of May 19, 2015 No. 436-VIII
About features of implementation of transactions with the state, guaranteed by the state debt and local debt and the state derivatives and the state derivatives
This Law is aimed at providing economic safety of the state, protection of public concerns and interests of the state in connection with repayment and servicing of the state, guaranteed by the state debt and local debt, and also in connection with implementation of payments for the state derivatives.
Due to the transactions with public debt on the state external borrowings and the debt guaranteed by the state on external credits (loans) according to the list according to appendix 1 or appendix 2 to this Law by exchange, change of conditions, release and sale of the corresponding debt obligations the Cabinet of Ministers of Ukraine has the right till October 1, 2024 to make the decision on temporary suspension of implementation of payments on all or some corresponding debt obligations or warranty obligations of the state of rather corresponding debt obligations. Temporary suspension of implementation of payments is entered on each debt obligation or the warranty obligation of the state of rather corresponding debt obligations for a period of up to making of such transaction (transactions) and change of conditions of the corresponding borrowing concerning all creditors.
Due to the transactions with the debt guaranteed by the state on external credits (loans) according to the list according to appendix 4 to this Law by change of conditions of debt obligations the Cabinet of Ministers of Ukraine has the right till October 1, 2025 to make the decision on temporary suspension of implementation of payments according to warranty obligations of the state of rather corresponding debt obligations. Temporary suspension of implementation of payments is entered according to the warranty obligation of the state of rather corresponding debt obligations for a period of up to making of such transaction (transactions) and change of conditions of the corresponding borrowing concerning all creditors.
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