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 28.12.2010

Federal Law No. 401-FZ of December 28, 2010 on the Amendments to the Federal Law on the Electric Power Supply Industry and Individual Legislative Acts of the Russian Federation

The amendments pertain to the wholesale market of electric energy and power.

Federal Law No. 400-FZ of December 28, 2010 on the Amendments to Article 5 of the Federal Law on the Audit Activities

The amendments pertain to the obligatory audit.

Federal Law No. 399-FZ of December 28, 2010 on the Ratification of the Agreement between the Government of the Russian Federation and the Government of Mongolia on the Creation of the Joint Limited-Liability Company Dornod Uran

Ratifies the above agreement.

Federal Law No. 395-FZ of December 28, 2010 on the Amendments to Part 2 of the Tax Code of the Russian Federation and Individual Legislative Acts of the Russian Federation

VAT does not apply now to operations of sale (transfer) of state and municipal immovable property to small and medium-size businesses renting them.

Decision of the Government of the Russian Federation No. 1111 of December 24, 2010 on the Tariff Quotas for Beef, Pork and Poultry Meat for the Year 2011

Endorses distribution of quotas between supplying countries.

Decision of the Government of the Russian Federation No. 1089 of December 22, 2010 on the Procedure of Managing of Rights for Integrated Processes Owned by the Russian Federation

Specifies the above procedure.

Order of the Ministry of Economic Development of the Russian Federation No. 583 of November 29, 2010 on the Endorsement of the Form of the Technical Layout of Room and the Requirements to Its Preparation

The technical layout is necessary when the room is registered for cadastral purposes.

Order of the Federal Service for Financial Markets No. 10-70/pz-n of November 23, 2010 on the Amendments to the Regulation on the Procedure of Introduction of Changes to the Register of Holders of Registered Securities and Depositary Record Keeping in the Cases of Buy out of Stocks by the Joint-Stock Company at the Demand of Stock-Holders Endorsed by the Order of the Federal Service for Financial Markets No. 07-39/pz-n of April 5, 2007

Adjusts the above procedure.

Order of the Federal Customs Service No. 2154 of November 18, 2010 on the Amendments to the Order of the Federal Customs Service of Russia No. 1268 of July 7, 2010

Provides a new wording for the list of customs bodies authorised to carry out customs operations with goods moved using ATA carnets.

Decision of the Chief State Sanitary Physician of the Russian Federation No. 145 of November 12, 2010 on the Endorsement of Sanitary Rules SanPiN 2.3.2.2757-10 "Amendments 21 to SanPiN 2.3.2.1078-01"

Delicacies can only be made from chilled meat.

Order of the Federal Service for Financial Markets No. 10-68/pz-n of November 11, 2010 on the Endorsement of the Regulation on the Reports of the Pension Fund of the Russian Federation on Operations with Assets (Monetary Resources and Securities) Generated at the Expense of Resources of Insurance Contributions for the Financing of the Accumulated Part of the Labour Pension Received in the Pension Fund of the Russian Federation in the Reporting Period of the Appropriate Fiscal Year

Specifies the above procedure.

Order of the Ministry of Finance of the Russian Federation No. 147n of November 10, 2010 on the Endorsement of the Procedure, Deadlines and Forms of Reports to the Ministry of Finance of the Russian Federation on the Additional Requirements Envisaged by the Self-Regulating Organisation of Auditors in the Standards of Audit Activities to the Requirements Specified in the Federal Standards of Audit Activities, As Well As on the Additional Requirements Included in the Rules of Independence of Auditors and Audit Organisations Adopted by It and Additional Norms of Professional Ethics Included in the Code of Professional Ethics of Auditors Adopted by It

Additional requirements adopted by the self-regulating organisation of auditors must be reported to the Ministry of Finance of Russia.

Decision of the Chief State Sanitary Physician of the Russian Federation No. 142 of November 10, 2010 on the Endorsement of Hygienic Normatives GN 2.1.6.2752-10 "Extension 7 to GN 2.1.6.2309-07 "Approximate Safe Levels of Interference of Pollutants in the Atmospheric Air of Residential Settlements""

Extends the above normatives.

Order of the Ministry of Power Supplies of the Russian Federation and the Ministry of Transport of the Russian Federation No. 527/236 of November 1, 2010 on the Endorsement of the Norms of Natural Loss of Oil and Oil Products in the Cases of Transportation by the Railway, Highway, Water Types of Transport in the Intermodal Railway and Water Transportation

Endorses the above norms.

Order of the Federal Service for the Regulation of the Alcoholic Market No. 59n of October 26, 2010 on the Endorsement of the Technical Regulation in the Area of Production and Circulation of Alcoholic and Alcohol-Containing Products Pertaining to Storage of Alcoholic and Alcohol-Containing Edible Products Packed in Consumer Containers

Specifies the above conditions.

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