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Regulatory Affairs

12/ 10/ 2016
  The Cabinet of Ministers of Ukraine approved amendments to the Procedure for state registration of vehicles. Among key amendments to the Procedure should be figured out: Forbidding a deregistration or re-registration of wanted, arrested or prohibited against deregistration vehicles; Introduction of written approval of mortgagee for deregistration or re-registration of vehicles; The EBA member companies appealed on a long-term basis on necessity for improving a registration procedures of vehicles as current practice of illegal conversion of companies` property upon registration matters injured business activity and caused financial losses. The EBA welcomes the above mentioned amendments and expect their proper execution by public authorities of Ukraine.

The Cabinet of Ministers of Ukraine approved amendments to the Procedure for state registration of vehicles.

Among key amendments to the Procedure should be figured out:

  • Forbidding a deregistration or re-registration of wanted, arrested or prohibited against deregistration vehicles;
  • Introduction of written approval of mortgagee for deregistration or re-registration of vehicles;

The EBA member companies appealed on a long-term basis on necessity for improving a registration procedures of vehicles as current practice of illegal conversion of companies` property upon registration matters injured business activity and caused financial losses.

The EBA welcomes the above mentioned amendments and expect their proper execution by public authorities of Ukraine.

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