Review of Economic Legislation in March 2015

In March, amendments were introduced in Part One of the RF Civil Code concerning norms in the fi eld of the law of obligations; the conditions of recognizing foreign citizens to be highly qualifi ed specialists were defi ned in more precise detail; the rules for changing, in 2015, by agreement of the parties thereto, of the deadline for execution of a contract, the price of a contract, the unit price of goods, work, or service, their quantity, and the volume of contracts to be terminated in 2015; and the cases when a client is to be entitled not to stipulate, in the notification concerning the effectuation of a purchase deal, and (or) in a draft contract, the requirement that the execution of a contract for the supply of goods, performance of work, or rendering of services for government and municipal needs should be secured.