Ukraine Government Approves Compensation for Damaged Business Assets
· WOWERI
The Ukrainian government has approved a compensation mechanism for businesses affected by the conflict. Legislation provides for strict liability for misusing or unlawfully receiving aid.
Ukraine Government Approves Compensation for Damaged Business Assets
The Ukrainian government has approved a compensation mechanism for businesses affected by the conflict. Legislation provides for strict liability for misusing or unlawfully receiving aid. According to the new rules, businesses must provide documents proving damage and undergo a check to ensure they meet the criteria for receiving aid.
Eligibility Criteria
Businesses must meet the following criteria:
- Have suffered damage caused by the conflict
- Have documents proving the damage
- Meet the requirements of the legislation
Liability for Misuse or Unlawful Receipt of Aid
The legislation provides for strict liability for misusing or unlawfully receiving aid. Businesses that have received aid unlawfully may be held liable and required to return the funds received.
What to do next
Source: biz.ligazakon.net