The Verkhovna Rada of Ukraine adopted the law “On Amendments to the Budget Code of Ukraine” (re money means received from using (implementing) the state part of actual production, under the production sharing agreements)

Information Department of the Verkhovna Rada of Ukraine Secretariat
05 November 2013, 13:21

 Under the law:

money means received from the use (implementation) of the state part of goods manufactured are allocated in the following proportion: 90% - to the state budget, 10% - to the local budgets (apart from revenues received from the actual production within the continental shelf and exclusively from the sea (economic) zone, that are allocated to the state budget fund in full);   

10% of the respective money means are allocated to the local budgets, are included into the development budget and are allocated between the local budgets of administrative and territorial units on the territory of which the respective land plot is located

main provisions of the law come into force on January 1, 2014.

The respective bill was registered under No. 3295-1.