of March 23, 2017 No. 1976-VIII
About the Ukrainian cultural foundation
This Law determines legal, organizational, financial basis of activities of the Ukrainian cultural foundation which purpose of creation is assistance to cultural development and arts of Ukraine, providing favorable conditions for development of intellectual and spiritual potential of the personality and society, broad access for citizens to national cultural property, support of cultural diversity and integration of the Ukrainian culture into world cultural space.
1. The Ukrainian cultural foundation is budgetary institution which performs the special functions provided by this Law on assistance national culturally to development of Ukraine. Activities of the Ukrainian cultural foundation go and coordinated by the central executive body which provides forming and realizes state policy in spheres of culture and arts.
2. The Ukrainian cultural foundation is legal entity of the public law, has the isolated property which is object of the right of state-owned property and is in operational management of the Ukrainian cultural foundation.
The Ukrainian cultural foundation has separate balance, the seal and stamp.
The Ukrainian cultural foundation is the non-profitable organization, features of creation, activities, the termination and which legal status are determined taking into account the features established by this Law.
3. In the activities the Ukrainian cultural foundation is guided by the Constitution of Ukraine and the legislation of Ukraine and acts on the basis of the Regulations on the Ukrainian cultural foundation which affirms the central executive body which provides forming and realizes state policy in spheres of culture and arts.
4. The location of the Ukrainian cultural foundation - the city of Kiev.
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