Acknowledgement

of the borrower having read and understood the provisions of Articles 190, 192, 200, 209, 220, 222 of the Criminal Code of Ukraine No. 2341-III as of April 5, 2001 (published in the Voice of Ukraine [Holos Ukrayiny] newspaper No. 107 as of June 19, 2001).

I, (Full Name of the Borrower), have read and understood the provisions of Articles 190, 192, 200, 209, 220, 222 of the Criminal Code of Ukraine No. 2341-III as of April 5, 2001.

Article 190. Fraudulent Practice

Taking possession of another's property or acquiring the right to property by false pretences or abuse of trust (fraudulent practice) -
shall be punished by a fine not exceeding 50 non-taxable personal income minimums, or by correctional labor for a term not exceeding two years, or by the restraint of liberty for a term not exceeding three years.
Repeated fraudulent practice, or that committed in previous concert by a group of persons, or such that caused significant damage to the injured person -
shall be punished by a fine from 50 to 100 non-taxable personal income minimums, or by correctional labor for a term of one to two years, or by the restraint of liberty for a term not exceeding five years, or by imprisonment for a term not exceeding three years.
Fraud committed on a large scale or by way of illegal transactions involving computer technologies -
shall be punished by imprisonment for a term of three to eight years.
Fraud committed on an especially large scale or by an organized group -
shall be punished by imprisonment for a term of five to 12 years with the confiscation of property.

Article 192. Property Damage Caused by False Pretences or Abuse of Trust

Causing significant property damage by false pretences or abuse of trust with no elements of fraud -
shall be punished by a fine not exceeding 50 non-taxable personal income minimums, or by correctional labor for a term not exceeding two years, or by placement under arrest for a term not exceeding six months.
The same acts committed in previous concert by a group of persons, or such that caused large-scale property damage -
shall be punished by a fine from 50 to 100 non-taxable personal income minimums, or by the restraint of liberty for a term not exceeding three years.

Note. Pursuant to this Article, property damage shall be deemed significant, provided it exceeds 50 or more times the non-taxable personal income minimum, and that shall be deemed large-scale, provided it exceeds 100 or more times the non-taxable personal income minimum.

Article 200. Unlawful Acts with Cash Transfer Documents, Payment Cards and Other Means of Access to Bank Accounts, and Equipment for Their Manufacture

The falsification of cash transfer documents, payment cards or other means of access to bank accounts, as well as the acquisition, storage, transportation, transmission of false cash transfer documents or payment cards for their sale, or use or sale thereof -
shall be punished by a fine from 500 to 1,000 non-taxable personal income minimums, or by imprisonment for a term not exceeding three years.
The same acts repeated or committed in previous concert by a group of persons -
shall be punished by imprisonment for a term of two to five years.

Note. Cash transfer documents shall mean a document in paper or electronic form used by banks or their clients to transfer instructions or information for transfer of cash funds between cash transfer entities (settlement documents, cash transfer documents, as well as those used for interbank transfer and notification of payment, etc.).

Article 209. Legalization (Laundering) of Proceeds and Other Assets Obtained from Crime

The execution of financial transactions and other deals with cash funds and other assets obtained knowingly from crime, as well as use of the said cash funds and other assets to carry out any entrepreneurial or other business activities, as well as the creation of criminal groups in or outside Ukraine for the legalization (laundering) of proceeds or other assets obtained knowingly from crime -
shall be punished by a fine from 500 to 3,000 non-taxable personal income minimums, or by the restraint of liberty for a term of three to five years, or by imprisonment for a term not exceeding three years, with the confiscation of proceeds and other assets obtained knowingly from crime.
The same acts repeated or committed in previous concert by a group of persons -
shall be punished by imprisonment for a term of five to 12 years with the confiscation of proceeds and other assets obtained knowingly from crime, and with the confiscation of property.

Article 220. Concealment of Stable Financial Inability

Willful concealment by a citizen who is the founder or owner of a business entity, as well as by an official of a business entity, of its stable financial inability, by submitting unreliable and inadequate information, provided this caused extensive material damage to the creditor -

shall be punished by a fine from 2,000 to 3,000 non-taxable personal income minimums, or by the restraint of liberty for a term not exceeding two years, with the deprivation of the right to hold specific offices or engage in specific activities for a term not exceeding three years.

Article 222. Financial Fraud

The provision by a citizen, who is an entrepreneur or the founder or owner of a business entity, as well as by an official of a business entity, of knowingly false information to state authorities, authorities of the Autonomous Republic of Crimea or local self-government bodies, banks or other creditors, for obtaining subsidies, subventions, donations, loans or privileges with respect to taxes, with no elements of crime against property -
shall be punished by a fine from 500 to 1,000 non-taxable personal income minimums, or by the restraint of liberty for a term not exceeding three years, with the deprivation of the right to hold specific offices or engage in specific activities for a term not exceeding three years.
The same acts repeated or such that caused extensive material damage -
shall be punished by imprisonment for a term of two to five years, with the deprivation of the right to hold specific offices or engage in specific activities for a term not exceeding three years.

I AGREE

You should sign the ACKNOWLEDGEMENT, when obtaining the loan.

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