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 7.12.2011

Federal Constitutional Law No. 4-FKZ of December 6, 2011 on the Amendments to the Federal Constitutional Law on the Judicial System of the Russian Federation and the Federal Constitutional Law on Arbitration Courts in the Russian Federation Pursuant to the Creation of the Court for Intellectual Rights in the System of Arbitration Courts

The court for intellectual rights must be created before February 1, 2013.

Federal Law No. 401-FZ of December 6, 2011 on the Amendments to the Federal Law on the Protection of Competition and Individual Legislative Acts of the Russian Federation

Adopts the 3rd antimonopoly packet of amendments to the legislation.

Federal Law No. 396-FZ of December 6, 2011 on the Amendments to Article 24 of the Federal Law on the Retail Marketplaces and on the Amendments to the Labour Code of the Russian Federation

The amendments pertain to the organisation of retail marketplaces in large cities.

Federal Law No. 394-FZ of December 6, 2011 on the Amendments to the Federal Law on the Electric Power Industry

Prohibits to change the cost electric energy bought or sold by the subject of the wholesale market in the past periods.

Federal Law No. 393-FZ of December 6, 2011 on the Amendment to Article 50 of Part 1 of the Civil Code of the Russian Federation Pursuant to the Adoption of the Federal Law on Economic Partnerships

Permits creation of economic partnerships from July 2012.

Federal Law No. 380-FZ of December 3, 2011 on Economic Partnerships

Introduces a new form of a commercial legal entity – economic partnership.

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