LAW OF UKRAINE

of June 21, 2012 No. 5007-VI

About the prices and pricing

This Law determines the basic principles of price policy and governs the relations arising in the course of forming, establishment and use of the prices, and also implementation of the state control (supervision) and observation in the field of pricing.

Section I General provisions

Article 1. Determination of terms

1. In this Law terms are used in such value:

1) price fixation - approval (fixation) of level of the price;

Marginal 2) price - as much as possible or minimum admissible level of the price which can be applied by the subject of managing;

3) declaring of the change in price and/or registration of the price - informing managing by the subject in accordance with the established procedure bodies of state regulation and control (supervision) and observation in the field of pricing about intentions of establishment and use of the price differing from current;

4) surcharge - increase in the price of goods by the producer (supplier) during its sale (realization);

5) use of the price - sale (realization) of goods on stated price;

6) discount (the reducing coefficient) - reduction of the price of goods by the producer (supplier) during its sale (realization);

7) the standard rate of profitability - the level of profitability which is determined by the subject of managing during pricing. The limiting standard rate of profitability is its most admissible level which shall be considered by the subject of managing during price fixation of goods;

8) the deliverable and sales allowance (deliverable remuneration) - expense amount of the subject of managing which are connected with the address of goods and are performed in the course of its sale (realization) during receipt from the producer (supplier) on the corresponding goods market, and arrived. The limiting deliverable and sales allowance is its most admissible level which shall be considered by the subject of managing performing wholesale trade during price fixation of goods;

9) sale (realization) - economic activity during which exchange of goods for the equivalent expressed in cash or other type of compensation of its cost is performed;

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info