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RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of December 11, 2020 No. 158

About modification of the Instruction about procedure for regulation of activities of banks in Ukraine

According to Articles 7, of 15, of 55, 56 Laws of Ukraine "About the National Bank of Ukraine", to Articles 30, of 66, 67 Laws of Ukraine "About banks and banking activity", for the purpose of ensuring stable activities of banks and timely accomplishment of obligations to investors and other creditors by them the Board of the National Bank of Ukraine DECIDES:

1. Paragraphs of the eighth - the seventeenth the subitem "e" of Item 1.3 of Chapter 1 of the Section II of the Instruction on procedure for regulation of activities of banks in Ukraine approved by the resolution of Board of the National Bank of Ukraine of August 28, 2001 No. 368, registered in the Ministry of Justice of Ukraine on September 26, 2001 for No. 841/6032 (with changes) to state in the following edition:

"book value of assets (the non-current assets withheld for sale; the property which carried over bank as the pawnbroker; fixed assets) which are not used by bank when implementing the types of activity determined by article 47 of the Law of Ukraine "About banks and banking activity", the investment real estate (further - non-core assets), except:

the residential real estate received in property till December 30, 2021 (inclusive) which keeps no more than three years, and received in property till December 31, 2021 which keeps no more than two years;

other assets received in property till December 30, 2021 (inclusive) which keep no more than three years and received in property till December 31, 2021 which keep no more than one year.

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