FEDERAL LAW OF THE RUSSIAN FEDERATION

of January 11, 1995 No. 4-FZ

About Audit Chamber of the Russian Federation

Accepted by the State Duma on November 18, 1994

Approved by the Federation Council on December 7, 1994

Chapter 1. General provisions

Article 1. Status of Audit Chamber of the Russian Federation

The Audit Chamber of the Russian Federation (further - Audit Chamber) is the permanent body of the state financial control formed by Federal Assembly of the Russian Federation and accountable to it.

In the activities the Audit Chamber is guided by the Constitution of the Russian Federation, this Federal Law, other laws of the Russian Federation. Within the tasks determined by the current legislation, the Audit Chamber has organizational and functional independence.

The Audit Chamber is legal entity, has seal with the image of the State Emblem of the Russian Federation and with the name.

The location of Audit Chamber - the city of Moscow.

Article 2. Tasks of Audit Chamber

Tasks of Audit Chamber are:

organization and control of timely execution profitable and items of expenditure of the federal budget and budgets of federal off-budget funds for amounts, structure and purpose;

determination of efficiency and feasibility of expenses of public funds and use federal property;

assessment of justification profitable and items of expenditure of drafts of the federal budget and budgets of federal off-budget funds;

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