The Ukrainian parliament has supported at second reading a bill "On amending several laws of Ukraine (regarding land relations)" liquidating obligatory notary certification of land rent agreementsб according to Kyiv Post.
The bill was supported by 233 MPs out of the 432 registered in parliament on Thursday.
The MPs decided to exclude Article 290 from the Economic Code of Ukraine. The article stipulated obligatory notary certification of land rent agreements.
Apart from that, the MPs cancelled an earlier provision of the Economy Code stipulating that the amount of rent fee for state- or municipally owned plots cannot be lower than the fee set by the law.
The Cabinet of Ministers has two weeks to harmonize its resolutions and other legal acts with the document.
The bill comes into force from the day of its original publication.
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