Windfall tax for major companies to be introduced in Russia

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Daily Monitoring of the Legislation

Monitoring of the Federal Legislation dated 10.06.2002

Decision of the Government of the Russian Federation No. 396 of June 7, 2002 on the Endorsement of the Regulation on the Territorial Land Planning

Sets forth the procedure of territorial land planning measures including the forming of the new and adjustment of the existing objects, as well as their chorometry. Territorial land planning according to the decisions of the bodies of state power, as well as on lands in the federal property, is vested in the Federal Service of the Land Cadastre of Russia and its territorial bodies.
Territorial land planning of other objects is carried out by legal entities or independent entrepreneurs on the basis of the contract at the initiative of the bodies of local government, owners of land plots, land users and owners or at the court ruling.

Decision of the Government of the Russian Federation No. 395 of June 7, 2002 on the Licensing of Assessment Activities

Defines the new procedure of licensing of assessment activities carried out by legal entities and independent entrepreneurs. The licensing is vested in the Ministry of Property Relations of the Russian Federation. One of the prerequisites for carrying out assessment activities is insurance of civil responsibility of the license holder. The license is issued for the term of 5 years. The earlier issued licenses preserve their force until expiry.

Decision of the Government of the Russian Federation No. 394 of June 7, 2002 on the Endorsement of the Regulation on the Licensing of Activities of Investment Funds

Endorsed Regulation applies to investment funds registered as open-type joint-stock companies with their exclusive object of activities being property investment into securities and other objects and corporate name of which contains the words "joint-stock investment fund" or "investment fund". The licensing is vested in the Federal Commission for Securities Market. The license is issued for 5 years. The earlier issued licenses preserve their force until expiry.

Decision of the Government of the Russian Federation No. 393 of June 7, 2002 on the Amendment to the Rules of Registration, Storage and Use in the Russian Federation of Colour Copying Means (Operative Printing, Copying and Duplication Equipment, Bubble Jet Printers)

Sets forth that colour copying means may be removed or arrested temporarily under the state of emergency in compliance with the Federal Constitutional Law on the state of emergency.

Decision of the Government of the Russian Federation No. 388 of June 6, 2002 on the Amendments to and Invalidation of Some of the Acts of the Government of the Russian Federation

Pursuant to the adoption of the Federal Law on the amendments to the Federal Law on the leasing, adjusts a number of acts of the Government of the Russian Federation. The main changes pertain to the fact that instead of the earlier forms, types and kinds of leasing, the two main forms are adopted - internal and international one, with such types of leasing as financial, payback and operative ones being abandoned.

Order of the State Customs Committee of the Russian Federation No. 186 of February 26, 2002 on the Places of Customs Registration of Individual Category of Commodities in Moscow and the Moscow Province

Lists the customs bodies carrying out customs registration of commodities exported by foreign trade participants registered in Moscow and the Moscow Province. The given commodities include paper, magnetic and other material media containing drawings, charts, formulas, databases, audio and video materials and other. The Order does not apply to commodities exported by air transport, as well as commodities exported by natural persons not intended for production or other commercial activities.
Registered in the Ministry of Justice of the Russian Federation on June 4, 2002. Reg. No. 3498.
The Order is entered into force thirty days after the day of its official publication.

Order of the State Customs Committee of the Russian Federation No. 430 of April 29, 2002 on the Control of the Customs Cost of Commodities of Individual Category

Sets forth the particulars of control of the customs cost of individual commodities (refrigerators, electric heating devices for making tea or coffee, dish washing machines and other household auxiliaries). The specific feature of control of the customs cost is that these commodities are cleared at the customs cost specified by the declaring party without submission during customs registration of additional information and documents confirming the declared customs cost. The following conditions are to be observed in this case: it must be the first sale from the producer, the full amount of the customs payments is to be paid for these commodities and some other conditions.
Registered in the Ministry of Justice of the Russian Federation on June 3, 2002. Reg. No. 3497.
The Order is entered into force 30 days after its official publication.

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