Essence of the Act:
The document defines the mechanism for using funds from the Russian Armed Aggression Consequences Liquidation Fund in 2025. The primary purpose is to compensate for destroyed/damaged housing of Ukrainian citizens. Funds are directed towards restoration of residential facilities through the “eRecovery” mechanism and other approved compensation procedures.
Structure and Main Provisions:
1. Sources of fund formation are defined (special state budget fund)
2. The procedure for using fund balances from previous periods is established
3. The mechanism for providing compensation through electronic services is detailed
4. Conditions for allocating funds for new construction and facility restoration are determined
5. A reporting and fund usage control procedure is established
Key Application Aspects:
– Compensation is provided only for objects registered in the State Damaged Property Registry
– Housing restoration funds can be used independently by the owner or through contractors
– Clear requirements for new housing construction for internally displaced persons are set
– The possibility of advance payments up to 30% of the cost for a period of up to 6 months is provided
– A system of monthly reporting and monitoring of fund usage is introduced
