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 6.05.2006

Federal Law No. 63-FZ of May 4, 2006 on the Ratification of the Agreement between the Government of the Russian Federation and the Commonwealth of Independent States on the Terms of Stay on the Territory of the Russian Federation of the Antiterrorist Centre of the Member-States of the Commonwealth of Independent States and the Protocol on the Amendments to the Agreement between the Government of the Russian Federation and the Commonwealth of Independent States on the Terms of Stay on the Territory of the Russian Federation of the Antiterrorist Centre of the Member-States of the Commonwealth of Independent States of October 21, 2003

Ratifies the Agreement between the Government of the Russian Federation and the Commonwealth of Independent States on the terms of stay on the territory of the Russian Federation of the Antiterrorist Centre of the Member-Sates of the Commonwealth of Independent States signed in the city of Moscow on October 21, 2003 and the Protocol on the amendments to the mentioned Agreement signed in Moscow on June 9, 2005.

The given Agreement creates a long-term legal basis for the stay of the Antiterrorist Centre of the Commonwealth of Independent States on the territory of the Russian Federation. It defines the legal status of the Antiterrorist Centre of the Commonwealth of Independent States and its employees, procedure of interaction of the Centre with the bodies of power of the Russian Federation.

The Protocol is an additional document singed for the purpose of correction and coordination of the provisions of the Agreement pertaining to interests of the plenipotentiary representatives of the Commonwealth member-states attached to the Antiterrorist Centre of the Commonwealth of Independent States that undergo service and enjoying material support in the competent bodies of their states.

Federal Law No. 62-FZ of May 4, 2006 on the Amendment to Article 6 of the Federal Law on Natural Monopolies

The Federal Law No. 147-FZ of August 17, 1995 on natural monopolies introduces equal access for extracting organisations to the system of Russian arterial pipelines and terminals in sea ports when exporting oil outside the customs territory of the Russian Federation. However, the reference to the terminals in sea ports removes from operative records oil supplies carried out through other terminals (railway, river, the ones at oil refineries).

The amendment excludes the mentioned restriction and applies state control to all types of oil export.

Federal Law No. 61-FZ of May 4, 2006 on the Amendments to the Federal Law on the Military Duty and Military Service and the Federal Law on the Status of Servicemen

Refines the terminology of Subitem "a" of Item 2 of Article 23 and Item 9 of Article 38 of the Federal Law on the military duty and military service, as well as Item 8 of Article 11 and Item 8 of Article 15 of the Federal Law on the status of servicemen pertaining to the names of scientific grades and scientific titles.

The mentioned terminology is being brought in compliance with Item 5 of Article 47 of the Federal Law on the military duty and military service (in the wording of the Federal Law No. 149-FZ of December 2, 2005).

Decision of the Government of the Russian Federation No. 258 of April 29, 2006 on the Subventions for the Implementation of the Authority of Initial Registration for Military Purposes on the Territories Lacking Military Commissariats

Distributes in 2006 among the budgets of the subjects of the Russian Federation subventions from the Federal Fund of Compensations for the implementation of the authority of initial registration for military purposes on the territories lacking military commissariats for the total amount of Rbl 1 bn. Endorses the method of distribution of subventions, as well as specifies the procedure of their spending and record keeping.

The subventions are allocated to finance expenses to implement the authority of initial registration for military purposes on the territories lacking military commissariats handed over from the Russian Federation to the bodies of local government of residential settlements and bodies of local government of urban districts.

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