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LETTER OF THE PUBLIC TREASURER SERVICE OF UKRAINE

of December 29, 2012 No. 17-09/2624-8

The public treasurer service of Ukraine within competence reports.

The part two of Article 71 of the Budget code of Ukraine provides that fees of authorities of the Autonomous Republic of Crimea and local government bodies in the authorized capital of the subject of managing belong to expenses of the budget of development of local budgets.

According to article 26 of the Law of Ukraine "About local self-government in Ukraine" only on the plenary sessions of village, settlement, city council issues, in particular, of decision making concerning transfer of means from the corresponding local budget, are resolved of creation, liquidation, reorganization and reshaping of the companies, organizations and organizations of utility property of the corresponding territory of bulk.

By article 78 of the Economic code of Ukraine it is determined that the municipal unitary enterprise is formed by competent authority of local self-government in the ordering procedure based on the isolated part of utility property and falls within the scope of its management.

The authorized capital of municipal unitary enterprise is formed by body to which management sphere it belongs. The size of the authorized capital of municipal unitary enterprise is determined respectively by local council.

According to article 87 of this Code the deposit amount of founders and members of economic society constitutes the authorized capital of society.

Society has the right to change (to increase or reduce) the size of the authorized capital according to the procedure, established by this Code and the law adopted according to it.

By article 16 of the Law of Ukraine "About economic societies" it is determined that the decision on change of the size of the authorized (share) capital of society becomes effective from the date of entering of such changes into the Unified State Register of Legal Entities and physical litspredprinimatel.

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