Monitoring of the Federal Legislation dated 21.07.2009

Federal Law No. 205-FZ of July 19, 2009 on the Amendments to Individual Legislative Acts of the Russian Federation

The Federal Law specifies the procedure of processing of the so-called corporate disputes.

Federal Law No. 204-FZ of July 19, 2009 on the Amendments to Part 2 of the Tax Code of the Russian Federation

Refines the requirements to taxpayers wishing to switch over to the simplified system of taxation and applying this system.

Federal Law No. 202-FZ of July 19, 2009 on the Amendments to Chapters 23 and 25 of Part 2 of the Tax Code of the Russian Federation and on the Invalidation of Individual Provisions of the Federal Law on the Amendments to Part 1, Part 2 of the Tax Code of the Russian Federation and Individual Legislative Acts of the Russian Federation

The property exemption for the income tax from natural persons shall apply also in cases of purchase of the land plot (part thereof) for personal housing construction or if the purchased house is located on it. Earlier, the exemption could be applied only to flats, homes, rooms (shares in them).

Federal Law No. 201-FZ of July 19, 2009 on the Amendments to Article 346.25.1 of Part 2 of the Tax Code of the Russian Federation

From January 1, 2009, the patent for the right of use of the simplified system of taxation is issued for the period from one month to 12 months.

Federal Law No. 200-FZ of July 19, 2009 on the Buy out of Harvest-90 Checks, Payments to Suppliers of Agricultural Products of the Harvest of 1991 and on the Amendments to the Federal Law on the State Commodity Obligations

Specifies the procedure to buy out the Harvest-90 checks, execute state obligations to suppliers of agricultural products of the harvest of 1991, as well as the composition and time limits of the state commodity obligations.

Federal Law No. 199-FZ of July 19, 2009 on the Amendments to the Federal Law on the Migration Record Keeping for Foreign Citizens and Stateless Persons in the Russian Federation

Specifies the deadline for foreigners to submit application for registration at the place of residence.

Federal Law No. 197-FZ of July 19, 2009 on the Amendment to Article 10 of the Federal Law on the Transportation Safety

According to the amendment, the Government of the Russian Federation may now specify only the list of works directly associated with the transportation safety.

Federal Law No. 196-FZ of July 19, 2009 on the Amendments to Individual Legislative Acts of the Russian Federation in View of the Changes of the Period of Authority of the President of the Russian Federation and the State Duma of the Federal Assembly of the Russian Federation

The election legislation of the Russian Federation is being brought in compliance with the changes in the period of authority of the President of the Russian Federation and the State Duma of the Russian Federation.

Federal Law No. 195-FZ of July 19, 2009 on the Amendments to Individual Legislative Acts of the Russian Federation

The amendments are expected to improve the bankruptcy legislation.

Federal Law No. 193-FZ of July 19, 2009 on the Amendment to Article 11 of the Federal Law on the Additional Measures to Enhance Stability of the Banking System in the Period until December 31, 2011

The Federal Law improves sanation of a number of banks significant for the system.

Federal Law No. 192-FZ of July 19, 2009 on the Amendments to the Budget Code of the Russian Federation and Article 45 of the Federal Law on the Central Bank of the Russian Federation (Bank of Russia)

Shifts from August 26 to October 1, 2009 the deadline to submit to the State Duma the draft federal budget and the Main Directions of the Uniform State Monetary and Credit Policy for the years 2010-2012.

Federal Law No. 190-FZ of July 18, 2009 on the Credit Cooperation

Specifies new fundamentals of creation and activities of credit consumer cooperatives.

Federal Law no. 189-FZ of July 18, 2009 on the Amendments to the Federal Law on the Technical Regulation

Technical regulations must provide in addition the energy efficiency requirements.

Federal Law No. 185-FZ of July 18, 2009 on the Amendments to Articles 2 and 9.1 of the Law of the Russian Federation on the Medical Insurance of Citizens in the Russian Federation and Article 11 of the Federal Law on the Obligatory Pension Insurance in the Russian Federation

Refines the procedure of registration of notaries engaged in private practices as insurants in the territorial bodies of obligatory medical insurance and territorial bodies of the Pension Fund of Russia.

Federal Law no. 183-FZ of July 18, 2009 on the Ratification of the Agreement between the Government of the Russian Federation and the Government of the Chinese People’s Republic on the Cooperation in the Oil Supply Sphere

The ratified Agreement was signed on April 21, 2009 in Beijing.

Federal Law No. 182-FZ of July 18, 2009 on the Amendments to the Federal Law on Non-State Pension Funds and the Federal Law on the Investments to Finance the Accumulated Part of the Labour Pension in the Russian Federation

Introduces two types of management companies.

Federal Law No. 181-FZ of July 18, 2009 on the Use of State Securities of the Russian Federation or Enhance Capitalisation of Banks

The state now enjoys the right to enhance capitalisation of banks by exchange of bonds of the federal loan for the preferential stocks of such banks.

Federal Law No. 177-FZ of July 18, 2009 on the Amendments to Individual Legislative Acts of the Russian Federation Improving Control over Circulation of Precursors of Narcotic Drugs and Psychotropic Substances

The amendments improve control over circulation of precursors of narcotic drugs and psychotropic substances

Federal Law No. 173-FZ of July 17, 2009 on the Amendments to Articles 17.1 and 53 of the Federal Law on the Protection of Competition

The amendments extend the list of subjects permitted to conclude contacts of transfer of rights of possession or use for the state or municipal property without tenders, contests and auctions.

Federal Law No. 172-FZ of July 17, 2009 on the Anticorruption Expert Evaluation of Normative Legal Acts and Draft Normative Legal Acts

Specifies the legal and organisational fundamentals of anticorruption expert evaluation of normative legal acts and draft normative legal acts.

Federal Law No. 171-FZ of July 17, 2009 on the Amendments to the Federal Law on the Prosecutor Office of the Russian Federation Pursuant to the Adoption of the Federal Law on the Anticorruption Expert Evaluation of Normative Legal Acts and Draft Normative Legal Acts

The prosecutors are empowered with a new authority to carry out anticorruption expert evaluation of normative legal acts.

Federal Law No. 170-FZ of July 17, 2009 on the Amendments to the Federal Law on Non-Commercial Organisations

The amendments simply the procedure of state registration of non-commercial organisations.

Federal Law No. 164-FZ of July 17, 2009 on the Amendments to the Federal Law on the Protection of Competition and Individual Legislative Acts of the Russian Federation

The amendments promote competition and improve antimonopoly regulation.

Federal Law No. 162-FZ of July 17, 2009 on the Amendment to Article 2 of the Federal Law on the Use of Cash Registers in Cash Payments and/or Payments Using Paycards and to Individual Legislative Acts of the Russian Federation

The payers of the uniform imputed income tax are permitted to disregard the use of cash registers in cash payments and/or payments using paycards.

Federal Law No. 161-FZ of July 17, 2009 on the Amendments to Part 2 of the Tax Code of the Russian Federation

VAT exemptions apply in the cases of free granting of air time and/or printing space in the course of elections and referenda.

Federal Law No. 160-FZ of July 17, 2009 on the Amendments to the Code of Administrative Violations of the Russian Federation and Individual Legislative Acts of the Russian Federation

Enhances administrative responsibility for the violation of the antimonopoly legislation.

Decision of the Government of the Russian Federation No. 573 of July 16, 2009 on the Endorsement of the Regulation on the Import to the Russian Federation and Export from the Russian Federation of Narcotic Drugs, Psychotropic Substances and Their Precursors Withdrawn from Illegal Circulation for the Purpose of Their Use in Expert Work

A number of federal bodies of power are permitted to move across the customs border of the Russian Federation narcotic drugs, psychotropic substances and their precursors withdrawn from illegal circulation for the purpose of their use in expert work without the license and certificate for the right of import (export).