Financial Law is a set of specific legal provisions, whose main task is to regulate social relations arising at the time of formation and distribution of financial resources by public authorities (and local) in the implementation of the main objectives of their activities.
This branch of law, like all the others, is the subject, its own methods, the basic concepts and rules laid down by law.The subject of financial law act arising at the moment of reallocation of funds, and public relations.In simple non-legal language, the state to implement its core functions necessary financial resources, ie money.Relationships in society resulting from the formation and redistribution of these funds, and are the main subject of regulation of the financial sector law.
The concept of "finance" has two main aspects.Firstly, it is a branch of science such as law, and, secondly, the general industry of the Russian law.As a science studying finance basic norms that regulate relations between different government institutions and the people in the process of their financial and economic activity.When we talk about finance law as part of the overall Russian law, we mean by it a set of rules is the main regulator of relations between people and public institutions in the process of their of their financial activities.
norms of financial law - a set of certain rules of conduct adopted in the public relations of public authorities and the people, based on education and the use of basic financial assets.The standards are usually set by the state, it is common for all participants to the process of distribution of funds, and secured the legal rights of these same participants.Financial law has a close relationship with the constitutional rules covering the activities of the state in general and is the leading sector in the Russian jurisprudence.
main goal of the methods of financial law is to prevent violating the fundamental rules and regulations.This is achieved by means of administrative law and civil law processes.The Russian financial law has several sources:
- Russian Constitution, enshrining the bases of activity of the financial system as a whole and its separate areas.
- Normative and legal acts of the executive, legislative, and local authorities.
- Resolution of the Government.
- Presidential Decree.
- Ministry of Finance.
- Central Bank.
All regulations which include standards of financial law, united by one common concept - financial legislation of the Russian Federation.In other words we can say that the financial legislation is a specific form of expression of the objects of financial law.All relationships arising on the creation and distribution of financial resources, are the kind of property relations and have a public character.
Financial law as a discipline is taught in all the legal and economic institutions of higher learning in our country.The course usually begins with the development of the basic concepts and terminology, the history of development of the system in Russia.Modern students begin to grasp the basics of financial law is still in high school, because the study of legal disciplines is the key to successful education of generations of people legally competent.
