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 17.09.2002

Decision of the Government of the Russian Federation No. 672 of September 13, 2002 on the Amendments to the Decision of the Government of the Russian Federation No. 137 of February 28, 2002 on the Measures to Implement the Federal Law on the Federal Budget for the Year 2002

In view of the adoption of the Federal Law on the amendments to the Federal Law on the federal budget for the year 2002, introduces amendments to the Decision of the Government of the Russian Federation No. 137 of February 28, 2002.
The Ministry of Finance of the Russian Federation is ordered to extend until December 31, 2002 the time of return of the budget loans allocated until January 1, 2002 and in the first six months of 2002 from the federal budget to cover temporary cash gaps in the execution of the budgets of the subjects of the Russian Federation. The new wording is provided for the maximum amounts of expenses with financing being transferred to later periods.

Direction of the Central Bank of Russia No. 1193-U of September 9, 2002 on the Updating Procedure for the Guide of the Bank Identification Codes of Participants of Payments on the Territory of the Russian Federation

Updates of information included in the Guide of Bank Identification Codes of the Russian Federation are carried out two times a week. The changes to the Guide of Bank Identification Codes of the Russian Federation shall enter into force simultaneously on the whole territory of the Russian Federation two working days after their sending at 00 hours Moscow time. The changes sent to the Main Informatization Centre of the Bank of Russia on Monday shall enter into force on Thursday current week, those sent on Wednesday - on Monday next week.
The Direction is entered into force from the moment of publication in the Herald of the Bank of Russia.

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