You're reading: Rada planning to regulate investment activity in housing and utilities sector

The Verkhovna Rada is planning to introduce changes to some Ukrainian laws concerning the regulation of investment activity in the housing and utilities sector.

Some 262 MPs out of the 291 registered in the parliament’s session hall voted for a bill of amendments to some Ukrainian laws at first reading.

The bill proposes amending the law on drinking water and drinking water supply and the Ukrainian law on heat supply.

According to the law, it is proposed to add the articles to these laws that define what "an investment program" is like, and that introduce the concept of "current accounts with a special regime of use."

The draft law proposes specifying the powers of local government agencies in the field of investment activity and introducing current accounts with a special regime of use to make calculations concerning investment programs.