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The State Property Fund of Ukraine has pre-termed the annual rental plan

That isUAH 1,419 billion of budget revenues from the lease of state property, which is 142 percent of the implementation of the annual plan. By the end of the year we will reach the mark of almost one and a half billion.

This was stated by the acting Chief of the State Property Fund of Ukraine Vitalii Trubarov on his Facebook page.

Vitaliі  Trubarov explained that "state property is in demand and it should bring income. However, still a huge part of the property is falling, empty or illegally leased to their balance-holders."

"To fundamentally change the situation and increase revenues, could a new lease law developed by the State Property Fund and already sent by the ministries' proposals to the Cabinet of Ministers", - wrote the acting chief of the Fund.

According to him, the draft law contains a number of progressive changes, namely:

- all leases will be through electronic auctions;

- the transfer of the object of the lease will be reduced from 143 to 43 days;

- simplified procedure of conclusion of the contract, without additional requests and permissions;

- instead of an ineffective mechanism for indexation of rent, every three years a compulsory assessment of the lease object will be carried out;

- a guarantee fee is introduced that does not return to the winner; it will be expensive to break the auction to unscrupulous participants;

- a complete prohibition of lease for legal entities and individuals associated with the aggressor country of the Russian Federation is established.