LAW OF UKRAINE

of July 15, 2021 No. 1662-IX

About introduction of amendments to the Law of Ukraine "About enforcement proceeding" on creation of conditions for agreement performance about dispute settlement (voluntary settlements) concluded between the foreign subject and the state of Ukraine

The Verkhovna Rada of Ukraine decides:

I. Introduce in the Law of Ukraine "About enforcement proceeding" (Sheets of the Verkhovna Rada of Ukraine, 2016, No. 30, Art. 542 with subsequent changes) the following changes:

1. The fourth articles 4 after the paragraph of the twelfth to add part with the new paragraph of the following content:

"12) in accordance with the terms of the agreement on dispute settlement (voluntary settlement) signed between the foreign subject and the state of Ukraine at any stage of dispute settlement or consideration of the case including stage of recognition and execution of the decision, the executive document is not subject to execution, or the obligations assigned by the executive document to the debtor are subject to the termination, irrespective of date of the conclusion of such agreement".

With respect thereto the thirteenth and fourteenth to consider paragraphs respectively paragraphs the fourteenth and fifteenth.

2. The seventh Article 9 to state part in the following edition:

"7. The information about the debtor is excluded from the Unified register of debtors along with pronouncement of the resolution on the termination of enforcement proceeding, return of the executive document to the claimant based on Items 1, of 3, 11 parts one of article 37 of this Law or the resolution provided by part four of article 40 of this Law or in day of establishment by the contractor of the fact of absence of debt according to executive documents on collection of periodical payments".

3. Add Article 27 with part ten of the following content:

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