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    Ukrainian legislation (general), Ukrainian legislation (important)

    Law on Amendments to the Budget Code of Ukraine Regarding Transactions with Contingent Liabilities The Verkhovna Rada of Ukraine hereby enacts: I. Amend the Budget Code of Ukraine (Bulletin of the Verkhovna Rada of Ukraine, 2010, No. 50-51, p. 572; 2013, No. 5-6, p. 59; 2014, No. 22, p. 816; 2015, No. 22, p. 145; 2016, No. 16, p. 166, No. 23, p. 49; 2017, No. 2, p. 25, No. 38-39, p. 380; 2018, No. 1, p. 7; 2019, No. 17, p. 71, No. 46, p. 299; 2020, No. 5, p. 35, No. 43, p. 357; 2021, No. 13, p. 110, No. 16, p. 138, No. 39, p. 321; 2022, No. 5, p. 29, No. 16, p. 136, No. 22, p. 190) as follows: 1. In Article 2: a) paragraph 10 shall be amended to read as follows: “10) contingent liabilities are potential financial obligations that may arise in the future under certain conditions and depend on the occurrence or non-occurrence of certain events;” b) paragraph 11 shall be amended to read as follows: “11) contingent transactions are transactions involving contingent liabilities, which are carried out in accordance with the procedure established by this Code;” 2. Supplement Article 18 with paragraph 1-1 as follows: “1-1. The state budget may include provisions for contingent transactions and contingent liabilities in the manner prescribed by this Code.” 3. In Article 23: a) paragraph 2 shall be supplemented with subparagraph 9 as follows: “9) conditions and procedure for conducting contingent transactions;” b) paragraph 3 shall be supplemented with subparagraph 12 as follows: “12) approval of contingent liabilities and contingent transactions.” II. This Law shall enter into force from the date of its publication.

    Law Amending the Budget Code of Ukraine Regarding Transactions with Contingent Liabilities Related to Financing from the EU, Foreign States, and International Financial Organizations, Including from Frozen Russian Assets Structurally, the law amends Article 2 of the Budget Code, clarifying the concepts of 'debt obligation' and 'public debt', and supplements the Final Provisions with a new…
    December 6, 20240Likes0CommentsShare
    Ukrainian legislation (general), Ukrainian legislation (important)

    Resolution on Approval of the Regulation on the Government Commissioner for Customs Authorities Reform 1. Approve the attached Regulation on the Government Commissioner for Customs Authorities Reform. 2. The Government Commissioner for Customs Authorities Reform shall: – Coordinate and monitor the implementation of reforms in customs authorities – Develop and propose strategic directions for modernization of customs systems – Interact with central executive bodies, international organizations, and stakeholders – Prepare analytical reports and recommendations on customs reform progress – Ensure transparency and effectiveness of reform implementation 3. The Cabinet of Ministers of Ukraine shall provide organizational and financial support for the activities of the Government Commissioner. 4. This Resolution shall enter into force from the date of its official publication.

    The Resolution approves the Regulations on the Government Commissioner for Customs Authorities Reform - an official who will be responsible for organizing the process of reforming customs authorities. The Commissioner is appointed by the Cabinet of Ministers upon the proposal of the Prime Minister and works on a voluntary basis. The Regulations consist of 8…
    December 6, 20240Likes0CommentsShare
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