Essence of the Law:
The law strengthens liability for violations of requirements regarding the disclosure of information about the use of public funds. Specific penalties are established for non-disclosure, untimely disclosure, or disclosure of inaccurate information about the use of public funds. The powers of state financial control bodies are expanded to verify compliance with these requirements.
Structure and Main Changes:
1. Amendments are made to the Code of Administrative Offenses regarding the terms of imposing administrative penalties and the amount of fines
2. The list of information that cannot be restricted in access is expanded
3. The powers of state financial control bodies are clarified
4. Amendments are made to a number of laws regarding access to personal data and the demographic register
5. The storage period for information on the use of public funds is increased from 3 to 5 years
Key Provisions:
– Fines for violations range from 50 to 70 non-taxable minimum incomes of citizens, for repeated violations – from 70 to 100
– Heads of budget funds administrators and recipients are liable
– Bringing to responsibility is a basis for conducting inspection
– An obligation is established to provide information to financial control bodies within 5 working days
– The powers of financial control bodies are expanded regarding access to information and personal data
