of March 6, 1992 No. 2173-XII
About privatization papers
This Law determines concepts and types of privatization papers, conditions and procedure for their release, placement among citizens of Ukraine, accounting, use and repayment.
1. Privatization papers are special type of the government securities certifying the owner's right to non-paid obtaining in the course of privatization of share of property of the state companies, the state housing stock, land fund.
Privatization papers can be only nominal.
2. The procedure for release and the circulation of privatization papers is determined by this Law, other acts of the legislation of Ukraine.
3. Privatization papers have the following details: record about paper belonging to Ukraine; the name of the body which issued paper; specifying of type of privatization paper, series and sequence number; date of issue and term of use; nominal rate of privatization paper in cost, estimated proceeding from replacement cost of the privatized property, and (or) natural expression, or in conventional units; surname, name, middle name and the residence of the owner, data on the document proving his identity; the signature of the head of the issuer or other representative on it faces, seal of the organization which issued paper.
Privatization papers also contain information on conditions and procedure for their use and on the owner's rights.
4. For release of privatization papers forms of special sample which affirm the National Bank of Ukraine are used.
Release of privatization papers can be performed in the form of non-cash deposits.
1. In property of privatization papers the citizens of Ukraine living on its territories living or temporarily staying beyond its limits on official matters during the period determined by the State program of privatization have the right.
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