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Parliament Chairman signs law on de-oligarchization

Source : 112 Ukraine

This Law shall come into force from the day following the day of its publication, and shall be put into execution six months after the date of entry into force of this Law
12:20, 5 November 2021

Ruslan Stefanchuk
Unian

Chairman of the Verkhovna Rada Ruslan Stefanchuk signed the law on deoligarchization, the data on the parliament site shows.

Now it must be signed by President of Ukraine Volodymyr Zelensky.

This law shall come into force from the day following the day of its publication, and shall be put into execution six months after the law takes effect. However, it shall expire 10 years after its entry into force.

As it was reported on September 10, chairman of the Verkhovna Rada of Ukraine (at that time) Dmitry Razumkov was infected with coronavirus for the second time.

Instead of him, the plenary sessions of the parliament were chaired by the first vice-speaker (at that time) Ruslan Stefanchuk.

On September 22, the Verkhovna Rada of Ukraine decided to consider bill № 5599 on de-oligarchization without waiting for the Venice Commission to issue an opinion.

During consideration of the law on oligarchs Stefanchuk  promoted offers of Servants of the People as much as possible, including in consideration by abbreviated procedure - member of the parliament couldn't put the edits in a hall. Almost all factions and groups (except Servant of the People) voted against. They demanded that amendments be considered from each faction.

As a result, the law was passed, but a day later a collision was found in it. In the final text voted by the Verkhovna Rada, three amendments were adopted (№ 396, 398, 406), which have different versions of the fifth article of the law - the definition of an oligarch, and therefore contradict each other.

In particular, the amendment of the ex-speaker of the Verkhovna Rada Dmytro Razumkov was approved stating that a person will be included into the register of oligarchs by the National Anti-Corruption Bureau (NAPC) of Ukraine at the request of a special commission.

On November 3, the Parliament has eliminated the conflict in law on oligarchs and the document was sent to Stefanchuk for signing.

More about the adopted law can be read HERE.

Related: Unvaccinated MPs to be given free Covid tests, - MP

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