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LAW OF UKRAINE

of May 15, 2003 No. 742-IV

About personal peasant economy

(as amended on 21-07-2020)

This Law determines legal, organizational, economic and social basis of maintaining personal peasant economy.

Article 1. Concept of personal peasant economy

The personal peasant economy is economic activity which is carried out without creation of the legal entity by physical person individually or the faces consisting in the family or related relations and jointly living for the purpose of satisfaction of personal needs by production, conversion and consumption of agricultural products, realization of its excesses and rendering services with use of property of personal peasant economy including in the field of rural green tourism.

Members of personal peasant economy perform activities at discretion and on the risk within the established legal economic order, observing requirements of this Law, the laws of Ukraine, other regulatory legal acts.

The activities connected with maintaining personal peasant economy do not belong to business activity.

Article 2. The legislation governing the relations connected with maintaining personal peasant economy

The relations connected with maintaining personal peasant economy are regulated by the Constitution of Ukraine, the Land code of Ukraine, the Civil code of Ukraine, this Law, the laws of Ukraine, other regulatory legal acts.

Article 3. Law coverage

Operation of this Law extends to physical persons to whom in the procedure established by the law the parcels of land for maintaining personal peasant economy are transferred to the possession or lease.

Article 4. Accounting of personal peasant economy

Personal peasant economy is subject to accounting.

Accounting of personal peasant economy is performed by village, settlement, city councils in the location of the parcel of land according to the procedure, determined by the central executive body providing forming of state policy in the field of statistics.

Article 5. Parcels of land of personal peasant economy

For maintaining personal peasant economy use the parcels of land the size no more 2,0 of hectare transferred to physical persons to the possession or lease according to the procedure, established by the law.

The size of the parcel of land of personal peasant economy can be increased when obtaining in nature (by areas) land share (share) and its inheritance by members of personal peasant economy according to the law.

The parcels of land of personal peasant economy can be property of one person, common joint property of spouses and common ownership of members of personal peasant economy according to the law.

The parcels of land of personal peasant economy can be used for maintaining personal peasant economy, commodity farm-production, farm.

Land shares (shares) can be allocated to members of personal peasant economy in nature (for areas) with single array in common ownership and common joint property (spouses) according to the law.

In case of exit from personal peasant economy each his member has the right to allocation of the parcel of land belonging to it in nature (to areas).

The citizens of Ukraine who exercised the right to bezoplatny privatization of the parcel of land for maintaining personal subsidiary farm in the amount of less 2,0 of hectare have the right to increase in the parcel of land within regulations, the stipulated in Clause 121 Land code of Ukraine for maintaining personal peasant economy.

Article 6. The property used for maintaining personal peasant economy

The parcels of land, apartment houses, economic constructions and constructions, agricultural machinery, stock and the equipment, vehicles, agricultural both pets and bird, bee colonies, long-term plantings, the made agricultural products, products of its conversion and other property acquired in property by members of economy in the procedure established by the legislation belong to the property used for maintaining personal peasant economy.

The property used for maintaining personal peasant economy can be property of one person, common equity or common joint property of his members according to the law.

The address of claim to property of the member of personal peasant economy is allowed only based on the judgment.

Article 7. Rights and obligations of members of personal peasant economy

Members of personal peasant economy have the right:

to independently conduct economy on the earth;

transfer the parcels of land of personal peasant economy to physical persons or legal entities to lease according to the law;

conclude personally or through the authorized person any transactions which are not contradicting the legislation. The capable member of personal peasant economy who reached 18 years can be the authorized person;

implement excesses of the made products in the markets, and also to procurement, processing enterprises and the organizations, other legal entities and physical persons;

to independently perform self-produced material logistics;

open accounts in organizations of banks and obtain the credits in the procedure established by the legislation;

be credit union members and use its services;

receive work pension, and also other types of public government assistance and subsidy in the procedure established by the law;

render services with use of property of personal peasant economy;

use in accordance with the established procedure for own requirements the popular minerals which are available on the parcel of land, peat, forest plantings, water objects, and also other useful properties of the earth according to the law;

on indemnification in the cases provided by the law;

it is free to dispose of the belonging property, the made agricultural products and products of its conversion;

receive consultative services;

take part in tenders of agricultural producers for receipt of budget support according to nation-wide and regional programs;

unite on a voluntary basis in production societies, associations, the unions for the purpose of coordination of the activities, rendering mutual assistance, protection of common interests, etc. according to the legislation of Ukraine;

carry out foreign economic activity in the procedure established by the law.

Members of personal peasant economy shall:

observe requirements of the land legislation and the legislation on environmental protection;

provide use of the parcel of land on purpose;

increase fertility of soils and keep other useful properties of the earth;

not violate the right of owners of the adjacent parcels of land and land users;

follow the rules of neighborliness and restriction connected with establishment of land easements and conservation zones;

to timely pay the land tax or the rent;

observe the existing standard rates on product quality, health, ecological and other requirements according to the legislation;

provide to village, settlement, city councils necessary data on their accounting.

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