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Presidential Decree No. 1551 of 1992 "On provisions for financial stabilisation of fishing enterprises and organisations".

Country/Territory
Russian Federation
Document type
Legislation
Date
1992
Source
FAO, FAOLEX
Original source
Official copy.
Subject
Fisheries
Keyword
Inland fisheries Marine fisheries International trade Special fund Fishing vessel
Geographical area
Arctic, Asia and the Pacific, Black Sea, Caspian Sea, CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia, North Pacific, North-West Pacific
Entry into force notes
Entry into force from the date of signature.
Abstract

The President, for the purpose of ensuring the exploitation of fishing fleet, decrees to authorize fishing enterprises and organizations of the Federal Fisheries Committee to leave at their disposal 90% of foreign currency receipts from export of produce (work, service). The aforesaid means must be used for clearing off liabilities for maintenance, service and other exploitation expenses of fishing fleet. The remaining 10% of foreign currency receipts must be sold at the internal foreign currency market. The Ministry of Finance is entitled to exercise control over the purposeful use of means.

Full text
Russian