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 17.03.2005

Decision of the Government of the Russian Federation No. 128 of March 16, 2005 on the Amendment to Appendix 3 to the Decision of the Government of the Russian Federation No. 482 of September 17, 2004

The list of officials whose service vehicles are outfitted with special state registration plates shall include also the Chairman of the Interagency Commission for the Protection of the State Secret, Director of the Federal Service of Export and Technical Control of Russia.

Order of the Government of the Russian Federation No. 277-r of March 15, 2005

Approves the concept of creation of the state system of making, drawing up and control of passport and visa documents of new generation defining the legal, social, organisational-and-technical and financial-and-economic fundamentals for introduction in the Russian Federation of the passport and visa documents containing biometric information of their holders.

The new generation passport and visa documents include the documents identifying the citizens of the Russian Federation abroad, entry visas, residence permits issued to foreign citizens or stateless persons, as well as travel documents to refugees.

Direction of the Central Bank of Russia No. 1562-U of March 11, 2005 on the Amendments to the Direction of the Bank of Russia No. 1376-U of January 16, 2004 on the List, Forms and Procedure of Drawing up and Submission of the Forms of Reports of Credit Organisations to the Central Bank of the Russian Federation

Endorsed the new Reporting Form 0409909 "Information on the Accounts Opened to the Federal Institutions in Credit Organisations (Their Branches) to Register Operations with Resources from Entrepreneurial and Other Profitable Activities" and its drawing up procedure.

Credit organisations (their branches) shall draw up and submit to the territorial institutions of the Bank of Russia reports drawn up to Form 0409909 on the quarterly basis as of the 1st of the month following the reported quarter.

The report includes information on the accounts opened for the federal institutions on the Balance Account 40503 "Accounts of the Federally Owned Organisations. Non-Commercial Organisations" to register operations with resources from entrepreneurial and other profitable activities in the currency of the Russian Federation and foreign currencies.

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

Registration pending in the Ministry of Justice of the Russian Federation.

Direction of the Central Bank of Russia No. 1561-U of March 11, 2005 on the Amendments to the Direction of the Bank of Russia No. 1375-U of January 16, 2004 on the Rules of Drawing up and Submission of Reports by Credit Organisations to the Central Bank of the Russian Federation

The amendments specify that the time limits for submission of reports are extended by the number of non-working holidays if they are defined in calendar days, and are not extended if they are defined as a fixed date (day of the month).

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

Registration pending in the Ministry of Justice of the Russian Federation.

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