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RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE

of August 20, 2014 No. 375

About approval of the Regulations on the Ministry of Finance of Ukraine

(as amended on 15-07-2020)

Cabinet of Ministers of Ukraine decides:

Approve Regulations on the Ministry of Finance of Ukraine which are applied.

Prime Minister of Ukraine

A. P. Yatsenyuk

Approved by the Resolution of the Cabinet of Ministers of Ukraine of August 20, 2014 No. 375

Regulations on the Ministry of Finance of Ukraine

1. The Ministry of Finance of Ukraine (Ministry of Finance) is the central executive body which activities go and coordinated by the Cabinet of Ministers of Ukraine.

The Ministry of Finance is principal organ in system of the central executive bodies which provides forming and realizes the state financial, budget and debt policy, state policy in the sphere of the interbudget relations and local budgets, state policy in the sphere of the state assay control, financial accounting and audit, release and carrying out lotteries, and also provides forming and realization of state policy in the sphere of control of observance of the budget legislation, the state financial control, the state internal financial control, treasurer servicing of budgetary funds, means of clients according to the legislation, prevention and counteractions of legalization (washing) of income gained in the criminal way, to financing of terrorism and financing of distribution of weapons of mass destruction provides forming of state policy in the sphere of the organization and control of production of securities, documents of the strict reporting and provides forming and realization of single state tax, customs policy, state policy on administration of single fee on obligatory national social insurance, state policy in the sphere of fight against offenses in case of application of the tax and customs legislation, state policy in the sphere of control of transfer pricing, and also legislations concerning payment of single fee, state policy in the sphere of production, production, use and storage of precious metals and gemstones, gemstones of organogenic education and semiprecious stones, their address and accounting.

2. The Ministry of Finance in the activities is guided by the Constitution and the laws of Ukraine, presidential decrees of Ukraine and resolutions of the Verkhovna Rada of Ukraine accepted according to the Constitution of Ukraine and the laws of Ukraine, acts of the Cabinet of Ministers of Ukraine, other acts of the legislation.

3. The main objectives of the Ministry of Finance are:

1) ensuring forming and realization of the state financial budget and debt policy, state policy in the sphere of the interbudget relations and local budgets, state policy in the sphere of the state assay control, financial accounting, release and carrying out lotteries;

2) ensuring forming and realization of state policy in the sphere of control of observance of the budget legislation, the state financial control, the state internal financial control, treasurer servicing of budgetary funds, means of clients according to the legislation, prevention and counteractions of legalization (washing) of income gained in the criminal way, to financing of terrorism and financing of distribution of weapons of mass destruction;

3) provides forming and realization of single state tax and customs policy, state policy on administration of single fee on obligatory national social insurance, state policy in the sphere of fight against offenses in case of application of the tax and customs legislation, the state financial policy in the sphere of cooperation with foreign states, foreign financial institutions and international financial institutions, and also legislations concerning payment of single fee, state policy in the sphere of production, production, use and storage of precious metals and gemstones, gemstones of organogenic education and semiprecious stones, their address and accounting;

3-1) ensuring forming of state policy in the sphere of the organization and control of production of securities, documents of the strict reporting;

4) providing the direction of budgetary funds according to the purposes and priorities determined in the annual president's letter of Ukraine to the Verkhovna Rada of Ukraine about domestic and external situation of Ukraine, the Program of activities of the Cabinet of Ministers of Ukraine, forecast and program documents of economic and social development.

4. The Ministry of Finance according to the tasks assigned to it:

1) generalizes practice of application of the legislation on the questions which are within its competence develops suggestions for improvement of legal acts, acts of the President of Ukraine, the Cabinet of Ministers of Ukraine and in accordance with the established procedure submits them for consideration of the Cabinet of Ministers of Ukraine;

2) develops drafts of the laws and other regulatory legal acts on the questions which are within its competence;

3) approves the drafts of the laws arriving on coordination from other ministries and the central executive bodies, prepares within the powers provided by the law, conclusions and offers to drafts of the laws, other acts of the legislation which move for consideration of the Cabinet of Ministers of Ukraine, and drafts of the laws submitted for consideration of the Verkhovna Rada of Ukraine by other persons of law of the legislative initiative, regulatory legal acts of the Verkhovna Rada of the Autonomous Republic of Crimea;

Prepares 4) within the powers provided by the law, notes and offers to the laws adopted by the Verkhovna Rada of Ukraine which arrived for the signature to the President of Ukraine;

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