President of Ukraine signed the law on the State Property Fund of Ukraine adopted by parliament on November 3. This is reported by RBC, citing information from the head of the SPF, Valentyna Semeniuk. \n \nAccording to the law, the fund is a central executive body with a special status that exercises the powers of the owner of state property defined by law and implements state policy in the sphere of management and privatization of such property. \n \nThe fund is accountable and controlled by parliament, and is also subordinate to the government in matters of managing state-owned objects, as well as in other matters defined by law. \n \nThe fund develops and submits to the government draft state privatization programs, organizes and controls their implementation, annually submits to the Cabinet of Ministers a list of objects for privatization and inclusion in the draft state budget, acts as lessor of integral property complexes of enterprises, conducts inventory and valuation of integral property complexes of state enterprises and organizations, maintains a register of concession agreements for state property; exercises control over compliance with the terms of lease agreements for state property, transfers, on behalf of the Cabinet of Ministers, the functions of managing state corporate rights to executive bodies or, based on competition results, to authorized persons.