13 November, 2012 - 00:00
The Cabinet submitted a bill to Verkhovna Rada, proposing changes in and amendments to the small-scale privatization law. In particular, it provides for the acquisition of small privatization objects on credit. With installments payable over up to five years, subject to the condition that the buyer pays at least 30% of such project's cost down. In addition, the bill entitles small-scale privatization bidders to submit a bid validity bond in terms of government securities worth 10% of the starting price.
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