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 10.11.2003

Decision of the Government of the Russian Federation No. 674 of November 5, 2003 on the Procedure of Examination of the Differences between the Bodies of Executive Power of the Subjects of the Russian Federation in the Sphere of State Regulation of Tariff Rates, Organisations Engaged in Regulated Types of Activities and Consumers

The federal body of executive power authorised to examine the differences between the bodies of executive power of the subjects of the Russian Federation in the sphere of state regulation of tariff rates, organisations engaged in regulated types of activities and consumers is the Federal Power Supply Commission of Russia. The fee for the examination of the differences paid to the federal budget amounts to Rbl 50,000. The differences are being examined in the presence of the parties or their representatives. The differences may be examined in the absence of the parties (party) to their application in writing or in case of a failure of a party to report if the party has been notified appropriately of the place and time of examination of the differences.
The form of the application, as well as the list and forms of the documents presented for the examination of the differences are endorsed by the Federal Power Supply Commission of Russia.

Decision of the Government of the Russian Federation No. 673 of November 5, 2003 on the Publication and Amount of Payment for the Publication of the Documents on the Development, Discussion and Expert Evaluation of the Draft Technical Regulations, Draft Legislative and Other Normative Legal Acts on Technical Regulations

The amount of payment for the publication of the notification of the development of the draft technical regulation and the notification of the termination of public discussion of the draft technical regulation is Rbl 1,000. The amount of payment for the publication of the draft federal law on the technical regulation adopted by the State Duma of the Russian Federation in the first reading and the statement of the expert commission for technical regulation is Rbl 4,000 per author's sheet. The mentioned information is published by the State Standards Committee of Russia in the Herald of Technical Regulation or appendix to it.

Decision of the Government of the Russian Federation No. 672 of November 5, 2003 on the Fixing of the Cost of Living in Per Capita Figures and for the Main Socio-Demographic Groups of Population for the Whole of the Russian Federation for the III Quarter of 2003

The cost of living for the III quarter of 2003 is fixed to amount to Rbl 2,121 per capita for the whole of the Russian Federation, Rbl 2,318 for the able-bodied population, Rbl 1,612 for pensioners, Rbl 2,089 for children.

Decision of the Government of the Russian Federation No. 671 of November 5, 2003 on the Endorsement of the Regulation on the Exaction or Replacement of the Commodities Moved across the Customs Border of the Russian Federation in Cases of Controlled Supplies

Specifies the procedure of full or partial exaction or replacement in cases of controlled supplies of commodities moved across the customs border and prohibited from free sale or permitted for distribution under a special permission. The mentioned procedure applies also to the replacement of commodities presenting a hazard to the health of people, natural environment or used for production of mass destruction weapons.
Full or partial exaction or replacement of commodities is arranged in each case on the basis of an agreement of the body in charge of the controlled supply with the competent bodies of foreign states participating in the controlled supply.
The Decision is entered into force from January 1, 2004.

Order of the Ministry of Public Health of the Russian Federation No. 434 of September 16, 2003 on the Endorsement of the Requirements to the Qualification of the Physical Culture and Sports Medicine Physician

Lists the categories of knowledge and skills of the physical culture and sports medicine physician according to the speciality requirements.
Registered in the Ministry of Justice of the Russian Federation on November 5, 2003. Reg. No. 5215.

Decision of the Federal Commission for Securities Market No. 03-40/ps of September 24, 2003 on the Procedure of Checking of Issuers, Professional Participants of the Securities Market, Self-Regulated Organisations of Professional Participants of the Securities Market and Other Organisations Licensed by the Federal Commission for Securities Market

The endorsed procedure specifies the procedures of preparation and carrying out of the checks of the mentioned organisations including organisations known to be carrying out unlicensed activities at securities market, as well as defines the rights and duties of the workers of the Federal Commission for Securities Market of Russia and the checked organisations. The checks may be the cameral ones or carried out on site.
The time of the on-site check may not be greater than 60 days. The time may be extended for 60 days more taking into account the check complexity, quantity and volume of the checked information. The check applies to the period of work of the organisation not covered by the previous on-site checks no more than three calendar years in length directly preceding the year of the check, except for the checks of issuers. It is prohibited to repeat the on-site check of the same circumstances, except for the cases of reorganisation or liquidation of the organisation, of the newly opened circumstances or when the Federal Commission for Securities Market of Russia checks the work of its regional division having carried out the check. The Decision specifies that officials and employees of the organisation, as well as the workers of other organisations, including those providing guards services under a contract, may not demand from inspectors any oral and/or written obligations and explanations.
The time of the cameral check may not be greater than five months. This time may be extended for one month in addition. The time of the cameral check of the validity of information of the documents presented for the state registration of the issue (additional issue) of emission securities may not be greater than 30 days.
Registered in the Ministry of Justice of the Russian Federation on October 31, 2003. Reg. No. 5212.

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