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Ukraine: New rules for the use of water bodies and underlying land
Baker McKenzie, Kyiv, Ukraine,
Dec 07, Mon, 2020
On 30 November 2020, the President of Ukraine signed the Law of Ukraine "On Amendments to Certain Ukrainian Legislation Related to Clarification of the Procedure for Leasing Water Bodies together with Land Plots" ("Law"). The Law will take effect three months after the date of its publication (save for its certain provisions). |
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Highlights
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Detailed overview
Lease agreements in respect of water bodies concluded before the entry into force of the Law will continue to operate under the terms and conditions provided in the agreements. As soon as they expire, the right to lease water bodies can be registered by concluding the Agreement.
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