LAW OF UKRAINE

of June 7, 2012 No. 4912-VI

About introduction of amendments to the Law of Ukraine "About the state guarantees of recovery of savings of citizens of Ukraine"

The Verkhovna Rada of Ukraine decides:

I. Bring in the Law of Ukraine "About the state guarantees of recovery of savings of citizens of Ukraine" (Sheets of the Verkhovna Rada of Ukraine, 1997, No. 8, the Art. 60, Art. 61; 1998, No. 35, Art. 240; 2008, Art. No. No. 5-8, 78) such changes:

1. State Article 1 in such edition:

"Article 1. Based on this Law obligations of the state to citizens of Ukraine who as a result of depreciation lost the cash savings placed in the period till January 2, 1992 in the organizations of Savings bank of the USSR and national insurance of the USSR operating in the territory of Ukraine and also in the government securities acquired in the organizations of Savings bank of the USSR operating in the territory of Ukraine including the bond of the State target non-interest loan of 1990, the bond of the State internal premium bonds of 1982, the state treasury obligations of the USSR, certificates of Savings bank of the USSR are established.

Compensations are subject also cash savings of citizens of Ukraine placed in organizations of Savings bank of Ukraine and the former Ukrgosstrakh during 1992-1994 and which were on accounts of the specified organizations it is at least one complete calendar year during 1992-1995.

Operation of this Law extends to foreign citizens and persons without citizenship who condition for January 2, 1992 had savings in the organizations of Savings bank of the USSR and national insurance of the USSR operating in the territory of Ukraine".

2. Article 6 - 8 to state in such edition:

"Article 6. Compensation to citizens of Ukraine of losses from depreciation of cash savings is carried out since 1997 in cash at the expense of means of the Government budget of Ukraine and other forms according to the legislation.

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