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 6.10.2003

Decision of the Government of the Russian Federation No. 606 of October 1, 2003 on the Amendments to the Decision of the Government of the Russian Federation No. 346 of June 19, 2003

Amends the rules of informing of the insured of the condition of the special part of the individual personal account and submission of applications by the insured to choose the investment portfolio (management company).
The period when the Pension Fund of the Russian Federation informs the insured of the amount of insurance contributions allocated for the financing of the accumulated part of the labour pension is extended to November 1, 2003.
Also extended till December 31, 2003 is the period when the insured submits the application to choose the investment portfolio (management company) to transfer the resources of the accumulated pensions registered in the special part of the individual personal account of the insured to the chosen management company.

Decision of the Government of the Russian Federation No. 609 of October 2, 2003 on the Raising of the Tariff Rates (Salaries) of the Uniform Labour Remuneration Tariff of the Workers of Organisations of the Budget-Supported Sphere

Introduces from October 1, 2003 new tariff rates (salaries) of the Uniform Labour Remuneration Tariff of the Workers of Organisations of the Budget-Supported Sphere.
The first grade tariff rate (salary) of the Uniform Labour Remuneration Tariff of the Workers of Organisations of the Budget-Supported Sphere is fixed to amount to Rbl 600 per month.

Decree of the President of the Russian Federation No. 1158 of September 30, 2003 on the Amendments to the Regulation on the Import to the Russian Federation and Export from the Russian Federation of Precious Metals, Precious Stones and Raw Materials Containing Precious Metals Endorsed by the Decree of the President of the Russian Federation No. 742 of June 21, 2001

In pursuance of the changes to the Customs Tariff of the Russian Federation, amends the lists of precious metals, precious stones and raw materials containing precious metals imported to the Russian Federation and exported from the Russian Federation.
The Decree is entered into force from the day of its official publication. The text of the Decree has been published in Rossiyskaya Gazeta on October 3, 2003, No. 198.

Order of the Ministry of Natural Resources of the Russian Federation No. 799 of September 3, 2003 on the Endorsement of the Procedure of Issue of Permissions to Procure the Fauna Objects of the Species Registered in the Red Data Book of the Russian Federation

Specifies that procurement of the fauna objects is permitted only on the basis of the permission issued by the Ministry of Natural Resources of the Russian Federation. Endorses the form of the permission and defines the requirements to the information provided in the application. Legal entities and natural persons having obtained the permission to procure the fauna objects must register it in the territorial body of the Ministry of Natural Resources of Russia at the place of procurement.
Registered in the Ministry of Justice of the Russian Federation on September 25, 2003. Reg. No. 5113.

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