The Law determines conditions and procedure for securing access to information on the use of public funds by administrators and recipients of state and local budget funds, economic entities of state and communal ownership, as well as mandatory state social insurance funds.

It is established, in particular, that information released in line with this Law shall be prepared by administrators and recipients of State Budgets funds of Ukraine; budget of the Autonomous Republic of Crimea and local budgets; bodies of Pension Fund; enterprises; as well as mandatory state social insurance funds. These bodies shall submit the information to post it on the single web portal for the use of public funds.

The single web portal for the use of public funds shall be administered by the subject authorized by the Cabinet of Ministers of Ukraine. The procedure of administration of the single web portal for the use of public funds shall be approved by the Cabinet of Ministers of Ukraine.

The respective bill was registered under No. 0949.

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