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 30.04.2009

Federal Law No. 79-FZ of April 28, 2009 on the Amendments to the Federal Law on the Budget of the Federal Fund of Obligatory Medical Insurance for the Year 2009 and for the Planned Period of 2010 and 2011

Excludes from the budget of the Federal Fund of Obligatory Medical Insurance the figures pertaining to the planned period of 2010-2011.

Federal Law No. 75-FZ of April 28, 2009 on the Amendments to the Federal Law on Political Parties in View of the Stepwise Reduction of the Minimum Number of Members of Political Parties

Envisages a stepwise reduction of the minimum number of members of political parties and introduction of rotation of the leaders of collegiate bodies of the political party.

Federal Law No. 74-FZ of April 28, 2009 on the Amendments to the Federal Law on the Securities Market and Article 5 of the Federal Law on the Protection of Rights and Legal Interests of Investors at the Securities Market

Introduces a new procedure to provide access for quality foreign securities.

Federal Law No. 73-FZ of April 28, 2009 on the Amendments to Individual Legislative Acts of the Russian Federation

The Federal Law is aimed at protection of interests of creditors in the cases of bankruptcy of organisations.

Federal Law No. 68-FZ of April 28, 2009 on the Amendments to Article 55 of the Federal Law on the Placing of Orders for Supplies of Commodities, Carrying out Works, Rendering Services for the State and Municipal Needs

According to the amendments, the Government of the Russian Federation, and also the President of the Russian Federation, may now nominate the sole supplier (executor, contractor) under the state contract.

Federal Law No. 64-FZ of April 28, 2009 on the Ratification of the Protocol between the Government of the Russian Federation and the Government of the Republic of Kazakhstan on the Amendment to the Lease Treaty for the Baykonur Complex between the Government of the Russian Federation and the Government of the Republic of Kazakhstan of December 10, 1994

Ratifies the protocol amending the lease contract for the Baykonur Complex concluded between the Governments of Russia and Kazakhstan.

Federal Law No. 63-FZ of April 28, 2009 on the Ratification of the Agreement between the Government of the Russian Federation and the Government of the Lithuanian Republic on the Navigation in the Kurshsky Bay and the Water Ways in the Kaliningrad Province of the Russian Federation and in the Lithuanian Republic

The ratified Agreement was signed by the parties in the city of Svetlogorsk on December 4, 2007.

Federal Law No. 62-FZ of April 28, 2009 on the Amendment to Article 20 of the Federal Law on Self-Regulating Organisations

The keeping of the Register of Self-Regulating Organisations is vested in the body of executive power authorised by the Government of the Russian Federation.

Federal Law No. 61-FZ of April 28, 2009 on the Amendment to Article 24 of the Code of Internal Water Transport of the Russian Federation

The Code of Internal Water Transport of the Russian Federation is being brought in compliance with the legislation on the hypothec (mortgage for immovable property).

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