LAW OF UKRAINE

of September 19, 2019 No. 112-IX

About introduction of amendments to some laws of Ukraine concerning enhancement of the procedure of carrying out financial restructuring

The Verkhovna Rada of Ukraine decides:

I. Make changes to the following laws of Ukraine:

1. Item 7 of the Section VII "Final provisions" of the Law of Ukraine "About banks and banking activity" (Sheets of the Verkhovna Rada of Ukraine, 2001, No. 5-6, of Art. 30; 2016, 32, the Art. 555) to exclude No.

2. In the Law of Ukraine "About protection of the economic competition" (Sheets of the Verkhovna Rada of Ukraine, 2001, No. 12, Art. 64; 2005, No. 26, Art. 348):

Article 1 to add 1) taking into account alphabetic procedure with the term of the following content:

"single property complex - all types of property which in total provide economic activity of the subject of managing, including the building, construction, the equipment, stock, raw materials, products, rights to claim, debts, and also the right to trademark or other designation and other rights, including the rights to the parcels of land, including complete property complex";

Part third of Article 22 to add 2) with Item 5 of the following content:

"5) acquisition in property bank or other financial institution of assets in the form of single property complex, share (shares, shares) of the subject of managing if such acquisition in property is provided by the restructuring plan approved according to the Law of Ukraine "About financial restructuring" by the address of collection regarding pledge (mortgage) or other security encumbrance, on condition of their subsequent alienation to the subjects of managing which are not connected by the control relations with this bank or with this financial institution within two years from the date of such acquisition in property";

The Section X "Final provisions" to add 3) with Items 4-1 - 4-3 such contents:

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