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 7.09.2005

Decision of the Government of the Russian Federation No. 552 of September 3, 2005 on the Endorsement of the Regulation on the Plenipotentiary Representative of the Russian Federation to the Joint Working Commission of the Member-States of the Agreement on Cooperation for Prevention of Intellectual Property Rights Infringements

The plenipotentiary representative of the Russian Federation to the Joint Working Commission of the member-states of the Agreement on cooperation for prevention of intellectual property rights infringements shall be the person representing the interests of the Russian Federation in the commission.

The plenipotentiary representative of the Russian Federation shall be assigned and dismissed from the duties of the plenipotentiary representative by the Government of the Russian Federation at the presentation of the federal body of executive power in charge of the normative and legal regulation in the sphere of intellectual property upon coordination with the designated bodies of the Russian Federation.

The Decision defines the rights and duties of the plenipotentiary representative.

Order of the Ministry of Information Technologies and Communication of the Russian Federation No. 102 of August 29, 2005 on the Endorsement of the Rules of Use of the Terminal Equipment Connected to the Two-Wire Analogue Interface of the Public-Use Telephone Communication Network

Specifies the requirements to the terminal equipment intended for use in a public-use communication network, technological communication networks and special-purpose networks if they are connected to a public-use communication network.

Terminal equipment is connected to a public-use telephone communication network directly or through a user-access network using a two-wire physical circuit.

The Decision defines the lists of the means of communication covered and exempted from the rules.

Defines the requirements to the parameters of the interface and interaction with the public-use telephone communication network, as well as additional requirements to the terminal equipment with a telephone handset fulfilling the functions of the analogue telephone, to the terminal equipment without the telephone handset fulfilling the speakerphone function, to the terminal equipment fulfilling the function of a wireless telephone using the DECT radio technology, to the terminal equipment fulfilling the function of the analogue wireless telephone of the 30-41 MHz range, to the data transfer terminal equipment, to the terminal equipment working from an AC mains supply with the nominal voltage of 220V, 50 Hz frequency.

Registered in the Ministry of Justice of the Russian Federation on September 2, 2005. Reg. No. 6982.

Regulation of the Central Bank of Russia No. 275-P of August 11, 2005 on the Procedure for Issue of the License for Bank Operations by the Bank of Russia to a Credit Organisation When Its Bankruptcy Proceedings Have Been Terminated Because of the Redemption of Its Liabilities to the Founders (Participants) or a Third Party (Parties)

Defines the terms to be observed to permit the Bank of Russia to issue the license for bank operations to the credit organisation.

Specifies the list of the documents to be submitted by the credit organisation to get the license for bank operations, as well as their processing procedure.

If the Bank of Russia does not take the decision to issue such license within one month after the day of receiving of the application of the credit organisation for bank operations, or decides to refuse to issue the license, the credit organisation must be liquidated.

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

Registered in the Ministry of Justice of the Russian Federation on September 2, 2005. Reg. No. 6974.

Order of the Ministry of Public Health and Social Development of the Russian Federation No. 494 of August 9, 2005 on the Procedure of Use of Life-Saving Medicines with Patients

Specifies that control of the quality, efficiency, safety and procedure of use of life-saving medicines is vested in the Federal Service of Enforcement in the Sphere of Public Health and Social Development.

If it is necessary to use a medicine not registered on the territory of the Russian Federation, decision to prescribe the mentioned preparation is taken by the board of doctors of the specialised federal medical organisation, is drawn up as a protocol and is signed by the chief physician or director of the specialised federal medical organisation.

Before beginning to use the medicine, the doctor in charge must inform the patient of the medicine, of the expected efficiency of the suggested treatment, of the safety of the medicine, the level of risk for the patient, as well as of the actions in cases of unexpected effects of the medicine on the health condition.

Medicines not permitted for use but pending authorisation according to established procedure may be used to cure the patient only after obtaining his voluntary written consent, and in the case of treating the underage in the presence of a direct danger to their life - also with the written consent of their legal representatives.

Registered in the Ministry of Justice of the Russian Federation on September 2, 2005. Reg. No. 6972.

Order of the Ministry of Finance of the Russian Federation No. 100n of August 8, 2005 on the Endorsement of the Rules of Placing of Resources of Insurance Reserves by Insurers

Specifies the requirements to the composition and structure of assets accepted as a coverage (security) for the insurance reserves. The rules do not apply to the composition and structure of assets accepted as a coverage (security) of insurance reserves accumulated in obligatory medical insurance.

Specifies that control over observation by insurers of the requirements specified in the rules is vested in the Federal Service of Insurance Enforcement.

Specifies the types of assets accepted as a coverage for the insurance reserves, as well as the requirements to the assets and the structure of the assets.

Insurers must bring before June 30, 2006 the assets accepted as a coverage of insurance reserves in compliance with the requirements specified in the rules.

The Order specifies the correlations for the total value of the share of re-insurers in the insurance reserves for the period until December 31, 2006.

Registered in the Ministry of Justice of the Russian Federation on August 30, 2005. Reg. No. 6968.

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