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 15.07.2002

Decision of the Constitutional Court of the Russian Federation No. 12-P of July 9, 2002 on the Case of Constitutionality of Provisions of Item 5 of Article 18 and Article 30.1 of the Federal Law on the General Principles of Organization of Legislative (Representative) and Executive Bodies of State Power of the Subjects of the Russian Federation, Article 108 of the Constitution of the Republic of Tatarstan, Article 67 of the Constitution (Fundamental Law) of the Republic of Sakha (Yakutia) and Part 3 of Article 3 of the Law of the Republic of Sakha (Yakutia) on the Election of the President of the Republic of Sakha (Yakutia)

The Constitutional Court of the Russian Federation has recognized the provision of Article 30.1 of the Federal Law on the general principles of organization of the legislative (representative) and executive bodies of state power of the subjects of the Russian Federation as not contradicting the Constitution of the Russian Federation.
The Constitutional Court of the Russian Federation has recognized the norm of Article 108 of the Constitution of the Republic of Tatarstan, as to the meaning it had after the entry into force of the mentioned Law and before adoption on April 19, 2002 of the new Constitution of the Republic of Tatarstan, as not contradicting the Constitution of the Russian Federation.
The Decision is entered into force immediately after the annunciation.

Federal Law No. 87-FZ of July 10, 2002 on the Amendment to Article 6 of the Federal Law on the Fundamentals of Social Servicing of the Population in the Russian Federation and Amendment to Article 2 of the Law of the Russian Federation on Standardization

Changes the procedure of setting forth the state standards of social services. Earlier, the mentioned standards were endorsed by the Government of the Russian Federation, now, according to the procedure defined by the Government of the Russian Federation. It is supposed that the Government of the Russian Federation will endorse this procedure including the development of state standards of social servicing on the contest basis and their subsequent endorsement by the Ministry of Labour of Russia.
The sphere of reference of the Law on standardization does not include now relations pertaining to the state standards of social services.
The Federal Law is entered into force from the day of its official publication.

Federal Law No. 86-FZ of July 10, 2002 on the Central Bank of the Russian Federation (Bank of Russia)

The new Law replaces the one adopted in 1990 on the Central Bank of the Russian Federation (Bank of Russia) and summarizes the experience of operation of the given body for the passed period of time. The new Law preserves independence of the Bank of Russia, refines its status, functions, authority, as well as the management structure. The given measures are aimed to improve the transparency of the activities of the Bank of Russia.
The main changes pertain to the ownership regime of the property and the registered capital of the Bank of Russia. The registered capital and other property of the Bank of Russia are federally owned, the possession, use and management of which is carried out by the Bank of Russia on behalf of the Russian Federation. The Law has formulated the main function of the Bank of Russia - protection of and providing for the stability of the rouble, which is specified in Article 75 of the Constitution of the Russian Federation. The Law formulates more specifically the exclusive authority and functions of the Bank of Russia refines the notion of the accountability of the Bank of Russia to the State Duma. Also refines that the Bank of Russia participates in the capitals of the Savings Bank, Foreign Trade Bank and Russian banks abroad.
Besides, the Law refines the functions of the Board of Directors of the Bank of Russia and the National Banking Council.
The Federal Law is entered into force from the day of its official publication with exceptions.

Decision of the Government of the Russian Federation No. 519 of July 12, 2002 on the Amendments to the Decision of the Government of the Russian Federation No. 939 of December 9, 2000

Beginning with August 1, 2002, increases the rate of the export customs duty for raw oil and oil products from bituminous materials (code according to the Foreign Trade Commodity Nomenclature 2709 00) exported from the territory of the Russian Federation outside the member-states of the Customs Union agreements from USD 20.7 to USD 21.9 per 1,000 kg.

Decision of the Government of the Russian Federation No. 516 of July 11, 2002 on the Endorsement of the Rules of Calculation of the Periods of Work Qualifying for an Early Labour Old-Age Pension in Compliance with Articles 27 and 28 of the Federal Law on the Labour Pensions in the Russian Federation

Lists the works the periods of which are summed up for the early assignment of the labour old-age pension to the citizens. The length of service qualifying for the early labour old-age pension includes, in particular, the periods of work fulfilled on a permanent basis within the whole of the working day under the condition of transfer of insurance payments to the Pension Fund of the Russian Federation for these periods. Of similar status to the payment of insurance contributions to the mentioned fund is considered to be the payment of contributions for the state social insurance before January 1, 1991, the uniform social tax (contribution) and the uniform imputed income tax for certain types of activities.

Decision of the Government of the Russian Federation No. 514 of July 11, 2002 on the Endorsement of the Regulation on Coordination and Endorsement of the Land Planning Documentation, Creation and Keeping of the State Fund of Information Obtained As a Result of Land Planning Measures

The general land planning scheme of the territory of the Russian Federation, documentation on land planning issues worked out in compliance with the decisions of the bodies of state power, as well as the documentation pertaining to the lands in the federal ownership is to be coordinated with the Federal Service of the Land Cadastre of Russia and its territorial bodies, bodies of sanitary and epidemiological enforcement, bodies of protection of the monuments of culture, bodies of local government. Legal entities and independent entrepreneurs engaged in land planning activities must hand over to the state fund free of charge 1 copy of the land planning documentation prepared by them within one month from the day of its endorsement.

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