President of Ukraine Volodymyr Zelensky has signed law No. 2195 on amending the Land Code of Ukraine and the law “On land lease” regarding the sale of state and municipal land plots or rights to them at electronic auctions, the parliament’s website said on Thursday.
Law No. 2195, which the parliament adopted on May 18, ensures publicity and transparency of the sale and transfer for use of land plots of state and communal property in the electronic system of auctions conducted on the Internet in the format of an auction in real time.
The document specifies that land tenders will be held in accordance with the agreement between the organizer of the tenders and the operator of the electronic platform. The decision to hold a land auction will be made by their organizer, indicating the starting price of the lot, the term and other conditions for the use of the land plot, as well as the person authorized by him to conclude the relevant contract.
The amount of remuneration to the operator of the electronic platform, the procedure for its payment and return, as well as other details of the organization of land auctions will be determined by the Cabinet of Ministers of Ukraine in the future in accordance with the established procedure.
Based on the results of the auction, a contract of purchase and sale, lease, development rights or inheritance of the land will be concluded with the participant who offered the highest price (price offer) for the land plot or the highest payment for its use.
As reported, according to the explanatory note to the document, the adoption of Law No. 2195 will optimize the legislation on the sale and transfer of land plots of state and municipal property for use, improve and speed up the mechanisms and procedures for its sale and transfer, increase the economic efficiency of auctions and increase receipts in state and local budgets.
Ukrainian Prime Minister Volodymyr Groysman has said that the country is ready to put 44 fields with 150 billion cubic meters (bcm) of gas stocks up for electronic auctions. “Today we are making a decision to open information about geospatial data and about holding auctions. We have prepared 44 land parcels with 150 bcm of gas stocks, which require investment and technologies,” he said, opening a government meeting.
“Our task is clear – to open all the geological information about the deposits, to provide opportunities of arriving to the country for Ukrainian and world business on the basis of transparent auctions and extract Ukrainian gas so that we refuse to import it. As soon as we refuse to import gas, we would immediately decisively reduce gas prices, and we would not depend on the global gas price,” he added.
