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Printed from: http://petersburgcity.com/news/business/2006/06/01/alcohol_sales/ Business news, 01.06.2006 12:19 St Pete legislators OK ban on nighttime sales of hard liquor![]()
The law will come into force 10 days after the governor of St. Petersburg signs it.
The bill also stipulates that only companies with a charter capital of at least 500,000 rubles will be able to get a license for retail sales of alcohol. The price of the license will be 100,000 rubles, under the bill. Companies will be able to increase charter capitals before October 1 and to re-register their licenses in accordance with the new rules before April 1, 2007.
The government of the Moscow Region introduced a similar restriction on the nighttime sales of alcohol that becomes effective from July 1. (26.9840 rubles - U.S. $1)
News source: prime-tass.com
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