President Petro Poroshenko has signed the law On Higher Anticorruption Court. The President of Ukraine signed the law at a meeting with students of Ukrainian Leadership Academy, Ukrainian News Agency reports. The Anticorruption Court is formed of judges, investigative judges and judges of a chamber of appeal. The number of Anticorruption Court judges will be determined later. The Anticorruption Court will hear criminal cases upon corruption investigated by the National Anticorruption Bureau (NACB), however, only in the case when such a crime exceeds the size of the living wage for able-bodied persons 500 or more times (at preset it is UAH 881,000). Besides, the bill envisions establish of the Public Council of International Experts able to veto Anticorruption Court judges' candidacies. The Council is established for the period of 6 years by the High Qualification Commission of Judges (HQCJ) and is an auxiliary body. Council members are appointed on the basis of proposals from international organizations Ukraine is cooperating with in the field of prevention and counteraction to corruption under respective international agreements. Members of the Public Council can be citizens of Ukraine or foreigners having irreproachable business reputation, high professional and moral qualities, working experience of at least 5 years in other countries. The Council members will be remunerated with UAH 132,200, the wage of a Supreme Court judge and will also receive fare and accommodation compensation (for those living abroad). The Public Council of International Experts collects, checks and analyzes information about judge candidates and hands it over to the HQCJ. At that initiative of at least three Council members, a joint meeting with the HQCJ can be convened. As Ukrainian News Agency earlier reported, the United States has called on the Ukrainian authorities to take into consideration the recommendations of the International Monetary Fund (IMF) during establishment of the Anticorruption Court.