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 19.10.2005

Federal Law No. 130-FZ of October 17, 2005 on the Amendments to Articles 26 and 31 of the Federal Law on the Military Duty and Military Service

According to the amendments, the call-up to the military service for the citizens not being in the reserve includes, in particular, reporting to the military commissariat of the subject of the Russian Federation for travel to the place of service. The Law also refines the duties of the pertinent citizens. The mentioned citizens must stay in the military commissariat of the subject of the Russian Federation before being sent to the place of service.

Decision of the Government of the Russian Federation No. 614 of October 15, 2005 on the Endorsement of the Rules of Spending and Registration of Resources of the Granted Subventions from the Federal Budget to the Budgets of the Subjects of the Russian Federation to Implement the Handed over Authority of the Russian Federation to Provide Housing to Veterans, Invalids and Families with Invalid Children

To implement the measures of social support to provide housing in compliance with the Federal Laws on the veterans and on the social protection of invalids in the Russian Federation to citizens needing improvement of housing conditions having registered before January 1, 2005, defines the procedure of spending and registration of resources to grant federal subventions to the budgets of the subjects of the Russian Federation.

The subventions are transferred by the Federal Agency for Construction and the Housing and Communal Services to the budgets of the subjects of the Russian Federation to the accounts of the territorial bodies of the Federal Treasury. The form and procedure of providing social support to citizens to provide housing shall be specified by the bodies of state power of the subjects of the Russian Federation independently.

The Decision envisages a quarterly submission of reports by the bodies of state power of the subjects of the Russian Federation on the spending of subventions.

Order of the Ministry of Internal Affairs of the Russian Federation No. 716 of September 2, 2005 on the Endorsement of the Typical Regulation on the Department (Section) of Non-Agency Guard Service of the Ministries of Internal Affairs, Directorates of Internal Affairs, Departments of Internal Affairs of the Subjects of the Russian Federation

The typical Regulation on the department (section) of non-agency guard service of the ministries of internal affairs, directorates of internal affairs, departments of internal affairs of the subjects of the Russian Federation envisages that the department (section) heads the structure incorporating departments (sections) of non-agency guard service and line divisions of militia of non-agency guard service. It may include also militia divisions, as well as engineering and service personnel. The department may have attached subordinate to it without inclusion in the payroll: line militia divisions including those specialising in protection of property of natural persons and legal entities during transportation and other structural divisions.

Department (section) is a legal entity, participates in civil and legal relations as a state institution, may act as a plaintiff and defendant in court.

According to the Regulation, the work of the department (section) is arranged on the planned basis, combination of sole command in service activities and collegiate discussion, while specifying personal responsibility of each employee in the designated area and individual missions.

Registered in the Ministry of Justice of the Russian Federation on October 14, 2005. Reg. No. 7072.

Order of the Federal Service for Financial Markets No. 05-35/pz-n of September 13, 2005 on the Endorsement of the Regulation on the Procedure, Time Limit and Form of Submission by Specialised Depositaries, Management Companies, Brokers and Non-State Pension Funds of Reports of Observation in Their Activities of the Requirements of the Codes of Professional Ethics

The mentioned organisations shall submit reports of observation in their activities of the requirements of the codes of professional ethics to the Federal Service for Financial Markets for the reporting period, which is a calendar year from January 1 to December 31.

The reports should be submitted no later than within 45 days after the date of the end of the reporting period. The form of the report and the description of the explanatory note are provided.

Registered in the Ministry of Justice of the Russian Federation on October 14, 2005. Reg. No. 7071.

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