Monitoring of the Federal Legislation dated 27.07.2009

Federal Law No. 213-FZ of July 24, 2009 on the Amendments to Individual Legislative Acts of the Russian Federation and Invalidation of Individual Acts (Provisions of Individual Acts) of the Russian Federation Pursuant to the Adoption of the Federal Law on Insurance Contributions to the Pension Fund of the Russian Federation, Social Insurance Fund of the Russian Federation, Federal Fund of Obligatory Medical Insurance and Territorial Funds of Obligatory Medical Insurance

The Federal Law is aimed at further development of the system of obligatory social insurance and increasing from 2010 of the level of pension support for citizens.

Federal Law No. 212-FZ of July 24, 2009 on the Insurance Contributions to the Pension Fund of the Russian Federation, Social Insurance Fund of the Russian Federation, Federal Fund of Obligatory Medical Insurance and Territorial Funds of Obligatory Medical Insurance

From 2010, the uniform social tax is replaced with insurance contributions for particular types of social insurance.

Federal Law No. 211-FZ of July 24, 2009 on the Amendments to Article 15 of the Federal Law on the State Regulation of Activities of Organisation and Carrying out of Games of Chance and on the Amendments to Some Legislative Acts of the Russian Federation

Sweepstakes cannot be located in buildings available in the state or municipal property. An exception is made for the horse racing.

Federal Law No. 209-FZ of July 24, 2009 on the Hunting and Preservation of the Hunting Reserves and on the Amendments to Individual Legislative Acts of the Russian Federation

The Federal Law is aimed at regulation of relations in the sphere of hunting and preservation of hunting reserves.

Federal Law No. 208-FZ of July 24, 2009 on the Ratification of the Founding Treaty of the Anticrisis Fund of the Eurasia Economic Community and the Agreement on the Management of Resources of the Anticrisis Fund of the Eurasia Economic Community

The ratified Treaty and the Agreement have been signed by the heads of governments of the member-countries on June 9, 2009 in Moscow.

Federal Law No. 207-FZ of July 24, 2009 on the Amendments to the Customs Code of the Russian Federation

Introduces a mutual responsibility of the customs broker and the declaring party for the transfer of customs payments (in full amount).

Decision of the Government of the Russian Federation No. 609 of July 23, 2009 on the Endorsement of the Index of Growth of the Average Monthly Earnings in the Russian Federation for the Year 2008 and the Index of Growth of Incomes of the Pension Fund of the Russian Federation per Pensioner for the Year 2008 Allocated to Pay out the Insured Part of the Labour Pension

Specifies the above indices.

Decision of the Government of the Russian Federation No. 582 of July 16, 2009 on the Main Principles of Determination of the Rent for the Land Plots in the State or Municipal Property and on the Rules of Determination of the Amount of Rent, As Well As the Procedure, Terms and Deadlines of Transfer of Rent for the Lands Available in the Property of the Russian Federation

The amount of rent must be economically substantiated, i.e. be commensurate with the land plot profitability.

Regulation of the Central Bank of Russia No. 337-P of June 19, 2009 on the Procedure and Criteria of Assessment of the Financial Standing of Legal Entities Having Founded (Participants) of the Credit Organisation

Introduces a new procedure and new criteria of assessment of the financial standing of legal entities having founded (participants) of a credit organisation.