Monitoring of the Federal Legislation dated 5.01.2011

Federal Law No. 442-FZ of December 29, 2010 on the Amendments to the Forestry Code of the Russian Federation and Individual Legislative Acts of the Russian Federation

Improves the legal regulation of forestry relations.

Federal Law No. 441-FZ of December 29, 2010 on the Amendments to the Federal Law on the Fund of Assistance of Reformation of the Housing and Communal Sector and Invalidation of Individual Legislative Acts (Provisions of Legislative Acts) of the Russian Federation

The work of the Fund of Assistance of Reformation of the Housing and Communal Sector is prolonged until 2013.

Federal Law No. 438-FZ of December 29, 2010 on the Invalidation of Individual Provisions of Legislative Acts of the Russian Federation

Abandons the norms requiring reservation of resources to guarantee the back travel of foreigners employed in Russia.

Federal Law No. 437-FZ of December 29, 2010 on the Amendments to the Federal Law on Non-Commercial Organisations and Individual Legislative Acts of the Russian Federation

The amendments are expected to improve transparency and efficiency of work of state corporations (companies).

Federal Law No. 435-FZ of December 29, 2010 on the Amendments to Individual Legislative Acts of the Russian Federation Improving Circulation of Lands of Agricultural Destination

Regulates the procedure of forced withdrawal of land plots of agricultural destination.

Decision of the Commission of the Customs Union No. 510 of December 8, 2010 on the Amendments to the Joint Commodity Nomenclature of Foreign Economic Activities of the Customs Union and the Joint Customs Tariff of the Customs Union Pertaining to Raw Oil and Produced at the Deposits of the Republic of Belarus

Introduces new subheadings in the Commodity Nomenclature of Foreign Economic Activities of the Customs Union.

Direction of the Central Bank of Russia No. 2546-U of December 24, 2010 on the Interest Rates for the Deposit Operations of the Bank of Russia

From December 27, 2010, increases the fixed interest rates for the deposit operations of the Bank of Russia by 0.25 percentage points.