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RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE

of April 14, 2004 No. 469

About approval of the Procedure for use of funds of the government budget which are allocated for loan granting for implementation of transactions on financial leasing of the aircraft equipment

According to article 27 of the Law of Ukraine "About the Government budget of Ukraine for 2004" the Cabinet of Ministers of Ukraine decides:

Approve the Procedure for use of funds of the government budget which are allocated for loan granting for implementation of transactions on financial leasing of the aircraft equipment which is applied.

 

Prime Minister of Ukraine V. Yanukovych

Approved by the resolution of the Cabinet of Ministers of Ukraine of April 14, 2004, No. 469

Procedure for use of funds of the government budget which are allocated for loan granting for implementation of transactions on financial leasing of the aircraft equipment

1. This Procedure determines the mechanism of use of the means provided in the government budget on loan granting for implementation of transactions on financial leasing of the aircraft equipment of national production (further - means of the government budget).

2. Receiver of means of the government budget is the leasing company (further - the company) determined by Ministry of Transport on the competitive beginnings.

The procedure and conditions of carrying out tender affirm Ministry of Transport.

3. Ministry of Transport signs with the company the agreement concerning use of means of the government budget in which, in particular, are determined procedure for provision and return of means, obligations of the parties.

4. Money transfer of the government budget is performed according to procedure for its cash accomplishment on expenses.

5. Return of means of the government budget is performed according to the schedule applied).

In case of assignment not in full the schedule is subject to the corresponding adjustment by the Ministry of Finance.

6. Leasing recipients are determined by the company on the competitive beginnings.

The compulsory provision of determination of the winner is absence at the potential leasing recipient of overdue debt on tax payment and charges (obligatory payments) for the beginning of the current financial year and on the last reporting date.

7. Use of means of the government budget is performed according to:

the delivery agreements (purchase and sale) of the aircraft equipment signed between the company and manufacturers of the aircraft constructing industry or suppliers;

the agreements of financial leasing of the aircraft equipment signed between the company, leasing recipients and manufacturers of the aircraft constructing industry or suppliers.

8. Agreements of financial leasing of the aircraft equipment which provide attraction of financial resources of both the government budget, and other means are subject to registration by Ministry of Transport.

9. Control of use of means of the government budget and submission of the reporting concerning their use is performed by Ministry of Transport and other state bodies according to the legislation.

Appendix

to the Procedure

The schedule return of funds of the government budget which are allocated for loan granting for implementation of transactions on financial leasing of the aircraft equipment

+-----------------------------------------------------------------+
¦    Срок возвращения, год  ¦   Объем средств, тыс. гривень       ¦
+---------------------------+-------------------------------------¦
¦            2005           ¦              7 800                  ¦
¦            2006           ¦              7 800                  ¦
¦            2007           ¦              7 800                  ¦
¦            2008           ¦             10 800                  ¦
¦            2009           ¦             10 800                  ¦
¦            2010           ¦             10 800                  ¦
¦            2011           ¦             10 800                  ¦
¦            2012           ¦             10 800                  ¦
¦            2013           ¦             10 800                  ¦
¦            2014           ¦             10 800                  ¦
¦            2015           ¦             10 800                  ¦
¦            2016           ¦             13 200                  ¦
¦            2017           ¦             13 200                  ¦
¦            2018           ¦             13 800                  ¦
+-----------------------------------------------------------------+

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