Monitoring of the Federal Legislation dated 22.07.2008

Decree of the President of the Russian Federation No. 1108 of July 18, 2008 on the Improvement of the Civil Code of the Russian Federation

The goal of the new concept of development of civil legislation of the Russian Federation is compliance with a new level of market relations, bringing it closer to the laws of the European Union, uniformity in the CIS member-states.

Decree of the President of the Russian Federation No. 1106 of July 18, 2008 on the Amendments to the Decree of the President of the Russian Federation No. 1157 of November 18, 1995 on Some Measures to Protect the Rights of Depositors and Stock-Holders

The right for compensation payments rests with the citizens having become victims of organisations or natural persons included in the special register of violators of legislation at the financial and stock market.

Decree of the President of the Russian Federation No. 1105 of July 18, 2008 on the Research Centre of Private Law of the President of the Russian Federation

Defines the main directions of activities of the Research Centre of Private Law of the President of the Russian Federation.

Decision of the Government of the Russian Federation No. 545 of July 18, 2008 on the Endorsement of the Rules of Compensation of Losses Suffered by the Owners of the Infrastructure of the Public-Use Railway Transport and/or Carriers As a Result of Individual Deliveries by the Railway Transport in Cases of Hazards to Social and Economic Stability, Defence Potential, State Security and Other Cases Envisaged in the Legislation of the Russian Federation

Specifies the procedure of compensation of losses suffered in individual deliveries by the railway transport in cases of hazards to social and economic stability, defence potential, state security.

Decision of the Government of the Russian Federation No. 544 of July 18, 2008 on the Amendments to the Decision of the Government of the Russian Federation No. 490 of August 13, 2006

Refines the procedure of licensing of individual types of activities on the sea and internal water transport.

Decision of the Government of the Russian Federation No. 541 of July 18, 2008 on the Endorsement of the Rate of the Import Customs Duty for Video Games Using TV Sets

Introduces a reduced rate of the customs duty on a permanent basis for video games using TV sets.