On Tuesday, April 7, the people’s deputies adopted a European integration law on improving the procedure for enforcing court decisions. This document automates debt collection and interaction with registers. As reported on the official website of the Verkhovna Rada, TrueUA reports, Law No. 14005 provides for the digitalization of certain stages of enforcement proceedings, as well as the optimization of its stages and terms of execution. The PromPolitInform portal informs.
What changes are expected
The adopted law, in particular, provides for:
expanding the functionality of the automated enforcement system regarding the interaction of enforcers with state bodies, banks, other financial institutions, non-bank payment service providers, etc.;
introducing interaction between the Unified Register of Debtors and other registers.
It is also stipulated that in the event of a person applying for an action to alienate and/or pledge property belonging to a debtor, the presence of information about the debtor in the Unified Register of Debtors is a basis for refusing to take such actions with respect to the debtor’s property, except in cases provided for by law.
“In the event of collection (payment) to the appropriate account of a state enforcement agency or private enforcement agent of funds subject to collection during the execution of a decision, the automated enforcement system generates a notification of repayment of debt under enforcement proceedings,” the press service explained.
The Verkhovna Rada also noted that this is a basis for:
exclusion of information about the debtor from the Unified Register of Debtors;
lifting the seizure of funds/electronic money, as well as securities that exist in electronic form.
We remind you that in Ukraine, a number of changes are being prepared for individual entrepreneurs regarding taxation. The updated rules are expected to come into effect in 2027.
