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RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE

of February 20, 2006 No. 167

About approval of the Procedure for carrying out in 2006 auctions for sale of special permissions to use of natural resources

The Cabinet of Ministers of Ukraine decides:

Approve the Procedure for carrying out in 2006 for auctions for sale of special permissions to use of natural resources which is applied.

 

Prime Minister of Ukraine Yu. EKHANUROV

Approved by the resolution of the Cabinet of Ministers of Ukraine of February 20, 2006, No. 167

Procedure for carrying out in 2006 auctions for sale of special permissions to use of natural resources

1. This Procedure determines the procedure of sale at auctions of special permissions to use of natural resources in borders of the territory of Ukraine, its continental shelf and exclusive (sea) economic zone (further - permissions).

2. Terms which are used in this Procedure have the following values:

auction - method of sale of special permissions to use of natural resources by tendering;

the agreement of purchase sale - the agreement signed between the organizer and the winner of auction on which the organizer of auction provides permission to use of natural resources to his winner and the winner pays to the organizer of auction the price offered them at auction;

permission - the document for right to use by the subsoil plot with the purpose noted in it issued to the subject of housekeeping according to the procedure determined by the legislation;

bid increment - the allowance established by regulations of auction on which in the course of the biddings the initial and each offered during trading permission selling price raises;

the packet of auction documentation - documentation which contains data on the subsoil plot permission to use of which is offered for auction (its name and coordinates, the location, general information about geological structure), qualification requirements to buyers, projects of permission and the agreement on conditions of use of the subsoil plot, the copy of this Procedure and the regulations of holding auctions;

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