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