of September 16, 2020 No. 895-IX
About modification of some legal acts of Ukraine concerning the moratorium on collection of the property of citizens of Ukraine provided as providing foreign currency loans
The Verkhovna Rada of Ukraine decides:
I. Make changes to such legal acts of Ukraine:
1. In paragraph four of Item 2 of the Section "Final and Transitional Provisions" of the Code of Ukraine on insolvency proceedings (2019, No. 19, the Art. 74) the words "in one year" shall be replaced with words sheets of the Verkhovna Rada of Ukraine "eighteen months".
2. In the Law of Ukraine "About the moratorium on collection of the property of citizens of Ukraine provided as providing foreign currency loans" (Sheets of the Verkhovna Rada of Ukraine, 2014, No. 28, to Art. 940; 2015, No. 43, Art. 386):
Item 1 to state 1) in the following edition:
"1. During operation of this Law:
1) collection (aloof without the consent of the owner) the property carried to objects of housing stock (further - real residential estate), object of incomplete housing construction, property rights on it which is mortgage subject according to article 5 of the Law of Ukraine "About mortgage" cannot be compulsorily turned if such property / object of incomplete housing construction / property rights act as ensuring obligation fulfillment of physical person (the borrower or the property guarantor) on the loans granted to it by credit institutes - residents of Ukraine in foreign currency and provided that:
such real residential estate is used as the permanent address of the borrower / the property guarantor or is object of incomplete housing construction provided that the borrower or the property guarantor in property have no other real residential estate; or
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