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 5.08.2005

Decision of the Government of the Russian Federation No. 481 of August 2, 2005 On the Procedure for Setting Up Public Councils Under Federal Ministries Controlled By the Government of the Russian Federation, Federal Services and Federal Agencies Accountable to Said Federal Ministries and Also Federal Services and Federal Agencies Controlled by the Government of the Russian Federation

Public councils may be set up by the heads of appropriate federal executive bodies at the proposal of the council of the Public Chamber of the Russian Federation. Members of the public council shall perform their duties on a voluntary basis. The organizational-technical support for the activity of public councils and provision for participation in the work of same of members of the Public chamber of the Russian Federation shall be the competence of federal executive bodies under which the public councils are formed.

Decision of the Government of the Russian Federation No. 479 of August 2, 2005 On the Procedure for Deputing Members of the Public Chamber of the Russian Federation to Participate in the Meetings of Boards of Federal Executive Bodies

The federal bodies of executive power shall be obligated to inform the council of the Public Chamber of the Russian Federation in good time of the day, time and place for holding and of the agenda of the meeting of the board. The council shall notify of its participation in the meeting of the board of the federal executive body not later than 5 (five) days prior to holding a meeting of the board.

Decision of the Government of the Russian Federation No. 478 of August 2, 2005 On Ensuring the Activity of Exercising State Control Over the Quality and Safety of Grain, Mixed Feed and Components for Production of Same and Also of By-Products of Grain Processing

As from November 1, 2005 the activity involved in confirming compliance of the quality and safety of grain, mixed feed and components for production of same and also of by-products of grain processing with the specified requirements, including issuance of certificates of quality and safety for said products shall be conducted by certification bodies and test laboratories (centers) accredited with Rosselkhoznadzor.

It lists Federal State Departments (FGU) under the competence of Rosselkhoznadzor to be liquidated.

Order of the Ministry of Education of the Russian Federation No. 137 of May 6, 2005 On Using Distance Education Technologies

It lays down rules on using distance education technologies by educational institutions in realizing basic and/or additional educational programs of primary general, basic general, secondary (complete) general and professional education. Said technologies shall be basically implemented through the application of information and telecommunication technologies in indirect (at a distance) or not fully indirect interaction between the student and the teacher.

An educational institution shall on its own lay down the procedure for and forms of access to the information resources used by the institution in realizing educational programs by using distance education technologies.

Registered with the Ministry of Justice of the Russian Federation on August 2, 2005. Registration No. 6862.

Directive of the Central Bank of Russia No. 1594-U of July 14, 2005 On the List, Forms and Procedure of Preparation and Submission of Financial Statements of To-Be-Liquidated Credit Institutions to the Central Bank of Russia

It specifies forms of financial statements and also the specificity of preparation and submission of same by to-be-liquidated credit institutions. The financial statements of to-be-liquidated credit institutions shall be signed by the chairperson of the liquidation commission, an administrator in bankruptcy (liquidator) and, in case when the powers of the administrator in bankruptcy (liquidator) are exercised by the Agency for Deposits Insurance, by a representative of the Agency and shall be affixed with a seal.

To-be-liquidated credit institutions shall be obligated to present six monthly forms of financial statements, viz. 0409357, 0409358, 0409359, 0409360, 0409361, 0409362.

The directive shall take effect and shall be applicable in preparing and presenting financial statements from October 1, 2005.

Registered with the Ministry of Justice of the Russian Federation on August 2, 2005. Registration No. 6861.

Order of the Ministry For Regional Development of the Russian Federation No. 63 of June 30, 2005 On the Average Market Value of One Sq. Meter of the Aggregate Floor Area For the 3rd Quarter of 2005 and the Norm of the Value of One Sq. Meter of the Aggregate Floor Area for the 2nd Half of 2005

It sets amounts of the average market value of one sq. meter of the aggregate floor area to be used in assessing amounts of uncompensated subsidies to be allotted to all categories of citizens who shall be granted said subsidies by using the funds of the federal budget to purchase living premises for the 3rd quarter of 2005.

The norm of the value of one sq. meter of the aggregate floor area across the Russian Federation during the 2nd half of 2005 shall be fixed at 11 550 Rubles.

Registered with the Ministry of Justice of the Russian Federation on August 2, 2005. Registration No. 6859.

Order of the Ministry of Internal Affairs of the Russian Federation, Ministry of Industry and Power Engineering of the Russian Federation and Ministry for Economic Development and Trade of the Russian Federation No. 496/192/134 of June 23, 2005 On the Approval of Regulations On Passports of Transport Vehicles and Passports of Chassis of Transport Vehicles

Passports of transport vehicles and passports of chassis of transport vehicles are designed to regulate the access of transport vehicles as participants in road traffic, to strengthen the efforts against hijacking of same and other offences against the law at automobile transport and also to improve the efficiency of control over making customs payments in case of importation of same into the Russian Federation.

Just as before, passports shall be issued for fully complete motor transport vehicles with the working engine capacity of 50 cubic cm and more and the maximum design speed of 50 km per hour and more, for trailers thereto to be registered with GIBDD (the State Automobile Inspection) and for chassis of transport vehicles not included as part of a transport vehicle.

In case of initial registration with subdivisions of the State Automobile Inspection of transport vehicles whose passports were issued by customs authorities, owners or holders of transport vehicles, it is required to present, along with the passport, its copy (X-copy), a copy (X-copy) of the customs declaration and given the fact of payment by an individual of customs payments - a customs receipt order stated in the passport and its copy (X-copy).

The copy (x-copy) of the customs declaration shall indicate the date when it was made and bear a note to the effect that the authentic declaration is kept either by legal person or individual entrepreneur who were issued passports by the customs body.

It indicates the specificity of execution of passports by customs agencies.

It gives latest samples of forms of passports of a transport vehicle and chassis of transport vehicle.

Registered with the Ministry of Justice of the Russian Federation on July 29, 2005. Registration No. 6842.

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