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 24.09.2004

Order of the Government of the Russian Federation No. 1222-r of September 21, 2004

Endorses the list of industrial products enjoying state warrantee support when exported in 2004.

Direction of the Central Bank of Russia No. 1487-U of August 11, 2004 on the Publication in the Herald of the Bank of Russia of the Report of the Credit Organisation of the Adopted Decision on Reorganisation or Reduction of the Registered Capital

To publish in the Herald of the Bank of Russia the report of the adopted decision on reorganisation or reduction of the registered capital, the credit organisation shall send it to the Department of External and Public Relations of the Bank of Russia by fax, as well as the original of the report by mail.

The report should be sent within not more than 15 calendar days from the date of adoption of the mentioned decision. The Bank of Russia shall provide for the publication of the report in the nearest issue of the Herald of the Bank of Russia 10 days after the moment of receiving of the fax message. The publication is provided free of charge.

The Direction is entered into force 10 days after the day of its official publication in the Herald of the Bank of Russia.

Registered in the Ministry of Justice of the Russian Federation on September 22, 2004. Reg. No. 6040.

Order of the Federal Service of Tariff Rates No. 43-e/2 of August 24, 2004 on the Endorsement of the Methodology Directions on the Calculation of Tariff Rates for the Services in Organisation of the Functioning of the System of Sales of the Wholesale Market of Electric Power

Defines the main provisions for the calculation of tariff rates for the services in organisation of the functioning of the system of sales of the wholesale market of electric power.

The Methodology Directions are intended for application by the federal body of executive power in charge of the regulation of natural monopolies and by organisations rendering services in organisation of the functioning of the system of sales of the wholesale market of electric power.

Registered in the Ministry of Justice of the Russian Federation on September 21, 2004. Reg. No. 6037.

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