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There has been adopted the Federal Act providing reformation of budget institutions


There has been adopted the Federal Act providing reformation of budget institutions
2010-05-12 08:00

NEWS OF THE FEDERAL LEGISLATION

There has been adopted the Federal Act providing reformation of budget institutions

The Federal Act N 83-FZ of May 8, 2010 "On amendments to certain legislative acts of the Russian Federation in accordance with improvement of legal status of state (municipal) institutions" (document is in Russian) is directed to increase efficiency of granting of state and municipal services, as well as optimization of state and municipal institutions network and is called to change legal status of existing budget institutions.

By the Federal Act N 83-FZ, it is provided to grant to budget institutions the right to be involved in profitable activity with receipt of incomes in disposal of these institutions. Besides, it is putted the new kind of state (municipal) institution - public institution, financial provision of which is provided on a budget estimate base.

The Federal Act N 83-FZ of May 8, 2010 shall putt into effect since January 1, 2011, except provision for which by article 33 it is established other periods for putting into effect. From January 1, 2011 till July 1, 2012, it is established the period of transition.


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