LAW OF UKRAINE

of July 9, 2010 No. 2478-VI

About modification of some legal acts of Ukraine concerning activities of the National Bank of Ukraine

The Verkhovna Rada of Ukraine decides:

I. Make changes to the following legal acts of Ukraine:

1. In the Law of Ukraine "About the National Bank of Ukraine" (Sheets of the Verkhovna Rada of Ukraine, 1999, N 29, Art. 238 with subsequent changes):

1) in Article 1:

and "last resort lender" state determination of the terms "monetary policy" in the following edition:

"Monetary policy - complex of actions in the field of the currency circulation and the credit aimed at providing stability of monetary unit of Ukraine for uses of the means and methods determined by this Law";

"The last resort lender - the National Bank of Ukraine which the bank for receipt of refinancing in case of exhaustion of other opportunities of refinancing can address";

after determination of the term "monetary policy" to add with determination of the following content:

"Monetary obligations - currency in the address, financial requirements to the National Bank of Ukraine, except for obligations of the National Bank of Ukraine to the Cabinet of Ministers of Ukraine and international financial institutions";

after determination of the term "metal accounts" to add with determinations of the following content:

"International standards of audit - the documents accepted by the International federation of accountants determining audit standards;

international accounting standards - the documents accepted by Council for international accounting standards determining accounting standards and financial accounting;

unrealized incomes / expenses - income / expenses from revaluation of financial assets and obligations, monetary gold and bank metals, and also income / expenses from purchase of foreign currency, monetary gold and bank metals if such transactions are performed not on the official exchange rate";

"the basic principles of monetary policy "exclude determination of the term;

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