A New Form of Property Right Introduced in Ukraine for State and Municipal Sectors
Law No. 4196-IX “On the Specifics of Regulating the Activities of Legal Entities of Certain Legal Forms During the Transitional Period and Associations of Legal Entities” (hereinafter – Law No. 4196-IX), which came into force on February 28, 2025 and will become effective on August 28, 2025 (with the exception of certain provisions), introduces amendments to legislative acts. These changes align the rules for acquiring ownership of property transferred to legal entities under state control, and of property acquired by them on lawful grounds, with the Civil Code. The amendments also provide the ability to obtain property rights over assets owned by others (not prohibited by law), and to use or manage such property in accordance with concluded agreements.