Adopted as a basis the draft law on Amendments to the Law of Ukraine "On Political Parties in Ukraine" on Improving the Legal Regulation of Financing the Activities of Political Parties

Information Department of the Verkhovna Rada of Ukraine Secretariat
17 June 2021, 14:50


Adopted as a basis the draft law No. 5253-1 on Amendments to the Law of Ukraine "On Political Parties in Ukraine" on Improving the Legal Regulation of Financing the Activities of Political Parties.
The purpose of the draft Law of Ukraine is to improve the procedures for suspending and terminating state funding of the statutory activities of political parties, as well as to eliminate the uncertainty of some other provisions on the financing of political parties.
Adoption of the bill will:
 1) ensure compliance with the principle of legal certainty in the legal regulation of financing the activities of political parties;
2) improve the procedure for suspending and terminating state funding of the statutory activities of political parties;
 3) ensure the transparency of the decision-making process and their proper validity;
 4) help increase the effectiveness of preventing political corruption.