THE LEGAL STATUS OF FARMS SAVED IN RUSSIA FOR ANOTHER THREE YEARS

Russian President Dmitry Medvedev signed the Federal Law 176701-5 “On Amending the Article 23 Federal Law" on Peasant (farmer) facilities”, adopted by the State Duma and approved by the Federation Council. In accordance with the amendment, the re-registration period for peasant (farmer) facilities possessing a status of legal entity is extended till January 1, 2013. For the farmers’ community, which consists of 98,000 of farms in the territory of RF, it is a matter of primary importance.