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 15.06.2005

Decision of the Government of the Russian Federation No. 376 of June 14, 2005 on the Amendments to the Regulation on the Licensing of Activities in Development, Production, Sale and Purchase for Sale by Independent Entrepreneurs and Legal Entities Engaged in Entrepreneurial Activities of Special Technical Means Intended for Covert Obtaining of Information

Makes more stringent license requirements and terms of activities in development, production, sale and purchase for sale of special technical means. Thus, to carry out such activities, independent entrepreneurs and legal entities must have requirement specifications for development of special means endorsed by the bodies carrying out operative investigation work and contracts for their production. Access to information on the special means and technical documentation on them is permitted only with the written request of the body carrying out operative investigation work or authorised license holder after coordinating opportunities of providing access with the federal body of executive power having ordered the development of the special means.

Decision of the Government of the Russian Federation No. 373 of June 10, 2005 on the Amendments to the Rules of Reimbursement from the Federal Budget of the Part of Expenses to Pay the Interest under Credits Obtained by Organisations of the Fuel and Power-Supply Complex in Russian Credit Organisations Endorsed by the Decision of the Government of the Russian Federation No. 481 of June 23, 2001

Subsidies are provided to organisations of the fuel and power-supply complex in the amount of 2/3 of the suffered expenses to pay the interest, however, not more than 2/3 of the rate of refinancing of the Bank of Russia as of the date of obtaining the credit. The amendments also bring individual provisions of the rules in compliance with the structure of the bodies of state power endorsed by the Decree of the President of the Russian Federation No. 649 of May 20, 2004.

Decision of the Government of the Russian Federation No. 367 of June 10, 2005 on the Keeping of the Foreign Trade Commodity Nomenclatures

The functions of keeping of the Foreign Trade Commodity Nomenclature of the Russian Federation and taking decisions to classify the commodities in compliance with it are vested in the Federal Customs Service of Russia.

Order of the Ministry of Public Health and Social Development of the Russian Federation No. 330 of May 13, 2005 on the List of Positions of Medical and Pharmacy Workers, As Well As Organisations and Institutions, Entitled to Sale Narcotic Drugs and Psychotropic Substances to Natural Persons

The sale of narcotic drugs and psychotropic substances to natural persons is permitted to the head of the apothecary organisation, head of section of the apothecary organisation, their deputies, as well as the pharmacist of the apothecary organisation.

Registered in the Ministry of Justice of the Russian Federation on June 10, 2005. Reg. No. 6711.

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