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 17.11.2004

Decision of the Government of the Russian Federation No. 635 of November 15, 2004 on the Endorsement of the Rules of Financing of Expenditure Obligations of the Russian Federation in the Payment of Monetary Compensations to Persons Having Suffered from Repressions in the Form of Detention, Forced Medical Treatment in Psychiatric Clinics Followed by Further Rehabilitation, As Well As Monetary Compensations to the Rehabilitated for the Confiscated, Exacted and Otherwise Withheld from Their Possession Property because of the Repressions

Expenditure obligations of the Russian Federation in the payment of the monetary compensations, including their delivery expenses, are financed from the federal budget. Authorised bodies of executive power of the subjects of the Russian Federation shall submit to the Ministry of Finance of Russia information on the needs in budget allocations to pay out monetary compensations. The budget allocations for the monetary compensations are transferred to the personal accounts opened to the subjects of the Russian Federation in the Federal Treasury bodies.

Decision of the Government of the Russian Federation No. 634 of November 15, 2004 on the Rules of Qualifying the Citizens As the Category of Persons Having Been Exposed to Radiation because of the Nuclear Tests at the Semipalatinsk Test Field

Inclusion of citizens in the category of persons having been exposed to radiation because of the nuclear tests at the Semipalatinsk Test Field with the total (accumulated) effective exposure greater than 5 sSv (roentgen equivalent man) is arranged on the basis of information of their living or military service in 1949-1963 in the exposed residential settlements. The confirmation of the inclusion of citizens in the mentioned category is the uniform type of the certificate issued by the Ministry of Emergency Situations of Russia.

The rules do not apply to the citizens having been included in this category according to the earlier available procedure.

The Decision is entered into force from January 1, 2005.

Decision of the Government of the Russian Federation No. 633 of November 15, 2004 on the Amendments to the Customs Tariff of the Russian Federation Pertaining to Raw Materials for Production of Detergents

Introduces for 9 months the rates of the import customs duties for detergents: water solution with the content of alkylethoxisulphates of 30% by volume or more, however, not greater than 60% by volume, and the content of alkylaminoxides of 5% by volume or more, however, not greater than 15% by volume - in the amount of 5% of the customs cost, for other detergents - in the amount of 15% of the customs cost. Earlier, there was a uniform rate of the customs duty for detergents in the amount of 15% of the customs cost.

The Decision is entered into force 1 months after the day of its official publication.

Decision of the Government of the Russian Federation No. 632 of November 15, 2004 on the Endorsement of the Rate of the Import Customs Duty for Bags and Packets of Paper

Introduces for 9 months the import customs duty for bags and packets of paper (codes according to the Foreign-Trade Commodity Nomenclature of the Russian Federation 4819 30 000 1, 4819 30 000 2 and 4819 40 000 0) in the amount of 12.5%, however, not less than EUR 135 per ton. Earlier, the mentioned commodities were imported duty free.

The Decision is entered into force 1 month after the day of its official publication.

Decision of the Government of the Russian Federation No. 626 of November 12, 2004 on the Governmental Commission for the Complex Development of the Transport System of the Russian Federation

The Governmental Commission for the Complex Development of the Transport System of the Russian Federation is a coordinating body formed to provide for coordinated actions of the interested federal bodies of executive power in the implementation of the state transport policy of the Russian Federation. One of the main tasks of the Commission is development of passenger transportation and satisfying the demand of the population for transportation services corresponding to the growing well-being of the Russian citizens.

Order of the Ministry of Culture and Mass Communication of the Russian Federation No. 60 of September 27, 2004 on the Endorsement of the Regulation on the National Film

Specifies the procedure of obtaining, prolongation and revocation of the certificate of the national film. The certificate is drawn up on the specified blank form provided in the Appendix to the Order. The certificate serves as grounds to get state support envisaged in the legislation of the Russian Federation and is submitted to any organisations for assistance in production and demonstration of the national film.

The issue of the certificate is vested in the Ministry of Culture to be provided within 10 days from the day of submission by the producer or the rights holder of the full packet of documents listed in the Order.

Registered in the Ministry of Justice of the Russian Federation on November 12, 2004. Reg. No. 6116.

Order of the Federal Service for Financial Markets No. 04-830/pz-n of October 29, 2004 on the Invalidation of Item 2 of the Order of the Federal Service for Financial Markets of Russia No. 04-22/pz-n of June 29, 2004 on Some Issues Pertaining to Organisation of Trade and Clearing Activities at the Securities Market

The invalidated Item specified organisational measures for the preparation of invalidation of certain provisions of the Decision of the Federal Commission for Securities Market of Russia No. 03-54/ps of December 26, 2003 on the endorsement of the Regulation on activities in organisation of trade at the securities market.

Registered in the Ministry of Justice of the Russian Federation on November 12, 2004. Reg. No. 6115.

Order of the Federal Antimonopoly Service No. 140 of October 15, 2004 on the Endorsement of the Rules of Processing of Cases of Violation by Credit Organisations of the Antimonopoly Legislation and Other Normative Legal Acts on the Protection of Competition at the Market of Financial Services

Specifies organisational and legal fundamentals of processing of cases by the federal antimonopoly body (territorial body) of the violations by credit organisations of the antimonopoly legislation and other normative legal acts on the protection of competition at the market of financial services. The endorsed rules define the procedure of processing of cases of violation of the antimonopoly legislation by credit organisations at the market of bank services.

Commissions acting on the permanent basis are created to process the cases of violation by credit organisations of the antimonopoly legislation at the federal and regional levels. The grounds for consideration of the cases of violation of the antimonopoly legislation are applications of financial organisations, Bank of Russia, federal bodies of executive power, bodies of executive power of the subjects of the Russian Federation, bodies of local government, citizens, independent entrepreneurs, as well as the prosecutor's relations.

The cases are examined within three months from the day of adoption of the ruling initiating the case of violation of the antimonopoly legislation. The mentioned time limit may be prolonged, however, not more than for six months.

Registered in the Ministry of Justice of the Russian Federation on November 10, 2004. Reg. No. 6111.

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