Date: 4 weeks ago   Category: Economy

The Federation Council approved expansion of powers of Audit Chamber — Rambler News Service


The Federation Council approved the bill of expansion of powers of Audit Chamber, follows from the message of the press service of the upper house of parliament. "The Federation Council approved changes in Article 15 of the Federal law "About Audit Chamber of the Russian Federation" regarding addition of subjects to control by legal entities with participation of the state corporations" — it is said in the statement. According to the text of the bill, economic associations and societies with participation in their authorized capitals of state corporations, state companies and the public companies can become subjects to control of Audit Chamber. In the explanatory note it is noted that powers of Audit Chamber are offered to be extended to "legal entities regarding use of means by them which source are subsidies from the federal budget". Changes "will allow to estimate efficiency of use of the funds allocated from the federal budget at the law at all stages of their movement", it is noted in the explanatory note. The bill was introduced by the Chairman of the State Duma Vyacheslav Volodin, the deputy chairman of the State Duma Alexander Zhukov and the deputy chairman of the State Duma Financial Market Committee Anton Getta.

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