State Property Privatization

Law of Ukraine "On Amendments to the Law of Ukraine" On Lease of State and Communal Property 'from 29.06.2004 1905-IV (hereinafter – the Law 1905), the second part of article 4 of the Rent Act amended the fifth paragraph, under which also may not be the subject of lease the following facilities: – state-owned of national importance and not to be privatized in accordance with the second part of Article 5 of the Law of Ukraine "On State Property Privatization" of 04.03.92, 2163-XII, as amended by Law of Ukraine dated 19.02.97, the 89/97-VR (property complexes of their structural units whose main activity is the production of goods (works, services) of national importance, a list of which is determined by Part 2 of Art. 5 of the Act) – included in the list of objects of state property, not subject to privatization, approved by the Law of Ukraine "On the list of objects of state property, not subject to privatization" of 07.07.99, 847-XIV, which produce excisable goods. LANDLORD in accordance with Article 5 of the lease, the lessor with respect to a particular type of property are integral property complexes of enterprises, as well as their subdivisions and real estate. State-owned property not included in the statutory funds of business entities that were created in the privatization process, except for property related to property complex of the National Academy of Sciences of Ukraine and sectoral academies of science; integral property complexes of enterprises and their subdivisions and real estate belonging to the Autonomous Republic of Crimea; integral property complexes of enterprises and their subdivisions and real estate located in communal ownership; Subdivisions companies (subsidiaries, departments, sites), and real estate, whose total area exceeds 200 square meters.

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