- in the Law of Ukraine “On Investment Activity” from September 18, 1991 [3].
According to the Art.1 of the Law of Ukraine “On Investment Activity”, investments
are all types of property and intellectual values, that is laid in the objects of enterprise
and other types of activity as a result of that an income(profit) is created or a social
effect is arrived at. Such values can be: money, having a special purpose bank holding,
shares, actions and other securities (except the bills of exchange); personal and
immobile chattels (houses, building, equipments and other material values); property
intellectual ownership rights; totality of the technical, technological, commercial and
other knowledge, executed as technical documentation, skills and productive
experience, necessary for organization of that or other type of production, but not
patented("now-how"); rights on land, water, resources, houses, building, equipment,
and also other property rights; other values;
-
in the Law of Ukraine “On Foreign Investment Regime” from March 19, 1996
[4]
. According to the Art.1 of the Law of Ukraine “On Foreign Investment Regime”,
foreign investments are values that is laid by foreign investors in the objects of
investment activity in accordance with the legislation of Ukraine with the aim of receipt
of income or achievement of social effect. Art. 2 of this law establishes that foreign
investments can be made in a kind of:
a)
foreign currency that confesses convertible the National bank of Ukraine;
b)
currencies of Ukraine - in accordance with the legislation of Ukraine;
c)
any personal and immovable chattels and property rights related to him;
d)
actions, bonds, other securities, and also the corporate rights (ownership rights
on a stake(share) in the charter capital of the legal entity created in accordance with the
legislation of Ukraine or legislation of other countries) shown in convertible currency;
e)
money claims and right on requirements implementations of contractual
obligations, that is assured by first-class banks and have the cost in convertible
currency, confirmed according to the laws (by procedures) of country of investor or
international commercial customs;
f)
any intellectual ownership rights, the cost of that in convertible currency is
confirmed according to the laws(by procedures) of country of investor or international
commercial customs, and also confirmed by an expert estimation in Ukraine, including
legalized on territory of Ukraine copyrights, rights on inventions, useful models,
industrial prototypes, signs for commodities and services, now-how and others;
g)
rights on realization of economic activity, including rights on using the bowels
of the earth and use of the natural resources, given in accordance with a legislation or
agreements the cost of that in convertible currency is confirmed according to the laws
(by procedures) of country of investor or international commercial customs;
h)
other values in accordance with the legislation of Ukraine;
2) as an operation
- 163 -