KYIV. Oct 26 (Interfax-Ukraine) – Ukraine’s Cabinet of Ministers has introduced a mechanism for selling immovable property used by Ukrainian diplomatic offices abroad.
According to government resolution No. 734 dated October 19, Ukrainian diplomatic offices abroad submit proposals (several options) to sell immovable property to the Foreign Ministry. The reason for selling the property is that it does not suit functions of the diplomatic offices anymore.
The Foreign Ministry discussed the proposals and sends them to the Finance Ministry, Economic Development and Trade Ministry, Regional Development, Construction, Housing and Utilities Economy Ministry, State Property Fund of Ukraine, Security Service of Ukraine (SBU), Foreign Intelligence Service of Ukraine and other interested agencies if it is required for approval.
The agencies are to prepare their conclusions on the proposals and send them to the Foreign Ministry. The ministry draws up its conclusions then. The property will be sold freely on the market of the country of stay in line with its legislation. The ministry sends its conclusions to the Cabinet of Ministers to make the decision.
If the government approves the sale of property, diplomatic offices abroad holds talks with a buyer of property and sends the final sale and purchase contract to the Foreign Ministry.
The property is passed to the buyer via signing the acceptance and transfer document after the funds for property are fully sent from the account opened by the buyer in a bank.
The funds are sent to the national budget.
