A Bill Amending The Law of Ukraine, 'On a Moratorium on the Alienation of Property in the Ownership of The Federation of Trade Unions of Ukraine', introduced by The Cabinet of Ministers, was Registered in The Verkhovna Rada of Ukraine

10 January 2008, 09:14

The Bill (Reg. No. 1085-1) aims to provide for the   implementation of measures during 2008, as envisaged by the existing Law, to prevent  any alienation of property in the ownership of The Federation of Trade Unions of Ukraine.

 

The Law, ‘On a Moratorium on the Alienation of Property in the Ownership of   The Federation of Trade Unions of Ukraine´ established, up until 1 January 2008, a Moratorium on the alienation of  Real Estate used for health-improvement and sports activities (sanatoria, hotels, tourist and sports centres, property complexes owned by the relevant enterprises and their divisions, individual buildings, structures, facilities, etc)  and  major capital goods  in the ownership of the Federation of Trade Unions of Ukraine, companies and other business entities, whose members (shareholders) or founder is The Federation of Trade Unions of Ukraine, together with shares of business entities, carrying out the relevant activities and being owned by The Federation of Trade Unions of Ukraine.

Also envisaged was  the setting up of a Work Panel by The Cabinet of Ministers, with the task of effecting an inventory of the relevant properties at each entity, documenting the legal basis for their ownership by The Federation of Trade Unions of Ukraine; establishing the shares belonging to The State, The Federation of Trade Unions of Ukraine, other Trade Unions and other business entities; confirming the legal basis for alienation of  property complexes, individual structures and other properties used for health-improvement and tourist purposes, carried out by the Close JSC Ukrprofozdorovnytsia, Close JSC Ukrpoftour, and The Federation of Trade Unions of Ukraine throughout 1994-2006, and taking steps to return these facilities to their rightful owners, in the event that any violations of Law are discovered.

 

The said Panel was set up on 26 April 2007.  However, as the Explanatory Note states, ‘due to opposition from The Federation of Trade Unions of Ukraine, the Panel has failed to fulfil the tasks with which it was charged´.

 

The Bill proposes to extend the Moratorium up to 2009.