Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 29.06.2007

Order of the Ministry of Foreign Affairs of the Russian Federation and the Ministry of Finance of the Russian Federation No. 6499/41n of May 8, 2007 on the Endorsement of the List of Foreign States Whose Representations Enjoy on the Basis of Reciprocity the 0% Rate of the Value Added Tax for the Sale of Commodities (Carrying out Works, Rendering Services) for Official Use by Foreign Diplomatic Representations and the Ones of Similar Status or for Personal Use by Diplomatic and Administrative-and-Technical Personnel of These Representations Including Their Family Members Living Together with Them

The sale of commodities (carrying out works, rendering services) for official use by diplomatic representations of foreign states and the ones of similar status or for personal use by the diplomatic and administrative-and-technical personnel of these representations, including their family members living together with them, is subject to the value added tax at the rate of 0% on the basis of reciprocity, the appropriate state being included in the list defined by the Ministry of Foreign Affairs of Russia together with the Ministry of Finance of Russia.
      Registered in the Ministry of Justice of the Russian Federation on May 28, 2007. Reg. No. 9564.

Order of the Federal Tax Service No. MM-3-06/333@ of May 30, 2007 on the Endorsement of the Concept of the System of Planning of On-Site Tax Checks

The main and most efficient form of tax control today is on-site tax checks permitting to solve a number of tasks simultaneously, the most important being revealing and stopping violations of the legislation on taxes and fees, as well as prevention of tax violations.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-03-06/2/92 of May 25, 2007

Explains the procedure of registration of expenses in the form of insurance contributions for obligatory insurance of deposits of natural persons in the banks of the Russian Federation.

Decision of the Government of the Russian Federation No. 334 of May 30, 2007 on the Amounts of Assets of Financial Organisations (Except for Credit Organisations) and the Aggregate Share of Financial Organisations (Except for Credit Organisations) at the Commodity Market for the Purpose of Antimonopoly Control

For the purposes of antimonopoly control, introduces amounts of assets of financial organisations requiring a preliminary consent of the antimonopoly body for the transactions envisaged in the Federal Law on the protection of competition.
      Decision of the Government of the Russian Federation No. 194 of March 7, 2000 on the terms of antimonopoly control at the market of financial services and on the endorsement of the method of determination of turnovers and margins of the market of financial services of financial organisations is invalidated.

Decision of the Government of the Russian Federation No. 324 of May 28, 2007 on the Lease Contract for the Forest Part in the State or Municipal Property

According to the new Forestry Code of the Russian Federation, parts of forests available in the state or municipal property may be leased by legal entities and citizens. The Decision defines the procedure of preparation and conclusion of the lease contract for the forest part available in the state or municipal property.
      Regulation on the leasing of parts of the forest fund endorsed by the Decision of the Government of the Russian Federation No. 345 of March 24, 1998 is invalidated.

Decision of the Government of the Russian Federation No. 325 of May 28, 2007 on the Endorsement of the Form of Proposal to Create an Autonomous Institution by Changing the Type of the Existing State or Municipal Institution

The Federal Law has entered into force from January 8, 2007 defining the legal status of state (municipal) institutions of the new type - autonomous institutions.

Decision of the Government of the Russian Federation No. 333 of May 28, 2007 on the Improvement of the State Regulation of Prices for Gas

The amendments provide for a stepwise equalisation of profitability of supplies of gas at the internal and the foreign markets.

Order of the Federal Service for Financial Markets No. 07-8/pz-n of January 30, 2007 on the Endorsement of the Administrative Regulation on the Execution by the Federal Service for Financial Markets of the State Function of the State Registration of the Issue (Additional Issue) of Emission Securities, Registration of Amendments to the Decision on the Issue (Additional Issue) and/or Prospectus of Securities, State Registration of the Report of the Results of Issue (Additional Issue) of Emission Securities, Registration of Prospectus of Securities

Endorses the Administrative Regulation defining the time limits and sequence of actions (administrative procedures) of the Federal Service for Financial Markets of Russia, its territorial bodies and structural divisions, procedure of interaction of its structural divisions and officials in the course of execution of the state function of state registration of the issue (additional issue) of emission securities, registration of amendments to the decision on the issue (additional issue) and/or prospectus of securities, state registration of the report of the results of issue (additional issue) of emission securities, registration of prospectus of securities.
      Registered in the Ministry of Justice of the Russian Federation on May 28, 2007. Reg. 9558.

Federal Constitutional Law No. 4-FKZ of June 2, 2007 on the Amendment to Article 9 of the Federal Constitutional Law on the Forming of the New Subject of the Russian Federation As a Result of the Merger of the Irkutsk Province and the Ust-Ordynsk Buryat Autonomous District

Forms a new subject of the Russian Federation from January 1, 2008 - the Irkutsk Province - in compliance with the Federal Constitutional Law No. 6-FKZ of December 30, 2006 as a result of the merger of the two bordering subjects of the Russian Federation - the Irkutsk Province and the Ust-Ordynsk Buryat Autonomous District.
      The Federal Constitutional Law is entered into force from the day of its official publication.

Federal Law No. 86-FZ of June 2, 2007 on the Amendments to Article 24 of the Federal Law on the Retail Trade Market-Places and on the Amendments to the Labour Code of the Russian Federation

Until January 1, 2009, citizens that have auxiliary farming facilities and engaged in gardening, animal breeding will get trading stalls in all retail trade market-places according to the simplified procedure specified by the body of state power of the subject of the Russian Federation.
      The Federal Law is entered into force from the day of its official publication.

Order of the Federal Customs Service No. 536 of April 25, 2007 on the Endorsement of the List of Documents and Information Necessary for the Customs Registration of Commodities under the Chosen Customs Regime

Pursuant to the reorganisation of the State Customs Committee of Russia into the Federal Customs Service of Russia and handing over to it of the function of the Ministry of Economic Development of Russia of working out of the state policy and the normative and legal regulation in the customs sphere, endorses a new list of documents and information necessary for the customs registration of commodities under the chosen customs regime. The earlier available list endorsed by the Order of the State Customs Committee of Russia No. 1022 of September 16, 2003 (with subsequent amendments) is invalidated.
      Registered in the Ministry of Justice of the Russian Federation on June 1, 2007. Reg. No. 9585.

Order of the Ministry of Finance of the Russian Federation No. 39n of May 2, 2007 on the Endorsement of the Instruction on the Procedure for the Federal Service of Financial and Budget Enforcement to Carry out Revisions and Checks

Endorses the Instruction specifying the procedure for the Federal Service of Financial and Budget Enforcement to implement financial control directly or through its territorial bodies over the use of resources of the federal budget, resources of the state extra-budgetary funds, as well as material values available in the federal property, by carrying out revisions and checks.
      Registered in the Ministry of Justice of the Russian Federation on June 1, 2007. Reg. No. 9584.

Decision of the Government of the Russian Federation No. 337 of May 31, 2007 on the Procedure of Determination of the Types of Specially Valuable Movable Property of the Autonomous Institution

Specifies the procedure of determination of the types of specially valuable movable property handed over to the autonomous institution they may not dispose of without approval of the founder.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-05-06-01/42 of May 14, 2007

Explains the issue of the deadlines of transfer of advance payments for the property tax from organisations.

Letter of the Ministry of Regional Development of the Russian Federation No. 8167-YuT/07 of May 2, 2007 on the Transfer of Payment for the Dwelling Space and Communal Services

Explains the procedure of transfer of payment for the dwelling space and communal services.

Federal Law No. 87-FZ of June 5, 2007 on the Amendments to the Code of Criminal Procedures of the Russian Federation and the Federal Law on the Prosecutor's Office of the Russian Federation

The Investigation Committee is created under the auspices of the Prosecutor's Office of the Russian Federation with the functions of preliminary investigation in criminal cases.

Order of the Federal Registration Service No. 60 of April 25, 2007 on the Endorsement of the Specimens of Documents Necessary for the State Registration of a Political Party and Its Regional Division

Endorses new specimens of some documents necessary for the state registration of a political party created by its founding congress or by reorganisation of an all-Russia public organisation or an all-Russia public movement into a political party, as well as for the state registration of the regional division of the political party.
      Registered in the Ministry of Justice of the Russian Federation on June 5, 2007. Reg. No. 9600.

Order of the Ministry of Natural Resources of the Russian Federation No. 124 of May 10, 2007 on the Endorsement of the Rules of Use of Forests for Agricultural Purposes

The Forestry Code of the Russian Federation permits to use forests (except for the green zones and forest parks) for agricultural purposes (haymaking, animal grazing, apiculture, plant growing and other agricultural activities).
      Registered in the Ministry of Justice of the Russian Federation on June 5, 2007. Reg. No. 9593.

Direction of the Central Bank of Russia No. 1827-U of May 14, 2007 on the Amendments to the Regulation of the Bank of Russia No. 255-P of March 29, 2004 on the Obligatory Reserves of Credit Organisations

Pursuant to the introduction of amendments to the Chart of Accounts of credit organisations, adjusts the Regulation of the Bank of Russia No. 255-P of March 29, 2004 on the obligatory reserves of credit organisations.
      The Direction is entered into force from July 1, 2007 and applies beginning with the estimate of obligatory reserves for the reporting period from July 1, 2007 through August 1, 2007.
      Registered in the Ministry of Justice of the Russian Federation on June 5, 2007. Reg. No. 9587.

Federal Law No. 91-FZ of June 6, 2007 on the Amendments to Articles 103 and 141 of the Code of Criminal Execution of the Russian Federation and the Law of the Russian Federation on the Institutions and Bodies Executing Criminal Punishments in the Form of Detention

The Law implies a reorientation of the proceedings of the criminal execution system to provide assistance to convicts in social adoption.

Federal Law No. 90-FZ of June 6, 2007 on the Amendments to the Code of Criminal Procedures of the Russian Federation

The Federal Law provides for a further improvement of the legislation on criminal procedures where it pertains to the issues of preliminary investigation.

Federal Law No. 89-FZ of June 6, 2007 on the Amendments to the Federal Law on the State Dactylographic Registration in the Russian Federation

The amendments remove legal inconsistencies in the Federal Law on the state dactylographic registration in the Russian Federation and the Federal Law on the foreign intelligence service.

Federal Law No. 88-FZ of June 6, 2007 on the Amendments to Article 177 of the Customs Code of the Russian Federation

According to Item 1 of Article 177 of the Customs Code of the Russian Federation, the time of processing of commodities on the customs territory is specified by the applicant in coordination with the customs body and may not be greater than 2 years. The amendments permit the Government of the Russian Federation to specify in addition the procedure of processing of commodities in excess of 2 years.
      The Federal Law is entered into force no sooner than one month after the day of official publication.

Order of the Ministry of Economic Development No. 131 of April 23, 2007 on the Endorsement of the Administrative Regulation of the Federal Agency for the Management of Special Economic Zones on the Rendered State Service of Organisation of Issue of Permissions for Construction, As Well As Obtaining Technical Specifications for Connection to Engineering and Technical Support Networks and Handing over of These Specifications and Permissions for Construction to Independent Entrepreneurs, Legal Entities Engaged in Construction or Reconstruction

Endorses the Administrative Regulation of the Federal Agency for the Management of Special Economic Zones on the rendered state service including the following administrative procedures: obtaining technical specifications for connection to engineering and technical support networks and handing over of these specifications to independent entrepreneurs, legal entities engaged in construction or reconstruction, as well as organisation of issue of the permission for construction.
      Registered in the Ministry of Justice of the Russian Federation on May 29, 2007. Reg. No. 9573.

Decision of the Government of the Russian Federation No. 353 of June 6, 2007 "Issues of the Federal Service of Enforcement in the Sphere of Communication and Protection of Cultural Heritage"

Specifies the sphere of reference and procedure of work of the Federal Service of Enforcement in the Sphere of Communication and Protection of Cultural Heritage newly created as a result of the reorganisation of the Federal Service of Enforcement of Observation of Legislation in the Sphere of Mass Communication and Protection of Cultural Heritage and the Federal Service of Enforcement in the Sphere of Communication in pursuance of the Decree of the President of the Russian Federation No. 320 of March 12, 2007.

Decision of the Government of the Russian Federation No. 342 of June 4, 2007 on the Amendments to the Methodology Recommendations for the Determination of the Consumer Basket for the Main Socio-Demographic Groups of Population for the Whole of the Russian Federation and the Subjects of the Russian Federation

The Methodology Recommendations for the determination of the consumer basket for the main socio-demographic groups of population for the whole of the Russian Federation and the subjects of the Russian Federation are being brought in compliance with the Federal Law on the consumer basket for the whole of the Russian Federation No. 44-FZ of March 31, 2006.

Order of the Ministry of Defence of the Russian Federation No. 181 of May 8, 2007 on the Declassification of the Archive Documents of the Red Army and the Navy for the Period of the Great Patriotic War of 1941-1945

Declassifies archive documents of the Red Army and the Navy for the period of the Great Patriotic War of 1941-1945.
      Registered in the Ministry of Justice of the Russian Federation on June 5, 2007. Reg. No. 9589.

Decision of the Chief State Sanitary Physician of the Russian Federation No. 27 of May 11, 2007 on the Implementation of the International Medical and Sanitary Rules (2005)

The new wording of the International Medical and Sanitary Rules comes into force in June 2007 envisaging adoption of protective and control measures to prevent emergency situations of international significance in the sphere of public health.
      Registered in the Ministry of Justice of the Russian Federation on May 31, 2007. Reg. No. 9575.

Decision of the Plenum of the Supreme Court of the Russian Federation No. 27 of May 31, 2007 on the Practice of Processing by the Courts of the Cases Challenging the Decisions of the Qualification Boards of Judges Calling to Account with Disciplinary Action the Courts of General Jurisdiction

According to Article 12.1 of the Law of the Russian Federation on the status of judges in the Russian Federation, a misdemeanour implying a disciplinary action in the form of a warning or an early termination of the authority of the judge is not only a violation of the norms of the mentioned Law and the provisions of the Code of Judges' Ethic, but also a violation of the commonly accepted moral norms, duties in the course of execution of justice, rules of conduct in the course of execution of other service duties and non-service activities.

Decision of the Government of the Russian Federation No. 359 of June 9, 2007 on the Endorsement of the Terms of Qualifying the Dominating Position of the Financial Organisation (Except for the Credit Organisation) and the Rules of Determination of the Dominating Position of the Financial Organisation (Except for the Credit Organisation)

The dominating position of the financial organisation at the commodity market is the one permitting the given organisation to exert a decisive influence on the general terms of circulation of the appropriate financial service at the appropriate market and/or remove other economic subjects from the commodity market and/or impede access to the commodity market for them.
      The dominating position at the commodity market of several financial organisations forming a group of entities operating within the boundaries of the commodity market is qualified for the group in aggregate.

Decision of the Government of the Russian Federation No. 354 of June 6, 2007 on the Endorsement of the Regulation on the Federal Service of Enforcement in the Sphere of Communication and Protection of Cultural Heritage

Endorses the Regulation defining the sphere of reference and the organisation of work of the Federal Service of Enforcement in the Sphere of Communication and Protection of Cultural Heritage created as a result of the reorganisation of the Federal Service of Enforcement of Observation of Legislation in the Sphere of Mass Communication and Protection of Cultural Heritage and the Federal Service of Enforcement in the Sphere of Communication.

Decision of the Government of the Russian Federation No. 352 of June 6, 2007 on the Measures to Implement the Federal Law on the Combating of Terrorism

Endorses three Regulations defining the procedure of use by the Armed Forces of the Russian Federation of arms and military equipment to remove the threat or stop a terrorist act in the air, in the internal waters, in the territorial sea, on the continental shelf of the Russian Federation, under the water, as well as in the course of antiterrorism operations.

Decision of the Government of the Russian Federation No. 351 of June 6, 2007 on the Amendments to the Regulation on the Federal Tax Service Endorsed by the Decision of the Government of the Russian Federation No. 506 of September 30, 2004

There is a new wording of the norms of Part I of the Tax Code of the Russian Federation being in effect from January 1, 2007 that defines the rights and duties of the tax bodies, procedure of payment of taxes and fees, the rules of tax checks, duties of the banks pertaining to registration of taxpayers and a number of other norms.

Letter of the Central Bank of Russia No. 78-T of June 1, 2007 on the Application of Item 5.1 of the Regulation of the Bank of Russia No. 254-P of March 26, 2004 on the Procedure for Credit Organisations to Form Reserves for Possible Losses in Loans, Debts in Loans and Similar Debts

Explains some issues of the procedure of calculation of the efficient percent rate for the purposes of the reserve for the portfolio of similar loans, as well as of conveying it to the borrower.

Decision of the Government of the Russian Federation No. 358 of June 9, 2007 on the Endorsement of the Rules of Granting Subsidies in 2007 to the Budgets of the Subjects of the Russian Federation for Construction and Modernisation of Public-Use Motorways, Including the Ones in Residential Settlements (Except for the Highways of Federal Significance)

The federal budget for the year 2007 envisages subsidies to the budgets of the subjects of the Russian Federation for construction and modernisation of public-use highways, including the ones in residential settlements (except for the highways of federal significance), in the amount of Rbl 35,000,000.0 thousand, Rbl 3,500,000.0 thousand out of them for the regions of new housing construction. The Government of the Russian Federation specifies the rules of granting of the mentioned subsidies to the budgets of the subjects of the Russian Federation.

Decision of the Government of the Russian Federation No. 357 of June 9, 2007 on the Interim Rates of Import Customs Duties for Individual Types of Machinery, Equipment, Devices, Instruments and Parts Thereof

Introduces for 9 months the interim zero rates of import customs duties for individual types of machinery, equipment, devices, instruments and part thereof.
      The Decision is entered into force one month after the day of its official publication.

Order of the Federal Agency for Tourism No. 28 of May 10, 2007 on the Endorsement of the Regulation on the Introduction of the Joint Federal Register of Tour Operators

Pursuant to the introduction from June 1, 2007 in the sphere of tour operator activities of the mechanism of financial backing of the rights and legal interests of consumers of tourist services, envisages introduction of the Joint Federal Register of Tour Operators enjoying financial guarantees.
      Registered in the Ministry of Justice of the Russian Federation on June 8, 2007. Reg. No. 9619.

Order of the Ministry of Information Technologies and Communication of the Russian Federation No. 56 of May 24, 2007 on the Endorsement of the Rules of Use of the Means of Communication Intended for Remote Control of Paid Phones

According to the actual legislation, the means of communication used in a public-use communication network, technological communication networks and special-purpose communication networks, if they are connected to a public-use communication network, are subject on the obligatory basis to the confirmation of compliance with specified requirements.
      Registered in the Ministry of Justice of the Russian Federation on June 7, 2007. Reg. No. 9611.

Federal Law No. 98-FZ of June 7, 2007 on the Amendments to Article 6 of the Federal Law on the Federal Budget for the Year 2007

Article 6 of the Federal Law of the federal budget for the year 2007 envisages sources of generation of incomes of the federal budget received in 2007. The Article is extended to include provisions empowering the territorial bodies of the Federal Treasury with authority to distribute resources received from the OAO Oil Company YUKOS in redemption of the debt in taxes, fees, other payments, penalties and fines among the budgets of the Russian budget system according to the normatives specified in the budget legislation of the Russian Federation.
      The Federal Law is entered into force from the day of its official publication.

Federal Law No. 97-FZ of June 7, 2007 on the Ratification of the Protocol on the Amendments to the Agreement between the Russian Federation and the Republic of Kazakhstan of the Procedure of Use of the 4th State Central Testing Grounds (Objects and Combat Fields Located on the Territory of the Republic of Kazakhstan) of the Ministry of Defence of the Russian Federation of January 20, 1995

Ratifies the Protocol having amended the Agreement between the Russian Federation and the Republic of Kazakhstan on the procedure of use of the 4th State Central Testing Grounds (objects and combat fields located on the territory of the Republic of Kazakhstan) of the Ministry of Defence of the Russian Federation of January 20, 1995 signed in Moscow on April 4, 2006.

Federal Law No. 96-FZ of June 7, 2007 on the Ratification of the Protocol on the Amendments to the Agreement between the Russian Federation and the Republic of Kazakhstan on the Terms of Use and Leasing of the Testing Grounds of Sary Shagan and Support of the City of Priozersk of January 20, 1995

The ratified Protocol signed in Moscow on April 4, 2006 amends the mentioned Agreement where it pertains to the organisational staff measures and the new terms of testing and functioning of the testing grounds of Sary Shagan, as well as refines the procedure of determination of the status of the military formations of these testing grounds.

Federal Law No. 95-FZ of June 7, 2007 on the Ratification of the Protocol on the Amendments to the Agreement between the Russian Federation and the Republic of Kazakhstan on the Procedure of Use of the 929 State Flight Testing Centre (Objects and Combat Fields Located on the Territory of the Republic of Kazakhstan) of the Ministry of Defence of the Russian Federation of January 20, 1995

Ratifies the Protocol on the amendments to the Agreement between the Russian Federation and the Republic of Kazakhstan on the procedure of use of the 929 State Flight Testing Centre (objects and combat fields) located on the territory of the Republic of Kazakhstan) of the Ministry of Defence of Russia.

Federal Law No. 94-FZ of June 7, 2007 on the Ratification of the Protocol on the Amendments to the Agreement between the Russian Federation and the Republic of Kazakhstan on the Terms of Use and Leasing of Testing Grounds of Emba of January 20, 1995

The ratified Protocol brings the provisions of the Agreement between the Russian Federation and the Republic of Kazakhstan on the terms of use and leasing of the testing grounds of Emba in compliance with the new terms of leasing and use of the mentioned testing grounds by the Russian Federation, carried out organisational and staff measures to unite the testing grounds and change the status of the mentioned testing grounds.

Federal Law No. 93-FZ of June 7, 2007 on the Ratification of the Agreement between the Government of the Russian Federation, the Government of the Republic of Bulgaria and the Government of the Greek Republic on the Cooperation in Construction and Operation of the Oil Pipeline Burgas-Alexandroupolis

Ratifies the Agreement between the Government of the Russian Federation, the Government of the Republic of Bulgaria and the Government of the Greek Republic on the cooperation in construction and operation of the oil pipeline Burgas-Alexandroupolis.

Federal Law No. 92-FZ of June 7, 2007 on the Accession of the Russian Federation to the Agreement on the Privileges and Immunities of the International Tribunal for the Law of the Sea

The International Tribunal for the Law of the Sea is a permanent body of international justice in charge of disputes of application and interpretation of the UN Convention on the Law of the Sea.

Federal Law No. 100-FZ of June 15, 2007 on the Amendments to Articles 14, 15 and 16 of the Federal Law on the General Principles of Organisation of Local Government in the Russian Federation

According to the amendments, issues of local significance of a residential settlement and urban district shall include issuance of permissions for construction, permissions to put objects in operation in the course of construction, reconstruction, capital repair of objects of capital construction located respectively on the territories of residential settlements and territories of urban districts. Provisions pertaining to the authority of the municipal region in the sphere of land planning and city planning activities on the intermediate territories are excluded.

Federal Law No. 99-FZ of June 7, 2007 on the Ratification of the Agreement between the Member-States of the North Atlantic Treaty and Other States Participating in the Program "Partnership for Peace", on the Status of Their Forces of June 19, 1995 and of the Additional Protocol to It

The goal of the ratified Agreement is adjustment of the issue of the status of forces participating in the measures in the sphere of military and technical cooperation Russia-NATO arranged both on the territory of the Russian Federation and abroad.

Decision of the Government of the Russian Federation No. 372 of June 14, 2007 on the Interim Rates of the Import Customs Duties for Radio Frequency (Coaxial) Cables

Changes the code of the Foreign Trade Commodity Nomenclature of the Russian Federation from 8544 20 000 0 to 8544 20 000 for coaxial cables and other coaxial electric conductors. New subheadings are introduced in the mentioned heading.
      The Decision is entered into force 2 months after the day of its official publication. Before this date, the import of the above commodities is subject to the rate of 5% of the customs cost.

Decision of the Government of the Russian Federation No. 371 of June 14, 2007 on the Amendments to the Decision of the Government of the Russian Federation No. 332 of June 30, 2004 on the Endorsement of the Regulation on the Federal Service for Tariff Rates

Pursuant to the introduction in the Federal Service for Tariff Rates of the management board for taking decisions to fix the prices (tariff rates) and/or their limiting levels in the sphere of activities of the subjects of natural monopolies, amends the Decision of the Government of the Russian Federation having endorsed the Regulation on the Federal Service for Tariff Rates of Russia.

Decision of the Government of the Russian Federation No. 369 of June 12, 2007 on the Amendment to the Decision of the Government of the Russian Federation No. 795 of December 23, 1006 Having Endorsed the Rate of the Export Customs Duty for Other Coke and Black Coal Semicoke

Endorses the zero rate of the export customs duty for other coke and black coal semicoke (code of the Foreign Trade Commodity Nomenclature of Russia 2704 00 190 0) exported from the territory of the Russian Federation outside the member-states of the Customs Union agreements.
      The Decision is entered into force 1 month after the day of its official publication.

Decision of the Government of the Russian Federation No. 368 of June 12, 2007 on the Interim Rate of the Import Customs Duty for Durable Polyester Filaments

Introduces for 9 months the zero rate of the import customs duty for durable polyester filaments (code according to the Foreign Trade Commodity Nomenclature of Russia 5402 20 000 0). The import of the mentioned commodities at present is subject to the rate of 10% of the customs cost.
      The Decision is entered into force one month after the day of its official publication.

Decision of the Government of the Russian Federation No. 360 of June 9, 2007 on the Endorsement of the Rules of Conclusion and Execution of Public Contracts of Connection to Systems of Communal Infrastructure

Introduces the rules defining the procedure of conclusion, changing and execution of the contract for connection of the constructed, reconstructed or already constructed but not yet connected building, structure or another object of capital construction to engineering support networks forming the system of communal infrastructure including power, heat, gas, water supplies, water disposal and purification of waste water.

Decree of the President of the Russian Federation No. 768 of June 15, 2007 on the Amendments to the Decree of the President of the Russian Federation No. 1315 of October 13, 2004 "Issues of the Federal Registration Service" and the Regulation Endorsed by this Decree

The functions of enforcement of activities of self-regulating organisations of assessors are vested in the Federal Registration Service.
      The Decree is entered into force from the day of its signing, except for the provisions on the increase of the staff of the federal service and its territorial bodies entering into force from January 1, 2008.

Decision of the Government of the Russian Federation No. 367 of May 31, 2007 on the Measures to Implement Article 54 of the Federal Law on the Fishing and Conservation of Aquatic Biological Resources

Specifies the rules of sale and destruction of confiscated aquatic biological resources and products of their processing.

Order of the Federal Tax Service No. MM-3-03/299@ of May 14, 2007 on the Endorsement of the Forms of Documents Used by Tax Bodies When Implementing Their Authority in Relations Regulated by Legislation on Taxes and Fees

According to the tax legislation, the surplus of tax exemption over the accrued amount of excise duty is subject to offsetting or return.
      Registered in the Ministry of Justice of the Russian Federation on June 13, 2007. Reg. No. 9638.

Order of the Central Bank of Russia No. OD-415 of June 8, 2007 on the Regulation on the Functioning of the System of Urgent Electronic Bank Payments (BESP)

The BESP system is functioning in the payment network of the Bank of Russia and is intended for making urgent payments in the currency of the Russian Federation of the Bank of Russia, credit organisations (their branches), clients of the Central Bank of Russia not being credit organisations (their branches) and for providing for real-time continuous payments on the gross basis.

Letter of the Central Bank of Russia No. 81-T of June 8, 2007 on the Terms of Contracts Defining the Rights and Duties of the Credit Organisation (Its Branch), Another Client of the Bank of Russia Not Being a Credit Organisation (Its Branch) and the Bank of Russia Emerging When Making Payments through the System of Real-Time Gross Payments of the Bank of Russia

Defines the terms to be included in the contracts defining the rights and duties of the credit organisation (its branch), another client of the Bank of Russia and the Bank of Russia emerging when making payments through the system of real-time gross payments of the Bank of Russia known as the system of urgent electronic bank payments (BESP).

Information of the Central Bank of Russia of June 18, 2007

From June 19, 2007, the rate of refinancing (bank rate) of the Bank of Russia is reduced from 10.5% to 10% annual. The previous reduction of the bank rate occurred on January 29, 2007 (from 11% to 10.5%).

Federal Law No. 101-FZ of June 18, 2007 on the Amendments to Individual Legislative Acts of the Russian Federation on Activities of Legislative (Representative) Bodies of State Power of Subjects of the Russian Federation and Representative Bodies of Municipal Formations

The amendments introduce additional reasons for an early termination of authority of the legislative body of the subject of the Russian Federation and representative body of the municipal formation.
      The Federal Law is entered into force 30 days after the day of its official publication.

Decision of the Government of the Russian Federation No. 376 of June 18, 2007 on the Endorsement of the Regulation on the Creation and Liquidation of Gambling Zones

Defines the procedure for taking decisions on the creation and liquidation of gambling zones.

Direction of the Central Bank of Russia No. 1841-U of June 18, 2007 on the Amendments to the Direction of the Bank of Russia No. 1376-U of January 16, 2004 on the List, Forms and Procedure of Drawing up and Submission of the Forms of Reports of Credit Organisations to the Central Bank of the Russian Federation

The amendments refine the algorithms of generation of the reporting figures pursuant to the changing of the chart of accounts of banks and refining of the procedure of drawing up of the forms of reports of credit organisations.
      The Direction is entered into force from July 1, 2007. The changed reporting form 0409634 "Report of Open Currency Positions" shall be drawn up from October 1, 2007.

Federal Law No. 102-FZ of June 19, 2007 on the Amendments to Articles 16 and 19 of the Water Code of the Russian Federation and Article 27 of the Land Code of the Russian Federation

The amendments restrict circulation of land plots in the first and second rings of the sanitary zone of water objects available in the state or municipal property and used for potable water and household water supplies.

Decision of the Government of the Russian Federation No. 379 of June 18, 2007 on the Amendments to the Rules of Granting Subsidies to Pay for the Dwelling Space and Communal Service Endorsed by the Decision of the Government of the Russian Federation No. 761 of December 14, 2005

The amendments extend the sphere of reference of the bodies of local government of residential settlements and urban districts to include the authority to take decisions to grant subsides to pay for the dwelling space and communal services.

Order of the Ministry of Transport of the Russian Federation No. 41 of April 10, 2007 on the Endorsement of the Procedure for Temporary Restriction of Traffic over the Public-Use Highways of Federal Significance

According to the Federal Law on the highway traffic safety, temporary restriction of or stopping traffic on the highways for traffic safety reasons may be introduced by the authorised officials of the federal bodies of executive power, bodies of executive power of the subjects of the Russian Federation and bodies of local government within their sphere of reference.
      Registered in the Ministry of Justice of the Russian Federation on June 15, 2007. Reg. No. 9655.

Federal Law No. 104-FZ of June 19, 2007 on the Amendment to Article 38 of the Law of the Russian Federation on the Institutions and Bodies Executing Criminal Punishments in the Form of Imprisonment

The human rights commissioner in the subjects of the Russian Federation is empowered with additional control functions in the sphere of execution of criminal punishments.

Federal Law No. 103-FZ of June 19, 2007 on the Amendments to the Federal Law on the Civil Defence and Article 21 of the Federal Law on Defence

Improves activities in the sphere of civil defence and protection of population taking into account the delimitation of authority of the bodies of state power and the bodies of local government.

Decision of the Government of the Russian Federation No. 384 of June 19, 2007 on the Interim Rates of the Import Customs Duties for Individual Types of Commodities

For 9 months reduces the rates of import customs duties for individual parts and accessories for motor cycles, mopeds, bicycles (with or without the engine), wheelchairs for incapacitated people (whether or not outfitted with an engine or a mechanical device). The Decision is entered into force 1 month after the day of its official publication.

Decision of the Government of the Russian Federation No. 377 of June 18, 2007 on the Forest Planning Rules

The rules specify forest planning procedures on the lands of the forestry fund and the lands of residential settlements, as well as the lands of defence and security destination and the lands of specially protected natural territories.

Federal Law No. 108-FZ of June 21, 2007 on the Amendment to Article 1 of the Federal Law on the Total Number of Justices of the Peace and the Number of Court Districts in the Subjects of the Russian Federation

Increases the number of justices of the peace and the number of court districts in the Republic of Mary El.

Federal Law No. 107-FZ of June 21, 2007 on the Amendment to Article 1 of the Federal Law on the Total Number of Justices of the Peace and the Number of Court Districts in the Subjects of the Russian Federation

Creates a legal basis for the work of justices of the peace in the Chechen Republic.

Federal Law No. 106-FZ of June 21, 2007 on the Amendment to Article 1 of the Federal Law on the Total Number of Justices of the Peace and the Number of Court Districts in the Subjects of the Russian Federation

The number of justices of the peace and the number of court districts will increase in the Moscow Province.

Federal Law No. 105-FZ of June 21, 2007 on the Amendment to Article 1 of the Federal Law on the Total Number of Justices of the Peace and the Number of Court Districts in the Subjects of the Russian Federation

Increases the number of justices of the peace and the appropriate number of court districts in the Ust-Ordynsk Buryat Autonomous District.

Letter of the Federal Tax Service No. SK-6-11/478@ of June 18, 2007 on the Data Necessary for the Calculation of the Tax on Extraction of Mineral Resources for Oil for May 2007

Provides information used in the calculation of the tax on extraction of mineral resources for oil for May 2007.

Direction of the Central Bank of Russia No. 1839-U of June 18, 2007

The Central Bank of the Russian Federation reports a reduction from June 19, 2007 of the rate of refinancing (bank rate) from 10.5% to 10% annual.

Telegram of the Central Bank of Russia No. 01-13-3/2456 of June 18, 2007

The Bank of Russia reports a reduction from June 19, 2007 from 10% to 9% annual of the interest rate for the credits of the Bank of Russia provided to banks and secured with a loan and guarantees.

Federal Law No. 109-FZ of June 21, 2007 on the Amendments to Article 1 of the Federal Law on the Total Number of Justices of the Peace and the Number of Court Districts in the Subjects of the Russian Federation

Increases the number of justices of the peace and the appropriate number of court districts in the Krasnoyarsk Territory.

Federal Law No. 110-FZ of June 21, 2007 on the Amendment to Article 1 of the Federal Law on the Total Number of Justices of the Peace and the Number of Court Districts in the Subjects of the Russian Federation

Increases the number of justices of the peace and the appropriate number of court districts in the Belgorod Province.

Federal Law No. 111-FZ of June 21, 2007 on the Amendment to Article 1 of the Federal Law on the Total Number of Justices of the Peace and the Number of Court Districts in the Subjects of the Russian Federation

Increases the number of justices of the peace and the appropriate number of court districts in the Republic of Tatarstan.

Federal Law No. 112-FZ of June 22, 2007 on the Amendment to Article 1 of the Federal Law on the Total Number of Justices of the Peace and the Number of Court Districts in the Subjects of the Russian Federation

Increases the number of justices of the peace and the appropriate number of court districts in the Saratov Province.

Federal Law No. 115-FZ of June 22, 2007 on the Invalidation of the Federal Law on the Financial Industrial Groups

To remove excessive state regulation of activities of associations of legal entities, invalidates the Federal Law No. 190-FZ of November 30, 1995 on the financial industrial groups.

Decision of the Government of the Russian Federation No. 395 of June 22, 2007 on the Maximum Amount of Timber for Logging by a Person, Group of Persons

The Forestry Code of the Russian Federation prohibits monopolist activities and unfair competition in the forestry sphere. The maximum amount of timber for logging by a person, group of persons is specified to provide for the implementation of the mentioned prohibition.

Decision of the Government of the Russian Federation No. 393 of June 20, 2007 on the Interim Rates of Import Customs Duties for Individual Types of Combines

Introduces the rates of import customs duties for 9 months for grain and silage harvesting combines (codes according to the Foreign Trade Commodity Nomenclature of Russia 8433 51 000 9 and 8433 59 110 9) in the amount of 5% of the customs cost. Earlier, the rates were the same, however, not less than EUR 100 per 1 kW of power rating.
      The Decision is entered into force one month after the day of official publication.

Order of the Ministry of Finance of the Russian Federation No. 45n of May 25, 2007 on the Procedure of Submission by and the Content of Reports of the Management Bodies of the Gambling Zones

The management bodies of the gambling zones must submit reports to the Ministry of Finance of the Russian Federation and the Federal Tax Service for the purposes of control of observation of the requirements of legislation by organisers of games of chance.
      Registered in the Ministry of Justice of the Russian Federation on June 19, 2007. Reg. No. 9665.

Federal Law No. 116-FZ of June 22, 2007 on the Amendments to the Code of Administrative Violations of the Russian Federation Pertaining to Pecuniary Sanctions for the Administrative Violation

The fines earlier calculated in the minimum amounts of labour remuneration are replaced with the monetary equivalents.

Decision of the Government of the Russian Federation No. 394 of June 22, 2007 on the Endorsement of the Regulation on the State Forestry Control and Enforcement

According to the new regulation, the state forestry control and enforcement is vested not only in the Federal Service of Enforcement in the Sphere of Use of Natural Resources, as was envisaged before, but also in the bodies of executive power of the subjects of the Russian Federation.

Decision of the Government of the Russian Federation No. 401 of June 25, 2007 on the Endorsement of the List of Perfumery and Cosmetics Exempted from the Federal Law on the State Regulation of Production and Circulation of Ethyl Alcohol, Alcoholic and Alcohol-Containing Products

Defines the list of perfumery and cosmetics exempted from the Federal Law on the state regulation of production and circulation of ethyl alcohol, alcoholic and alcohol-containing products.
      The Decision is entered into force from July 1, 2007.

Order of the Federal Customs Service No. 1298 of December 11, 2006 on the Declaring of Individual Types of Commodities

Specifies the list of commodities that may be declared by submission of the customs declaration in the form of a written application.
      Registered in the Ministry of Justice of the Russian Federation on June 26, 2007. Reg. No. 9706.

Regulation of the Central Bank of Russia No. 304-P of June 18, 2007 on the Procedure of Calculation and Transfer of Payments for the Services of the System of Real-Time Gross Payments of the Bank of Russia

The system of urgent electronic payments is initiated from July 1, 2007 in the system of payments of the Bank of Russia intended for payments in the currency of the Russian Federation of the Bank of Russia, credit organisations (their branches) clients of the Bank of Russia not being credit organisations (their branches) to provide for the real-time gross transfers as soon as electronic payment orders are received.
      Registered in the Ministry of Justice of the Russian Federation on June 26, 2007. Reg. No. 9699.

Order of the Ministry of Justice of the Russian Federation No. 126 of June 15, 2007 on the Endorsement of the Procedure of Assigning of State Recorders

Specifies a new procedure of assigning of state recorders.
      Registered in the Ministry of Justice of the Russian Federation on June 25, 2007. Reg. No. 9687.

Federal Law No. 117-FZ of June 19, 2007 on the Ratification of the Agreement between the Government of the Russian Federation and the Government of the Republic of Korea on the Measures to Protect Technologies Pertaining to Cooperation in the Sphere of Investigation and Use of the Outer Space for Peaceful Purposes and the Protocol to the Agreement between the Government of the Russian Federation and the Government of the Republic of Korea on the Measures to Protect Technologies Pertaining to Cooperation in the Sphere of Investigation and Use of the Outer Space for Peaceful Purposes of October 17, 2006

The ratified Agreement and the Protocol provide conditions for efficient implementation of the Russian-Korean cooperation in the outer space sphere in a number of hi-tech and science-intensive directions (including the creation of the Korean launch system) and contain efficient instruments of prevention of any unauthorised access to the exported and protected Russian products and technologies, as well as their unauthorised transfer and use for other than designated purposes.

Decision of the Government of the Russian Federation No. 406 of June 26, 2007 on the Contract of Purchase and Sale of Forest Plantations Located on the Lands Available in the State or Municipal Property

The Forestry Code of the Russian Federation envisages opportunities of purchase and sale of forest plantations located on the lands available in the state or municipal property.

Decision of the Government of the Russian Federation No. 400 of June 25, 2007 on the List of the Regions of the Far North and Localities of Similar Status Where Production, Supplies and Retail Trade of Drinking Ethyl Alcohol Are Permitted

In pursuance of the Federal Law on the state regulation of production and circulation of ethyl alcohol, alcoholic and alcohol-containing products, the Government of the Russian Federation specified that the regions of the Far North and localities of similar status where production, supplies and retail trade of drinking ethyl alcohol are permitted shall include also the regions and localities mentioned in the list of the regions of the Far North and localities of the status of the regions of the Far North covered by the Decrees of the Presidium of the Supreme Soviet of the USSR of February 10, 1960 and of September 26, 1967 on the benefits for the persons working in these regions and localities. The list was endorsed by the Decision of the Council of Ministers of the USSR No. 1029 of November 10, 1967.

Decision of the Government of the Russian Federation No. 399 of June 25, 2007 on the Authority of the Federal Service of Ecological, Technological and Nuclear Enforcement to Arrange and Carry out the State Ecological Expert Evaluation of the Main Technological Equipment for Production of Ethyl Alcohol, Alcoholic and Alcohol-Containing Products

According to the Federal Law on the state regulation of production and circulation of ethyl alcohol, alcoholic and alcohol-containing products, organisations engaged in production of ethyl alcohol, alcoholic and alcohol-containing products and using for the mentioned purposes the main technological equipment made on the territory of the Russian Federation and outside it must have for the mentioned equipment a compliance certificate and a positive statement of the state ecological expert evaluation.

Direction of the Central Bank of Russia No. 1831-U of June 1, 2007 on the Amendments to the Instruction of the Bank of Russia No. 112-I of March 31, 2004 on the Obligatory Normatives of Credit Organisations Issuing Mortgage Coverage Bonds

In contrast to the earlier available wording, the changed Instruction does not regulate the particulars of calculation of the obligatory normative of sufficiency of own resources (capital) (N1) for credit organisations issuing mortgage coverage bonds.
      The Direction is entered into force 10 days after the day of official publication except for the provision entered into force from January 1, 2008.
      Registered in the Ministry of Justice of the Russian Federation on June 26, 2007. Reg. No. 9704.

Direction of the Central Bank of Russia No. 1832-U of June 1, 2007 on the Amendments to the Instruction of the Bank of Russia No. 124-I of July 15, 2005 on the Amounts (Limits) of Open Currency Positions, Method of Their Estimation and Particulars of Enforcement of Their Observation by Credit Organisations

The Direction is entered into force from October 1, 2007 except for individual provisions entered into force from January 1, 2008.
      Registered in the Ministry of Justice of the Russian Federation on June 26, 2007. Reg. No. 9703.

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