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News of the Federal Legislation

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News of the Federal Legislation


The amendments are made to the Budgetary code of the Russian Federation and certain legislative acts of the Russian Federation
2009-04-13 08:00

NEWS OF THE FEDERAL LEGISLATION

The amendments are made to the Budgetary code of the Russian Federation and certain legislative acts of the Russian Federation

In accordance with amendments approved by the Federal Act N 58-FZ of April 9, 2009 (document is in Russian), there is established the procedure for use with funds of the Reserve Fund for financing of the federal budget deficit, there are putted the norms providing attraction of additional sources of incomes from temporary available funds of state corporations, the wider authorities are given to subjects of the Russian Federation on granting donations from own budgets to secure equation of local budgets.

In particular there is determined that in the case of decrease of general value of the federal budget incomes forecasted to current financial year in accordance with respected results of the Russian Federation social and economical development in current financial year (except oil and gas incomes and incomes from placing funds of the Reserve Fund and the National Welfare Fund) more than 15 percent in comparison with aforesaid incomes value providing in the federal act of federal budget on current financial year and planning period, the provisions of aforesaid federal act may be considered as lost their force in the part referring to planning period.

Besides in accordance with article 7 of the Act, a number of norms of the RF Budgetary Code (document is in Russian) and the Federal Act N 174-FZ "On ecological examination" of November 23, 1995 (document is in Russian) is suspended.

Substantial modifications are made to the RF Customs Code (document is in Russian). These amendments in particular are concerning to the administration procedure of customs payments.
 
There is given in the new wording article 345 of the Code regulating the legal relations on transfer of monetary funds to accounts of the Federal treasury or their placing to cash-desk of a customs body. So there is established that now customs duties and taxes are paid in the Russian Federation currency. Earlier effecting norm about possibility of payment of duties and taxes in a foreign currency is suspended up to 2012.

The Federal Act N 58-FZ of April 9, 2009 shall putt into effect from the day of its official publication except the amendments putting to the RF Customs Code which shall putt into effect from October 1, 2009.

The amendments are made to the part two of the RF Civil Code concerning to conclusion of financing contracts under assignment of a monetary claim by financial agents
2009-04-13 08:00

NEWS OF THE FEDERAL LEGISLATION

The amendments are made to the part two of the RF Civil Code concerning to conclusion of financing contracts under assignment of a monetary claim by financial agents

  The Federal Act N 56-FZ of April 9, 2009 (document is in Russian) has made the amendments to article 825 of part two of the RF Civil Code and has considered article 10 of the Federal Act N 15-FZ of January 26, 1996 " On putting into effect of part two pf the Civil Code of the Russian Federation" (document is in Russian) as lost its force.

In accordance with amendments as financial agents any commercial institutions may to conclude financing contracts under assignment of a monetary claim.

Earlier such contracts as financial agents only banks and other credit institutions and commercial institutions having a permits (license) on performance such kinds of activity may to conclude (at that in the Federal Act "On licensing of certain kinds of activity" (document is in Russian) are absent the provisions concerning to licensing of according activity").

There are approved the forms of documents necessary for creation and making activity at the Russian Federation territory of branches and representations of international institutions and foreign non-commercial non-governmental institutions
2009-04-13 08:00

NEWS OF THE FEDERAL LEGISLATION

There are approved the forms of documents necessary for creation and making activity at the Russian Federation territory of branches and representations of international institutions and foreign non-commercial non-governmental institutions

The Order of the Ministry of Justice of the Russian Federation N 84 of March 25, 2009 (document is in Russian) has approved:

the form of notification about creation at the Russian Federation territory of a branch or a representation of international institution and foreign non-commercial non-governmental institution,

the form of notification about changing of information included to the notification about creation at the Russian Federation territory of a branch or a representation of international institution and foreign non-commercial non-governmental institution,

the forms of inquiry from the registry of branches and representations of international institutions and foreign non-commercial non-governmental institutions.

  These forms shall be applied to structure subdivisions of international institutions (associations) in the part not contradicting to international contracts of the Russian Federation.


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