From regulation to self regulation

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In July 2008, the State Duma passed the

Federal Law No. 148-FZ “On Amendments

to the Town Planning Code of the Russian

Federation and Other Statutes of the

Russian Federation” (“Statute”). The

Statute introduces several substantial

amendments to the construction business

in Russia and delegates regulation over

construction activity to self-regulating

organizations. The Statute amends two

other Federal laws as well: “On Licensing

of the Certain Types of Activities” and the

Town Planning Code of the Russian

Federation.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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