Space Law TOP
Contents Intoroduction Preliminaries Chapter 1 Chapter 2
Chapter 3 Chapter 4 Appendix Index

Chapter 1. General

Article 1. Key Concepts

This Federal Law uses the following key concepts:

space products - space means, space technologies, results of space activity and various services in the field of exploration and use of space;

commercial space activity - independent space activity performed in line with the existing legislation by legal entities and natural persons at their risk and aimed at gaining systematic profits and other benefits from sales of goods, performing work or rendering services in the field of exploration and use of space;

commercialization of space activity - system of state measures aimed at arrangement, regulation and support of commercial space activity by the state.

Article 2. Legislation of the Russian Federation On Commercialization of Space Activity and Commercial Space Activity

1.

This Federal Law establishes legal and organizational bases of commercialization of space activity and commercial space activity under jurisdiction of the Russian Federation.

2.

Commercialization of space activity and commercial space activity are regulated by generally recognized principles and legal rules of international law, international Agreements of the Russian Federation, this Federal Law, other Federal Laws and other standard legal acts of the Russian Federation.

Article 3. Aims of Commercial Space Activity

Commercial space activity is performed to:

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attract Russian and foreign investments in commercial space activity;

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create conditions for transforming separate directions of space activity into a profitable sector of the economy and ensuring a partial compensation for investments from the Federal Budget into space activity;

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arrange international and foreign economic activity of the Russian Federation in the field of exploration and use of space in the interests of economic development of the Russian Federation, support and development of scientific technical and intellectual potential of the space industry and its infrastructure, and introduction of national space products into the world market.

Article 4. Principles of Commercial Space Activity

Commercial activity shall be performed in accordance with the following principles:

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stimulation of the private business to use their own resources in the field of space activity, and encouragement of commercial use of space equipment and technologies;

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protection of rights and interests of participants in commercial space activity by the state;

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state regulation, coordination and support of commercial space activity;

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provision of security interests of the Russian Federation in the process of commercial space activity.



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