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 25.07.2003

Decree of the President of the Russian Federation No. 824 of July 23, 2003 on the Measures to Implement the Administrative Reform in 2003-2004

Defines priority directions of the administrative reform in 2003- 2004:
- restriction of the state inference in economic activities of entrepreneurial subjects, including the stopping of excessive state regulation;
- elimination of the redundancy of the functions and authority of the federal bodies of executive power;
- development of the system of self-regulating organisations in the economic sphere;
- delimitation of the organisation of the functions pertaining to the regulation of economic activities, enforcement and control, management of the state property and services to citizens and legal entities rendered by state organisations;
- termination of the process of delimitation of the authority between the federal bodes of executive power and the bodies of executive power of the subjects of the Russian Federation, optimisation of activities of the territorial bodies of the federal bodies of executive power.
The Decree is entered into force from the day of its official publication.

Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 11 of July 9, 2003 on the Practice of Examination by Arbitration Courts of Applications for Enforcement Measures Prohibiting General Meetings of Stock-Holders

Explains that enforcement measures must be linked directly to the subject of the dispute, commensurable with the declared claim, necessary and sufficient to ensure the execution of the court ruling or prevent the damage.
The court may not prohibit the joint-stock company, its bodies or stock-holders to hold the annual or extraordinary general meeting of stock-holders as an enforcement measure in disputes of appeals against the decisions of the management bodies of the joint-stock company, invalidation of the deals with the company stocks, of application of the consequences of invalidation of such deals, of invalidation of the issue of stocks of the join-stock company, as well as in other disputes.
However, the court may prohibit the annual or extraordinary general meeting of stock-holders to take decisions on individual issues of the agenda if these issues form the subject of the dispute or are directly associated with it.

Order of the State Customs Committee of the Russian Federation No. 620 of June 4, 2003 on the Endorsement of the Instruction on the Procedure of Carrying out the Military Medical Examination in the Customs Bodies of the Russian Federation

Defines the organisation and procedure of carrying out of the military medical (pilot medical) expert evaluation in the customs bodies of the Russian Federation.
The military medical expert evaluation is carried out to determine the fitness category of the citizens for the service in the customs bodies, as well as to determine the reasons of mutilations of the citizens (wounds, injuries and contusions), diseases associated with the service in the customs bodies.
Registered in the Ministry of Justice of the Russian Federation on July 23, 2003. Reg. No. 4915.

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