Chapter V. Arrangement for Fulfillment of Provisions of This Federal Law
Article 18. Liabilities for Damage Caused in the Process of Performing Commercial
Space Activity
1.
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Compensation for damage caused while
performing commercial space activity shall be made in line with the procedure
of compensation for damage stipulated by Russian Federation legislation and
international agreements of the Russian Federation.
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2.
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The maximum scope of civil liability for
participants in commercial space activity shall be in accordance with the
current legislation of the Russian Federation.
If the maximum scope of civil liability of
participants in commercial space activity exceeds that stipulated by the law,
the Russian Federation shall undertake subsidiary liability for the caused
damage.
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3.
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The Customer of a commercial space project
must insure civil liability for cases when damage is caused in the process of
commercial space activity.
Failure to discharge this duty is the reason
for refusal of license for the right to work on a commercial space project,
suspension and/or termination of the license.
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4.
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Costs of compulsory insurance of a
commercial space project as well as costs of insurance against damage (loss)
of space equipment are included in the manufacturing cost of the space
equipment.
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Article 19. International Commercial Arbitration
Issues of international commercial arbitration
arising in the process of commercial space activity of legal entities and
natural persons as well as procedures of arbitration and fulfillment of
arbitration decision in foreign economic disputes in the given field shall be
settled in accordance with the Law of the Russian Federation On International
Commercial Arbitration.
Article 20. Procedure for Making This Federal Law Effective
This Federal Law becomes effective from the
day it had been formally published.
Article 21. Adjustment of Standard Legal Acts to This Federal Law
Standard legal acts of the President of the
Russian Federation and the Council of Ministers of the Russian Federation, and
departmental standard legal acts shall be brought in line with this Federal Law
within two months from the date it had become effective.
President
of the Russian Federation
RESOLUTION
OF THE STATE DUMA
On the Draft Federal Law
On
Commercial Space Activity
The State Duma of the Federal Assembly of the
Russian Federation resolves:
1.
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Adopt the Draft Federal Law On Commercial
Space Activity in the first reading.
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2.
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Direct the Draft Law to the President of the
Russian Federation, Federation Council of the Federal Assembly of the Russian
Federation, committees and commission of the State Duma, deputy groups in the
State Duma, Council of Ministers of the Russian Federation, legislative
bodies of the subjects of the Russian Federation, Constitution Court of the
Russian Federation, Supreme Court of the Russian Federation and Highest
Arbitration Court of the Russian Federation.
Amendments to the indicated Draft Law shall
be submitted to the Committee of the State Duma on issues of geopolitics
before May 20, 1997.
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3.
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The Committee of the State Duma on issues of
geopolitics shall update the given Draft Law to include introduced amendments
and submit it to the State Duma for consideration in the second reading.
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April, 1997.
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