The article investigates the limited real rights which are derivative from the property right: the right to economic management and the right to operational control. The purpose of the article is to demonstrate the concept, essence and application scope of the right to economic management and the right to operational control in Ukraine. The author shows the history of the onset and establishment of the said real rights in the Soviet civil legislation and the post-Soviet economic legislation. Based on the provisions of the current Economic Code of Ukraine, the article elucidates the differences between the right to economic management and the right to operational control, as well as the powers of participants to economic relations with regard to ownership, use and disposal of the State-owned property assigned to them. The author notes that, although the civil legislation does not contain any provisions which would explain the essence of the right to economic management and the right to operational control, these rights are widely used not only in the Civil Code of Ukraine, but also in other laws determining the legal status of state and municipal institutions and organizations as legal entities under public law. At the same time, a number of statutory instruments which provisions are referred to in the article evidence that currently there are no uniform approaches to defining the cases and the range of subjects to which property may be assigned by virtue of the right to economic management or the right to operational control, and this entails the possibility of arbitrary interpretation of some provisions of the current legislation and the possibility of speculations with regard to the Civil Code of Ukraine. In this connection, the author criticizes the position of some Ukrainian scholars and practitioners regarding possible liability of legal entities established by the State for the obligations of the State, namely by enforced collection at the expense of the state property assigned to such legal entities. The article gives a number of proposals to the Civil Code of Ukraine and the Economic Code of Ukraine aimed at improving the legal regulation of the right to economic management, the right to operational control and the right to operational use of property. The author believes that implementation of the proposed amendments to the legislation will enable the streamlining of such real rights as the right to economic management, the right to operational control and the right to operational use of property. KEYWORDS: the right to economic management; the right to operational control; the right to operational use of property. 

List of legal documents 
 

Legislation 
1. Hospodarskyi kodeks Ukrainy [The Economic Code of Ukraine]: Zakon Ukrainy [the Law of Ukraine] vid 16 sichnia 2003 r. № 436-IV. URL: http://zakon.rada.gov.ua/ laws/show/436-15 (accessed: 15.05.2018) (in Ukrainian). 
2. Osnovy zakonodavstva Ukrainy pro okhoronu zdorovia [Fundamentals of Ukrainian Health Care Legislation]: Zakon Ukrainy [the Law of Ukraine] vid 19 liutoho 1992 r. № 2801-XII. URL: http://zakon2.rada.gov.ua/laws/show/2801-12 (accessed: 15.05.2018) (in Ukrainian). 
3. Polozhennia pro upravlinnia derzhavnym mainom, yake ne uviishlo do statutnykh kapitaliv hospodarskykh tovarystv u protsesi pryvatyzatsii, ale perebuvaie na yikh balansi [Regulation on Management of the State-Owned Property not Included in Authorized Capitals of Business Entities in the Privatization Process but Recognized on Their Balance Sheet]: zatverdzheno Nakazom Fondu derzhavnoho maina Ukrainy ta Ministerstvom Ekonomiky Ukrainy [Approved by Order of the State Property Fund of Ukraine and the Ministry of Economy of Ukraine] vid 19 travnia 1999 r. № 908/68. URL: http://zakon2.rada.gov.ua/laws/show/z0414-99 (accessed: 15.05.2018) (in Ukrainian). 
4. Pro Fond enerhoefektyvnosti [On the Energy Efficiency Fund]: Zakon Ukrainy [the Law of Ukraine] vid 8 chervnia 2017 r. № 2095-VIII. URL: http://zakon.rada.gov. ua/laws/show/2095-19 (accessed: 15.05.2018) (in Ukrainian). 
5. Pro mistseve samovriaduvannia v Ukraini [On Local Self-Government in Ukraine]: Zakon Ukrainy [the Law of Ukraine] vid 21 travnia 1997 r. № 280/97-VR. URL: http://zakon2.rada.gov.ua/laws/show/280/97-vr (accessed: 15.05.2018) (in Ukrainian). 
6. Pro naukovu i naukovo-tekhnichnu diialnist [On Research, Scientific and Engineering Activities]: Zakon Ukrainy [the Law of Ukraine] vid 26 lystopada 2015 r. № 848-VIII. URL: http://zakon.rada.gov.ua/laws/card/848-19 (accessed: 15.05.2018) (in Ukrainian). 
7. Pro orendu derzhavnoho ta komunalnoho maina [About Lease of State and Communal Property]: Zakon Ukrainy [the Law of Ukraine] vid 10 kvitnia 1992 r. № 2269-XII. URL: http://zakon.rada.gov.ua/laws/show/2269-12 (accessed: 15.05.2018) (in Ukrainian). 
8. Pro osvitu [On Education]: Zakon Ukrainy [the Law of Ukraine] vid 5 veresnia 2017 r. № 2145-VIII. URL: http://zakon3.rada.gov.ua/laws/show/2145-19 (accessed: 15.05.2018) (in Ukrainian). 
9. Pro peredachu obiektiv prava derzhavnoi ta komunalnoi vlasnosti [On the Transfer of Objects of State and Communal Property Rights]: Zakon Ukrainy [the Law of Ukraine] vid 3 bereznia 1998 r. № 147/98-VR. URL: http://zakon.rada.gov.ua/laws/show/147/98- %D0%B2%D1%80 (accessed: 15.05.2018) (in Ukrainian). 
10. Pro tsentralni orhany vykonavchoi vlady [On the Central Executive Bodies]: Zakon Ukrainy [the Law of Ukraine] vid 17 bereznia 2011 r. № 3166-VI. URL: http://zakon2. rada.gov.ua/laws/show/3166-17 (accessed: 15.05.2018) (in Ukrainian). 
11. Pro Ukrainskyi kulturnyi fond [On the Ukrainian Cultural Fund]: Zakon Ukrainy [the Law of Ukraine] vid 23 bereznia 2017 r. № 1976-VIII. URL: http://zakon2.rada. gov.ua/laws/show/1976-19 (accessed: 15.05.2018) (in Ukrainian). 
12. Pro upravlinnia obiektamy derzhavnoi vlasnosti [On Management of State-Owned Property Objects]: Zakon Ukrainy [the Law of Ukraine] vid 21 veresnia 2006 r. № 185-V. URL: http://zakon5.rada.gov.ua/laws/show/185-16 (accessed: 15.05.2018) (in Ukrainian). 
13. Pro vlasnist [About the Property]: Zakon Ukrainy [the Law of Ukraine] vid 7 liutoho 1991 r. № 697-XII. URL: zakon.rada.gov.ua/laws/show/697-12 (accessed: 15.05.2018) (in Ukrainian). 
14. Pro vnesennia zmin ta vyznannia takymy, shcho vtratyly chynnist, deiakykh zakonodavchykh aktiv Ukrainy u zviazku z pryiniattiam Tsyvilnoho kodeksu Ukrainy: Zakon Ukrainy [the Law of Ukraine] vid 27 kvitnia 2007 r. № 997-V. URL: http://zakon. rada.gov.ua/laws/show/997-16 (accessed: 15.05.2018) (in Ukrainian). 
15. Pro vyshchu osvitu [On Higher Education]: Zakon Ukrainy [the Law of Ukraine] vid 1 lypnia 2014 r. № 1556-VII. URL: http://zakon5.rada.gov.ua/l http://zakon.rada.gov. ua/laws/show/1556-18 (accessed: 15.05.2018) (in Ukrainian). 
16. Pro zakriplennia derzhavnoho maina za Verkhovnym Sudom [On Assignment of the State-Owned Property to the Supreme Court]: rozporiadzhennia Kabinetu Ministriv Ukrainy [Ordinance of the Cabinet of Ministers of Ukraine] vid 1 hrudnia 2017 r. № 841 r. URL: http://zakon3.rada.gov.ua/laws/show/ru/841-2017-r (accessed: 15.05.2018) (in Ukrainian).

17. Tsyvilnyi kodeks Ukrainy [The Civil Code of Ukraine]: Zakon Ukrainy [the Law of Ukraine] vid 16 sichnia 2003 r. № 435-IV. URL: http://zakon.rada.gov.ua/laws/ show/435-15 (accessed: 15.05.2018) (in Ukrainian). 
 

Bibliography

Authored books 
18. Kharchenko H, Rechovi prava: monohrafiia [Real Rights: Monograph] (Alerta 2016) (in Ukrainian). 

Edited books 
19. Spasibo-Fateeva I (red), Khar’kovskaya tsivilisticheskaya shkola: pravo sobstvennosti: monografiya [Kharkiv School of Civil Law: Property Right: Monograph] (Pravo 2012) (in Russian). 
20. Venediktov A, Gosudarstvennaya sotsialisticheskaya sobstvennost’ [State Socialist Property] (Raykher V red, Izd-vo AN SSSR 1948) (in Russian). 

Journal articles 
21. Holovatyi S ta Dovhert A ta Pidopryhora O ta inshi, ‘Peredmova do proektu Tsyvilnoho kodeksu Ukrainy’ [‘Foreword to the Draft Civil Code of Ukraine’] (1996) 2 (spetsvypusk) Ukrainske pravo 13 (in Ukrainian).