OREANDA-NEWS. November 25, 2008. The Law of Ukraine “On amendments to some legislative acts of Ukraine on promoting the building”, passed by the Verkhovna Rada of Ukraine within the framework of the second stage of accelerated reconsideration of regulatory acts, will promote the simplification of building legalization procedures and their reduction of prices.

Such opinion was expressed by Chairman of the State Committee for Entrepreneurship Kostiantyn Vaschenko.

The bill innovation aimed at creating the favorable conditions for building investments, improving the licensing procedures and introducing the competitive basis when obtaining building lands and accruing rights to them.

Provisions of the mentioned law essentially simplify the procedure of obtaining building lands. In particular, a building license inherited from the USSR offocoals is abolished. Obligation to implement the architectural-designing task which absorbed considerable costs of businessmen is also cancelled.

A licensing order for pursuing construction work is also brought to conformity with the Law of Ukraine “On licensing system in the economical activity”. Demand on establishing an order of placing temporary structures and advertisement hoardings by the legislative acts of the current law will restrict the bureaucracy self-will in regions. Instead of the exploitation act at legislative level assigned as a licensing document the certificate of conformance of building object.

All this will significantly simplify the procedure of obtaining lands for property or use.