In addition, the transfer of confiscated sanctioned assets to the State Property Fund has been simplified. The new draft law envisages expanding the powers of the head of the State Property Fund (SPFU) and changing its management structure. It is planned that the director of the fund will have the right to appoint and dismiss deputies independently. In addition, 12 separate regional branches will become structural subdivisions of the SPFU. In addition, the latest edition of the law changes the sanctioned property process: it will be transferred to the fund through a decision from the High Anti-Corruption Court.
Also, amendments were considered before adopting the law, allowing large-scale privatization restoration and prohibiting sanctioned persons and citizens of aggressor countries from holding managerial positions or supervisory boards of state-owned enterprises.
Furthermore, the new law removed the restrictions on the term of state property lease contracts during martial law, increasing the lease term to five years. The amendments also allow the privatization of energy facilities that are combined into pools.