CONFISCATION OF PROPERTY UNDER RUSSIAN CRIMINAL LEGISLATION Aghayev Isfandiyar, Dr of law, Professor. <...> Annotation: Currently, the science of criminal law gives priority to development and fixing of non-custodial penalties in the legislation. <...> Among such measures the special place belongs to the confiscation, which is considered as an effective mean directed to the prevention of economic crimes. <...> Lack of confiscation impedes to deal with the effective system of combating crimes, especially such crimes as terrorism, organized crimes, mercenary or corruption crimes, crimes related to illegal traffic of drugs and psychotropic substances. <...> For this reason, a number of international-legal acts devoted to combating such acts, consider the confiscation as one of the important elements in the system of preventive measures. <...> The term "confiscation of property" has a long history. <...> So, even the outstanding Russian scientist Nikolay Tagantsev used it for designation of the withdrawal of things connected with the crime.1 Combating crimes without confiscation institute is very difficult nowadays. <...> For this reason, international-legal acts contain the recommendations on its inclusion into the norms of a domestic legislation, because confiscation, being a powerful economic tool in combating crimes, first of all, against its organized version, acts as an institute demanded in the practice. <...> Confiscation for a long time existed in criminal legislation of the Russian Federation, but its regulation is constantly changed. <...> By the Federal Law of December 8, 2003, article 1 Nikolay Tagantsev. <...> But soon by the Federal Law of July 27, 2006 "On Amendments to Certain Legislative Acts of the Russian Federation in Connection with Adoption of the Federal Law "On Ratification of the Convention of the Council of Europe on Prevention of Terrorism" and by the Federal Law of June 3, 2006, N0.35-FZ "On Counteracting Terrorism" (as revised by the Federal Law of December 31, 2014), a new Chapter (151) entitled "Confiscation of property", which consists of three articles (1041, 1042, 1043), was included into the VI Title of the Criminal Code called "Other measures of penal nature". <...> The return of confiscation of property to the criminal statute caused a wide response among both scientists and practitioners. <...> As it follows from the name of the mentioned Federal Law, the main purpose of confiscation of property is the strengthening of penal counteracting terrorism. <...> However, if earlier the confiscation of property was known as a criminal punishment, currently this measure from the position of the law belongs <...>