Ukraine's Verkhovna Rada has extended a moratorium on scheduled business checks until December 31, 2017.

A total of 235 lawmakers approved at second reading bill No. 3153 on the specifics of oversight in economic activities on Thursday.

Chairman of the parliamentary committee for industrial policy and entrepreneurship Viktor Halasiuk said that the temporary moratorium on checks is introduced to help business to take breath after 'dragon control' and the state is able to draw up the relevant criteria and risk-oriented tools for oversight based on new public oversight principles approved in bill No. 2418.

The document bans most oversight agencies from conducting scheduled checks, but it does not restrict off-schedule checks. Off-schedule checks have four grounds: under a court ruling, under an application of a company, in case of an accident and under a grounded application of an individual after agreeing it with the authorized agency of the State Regulatory Service. Halasiuk said that it takes five days to agree it.

The bill does not apply to relations appeared during checks by regulatory agencies in the spheres of energy and utilities, securities market, security and some quality indicators of food, supervision over observation of legislation on protecting consumers' rights, tax policy, customs, financial control, exports control, nuclear energy security, civil aviation and airspace use, public architectural and construction supervision, environment protection, rational use and preserve of natural resources, checks by the National Council of Ukraine for Television and Radio Broadcasting, National Bank of Ukraine and Antimonopoly Committee.