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LAW OF UKRAINE

of June 25, 2009 No. 1563-VI

About scientific parks

(as amended on 16-10-2012)

This Law governs the legal, economic, organizational relations connected with creation and functioning of scientific parks and is directed to intensification of processes of development, implementation, production of innovative products and innovative products in the internal and external markets.

Section I. GENERAL PROVISIONS

Article 1. Determinations of terms

In this Law the following terms are used in such value:

the partnership agreement with the scientific park - the contract between the scientific park and subjects of housekeeping concerning conditions of participation of subjects of housekeeping in the course of development and project implementation of the scientific park;

founders of the scientific park - higher educational institution IV of level of accreditation (further - higher educational institution) and/or scientific institution and other legal entities who signed the foundation agreement about creation of the scientific park;

the scientific park - the legal entity who is created at the initiative of higher educational institution and/or scientific institution by consolidation of fees of founders for the organization, coordination, control of process of development and project implementation of the scientific park;

partners of the scientific park are the subjects of housekeeping which signed the partnership agreement with the scientific park;

the project of the scientific park - document package, data on the material, financial, personnel resources necessary for accomplishment by the scientific park and its partners of the project of the scientific park determining the procedure and complex of necessary actions concerning development, creation and realization of innovative product or innovative products and containing according to requirements of this Law.

Article 2. Legislation on the scientific park

The scientific park is created and is effective according to Economic and Civil codes of Ukraine, the laws of Ukraine "About the higher education", "About investing activities", "About scientific and scientific and technical activities", "About innovative activities", "About state regulation of activities in the field of transfer of technologies", other regulatory legal acts governing the relations in scientific and technical and innovative spheres taking into account the features provided by this Law.

Section II. ORGANIZATIONAL BASES of CREATION AND ACTIVITIES of the SCIENTIFIC PARK

Article 3. Purpose of creation of the scientific park

The scientific park is created for the purpose of development of scientific and technical and innovative activities in higher educational institution and/or scientific institution, the effective and rational use which is available in the scientific potential, material and technical resources for commercialization of results of scientific research and their implementation in the domestic and foreign markets.

Article 4. Functions of the scientific park

The main functions of the scientific park are:

creation of new types of innovative product, implementation of measures concerning their commercialization, the organization and providing the innovative products, knowledge-intensive, competitive in the domestic and foreign markets;

information and methodical, legal and consulting support of founders and partners of the scientific park, provision of the patent and licensed help;

involvement of students, graduates, graduate students, scientists and workers of higher educational institution and/or scientific institution to development and project implementation of the scientific park;

assistance to development and maintenance of small innovative business;

organization of preparation, retraining and advanced training of the specialists necessary for development and projects implementation of the scientific park;

attraction and use in the activities of the risk (venture) capital, maintenance of the knowledge-intensive production;

protection and representation of interests of founders and partners of the scientific park in public authorities and local government bodies, and also in the relations with other subjects of housekeeping during the organization and project implementation of the scientific park in the limits determined by constituent documents of the scientific park;

development of the international and domestic cooperation in the field of scientific and technical and innovative activities, assistance to attraction of foreign investments;

accomplishment of other functions which are not prohibited by the legislation of Ukraine.

Article 5. Constituent documents of the scientific park

1. The scientific park is created and acts on the basis of the foundation agreement and the charter, requirements to which are determined by this Law.

2. In the foundation agreement about creation of the scientific park obligations of founders to create the scientific park, procedure for their joint activities concerning its creation, conditions of transfer to the scientific park of property and intangible assets of founders taking into account the features established by this Law are determined.

3. In the charter of the scientific park names of the legal entity, the purpose, tasks and functions of the scientific park according to requirements of this Law, the information about the list of founders, the size and procedure for creation authorized and other capitals, procedure for profit distribution and losses, governing bodies of the scientific park, their competence, procedure for adoption of decisions by them, procedure for introduction to the scientific park and exit from it, the procedure for liquidation and other data answering to the legislation of Ukraine and this Law are specified.

Article 6. Restriction of activities of the scientific park

Within activities of the scientific park implementation of such types of activity as trade and intermediary activities, provision of services of household purpose, production and conversion of excise goods and others, not answering the purpose of the scientific park is not allowed.

Article 7. Creation of the scientific park

1. The decision on creation of the scientific park is made by his founders in coordination with the central executive body realizing state policy in the field of science and innovations according to the procedure, determined by the Cabinet of Ministers of Ukraine.

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