Monitoring of the Federal Legislation dated 11.12.2007

Federal Law No. 334-FZ of December 6, 2007 on the Amendments to the Federal Law on Investment Funds and to Individual Legislative Acts of the Russian Federation

Improves state control over activities of joint-stock investment funds, management companies, specialised depositaries and non-state pension funds.

Decision of the Government of the Russian Federation No. 844 of December 6, 2007 on the Amendments to the Customs Tariff of the Russian Federation for Individual Types of Civil Aircraft

The rate of the import customs duty for civil aircraft with the number of seats greater than 300 (code according to the Foreign Trade Commodity Nomenclature of Russia 8802 40 000 5) is reduced for 9 months from 20% to 0% of the customs cost per plane.

Decision of the Government of the Russian Federation No. 831 of December 1, 2007 on the Endorsement of the Rules of Working out of the List of Products of Military Destination Permitted for Transfer to Foreign Ordering Parties and the Rules of Working out of the List of States Permitted for Transfer of Products of Military Destination Mentioned in the List of Products of Military Destination Permitted for Transfer to Foreign Ordering Parties

Introduces a new procedure of working out of the list of products of military destination permitted for transfer to foreign ordering parties and the list of states where the transfer of the mentioned products is permitted.

Order of the Ministry of Public Health and Social Development of the Russian Federation No. 607 of September 17, 2007 on the List of Occupations (Positions) and Jobs Permitting the Foreign Citizen or Stateless Person Staying (Living) Temporarily in the Russian Federation in Cases Specified by the Government of the Russian Federation to Be Employed outside the Subject of the Russian Federation Having Issued the Permission for Employment (Temporary Residence)

Defines the list of occupations (positions) and jobs permitting a foreign citizen or stateless person staying or living temporarily in the Russian Federation to be employed outside the subject of the Russian Federation having issued the permission for employment or temporary residence.

Order of the Federal Tax Service No. MM-3-05/645@ of November 22, 2997 on the Endorsement of the Form of the Certificate of the Amounts of the Uniform Social Tax Paid for the Expired Tax Period by the Board of Lawyers, Lawyer Office or Legal Advice Company for the Lawyer

Specifies the form of the above certificate.

Order of the Ministry of Finance of the Russian Federation No. 113n of November 21, 2007 on the Amendment to the Order of the Ministry of Finance of the Russian Federation No. 136n of November 7, 2006 on the Endorsement of the Form of the Tax Declaration for the Value Added Tax and Its Filling Procedure

Refines the list of codes of operations used to fill the tax declaration for the value added tax.

Regulation of the Central Bank of Russia No. 313-P of November 14, 2007 on the Procedure of Calculation of the Amount of Market Risk by Credit Organisations

Endorses the Regulation defining the procedure of calculation of the amount of market risk by credit organisations.