The Government has approved the Procedure of State
Budget Allocations in 2012 to form the authorized stock of Ukrspectorg State
Specialized Company. The relevant draft Law of Ukraine prepared by the Ministry of
Economic Development has already been approved by the Cabinet of Ministers of
The key aim
of the instrument is to cover the terms and conditions of formation of the
authorized stock of Ukrspectorg State Specialized Company in line with the
Business Code of Ukraine and the Budget Code of Ukraine and in compliance with
the resolution of the Cabinet of Ministers of Ukraine No. 88 of February 11,
2009 “Specific Issues of Military Property Disposal” by approving the Procedure
of State Budget Allocations in 2012 to form the authorized stock of the said
the formation of the authorized stock, Ukrspectorg State Specialized Company
will start its operation according to its Articles of Association.
approval of this resolution will secure the increased volume of allocations to
the state budget following the disposal of the military property.