The Law sets the responsibility for the damage inflicted by the product defect. The fundamental tasks of the Law are: harmonization of the Ukrainian legislation with the European Unions norms on responsibility for the defect products; implementation of the European principle of responsibility without producer´s fault for the damage inflicted by the product defect; provision of effective balance between the responsibility of the producer to recover damage inflicted by the defect in the product put into circulation and the right of the consumer of the respective product for the compensation.
The Law amends the applicable order of recovering the damage inflicted by the product defects that are movable property.
The Law enlarges the register of reasons for exemption and reduction of responsilbity of the producer for the damage inflicted by the product defect.
The draft is registered under Reg. No. 7408.