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 24.06.2004

Federal Law No. 57-FZ of June 21, 2004 on the Suspension of Item 3 of Article 13 of the Law of the Russian Federation on the Organisation of Insurance Activities in the Russian Federation

Until July 1, 2007 suspends the norm stating that insurers possessing life insurance licenses may not reinsure assumed property insurance risks from the day of entry into force of the Federal Law No. 172-FZ of December 10, 2003. The given norm is suspended for insurance organisations created before the entry into force of the mentioned Federal Law No. 172-FZ of December 10, 2003.
     
The Federal Law is entered into force from the day of its official publication and applies to legal relations emerging from the day of entry into force of the Federal Law No. 172-FZ of December 10, 2003.

Federal Law No. 56-FZ of June 21, 2004 on the Amendments to Articles 4 and 5 of the Federal Law on the Obligatory State Insurance of Life and Health of Servicemen, Citizens Called up for the Training Exercises, Soldiers and Officers of the Bodies of Internal Affairs of the Russian Federation, State Fire Service, Bodies in Charge of Control over Circulation of Narcotic Drugs and Psychotropic Substances, Employees of Institutions and Bodies of the Criminal Execution System and Employees of the Federal Bodies of the Tax Police

Expands the circle of persons entitled for insurance payments under the mentioned Federal Law. Persons after an early discharge from the draft military service, citizens called up for the training exercises to positions envisaged for the military ranks up to sergeantmajor inclusive recognised as unfit for military service by the military medical commission because of the mutilation (wound, injury, contusion) or disease occurred during the service are also entitled for insurance payments. Earlier, the mentioned category included only those recognised as partially fit for the military service.

Federal Law No. 55-FZ of June 21, 2004 on the Invalidation of the Federal Law on the Engineering and Technical System of the Agroindustrial Complex

The mentioned Federal Law is invalidated because of the duplication of the norms of other laws and specifying the norms that must not be specifies at the level of the Federal Law.

Order of the Ministry of Taxation of the Russian Federation No. SAE-3-21/260@ of April 5, 2004 on the Endorsement of the Forms of Information on the Issued to Organisations, Independent Entrepreneurs, Natural Persons Licenses (Permissions) for the Use of Objects of Water Biological Resources, Amounts and Time Limits of Payment of the Fee for the Use of Objects of Water Biological Resources

In pursuance of Chapter 25.1 "Fees for the Use of Objects of Fauna and for the Use of Objects of Water Biological Resources", endorses the forms of information on the issued to organisations, independent entrepreneurs, natural persons licenses (permissions) for the use of objects of water biological resources, amounts and time limits of payment of the fee for the use of objects of water biological resources.
     
Registered in the Ministry of Justice of the Russian Federation on June 17, 2004. Reg. No. 5862.

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