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.

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