Monitoring of the Federal Legislation dated 22.01.2007

Decision of the Government of the Russian Federation No. 15 of January 16, 2007 on the Licensing of Activities of Making Printed Items Protected against Forgery, Including Blank Securities, As Well As of Sale of the Mentioned Items

Endorses a new Regulation on the licensing of activities of making of printed items protected against forgery, including blank securities, as well as of sale of the mentioned items.

The licensing of the mentioned activities, as well as the sale of the mentioned items, is vested in the Federal Tax Service. As before, the period of validity of the license makes 5 years with the right of prolongation.

The Decision of the Government of the Russian Federation No. 817 of November 11, 2002 on the endorsement of the Regulation on the licensing of activities of making printed items protected against forgery, including blank securities, as well as the sale of the mentioned items is invalidated.

Decision of the Government of the Russian Federation No. 25 of January 18, 2007 on the Amendments to the Customs Tariff of the Russian Federation Pertaining to Polyethyleneterephthalate

The amendments are stipulated by the merger of individual subheadings. Interim rates of import customs duties are introduced for the mentioned commodities in the amount of 5% of the customs cost for 9 months. Earlier the rates for polyethyleneterephthalate intended for application in pharmacy made 10%, other - 5% of the customs cost.

The Decision is entered into force 2 months after the day of its official publication.

Order of the Ministry of Finance of the Russian Federation No. 168n of December 8, 2006 on the Endorsement of the Directions on the Procedure of Application of the Budget Classification of the Russian Federation

The Directions are endorsed to provide for a uniform budget policy and drawing up and execution of budgets of all levels of the budget system of the Russian Federation in proper time. Specify new rules of application of the budget classification of the Russian Federation by participants of the budget process of all levels of the budget system of the Russian Federation. As before, a uniform 20-digit code of classification of incomes, expenses and sources of financing of deficits of the budgets of the Russian Federation is envisaged.

The Order invalidates the Order of the Ministry of Finance of the Russian Federation No. 152n of December 21, 2005 on the endorsement of the Directions on the procedure of application of the budget classification of the Russian Federation an the Orders of the Ministry of Finance of Russia having amended it.

The Order is entered into force from January 1, 2007.