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Tuesday, April 3, 2007

Short news - restrictions for State companies to lease their property.

Verkhovna Rada intends to exclude state-owned company to lease a property exceed 200 sqm. per company.

Parliament intends to make changes in the Commercial Code put such rules in the law.

In 2006, government revenue from the lease of state property amounted to UAH 326.5 mln UAH. The 2007 budget revenues from the lease of state property set at UAG 310 mln.