Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 25.10.2005

Decision of the Government of the Russian Federation No. 629 of October 19, 2005 on the Amendments to the Regulation on the State Fire Enforcement Endorsed by the Decision of the Government of the Russian Federation No. 820 of December 21, 2004

The state fire inspectors are empowered with the right of a temporary suspension, before the court ruling, of activities of branches, representations, structural divisions of a legal entity if it is necessary for the prevention of a direct fire hazard or danger to life and health of people, and if prevention of the mentioned circumstances otherwise is not possible.

Decision of the Government of the Russian Federation No. 627 of October 19, 2005 on the State Regulation of Prices for the Services of Connection and Traffic Transfer Rendered by Operators Occupying a Major Position in a Public-Use Communication Network

From January 1, 2006, introduces the rules of state regulation of prices for the services of connection and traffic transfer rendered by operators occupying a major position in a public-use communication network. Lists the services rendered by such operators and the prices subject to the state regulation.

Until January 1, 2008, there will be a transient period within which the price for the services of the local, as well as the regional, call initiation intended to establish an intraregional, intercity or international telephone connection includes a compensation mark-up. The amount of the compensation mark-up is specified by the Federal Service for Tariff Rates of Russia taking into account the amount of resources allocated by the communication operator to cover the difference between the incomes from the services of intraregional telephone communication, local telephone communication with regulated tariff rates and economically substantiated expenses for the rendering of such services, as well as taking into account the normative profit.

Order of the Government of the Russian Federation No. 1707-r of October 17, 2005

Endorses the concept of the federal tied program "Improvement of Traffic Safety in the Years 2006-2012". The goal of the program is reduction of the death rate in highway accidents 1.5 times in 2012 as compared to 2004.

Implementation of the program is expected to occur within 7 years (2006-2012) in two stages.

Stage one (2006-2007) includes measures to create a system of information campaigns for the population to form a negative attitude to violations in highway traffic, develop a system of training of candidate drivers, implement pilot projects to replace traffic patrol stations with automatic control systems and use helicopters to speed up arrival to the places of accidents, as well as other measures.

The second stage is scheduled for the years 2008-2012.

The state coordinator of the program is the Ministry of Internal Affairs of Russia, other state orderers - Ministry of Emergency Situations of Russia, Federal Agency of Public Health and Social Development, Federal Agency of Education and the Federal Highway Agency. The maximum (forecasted) volume of financing of the program from the federal budget makes Rbl 21,630 million.

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