Article 206. Restriction of Powers of Debtor Who is Natural Person

In the process of restructuring the debt of a natural person, the debtor, who is a natural person, with the consent of the meeting of creditors, may enter into the following transactions:

aimed at direct or indirect alienation or purchase of property, securities, shares in the charter fund (authorized capital) and motor vehicles in the amount of not more than forty times the base calculation value;

on obtaining and issuing loans, obtaining credits, issuing sureties and guarantees, assignment of rights of claim, transfer of debt, as well as transfer of property of a natural person to fiduciary management;

on the transfer of property of a natural person as a pledge.

Disputes related to the implementation of transactions provided for by the first part of this article shall be resolved by the court.

Starting from the date of the introduction of the procedure for restructuring the debt of a natural person, they shall not be entitled to transfer property as a contribution or share in the charter fund (authorized capital) of a legal entity, acquire shares in the charter fund (authorized capital), as well as conclude gratuitous transactions, except for cases provided for in the first part of this article.

A natural person shall have the right to open a special bank account and dispose of the funds placed on it, without the consent of the financial manager. The amount of operations performed by a natural person for the disposal of funds placed on a special bank account shall be determined by the meeting of creditors and approved by the court.

If the meeting of creditors does not determine the maximum amount of operations performed by a natural person for the disposal of funds or the debtor, who is a natural person, is not satisfied with the established amount, such an amount may be determined and approved by the court at the request of the debtor, who is a natural person.

At the application of the debtor, who is a natural person, the court shall have the right to increase the maximum amount for the disposal of funds in their bank account.

The debtor, who is a natural person, shall dispose of funds placed on other accounts (deposits), on the basis of the prior written consent of the financial manager.