Online commerce in Ukraine legalized and regulated

Deputies of the Verkhovna Rada adopted in the second reading the law No. 0957 , which regulates online commerce, including online trading and working with electronic money. For the adoption of the law voted 235 deputies, writes AIN. In the first reading, this law was passed by the previous parliament before last year. If the law passed in the second reading is signed by the President, then Law No. 0957 will enter into force.

The author of the bill is the People's Deputy Olga Belkova. According to her, the main purpose of the bill is to give electronic transactions a legal status, similar to the status of transactions using written documents. The consequences of adopting a law are to simplify the interaction of online commerce representatives with the authorities.

The text of the document defines legal events such as “electronic transaction” (“action of a person aimed at acquiring, changing or terminating civil rights associated with the use of ICT systems”), “electronic message”, “online store” ( for the sale of goods by electronic transaction) and so on.
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Also in one of the articles of section III there is a provision on the need for the buyer to receive a confirmation of an electronic transaction in the form of an electronic document, receipt, sales or cash receipt, coupon or other document. Such a check should contain information about the seller, including the name, address, procedure for making claims on the product, warranty obligations.

The law also provides for the need to conclude all transactions online using a “one-time identifier” - this is a alphanumeric code that must be sent to the buyer by mail or mobile phone. This code should be used to verify the transaction.