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Sunday, January 28, 2007

Ukraine law info. Crimea

I analysed what visitors look on Ukraine Real Estate Market and found out that one of the most preferable content is legislation and things around it. So I start publish more detailed info, links and data about law in Ukraine especially related with real estate and commercial property. Let's go!

As I mentioned before, Crimea is amazing part of Ukraine. And for real estate business as well. However not all know that Crimea is autonomous republic in Ukraine State with its own Constitution. You have to know it if you running a business in Ukraine. So here are a little explanation from Alexander Biryukov & Myroslava Kryvonos:

Ukraine is a unitary state with the Autonomous Republic of Crimea in its administrative structure. The Autonomous Republic of Crimea is an inseparable constituent part of Ukraine and decides on the issues ascribed to its competence within the limits of authority determined by the Constitution of Ukraine.

The Autonomous Republic of Crimea has its own Constitution that is adopted by the Verkhovna Rada of the Autonomous Republic and approved by the Verkhovna Rada of Ukraine. Normative legal acts of the Verkhovna Rada and decisions of the Council of Ministers of the Autonomous Republic of Crimea shall not contradict the Constitution and other laws of Ukraine.

When nonconformity of the normative legal acts of the Autonomous Republic of Crimea with the Constitution of Ukraine and other laws of Ukraine occurs, the President of Ukraine may suspend those normative legal acts with a simultaneous appeal to the Constitutional Court of Ukraine in regard to their constitutionality.