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 23.09.2005

Order of the Ministry of Emergency Situations of the Russian Federation No. 575 of July 21, 2005 on the Endorsement of the Procedure of Maintenance and Use of Protective Structures of Civil Defence in Peacetime

Specifies the requirements to the maintenance and use of protective structures of civil defence in peacetime. While maintaining the mentioned structures in peacetime, it is prohibited to rearrange them, break hermetic insulation, demount equipment, use flammable construction materials for internal finish, plastering of walls and ceilings, coating with ceramics and other. The Order lists the rooms of various functional destination that may be used as protective civil defence structures. Such rooms may be used as warehouses, garages, public catering, trade and household services facilities. The rooms must be free for use as emergency hideouts within 6 hours.

Registered in the Ministry of Justice of the Russian Federation on September 21, 2005. Reg. No. 7032.

Direction of the Central Bank of Russia No. 1609-U of August 25, 2005 on the Amendments to the Direction of the Bank of Russia No. 1574-U of May 4, 2005 on the Opening of Accounts in the Banks outside the Russian Federation by Resident Natural Persons Being Independent Entrepreneurs and Legal Entities

The requirement of the preliminary registration in the tax bodies at the place of registration of resident independent entrepreneurs and legal entities of accounts opened by them abroad applies to the opening of the deposits for the mentioned persons. The given procedure applies only to the opening of the deposits in the currency of the Russian Federation and in foreign currencies in the countries other than OECD or FATF members, as well as in the currency of the Russian Federation in the OECD and FATF member countries.

The Direction 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 20, 2005. Reg. No. 7031.

Order of the Ministry of Public Health and Social Development of the Russian Federation No. 485 of July 29, 2005 on the Endorsement of the Regulation on the Procedure of Financing of the Measures to Assist Employment of Population and Social Protection of the Unemployed

The chief administrator of resources of the federal budget envisaged for the financial support of obligations of the Russian Federation to assist population employment and social protection of the unemployed is the Federal Service of Labour and Employment, administrators and recipients of resources - territorial bodies of the Federal Service of Labour and Employment, recipients of resources - state institutions of the employment service (employment centres).

The measures to assist population employment are paid through contracts concluded with employers. Unemployment allowances, material aid and stipends are paid out under the contract through the branches (divisions) of the credit organisation or organisations of the federal postal communication on the basis of the lists recipients signed by the authorised persons and certified with the seals of the territorial bodies of the Federal Service of Labour and Employment or employment centres.

Control over the use of the mentioned resources for designated purposes is vested in the Federal Service of Labour and Employment, its territorial bodies and the Federal Service of Financial and Budget Enforcement.

Registered in the Ministry of Justice of the Russian Federation on September 20, 2005. Reg. No. 7029.

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