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 12.05.2005

Decree of the President of the Russian Federation No. 531 of May 8, 2005 on the Military Uniform and Military and Agency Insignia

Endorses the Regulation on the military uniform of the servicemen of the Armed Forces of the Russian Federation, other forces, military formations and bodies, as well as provides their insignia. Essential signs of the military uniform include design and colour of the uniform and munitions, decorative elements of specified colours - braids, trouser stripes, cap-bands, shoulder loops, collar patches, as well as ancillaries of specified types and shoulder straps.

Decision of the Government of the Russian Federation No. 292 of May 7, 2005 on the Indexing in 2005 of the Amounts of Compensations and Other Payments to Citizens Having Been Exposed to Radiation Because of the Disaster at the Chernobyl Nuclear Power Station

From January 1, 2005, amounts of individual compensations and other payments to citizens having been exposed to radiation because of the disaster at the Chernobyl Nuclear Power Station will be indexed using the factor of 1.08 proceeding from the level of inflation specified in the Federal Law on the federal budget for the year 2005. Amounts of compensations and payment are provided.

Decision of the Government of the Russian Federation No. 291 of May 6, 2005 on the Endorsement of the Regulation on the Licensing of Activities of Sale of Electric Power to Citizens

Defines the procedure of licensing of activities of legal entities to sale electric power to citizens, including the complex of measures to provide efficient, uninterrupted and reliable supplies of electric power to the mentioned categories of users.

The licensing is vested in the Federal Service of Ecological, Technological and Nuclear Enforcement. The license is issued for five years. The licensing body may suspend the license if repeated violations of the license requirements and terms by the license holder are revealed.

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

Decision of the Government of the Russian Federation No. 284 of May 4, 2005 on the State Registration of the Results of Scientific Research, Design and Technological Works of Civil Destination

Providing for the state registration of the results of scientific and technical activities shall be obligatory for the federal bodies of executive power, Russian academies of sciences possessing the state status, other organisations financing scientific and technical activities under the state contracts using the estimates of incomes and expenses and at the expense of resources allocated in the form of subventions, as well as for executing organisations engaged in scientific and technical activities and their co-executors. The state registration shall include the keeping of databases of clients and the uniform register of results of scientific and technical activities. The objects of the databases for the registration shall include particular results of scientific and technical activities including, in particular, description of individual particulars of the object of registration permitting to differentiate it from other objects of registration. The keeping of the register shall be vested in the Federal Agen cy for Science and Innovations.

Order of the Federal Service for Financial Markets No. 05-10/pz-n of April 15, 2005 on the Contest for the Choice of the Specialised Depositary to Conclude the Contract for the Services of the Specialised Depositary with the Pension Fund of the Russian Federation and the Contest for the Choice of the Management Companies to Conclude the Contract of Trust Control of Resources of Accumulated Pensions with the Pension Fund of the Russian Federation

Endorses the Regulation on the contest commission to arrange the contest for the choice of the specialised depositary and the contest for the choice of the management companies to conclude the mentioned contracts with the Pension Fund. Also provides the forms of the notification of the arranged contest and applications for participation in the contest.

The Order is entered into force from the day of its official publication.

Registered in the Ministry of Justice of the Russian Federation on May 3, 2005. Reg. No. 6567.

Order of the Ministry of Transport of the Russian Federation No. 24 of March 30, 2005 on the Amendments to the Order of the Ministry of Transport of the Russian Federation No. 110 of October 2, 2000

Amends the procedure of application of the air navigation and airport fees, tariff rates for the servicing of air vessels of operators of the Russian Federation in the airports and air space of the Russian Federation. Specifies that the fee for the air navigation servicing in the vicinity of the airfield and the fee for take-off and landing are collected in the amount of 25% of the actual level only in cases of airfield training of the pilots of operators of the Russian Federation. Earlier, the mentioned fee was collected also for the landing of air vessels on an alternate airfield because of the weather conditions.

Registered in the Ministry of Justice of the Russian Federation on April 29, 2005. Reg. No. 6563.

Order of the Ministry of Economic Development and Trade of the Russian Federation No. 70 of April 5, 2005 on the Endorsement of the Regulation on the Accreditation of Organisations of Technical Registration and Technical Inventory Taking of Objects of Capital Construction by the Federal Agency of Cadastre of Objects of Immovable Property

The endorsed Regulation shall define the procedure of accreditation of organisations of technical registration and technical inventory taking of objects of capital construction.

The accreditation shall be arranged to confirm availability of the necessary material and technical support with the mentioned organisations, as well as to provide guarantees of their responsibility to the interested parties and determine opportunities of arranging technical registration and technical inventory taking of objects of capital contraction.

The Order lists the requirements to organisations to obtain the accreditation, provides the list of the documents to be submitted to the Federal Agency of Cadastre of Objects of Immovable Property. The time limit for examination of the issue of accreditation may not be greater than 20 working days from the day of receiving of all necessary documents.

Organisations earlier accredited with the Federal Agency of Cadastre of Objects of Immovable Property for activities in technical inventory taking of objects of city-planning activities shall provide for the technical inventory taking of objects of capital contraction on the basis of the earlier issued certificates of accreditation while observing the requirements of the Regulation.

Registered in the Ministry of Justice of the Russian Federation on April 28, 2005. Reg. No. 6562.

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