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 15.07.2008

Federal Law No. 118-FZ of July 14, 2008 on the Amendments to the Water Code of the Russian Federation and Individual Legislative Acts of the Russian Federation

The amendments improve the water use legislation.

Federal Law No. 117-FZ of July 14, 2008 on the Amendments to Article 23 of the Federal Law on the Fundamentals of Obligatory Social Insurance and Article 16 of the Federal Law on the Obligatory Pension Insurance in the Russian Federation

Adjusts the procedure of depositing of the monetary resources of the obligatory social and pension insurance.

Federal Law No. 116-FZ of July 14, 2008 on the Amendments to the Federal Law on the Budget of the Federal Fund of Obligatory Medical Insurance for the Year 2007

The Federal Law removes a technical error in the distribution of resources of the budget of the Federal Fund of Obligatory Medical Insurance allocated for territorial programs of obligatory medical insurance in 2007.

Federal Law No. 115-FZ of July 14, 2008 on the Ratification of the Agreement between the Government of the Russian Federation and the Government of the Republic of Tajikistan on the Settlement of the Debt of the Republic of Tajikistan to the Russian Federation under State Credits and the Addendum to the Agreement between the Government of the Russian Federation and the Government of the Republic of Tajikistan on the Settlement of the Debt of the Republic of Tajikistan to the Russian Federation under State Credits of December 9, 2002 on the Early Redemption of the Debt of the Republic of Tajikistan to the Russian Federation by the Transfer in the Property of the Russian Federation of the Optical Electronic Node Nurek Owned by the Republic of Tajikistan and on the Investing of the Rest of the Debt in the Construction of the Sangtudinskaya Hydro Power Station 1 on the Territory of the Republic of Tajikistan

Ratifies the Agreement on the settlement of the debt of the Republic of Tajikistan to the Russian Federation under state credits singed in Moscow on December 9, 2002 and the Addendum to this Agreement signed in Dushanbe on October 16, 2004.

Federal Law No. 114-FZ of July 14, 2008 on the Ratification of the Protocol on the Amendments to the Agreement between the Member-States of the Shanghai Organisation of Cooperation on the Regional Antiterrorist Structure Signed on June 7, 2002 in the City of St.Petersburg (Russian Federation)

Russia ratified the Protocol on the amendments to the Agreement between the member-states of the Shanghai Organisation of Cooperation on the regional antiterrorist structure of June 7, 2002 signed in Bishkek on August 16, 2007.

Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 30 of June 30, 2008 on Some Issues of Application by Arbitration Courts of the Antimonopoly Legislation

The Plenum of the Higher Arbitration Court of the Russian Federation prepared explanations on the most disputable issues in the practice of application by the courts of the provisions of the antimonopoly legislation.

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