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 6.10.2008

Order of the Federal Service for Financial Markets No. 08-30/pz-n of July 29, 2008 on the Procedure of Calculation of the Cost of One Investment Share in the Cases of Redemption of Investment Shares from the Person Having Failed to Fulfil the Duty to Pay for the Uncovered Parts of Investment Shares

Specifies the procedure of calculation of the cost of one investment share for the cases of redemption of investment shares from the person having failed to fulfil the duty to pay for the uncovered parts of investment shares.

Direction of the Central Bank of Russia No. 2070-U of September 23, 2008 on the Amendments to the Direction of the Bank of Russia No. 1365-U of December 30, 2003 on the Particulars of Carrying out of Direct REPO Operations with Credit Organisations for the Bank of Russia

Introduces changes to the terms of processing by the Bank of Russia of requests for direct REPO transactions.

Order of the Ministry of Transport of the Russian Federation No. 141 of September 5, 2008 on the Endorsement of the Federal Aviation Rules "Rules of Transportation of Hazardous Cargo by Air Vessels of the Civil Aviation"

Specifies the procedure of transportation by air vessels of civil aviation of hazardous cargo, including the restrictions for such transportation, rules of packing of hazardous cargo and labelling it, the duties of the consignor and the operating party.

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