The Committee on Judicial Policy recommends that the Parliament should recommit the draft law on amendments to article 1061 of the Civil Code of Ukraine (re calculation of interest on bank deposit, after the death of a depositor and until the day prior to the day of deposit return to the heir)

Information Department of the Verkhovna Rada of Ukraine Secretariat
26 September 2013, 14:54

The bill (Reg. No. 2567a) aims at protecting rights and interests of consumers-legal entities in their relations with banks when the heir receives a deposit of the deceased depositor. 

It is suggested supplement part five of article 1061 of the Civil Code of Ukraine with a provision, under which interests on the bank deposit are being calculated until the day, prior to the day of its return to the heir of such a depositor. 

Committee members believe that the legislative initiative is appropriate. However, certain provisions of the bill should be refined.