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 20.09.2002

Decision of the Government of the Russian Federation No. 684 of September 18, 2002 on the Typical Rules of Trusteeship Control of Periodic-Redemption Shared Investment Fund

Defines the terms of trusteeship control of the fund. The founder of trusteeship control shall transfer the property in trusteeship control by the managing company to combine this property with the property of other founders of trusteeship control and include it in the fund for a certain period of time, with the managing company being obliged to manage the property in the interests of the founder of trusteeship control. The owners of investment shares assume the risk of losses pertaining to the change of the market cost of the property forming the fund. The rules define the rights and duties of the managing company, as well as the rights of owners of investment shares. The Decision provides the list of obligatory information included in the form of the application for the purchase, redemption or exchange of investment shares of the fund.

Decision of the Government of the Russian Federation No. 683 of September 18, 2002 on the Endorsement of the Rules of Granting of Subventions and Subsidies in 2002 to Organizations of the Air, Sea and River Transport

Institutes the procedure of granting in 2002 of subventions and subsidies from the federal budget to organizations of the air, sea and river transport.
The list of transport organizations begin the recipients of subventions and subsidies is determined by the Ministry of Transport of the Russian Federation on the contest basis in compliance with the legislation.

Decision of the Government of the Russian Federation No. 681 of September 18, 2002 on the Procedure of Placing in 2002 of the Temporarily Free Resources of the Reserve of the Budget of the Pension Fund of the Russian Federation

The Pension Fund of the Russian Federation enjoys the right to place the temporarily free resources of the reserve of the Pension Fund of the Russian Federation in excess of the amounts allocated to ensure the current balance and replenishment of the normative of monetary resources in circulation of the budget of the Pension Fund in the state securities of the Russian Federation with obligations in the currency of the Russian Federation and foreign currencies. The volumes, structure and time of purchase and sale of the state securities are defined in coordination with the Ministry of Finance of the Russian Federation.

Order of the Ministry of Communication of the Russian Federation No. 113 of September 9, 2002 on the Endorsement of the Rules of Putting in Operation of Communication Structures

Endorses the procedure of putting in operation of communication structures and telecommunication networks. The putting in operation according to the present rules applies to the new communication structures or the existing ones where the registered parameters changed as a result of the reconstruction (expansion, modernization).
The Order provides an exhaustive list of the necessary documents that may be requested by the state enforcement bodies in the sphere of communication and informatization from communication operators when the structures (networks) are put in operation.
Registered in the Ministry of Justice of the Russian Federation on September 17, 2002. Reg. No. 3804.

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