Monitoring of the Federal Legislation dated 17.05.2010

Decree of the President of the Russian Federation No. 589 of May 14, 2010 ~Issues of the Federal Agency for Supplies of Arms, Military, Special Equipment and Material Resources~

Endorses a new regulation on the Federal Agency for Supplies of Arms, Military, Special Equipment and Material Resources.

Decision of the Government of the Russian Federation No. 325 of May 11, 2010 on the Implementation of the Rights of the Russian Federation Envisaged in the Federal Law on the Use of State Securities of the Russian Federation to Increase Capitalisation of Banks

The state may take measures to increase capitalisation of banks. Bonds of the federal loan are exchanged for the preference stocks of such banks.

Decision of the Government of the Russian Federation No. 311 of May 10, 2010 on the Amendments to the Rules of Supplies of Gas to the Russian Federation

Adjusts the rules of supplies of gas.

Decision of the Presidium of the Higher Arbitration Court of the Russian Federation No. 18162/09 of April 20, 2010

According to the tax body, they company used VAT exemptions unfoundedly.

Information Letter of the Presidium of the Higher Arbitration Court of the Russian Federation No. 138 of April 27, 2010 on the Priority of Claims for Insurance Contributions for Obligatory Pension Insurance in the Cases of Bankruptcy

Explains the issues of priority order to satisfy the claims for insurance contributions for obligatory pension insurance in the cases of bankruptcy.

Information Letter of the Presidium of the Higher Arbitration Court of the Russian Federation No. 137 of April 27, 2010 on Some Issues Pertaining to Transient Provisions of the Federal Law No. 73-FZ of April 28, 2009 on the Amendments to Individual Legislative Acts of the Russian Federation

Prepares recommendations on the application of the law having changed the provisions of the legislation on bankruptcy (including credit organisations).