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Ministry of Justice of Ukraine

July 3, 2000 

No. 378/4599

RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of April 27, 2000 No. 179

About approval of the Regulations on procedure for opening of privatization deposit accounts by housing checks and implementation of payments from them

(The last edition from 15-01-2018)

According to part 4 of article 4 of the Law of Ukraine "About privatization papers", article 56 of the Law of Ukraine "About the National Bank of Ukraine", and also considering requirements of the current legislation concerning privatization, the Board of the National Bank of Ukraine decides:

1. Approve Regulations on procedure for opening of privatization deposit accounts by housing checks and implementation of payments from them it (is applied).

2. (V. M. Kravets) to provide to department of payment systems bringing above-mentioned Provision to permission Crimean republican, territorial and across Kiev and Kiev region of managements of the National Bank of Ukraine and "Government Savings Bank of Ukraine" open joint stock company (daleesberegatelny bank of Ukraine) for use in work.

3. Declare invalid the Regulations on procedure for opening of privatization deposit accounts and implementation from them of payments approved by the order of the National Bank of Ukraine of 15.03.93 No. 30 (with changes).

4. To impose control of execution of this resolution on Department of payment systems.

5. The resolution becomes effective in 10 days after state registration in the Ministry of Justice of Ukraine.

Chairman
V. S. Stelmakh

Approved by the Resolution of Board of the National Bank of Ukraine of April 27, 2000 No. 179

Regulations on procedure for opening of privatization deposit accounts by housing checks and implementation of payments from them

This Provision is developed according to part 4 of article 4 of the Law of Ukraine "About privatization papers", article 56 of the Law of Ukraine "About the National Bank of Ukraine", the Law of Ukraine "About privatization of the state housing stock", resolutions of the Cabinet of Ministers of Ukraine of 26.04.93 No. 305 "About release into the stream of commerce of privatization housing checks", of 27.04.94 No. 248 "About indexation of nominal value of housing checks", other regulatory legal acts and regulates question of opening of privatization deposit accounts and implementation of payments from them for the purpose of privatization of the state housing stock.

1. General provisions

1.1. Housing checks are the privatization papers certifying the owner's right to bezoplatny obtaining in the course of privatization of share of the state housing stock.

Payments for the acquired subjects to privatization are made from privatization deposit accounts into which all-in nominal value of housing checks of citizens who have the right to privatization of the state housing stock belonging to them according to the current legislation is enlisted.

1.2. Interests of incapacitated it is also limited capable citizens concerning opening of deposit accounts their legal representatives, guardians and custodians represent according to the current legislation of Ukraine.

The interests of minors when implementing transactions on the deposit account are represented by their parents or legal representatives according to the current legislation.

1.3. The client can perform transactions on deposit accounts as personally, and through the representative. The representative of the client is person having written power - the power of attorney which is notarially attested and drawn up according to the current legislation. The power of attorney grants the right to the authorized representative of the client to represent its interests in organization of Savings bank of Ukraine and to perform transactions on deposit accounts only for benefit of the client.

Money transfer from deposit accounts is by proxy performed in accordance with the established procedure.

1.4. Certificates of implementation of transactions on deposit accounts are issued only to clients, their legal representatives and public institutions which have the right to it according to the current legislation.

2. Procedure for opening of privatization deposit accounts

2.1. For use of means of privatization deposit accounts the citizen of Ukraine addresses to organization of Savings bank of Ukraine (further - organization of bank) in the place of residence where there are lists of citizens which are constituted by local councils.

2.2. Organizations of bank open the deposit account at par value of the housing check in the presence of the privatization payment order which is written out by privatization authority (appendix 1).

The privatization payment order is document, confirmatory that the citizen of Ukraine or person who has on this power (further - the client) charges to organization of bank to make transfer of the proper amount from the deposit account into the off-balance account of the corresponding off-budget fund of privatization.

Dividends or percent on housing checks are not charged.

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