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 30.07.2009

Federal Law No. 216-FZ of July 29, 2009 on the Amendment to Article 178 of the Criminal Code of the Russian Federation

Provides a new wording for the article of the Criminal Code of the Russian Federation specifying responsibility for the exclusion, restriction or elimination of competition. The terminology is also being brought in compliance with the Federal Law on the Protection of Competition.

Order of the Ministry of the Industry and Trade of the Russian Federation No. 650 of July 15, 2009 on the Endorsement of the List of Cars Made on the Territory of the Russian Federation Permitting, When Purchased by Natural Persons on Credit in 2009, 2010, 2011 and 2012, a Reimbursement to Credit Organisations of Shortfall in Incomes Proceeding from Two Thirds of the Rate of Refinancing of the Central Bank of the Russian Federation

Endorses a new list of cars because of the growth of prices for them.

Information Letter of the Presidium of the Higher Arbitration Court of the Russian Federation No. 131 of June 25, 2009

The courts are provided with recommendations on the processing of cases on the priority right of stock-holders of closed-type joint-stock companies for the purchase of stocks sold by other stock-holders.

Information Letter of the Presidium of the Higher Arbitration Court of the Russian Federation No. 132 of July 21, 2009 on Some Issues of Application by Arbitration Courts of Articles 20 and 28 of the Federal Law on the State Registration of Rights for Immovable Property and Transactions with It

Explains individual issues of registration of rights for immovable property and transactions with it on the basis of acts of courts.

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