Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 9.04.2003

Decision of the Government of the Russian Federation No. 197 of April 4, 2003 on the Particulars of Double Job Holding for Pedagogical, Medical, Pharmacy Workers and Workers of Culture

The particulars of double job holding for the mentioned employees are defined by the Ministry of Labour of the Russian Federation in coordination with the Ministry of Education of the Russian Federation, Ministry of Public Health of the Russian Federation and the Ministry of Culture of the Russian Federation taking into account the opinion of the Russian Trilateral Commission for Regulation of Social and Labour Relations.

Decision of the Government of the Russian Federation No. 193 of April 4, 2003 on the Endorsement of the Rules of Determination of the Quota for Temporary Residence Permissions in the Russian Federation Issued to Foreign Citizens

The quota for the issue of temporary residence permissions to foreign citizens and stateless persons is fixed by the Government of the Russian Federation for the calendar year in absolute figures for the Russian Federation on the whole and separately for each of the subjects of the Russian Federation.
The decision on the fixing of the quota for the subsequent year is taken by the Government of the Russian Federation no later than November 30. The decision on the fixed quota may not be revised and is obligatory for execution by the territorial bodies of the federal body of executive power in charge of internal affairs issuing temporary residence permissions.

Decision of the Federal Commission for Securities Market No. 03-12/ps of February 26, 2003 on the Requirements to Magnetic Media and Text Format of the Documents Submitted to the Federal Commission for Securities Market in Compliance with the Normative Legal Acts on Investment Funds

The magnetic media must be a 3.5" diskette formatted for IBM-compatible computers. All files must be in Rich Text Format (RTF).
Registered in the Ministry of Justice of the Russian Federation on April 4, 2003. Reg. No. 4382.

Order of the Ministry of Property Relations of the Russian Federation No. 79 of March 13, 2003 on the List of Officials of the Ministry of Property Relations of the Russian Federation and Its Territorial Bodies Authorised to Draw Up Protocols of Administrative Violations

The mentioned list includes the Minister of Property Relations, chiefs of structural divisions of the central office of the Ministry, heads of interregional and territorial bodies and their divisions, as well as their deputies.
Registered in the Ministry of Justice of the Russian Federation on April 4, 2003. Reg. No. 4374.

Direction of the Central Bank of Russia No. 1258-U of March 18, 2003 on the Amendment to the Regulation of the Bank of Russia No. 168-P of December 18, 2001 on the Procedure of Carrying Out Operations by Authorised Banks (Branches of Authorised Banks) with Banknotes of the Member-Countries of the Economic and Monetary Union and Euro Banknotes and Coins

Defines the codes of the currencies of the member-countries of the Economic and Monetary Union having lost the status of the legal circulating medium pursuant to the introduction of the uniform European currency - euro - used in the documents drawn up by credit organisations when collecting such currencies for subsequent sending to foreign banks, as well as when accepting them for expert evaluation.
The Direction is entered into force 10 days after the day of its official publication in the Herald of the Bank of Russia.
Registered in the Ministry of Justice of the Russian Federation on April 3, 2003. Reg. No. 4371.

Order of the State Customs Committee of the Russian Federation No. 288 of March 19, 2003 on the Amendments to the Order of the State Customs Committee of Russia No. 402 of April 27, 2001

Changes the rates for calculation of the amount of the backing of the duties of the importer. In particular, the rate for the wines, except for the sparkling ones, champagne, wine materials and must, is fixed in the amount of EUR 2.5 per litre (earlier, 1.7).
Registered in the Ministry of Justice of the Russian Federation on April 3, 2003. Reg. No. 4370.

Order of the State Customs Committee of the Russian Federation No. 291 of March 19, 2003 on the Amendments to the Order of the State Customs Committee of Russia No. 1070 of November 27, 2000

Lists additional points of transfer permitting to move alcoholic and tobacco items by international highway or sea transport.
Registered in the Ministry of Justice of the Russian Federation on April 3, 2003. Reg. No. 4369.

Decision of the Federal Commission for Securities Market No. 03-10/ps of February 12, 2003 on the Amendments to the Decision of the Federal Commission for Securities Market No. 15 of July 18, 2001 on the Normatives of Sufficiency of Own Resources of Professional Participants of Securities Market

Fixes the normative of sufficiency of own resources of professional participants of the securities market engaged in dealers' or/and brokerage activities and rendering financial consulting services at securities market in the amount of Rbl 35 million.
When the brokerage and/or dealers' activities are combined with depositary or assessment activities and the rendering of financial consulting services, the sufficiency normative is fixed to amount to Rbl 40 million.
When the brokerage and/or dealers' activities are combined with depositary activities and activities of the special depositary of investment funds, shared investment funds and non-state pension funds and the rendering of financial consulting services at securities market, the sufficiency normative is fixed to amount to Rbl 45 million.
According to the Statement of the Ministry of Justice of the Russian Federation No. 07/2597-YuD of March 19, 2003, the Decision does not need state registration.

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