security endorsed by the Government of the Russian Federation, other specially important objects, specially valuable objects of cultural heritage of the peoples of the Russian Federation (except for the objects where the object, special and military formations of the federal fire service are created).

The Federal Law specifies the period of reformation of the object divisions of the state fire service (2006-2008) created under contracts with organisations (except for the organisations where the object, special and military divisions of the federal fire service are created).

The Federal Law is entered into force from the day of its official publication.

Federal Law No. 171-FZ of October 25, 2006 on the Amendments to the Federal Law on the Physical Culture and Sports in the Russian Federation <br>

The Federal Law is extended to include the provisions on the uniform all-Russia sports classification and the qualification categories of sports judges

The uniform all-Russia sports classification defines the requirements to the awarded sports titles and grades in the Russian Federation in the kinds of sports available in the Russian Federation. The procedure and terms of awarding of sports titles and grades are specified in the Regulation on the uniform all-Russia sports classification.

The procedure and requirements to the awarded qualification categories of sports judges are defined in the Regulation on sport judges.

The awarding of sports titles and the qualification category of the sports judge of the all-Russia category is included in the sphere of reference of the federal body of executive power in charge of the physical culture and sports, and awarding of sports grades and other qualification categories of sports judges, in the sphere of reference of the bodies of executive power of the subjects of the Russian Federation.

The Federal Law provides the lists sports titles and grades, as well as the qualification categories of sports judges awarded in the Russian Federation.

Federal Law No. 170-FZ of October 25, 2006 on the Amendments to Article 1 of the Federal Law on Narcotic Drugs and Psychotropic Substances <br>

Article 1 defining the main notions used in the Law is extended to include the notions of "prevention of drug addiction" and "antinarcotic propaganda".

Federal Law No. 169-FZ of October 25, 2006 on the Amendments to Articles 8 and 9 of the Federal Law on the Mobilisation Training and the Mobilisation in the Russian Federation and Article 5 of the Federal Law on the Military Duty and the Military Service <br>

The amendments pertain to the work of the office of reinforcement of military commissariats. The Law provides the definition of the notion of the office of reinforcement of military commissariats, as well as envisages that the procedure of creation and work of the office of reinforcement of military commissariats is specified in the Regulation on the military commissariats endorsed by the President of the Russian Federation and other normative legal acts of the Russian Federation.

Appropriate changes of wordings are introduced in the Federal Law on the military duty and the military service.

Federal Law No. 168-FZ of October 25, 2006 on the Amendment to Article 12 of the Federal Law on the State Regulation of Development of Aviation <br>

The Federal Law expands opportunities of attraction of foreign capital to participation in aviation organisations engaged in activities of development, production, testing, repair and/or utilisation of the aircraft equipment. Participation of foreign capital in the aviation organisation is permitted on condition that the share of participation of the foreign capital makes less than 25% of the registered capital of the aviation organisation, or at the Decision of the President of the Russian Federation.

The head of the aviation organisation and the persons forming its management bodies must the citizens of the Russian Federation. Otherwise is determined by the decision of the President of the Russian Federation.

Federal Law No. 167-FZ of October 26, 2006 on the Amendment to Article 12 of the Federal Law on the Military and Technical Cooperation of the Russian Federation with Foreign States <br>

According to the amendments, the right for the foreign trade activities pertaining to the products of military destination granted to organisations according to established procedure is preserved with them for the whole period if the President of the Russian Federation decides to transfer the federally owned stocks (shares, property) of these organisations in the registered capital of other organisations where at least 51% of stocks (shares, property) is in the federal property.

The mentioned right is preserved with the mentioned organisations if the President of the Russian Federation decides to convert such organisations into the ones where at least 51% of stocks (shares, property) is in the federal property and transfer these stocks (shares, property) in the registered capital of other organisations where at least 51% of the stocks (shares, property) is in the federal property.

Federal Law No. 166-FZ of October 25, 2006 on the Ratification of the Agreement between the Russian Federation and Georgia on the Organisation of Transit Shipment of the Military Cargo and Personnel through the Territory of Georgia <br>

Ratifies the Agreement signed on March 31, 2006 in Sochi. The Agreement implies an international legal regulation of issues of transit shipment by various types of transport through the territory of Georgia of the military cargo and personnel to provide for the functioning of the Russian military base on the territory of the Republic of Armenia.

Federal Law No. 165-FZ of October 25, 2006 on the Ratification of the Agreement between the Russian Federation and Georgia on the Time Limits and Procedure of Temporary Functioning and Withdrawal of the Russian Military Bases and Other Military Objects of the Group of Russian Troops in the Trans-Caucasian Region Located on the Territory of Georgia <br>

Ratifies the Agreement signed on March 31, 2006 in Sochi. The Agreement regulates the issues of withdrawal of Russian military bases, other military objects of the Group of Russian Troops in the Trans-Caucasian Region located on the territory of Georgia, as well as specifies the time limits and procedure of their temporary functioning for the period of the Agreement - until December 31, 2008.

Besides, the Agreement defines the legal status of servicemen and civilian personnel forming part of the Russian military bases (objects) and members of their families until December 31, 2008, as well as the procedure of their withdrawal from the territory of Georgia within the specified time limits.

Decision of the Government of the Russian Federation No. 614 of October 17, 2006 on the Amendments to the Decision of the Government of the Russian Federation No. 655 of November 7, 2005 <br>

The amendments endorse the rules of use of savings of the housing support of servicemen and the rules of disclosing of information on the generation, investing and use of the savings of the housing support of servicemen.

A participant of the accumulated mortgage system may use the savings of the housing support available on his personal account to purchase dwelling space, improve housing conditions or for other needs. The grounds for the emerged right of use of the savings is the total length of the military service of 20 years and more, dismissal of the serviceman with the total length of the military service of 10 years and more because of the health condition, because of the staff organisational measures or upon reaching the limiting age of the military service.

The serviceman may use accumulated contributions of future periods to obtain or redeem a mortgage credit on common grounds.

The savings of the housing support are provided to the serviceman in cashless form by transfer of resources to his bank account, transfer of resources to the federal body of executive power followed by subsequent transfer of this amount to the serviceman or by transfer of resources to the bank account of another recipient defined in the normative legal act of the federal body of executive power.

The Decision defines the procedure of use of savings when the serviceman is excluded from participants of the accumulated mortgage system because of death.

According to the rules of disclosing of information on the generation, investing and use of savings of the housing support of servicemen, the following information must be disclosed: change of the amount of savings of the housing support of servicemen; use of the savings of the housing support of servicemen; change of the market cost of assets of the aggregate investment portfolio; the aggregate investment portfolio; incomes from investing of savings of the housing support of servicemen; rewards and expenses of the management companies; resources available on the personal savings accounts of participants of the accumulated mortgage system.

The given information is disclosed on the annual basis before April 1 of the year following the reported one through official publication in the media, placing in the Internet, sending to the federal bodies of executive power in charge of the normative and legal regulation and state control (enforcement) in the sphere of relations of generation, investing and use of the savings of housing support of servicemen.

Order of the Ministry of Finance of the Russian Federation No. 116n of September 18, 2006 on the Amendments to the Normative Legal Acts on Accounting Work <br>

Amends nine regulations on accounting work, in particular, PBU 9/99 "Incomes of the Organisation", PBU 10/99 "Expenses of the Organisation", PBU 6/01 "Registration of Fixed Assets", PBU 8/01 "Conditional Facts of Economic Activities", PBU 16/02 "Information on Terminated Activities", PBU 17/02 "Registration of Expenses for Scientific Research, Design and Technological Works", PBU 19/02 "Registration of Financial Investments", PBU 20/03 "Information on Participation in Joint Activities".

The amendments are of technical nature, in particular, "operational and non-sale expenses" are replaced with "other" ones.

The amendments are entered into force beginning with the annual accounting reports for the year 2006.

Registered in the Ministry of Justice of the Russian Federation on October 24, 2006. Reg. No. 8397.