Legislative Changes Digest:
1. The procedure for compensation payments for real estate destroyed as a result of war has been modified. A two-stage payment (50%+50%) has been introduced, where the first payment is provided after registering the termination of ownership rights and obtaining a construction permit, and the second payment is made after interim construction verification.
2. The term of special obligations in the gas market has been extended until October 31, 2025. New prices have been set: 18,000 UAH and 14,000 UAH per 1,000 cubic meters for different consumer categories. PJSC “Ukrnafta” has been included in the list of special obligation entities.
3. A mechanism for parallel import of medicines from EU and EFTA countries has been implemented. Requirements for parallel importers regarding licensing, labeling, and repackaging of medicines have been established. Retail sales of parallel imported medicines through pharmacies are prohibited.
4. A long-term development plan for Ukraine’s irrigation complex until 2050 has been approved. By 2030, it is planned to increase the irrigation area to 235,000 hectares, reconstruct 38 pumping stations and 66.2 km of canals. The total financing volume for the first stage is 4.6 billion UAH.
5. New additional remuneration rates have been set for management and instructor-teaching staff of military training units – from 15,000 to 30,000 UAH depending on position and qualification.
Review of each of legal acts published today:
On the Accounting Price of Banking Metals
This is an informational message from the National Bank of Ukraine regarding the accounting prices for banking metals.
1. Message Essence: The NBU establishes accounting prices for four types of banking metals (gold, silver, platinum, palladium) as of 02.04.2025. Prices are indicated per one troy ounce of each metal in hryvnias.
2. The message structure is simple – a table with metal codes (numeric and literal), their names, and accounting prices. An important disclaimer at the bottom indicates that the NBU does not undertake obligations to buy or sell metals at the specified prices.
3. Key Provisions:
– Gold (XAU) – 129,482.60 UAH/ounce
– Silver (XAG) – 1,400.86 UAH/ounce
– Platinum (XPT) – 40,912.10 UAH/ounce
– Palladium (XPD) – 40,696.14 UAH/ounce
The NBU publishes such quotations regularly for use by banks and other financial institutions when conducting operations with banking metals.
On the Official Exchange Rate of the Hryvnia to Foreign Currencies
This is an official message from the National Bank of Ukraine establishing exchange rates of foreign currencies relative to the hryvnia as of 02.04.2025.
The document structure is a table with official exchange rates for 42 currencies, where for each currency is indicated:
– Numeric currency code
– Literal currency code
– Number of currency units
– Full currency name
– Official exchange rate to hryvnia
Key Important Provisions:
1. US Dollar rate is set at 41.3730 UAH
2. Euro rate – 44.6084 UAH
3. Pound sterling rate – the highest among all currencies – 53.3463 UAH
4. The document contains a note that these rates are used for accounting and NBU operations with the State Treasury Service of Ukraine, but do not create obligations for the NBU to buy or sell currency at these rates.
Such rates are established by the NBU daily and serve as a reference for accounting calculations, customs payments, and other official settlements.
On Amendments to the Procedure for Providing Compensation for Destroyed Real Estate Objects
This resolution amends the procedure for compensation payments for real estate property destroyed as a result of war, particularly regarding the financing procedure for new residential house construction. The main essence of the changes is the introduction of a two-stage compensation payment (50% + 50%) and establishing clear conditions for receiving the second part of the payment.
Changes structure includes:
1. New order of payment queue formation through the Damaged Property Registry
2. Mechanism of two-stage compensation payment
3. Interim verification procedure for fund usage
4. Requirements for cost estimate documentation development
5. Funds usage terms (18 months for the first payment)
Key Provisions for Practical Application:
– First payment (50%) is provided after registering the termination of ownership rights to the destroyed property and obtaining construction permit
– Second payment (50%) – after conducting interim construction verification
– Mandatory development of cost estimate documentation regardless of construction work notification type
– Possibility of additional financing from other sources if estimated cost exceeds compensation amount
– Responsibility for non-targeted fund usage involves full compensation return
On Amending Item 19 of the Procedure for State Financing of Capital Construction
This resolution makes a technical amendment to the Procedure for State Financing of Capital Construction, extending the term for certain work execution.
Structurally, the resolution consists of one item amending the 62nd paragraph of item 19 of the base Procedure. Only the term is changed – instead of “31 March 2025” a new term “30 June 2025” is established.Here’s the translation of the provided text:
The proposal is to extend the term for works financed from the state budget within capital construction by 3 months – from the end of the first quarter to the end of the second quarter of 2025. This provides additional time for budget funds utilization and completion of planned construction works.
Some Issues of Using Funds from the “Restored Property and Infrastructure Fund”
The essence of the order is to allocate funds from the Restored Property and Infrastructure Fund for capital repair of the “Champion” stadium in Irpin, which was damaged as a result of Russian aggression. The amount of funds is 35.937 million hryvnias and is transferred to the Kyiv Regional State/Military Administration.
The document structure includes 6 points that define:
– the amount and direction of fund transfer
– the main fund administrator and the mechanism of their use
– changes to previous orders regarding housing restoration financing
– the procedure for budget amendments
– the mechanism for fund transfer
– requirements for returning unused funds
Key provisions for practical application:
1. Funds are directed to a specific object – the “Champion” stadium in Irpin
2. The Kyiv Regional State/Military Administration is designated as the main fund administrator
3. The department of regional development of the Kyiv Regional State Administration is the lower-level administrator
4. A clear mechanism for treasury service and reporting is established
5. Return of unused funds is provided for
(the document relates to the military period and restoration after destruction)
On Appointing O. Seliverstov as Head of the Novhorod-Siverskyi District State Administration of Chernihiv Oblast
This is a typical order of the President of Ukraine for appointing an official at the district level.
The essence of the act is to appoint Oleksandr Ivanovych Seliverstov as the head of the Novhorod-Siverskyi District State Administration of Chernihiv Oblast.
The document structure is simple and standard for such orders – consisting of a title, a brief content of the appointment, and details (date, place of signing, order number, and the President’s signature).
The main provision is the appointment of an official, which is carried out by the President of Ukraine in accordance with his constitutional powers to appoint heads of local state administrations upon submission by the Cabinet of Ministers of Ukraine.
On Approval of the Procedure for Registration of International Territorial Cooperation Agreements
This resolution establishes the procedure for registering agreements on international territorial cooperation of Ukraine with other states. The document defines the procedure for submission, review, and registration of such agreements by the Ministry of Communities and Territories Development of Ukraine. Technical changes are also made regarding the renaming of the ministry in various normative acts.
The document structure includes:
– The main resolution with 3 points
– The procedure for agreement registration (15 points)
– Two appendices with document forms
– Changes to the Regulation on Open Data Sets
Key provisions:
1. Only agreements whose drafts were previously coordinated with the Ministry of Development are subject to registration
2. For registration, a petition, information form, and a copy of the agreement are submitted
3. Review period is 15 working days
4. Grounds for registration refusal are provided
5. Changes to agreements are also subject to registration
6. Information about registered agreements is published in open access
7. Upon termination of the agreement, registration is canceled
The document establishes clear procedures and terms to ensure accounting and transparency of Ukraine’s international territorial cooperation.
On Amendments to the Regulation on Imposing Special Obligations on Entities
Here is the translation of the first text about the natural gas market:
On the Natural Gas Market to Ensure Public Interests in the Process of Gas Market Functioning
This resolution amends the regulation of the natural gas market in Ukraine, particularly regarding the special obligations of market participants. The main changes concern the extension of special obligations until October 31, 2025, and the establishment of new natural gas prices for different consumer categories.
The document structurally contains amendments to the existing Regulation on Special Obligations in the Gas Market. Key changes include:
– Inclusion of PJSC “Ukrnafta” in the list of special obligation subjects
– Extension of special obligations period from April 30 to October 31, 2025
– Establishment of new gas prices for different consumer categories
– Updating conditions for selling gas from own production by state-owned companies
The most important provisions for practical application:
1. New gas prices: 18,000 UAH per 1,000 cubic meters for some consumer categories, 14,000 UAH for others
2. Mandatory sale of own production gas by NAK “Naftogaz of Ukraine”:
– JSC “Ukrgazvydobuvannya” and SJSC “Chornomornaftogaz” at a price of 7,240 UAH/1,000 cubic meters
– PJSC “Ukrnafta” at a price of 12,000 UAH/1,000 cubic meters
3. Special conditions for gas turbine and gas piston installations depending on the energy production method
