Sergei Bakeshin has commented to Delovoy Peterburg on the abolition of the legislative acts from the Soviet period

The Prime Minister of the Russian Federation Dmitry Medvedev, in the framework of the reform, called the “regulatory guillotine”, signed an order according to which more than 20,000 acts adopted during the USSR should cease to be effective from the beginning of 2020. In this regard, the federal authorities should have time to study the list of documents planned for cancellation and make their proposals on amendments or changes dated 10 October 2019.

“The abolition of obsolete legal acts is unlikely to cause disastrous consequences. The bulk of the legal relationship has long been settled by laws passed after 12 June 1990. Most of the earlier Soviet legal acts are rudimentary, and their abolition is unlikely to have a big impact on everyday life”, Sergei Bakeshin, Head of Maxima Legal Dispute Resolution and Insolvency practice, explained to Delovoy Peterburg.

Sergei also noted that the scope and terms of the order are striking and, although in fact it is a question of final approval of the list, its implementation may be delayed.

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