It also sets out safety issues affecting vessels and property being transported. The Code entered into force on 13 March 2001. The Rules are adopted in accordance with the 1999 Code of Trade Navigation of the Russian Federation. Under this Code, all cargo vessels, towboats, passenger, bulk-oil and other trade vessels in the Russian Federation must be registered with one of the seaports of the Russian Federation. The Rules provide for a list of such seaports.
Registration is conducted on the basis of an application by the owner of the vessel.
The Rules define a registration procedure and provide for a list of documents to be submitted for registration. They also establish a procedure for registration of mortgages over vessels. Information on the registration of vessels and rights to such vessels is publicly available and can be provided at the request of any interested legal entity or individual. The Rules will come into force on 26 March 2001. According to these Articles of the Bankruptcy Law, certain judgements of arbitrazh courts are considered final and may not be appealed.