DECISION OF THE NATIONAL COMMISSION ON SECURITIES AND STOCK MARKET OF UKRAINE

of October 18, 2017 No. 774

About approval of the Procedure for maintaining the register of the issued bills of exchange

According to article 10 of the Law of Ukraine "About the circulation of bills of exchange in Ukraine", to Item 13 of article 8 of the Law of Ukraine "About state regulation of the security market in Ukraine" the National commission on securities and the stock market RESHILA:

1. Approve the Procedure for maintaining the register of the issued bills of exchange which is applied.

2. Declare invalid the decision of State commission on securities and the stock market of July 03, 2003 No. 296 "About approval of the Procedure for maintaining the register of the issued bills of exchange", registered in the Ministry of Justice of Ukraine on August 13, 2003 for No. 708/8029 (with changes).

3. And corporate finances to provide to corporate management department submission of this decision on state registration in the Ministry of Justice of Ukraine.

4. This decision becomes effective from the date of its official publication.

5. To provide to department of information technologies promulgation of this decision on the official website of the National commission on securities and the stock market.

6. To provide to management of international cooperation and communications publication of this decision in the official printing publication of the National commission on securities and the stock market.

7. Control over the implementation of this decision to assign to the member of the National commission on securities and the stock market A. Panchenko.

Approved by the Decision of the National commission on securities and the stock market of Ukraine of October 18, 2017, No. 774

Procedure for maintaining the register of the issued bills of exchange

1. This Procedure regulates structure, procedure and terms of entering of information into the register of the issued bills of exchange and provision of the relevant information to the bill holder.

2. The register of the issued bills of exchange (further - the Register) - data set on papers and/or in electronic form about the drafts and promissory notes issued by the drawer (drawer).

The statement from the register of the issued bills of exchange - information containing in the register for certain accounting period and/or information on separately issued to the bill of exchange (bills of exchange).

3. The register is kept by the drawer (drawer).

4. The drawer (drawer) constitutes the Register which form is given in appendix to this Procedure.

The drawer shall enter in the Register information concerning creation of the bill of exchange, payment, repayment of delay, prolongation, protest in non-payment of the bill of exchange and the other information provided by the Register form no later than 3 working days from the date of making of the corresponding action or approach of event.

5. The register is kept in Ukrainian in chronological procedure in process of emergence of the facts of issue of the translated and/or promissory note. In case of maintaining the Register in paper form it shall be stitched, sheets - are numbered, the number of sheets shall be certified of the Register by the signature of the head of the drawer - for legal entities or the signature of the drawer - for physical persons.

In case of maintaining the Register electronically the drawer (drawer) shall provide if necessary its seal on paper. The unpacked paper form of the Register shall be stitched, sheets - are numbered, the number of sheets shall be certified of the Register by the signature of the head of the drawer - for legal entities or the signature of the drawer - for physical persons.

When maintaining the Register electronically the drawer (drawer) shall provide such conditions of its maintaining under which information from the Register will be available only to reading and which will make impossible entering of any changes into the Register. Copies of electronic massifs (files) shall be stored in other rooms and be updated systematically for date of accounts presentation.

For identification of information of rather legal and/or physical entities - nonresidents which is entered in the Register additional specifying of this information in language of the state in which the nonresident is registered is allowed.

6. Corrections in the Register are not allowed.

7. For the purpose of ensuring proper maintaining the Register the head of the drawer (drawer) - the legal entity the order designates person responsible for maintaining the Register.

8. The drawer (drawer) shall take all necessary measures for prevention of the unauthorized and hidden correction of entries in the Register and provide its proper storage during fixed term.

9. The storage duration the Register cannot be less, than the term of bills of exchange, information on which in it is placed. If for date of accounts presentation all bills of exchange in the Register are already extinguished, such Register can be considered as finished and remains during the term established by the legislation.

In case of liquidation of the drawer (drawer) - the legal entity Reestr is subject to transfer on storage together with other documents according to the procedure, established by the legislation.

10. On the written request of the legal bill holder the drawer shall provide the statement from the Register in which all information containing in the Register concerning it (these) the bill of exchange (bills of exchange) on the date of issue of the statement (information) is specified.

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