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 12.12.2007

Decision of the Government of the Russian Federation No. 845 of December 6, 2007 on the Amendments to the Decisions of the Government of the Russian Federation No. 481 of September 17, 2004 and No. 514 of October 2, 2004

Brings in compliance with the new part of the Civil Code of the Russian Federation the Decisions of the Government of the Russian Federation on the list of the federal bodies of executive power authorised to issue the statement attached to the request for the registration and granting the right of use of the name of the place of origin of the commodity and the request for the right of use of already registered place of origin of the commodity and on the federal bodies of executive power authorised to process the patent request for the invention containing information comprising the state secret.

Decision of the Government of the Russian Federation No. 813 of November 29, 2007 on the Amendments to the Decision of the Government of the Russian Federation No. 679 of November 11, 2005

Provides a new wording of the main requirements to the working out and endorsement by the federal bodies of executive power of administrative regulations on the execution of the state functions (providing state services).

Decision of the Central Election Commission of the Russian Federation No. 72/591-5 of December 8, 2007 on to the Results of Elections of Deputies of the State Duma of the Federal Assembly of the Russian Federation of the Fifth Convocation.

Elections of deputies of the State Duma of the Federal Assembly of the Russian Federation of the fifth convocation are recognised as accomplished and valid.

Order of the Ministry of Economic Development of the Russian Federation No. 304 of September 7, 2007 on the Endorsement of the Norms of Natural Loss of Foodstuffs in the Trade and Public Catering Sphere

Specifies the norms of natural loss of foodstuffs in the trade and public catering sphere.

Direction of the Central Bank of Russia No. 1907-U of November 14, 2007 on the Amendments to the Regulation of the Bank of Russia No. 283-P of March 20, 2006 on the Procedure of Forming of Reserves for Possible Losses by Credit Organisations

From January 1, 2008, the lack of quotations for the earlier quoted securities will be taken into account instead of the lack of the market cost of the earlier quoted securities.

Order of the Ministry of Agriculture of the Russian Federation No. 597 of November 29, 2007 on the Procedure of Granting of Subsidies in 2007 from the Federal Budget to the Budgets of the Subjects of the Russian Federation to Reimburse the Damage Incurred on Agricultural Producers Arising from the Perish of Agricultural Crops and Plantations of Perennial Fruits because of the Abnormal Hydrometeorology Conditions in 2007

The subsidies are allocated for partial reimbursement of the damage incurred on agricultural producers (except for the citizens engaged in auxiliary farming and agricultural consumer cooperatives).

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