President of Ukraine Volodymyr Zelensky signed the decree on application of personal special economic and other restriction measures (sanctions) against Novyny (News) media holding. It includes 112 Ukraine, NewsONE and ZiK TV channels.
According to the decree that is eligible since the moment of signature, the TV channels faced sanctions that will be active for five years. These sanctions make the broadcasting process impossible.
The sanctions include:
- Asset freeze; temporary restriction of the right of the owner to use and dispose of the property.
- prevention of the withdrawal of assets beyond Ukraine;
- suspension of living up to economic and financial commitments;
- cancelation or suspension of licenses and other permissions, the presence of which is a condition to perform certaon kind of activity;
- ban of use of any radio frequency of Ukraine;
- abruption of broadcasting process of TV programs/TV communication services and the use of TV communication networks of general use;
- full or partial ban of making deals with valuable papers, emitted by sanctioned individuals;
- ban of issuance of permissions and licenses of the National Bank of Ukraine for investments into a foreign country, deployment of currency in accounts on the territory of a foreign state;
- ban of issuance of permissions and licenses for deployment or withdrawal of currency and limiteds issuance of cash from credit cards, emitted by the residents of a foreign country;
- ban of passage of technologies, rights on intellectual property;
- stoppage of cultural exchange, scientific cooperation, education and sport contacts, entertainment shows with foreign states and foreign companies;
- other sanctions, which correspond principles of their use, which were set by the actual law.