LAW OF UKRAINE

of July 1, 2014 No. 1555-VII

About government assistance to subjects of managing

This Law establishes the legal basis of carrying out monitoring of government assistance to subjects of managing, control of admissibility of such help for the competition, aimed at providing protection and development of the competition, increase in transparency of functioning of system of government assistance and observance of the international obligations of Ukraine in the field of government assistance.

Section 1 General provisions

Article 1. Determination of terms

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

1) government assistance to subjects of managing (further - government assistance) - support in any form of subjects of managing at the expense of resources of the state or local resources which distorts or threatens with misstatement of the economic competition, creating benefits to production of separate types of goods or production of separate types of economic activity;

2) interested persons – suppliers and receivers of government assistance, the company, other legal entities and physical persons, their associations which interests can be affected from provision of government assistance;

3) individual government assistance - action of government assistance which is performed out of the program of government assistance and also the separate measures of government assistance performed within the program of government assistance, but are subject to the notification according to conditions of such program and this Law;

4) local resources - the personal and real estate, means of local budgets, other means, the earth, natural resources which are in property of territorial communities of villages, settlements, cities, areas in the cities the objects of their joint property which are in management of regional and regional councils the property belonging to the Autonomous Republic of Crimea control of which is exercised by Council of Ministers of the Autonomous Republic of Crimea;

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