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 29.09.2003

Decision of the Government of the Russian Federation No. 596 of September 25, 2003 On Amending the Rules of Provision of Paid Veterinary Services

It cancels from the list of paid veterinary services investigations and other veterinary activities connected with the sale for export of pedigree animals, with other commercial purposes and also with the issuance of veterinary reports on the construction of projects of veterinary purpose.
It expands a set of notions of the Rules by introducing notions of the consumer and provider of paid veterinary services.
The information on services that may be provided shall include a reference to a specific person who will provide a veterinary service and also information on such a person when that is of significance proceeding from the nature of a veterinary service. When placing an order, the provider shall be obligated to inform the consumer in due time of the fact that the compliance with the consumer's instructions and other circumstances within control of the consumer may diminish the quality of a veterinary service that is rendered or make it impossible to complete it in time. It determines the procedure for making up an estimate of the provision of veterinary services.

Ruling of the Government of the Russian Federation No. 594 of September 25 of 2003 On the Publication of National Standards and All-Russia's Classifiers of the Technical-Economic and Social Information

The official publication of national standards and All-Russia's classifiers in the national language of the Russian Federation shall be effected by the RF State Statistics Committee.
The texts of the national standards and All-Russia's classifiers shall be subject to official publication in printed outlets and on official site of the RF State Standards Committee. Also subject to official publication shall be notices of the approval of national standards, information on amendments, addenda and changes made therein, on cancellation and replacement, the texts of changes, amendments and addenda. The said information shall be published in the monthly information guide-book "National Standards" and placed on official site of the RF State Standards Committee.
Copies of officially published national standards and All-Russia's classifiers obtained from the information system of public use in electronic-digital form may, if necessary, be recognized as official publications, given an electronic digital signature of the duly authorized official person.
All changes, addenda and amendments made to the state standards and All-Russia's classifiers of the technical-economic and social information adopted prior to the entry into force of the Federal Law On Technical Regulation (prior to July 1, 2003) and also information thereon shall be published as is provided under the new rules.

Order of the State Customs Committee of the Russian Federation No. 998 of September 8, 2003 On the Approval of Specimen of Forms of the Customs Value Declaration (DTS-1 and DTS-2) and Instructions On the Procedure for Filling In the Customs Value Declaration

It approves specimens of forms of the customs value declaration (DTC-1 and DTC-2) and instructions on filling them in.
The customs value declaration (hereinafter referred to as DTC) is an integral part of the customs declaration and shall be filled in for all the imported goods declared by using cargo customs declaration (GTD) with some exceptions (for instance, in case of importation of goods by individuals for personal, family, domestic and other needs not connected with the conduct of entrepreneurial activity).
In applying a method of determining the customs value by the price of transaction with imported goods, it is required to fill in DTC-1, in other cases - DTC-2.
The Order shall take effect as from January 1, 2004.
Registered with the Ministry of Justice of the Russian Federation in September 24, 2003. Registration No. 5112.

Decision of the Ministry of Transportation of the Russian Federation No. 147 of June 18, 2003 On the Approval of the Federal Aviation Rules "Operators of General Purpose Aircraft. Requirements to the Operator of General Purpose Aircraft, Procedures for Registration and Control of Activity of Operators of General Purpose Aircraft"

It lays down requirements to the operators of general purpose aircraft, prescribes the procedures for issuing an operator's certificate, extending its validity, introduction therein of amendments and control over the activity of operators. The said requirements shall not apply to citizens and legal entities possessing with the right of ownership, on lease terms or on other lawful basis single-seat aircraft with the maximum flying mass of up to 120 kg, maximum flying speed of up to 100 km per hour, stall speed not in excess of 45 km per hour and storage of fuel of not more than 20 liters.
Registered with the Ministry of Justice of the Russian Federation in September 23, 2003. Registration No. 5104.

Directive of the Central Bank of Russia No. 1302-U of July 3, 2003 On the Procedure for Closure of Accounts of Enterprises and Organizations Opened with the Authorized Banks to Count Federal Budget Funds Allocated on the Refund and Paid Basis to Finance Investment Projects and Defense Industry Conversion Programs, to Form a Special-Purpose Fund for Easy Terms' Crediting of Seasonal Costs Within the Agricultural-Industrial Complex

It establishes the procedure for closing with the authorized banks individual accounts to count federal budget funds opened under agreements made by those banks with the Ministry of Finance of the Russian Federation and/or the Ministry of Agriculture of the Russian Federation.
The Directive shall take effect in 10 days after its publication in "the Bulletin of the Bank of Russia".
Registered with the Ministry of Justice of the Russian Federation in September 18, 2003. Registration No. 5086.

Decision of the Federal Securities Commission No. 2003-32/pc of July 2, 2003 On the Disclosure of Information by Issuers of Emitted Securities

The approved Regulations shall serve to regulate the make-up, procedure and time limits for disclosing information at the stages of issuance of emitted securities as a prospectus of securities, quarterly report of the issuer of securities and information on substantial facts (events, actions) affecting the financial and economic activity of the securities' issuer. It also lays down requirements to the procedure for disclosing by issuers of other information on the fulfillment of the issuer's obligations and exercise of rights in respect of securities that are invested (or have been invested).
The effect of the Regulations shall apply to all issuers of securities, except for issuers of governmental and municipal securities and shall also extend to professional participants in the securities market providing to the issuer services of a financial consultant in the securities market.
The issuer is obligated to provide access to any interested person to the information contained in each of the reports by placing copies of same at the place of location of the ad hoc executive body of the issuer and also at places specified in issuer's advertising messages carrying information on the distribution of securities.
The issuer shall be obligated to provide a copy of each report to the owners of issuer's securities and to other interested persons at their request for a charge not exceeding the costs involved in the making of such a copy, within a period of not more than 7 days as from making of the request. The copy to be provided by the issuer shall be certified by the authorized person of the issuer.
Registered with the Ministry of Justice of the Russian Federation in September 18, 2003. Registration No. 5084.

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