Document from CIS Legislation database © 2003-2018 SojuzPravoInform LLC

It is registered

in the Ministry of Justice

Ukraine

On August 4, 2003 No. 666/7987

ORDER OF THE MINISTRY OF ECONOMY AND EUROPEAN INTEGRATION OF UKRAINE

of July 21, 2003 No. 195

About approval of the Instruction about determination of repayment periods of the soft long-term loans granted to young families and lonely young citizens on acquisition of housing

(In edition of the Order of the Ministry of Economics of Ukraine N390 of 16.11.2007)

According to Item 28 of the Regulations on procedure for provision of soft long-term loans I ORDER to young families and lonely young citizens on construction (reconstruction) and acquisition of housing approved by the resolution of the Cabinet of Ministers of Ukraine of May 29, 2001 N 584,:

1. Approve the instruction about determination of repayment periods of the soft long-term loans granted to young families and lonely young citizens on acquisition of housing which is attached.

2. To management of economy of housing and communal services together with legal department to perform state registration of this order in the Ministry of Justice of Ukraine.

3. To impose control of execution of this order on the director of the department of human development Mykhaylychenko K. M.

 

Acting minister V. Pershin

Approved by the Order of the Ministry of Economy and European Integration of Ukraine of July 21, 2003 No. 195

The instruction about determination of repayment periods of the soft long-term loans granted to young families and lonely young citizens on acquisition of housing

1. This instruction establishes procedure for determination of repayment periods of the soft long-term loans granted to young families and lonely young citizens on acquisition of housing according to Regulations on procedure for provision of soft long-term loans to the young families and lonely young citizens on construction (reconstruction) and acquisition of housing (further the Provision) approved by the resolution of the Cabinet of Ministers of Ukraine of May 29, 2001 N584.

2. According to Provision Item 16 the repayment period of the soft long-term loan granted to young families and lonely young citizens on acquisition of housing cannot exceed 30 years, but cannot be more, than before achievement by the senior from spouses of retirement age (55 years for women, 60 years for men).

3. The repayment period of the soft long-term loan granted to young families and lonely young citizens on acquisition of housing (further - the credit), is calculated so:

Формула 1 к Приказу от 21.07.2003 года №195

where:

Repayment t - loan repayment period, in quarters;

V - credit, UAH;

K - size of quarter payment, UAH.

4. The loan amount is determined by regional department of the State fund of assistance to youth housing construction (further - Fund), proceeding from the normative area, expert evaluation and the size of the first fee of the borrower taking into account requirements of Item 20 of the Provision, thus:

Формула 2 к Приказу от 21.07.2003 года №195

where:

V - loan amount, UAH;

V - the cost of the area of housing within normative, UAH;

1

V - size of the first fee of the borrower, UAH;

2

5. The size of quarter payment on account of loan repayment without the amount of interests on credit is determined by regional department of Fund and the borrower. At the same time the minimum size of quarter payment which is paid by the borrower is installed by board of Fund separately for the city and rural settlements at the beginning of year based on data analysis provided by regional departments of Fund for last year.

6. The loan repayment period specified in the credit agreement cannot exceed the term calculated according to the procedure, established by this Instruction.

 

Full text available with active License only!

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 38000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.