Act No. 107 / 2009 Coll.
Law on a state bond programme to provide financial assistance to the Government of the Republic of Latvia to address the stabilisation of the economy in 2009 and 2010
Valid
Law
Effective from 27.04.2009
Text versions:
27.04.2009
107
THE LAW
of 26 March 2009
on a state bond programme to provide financial assistance to the Government of the Republic of Latvia to address the stabilisation of the economy in 2009 and 2010
Parliament has decided on this law of the Czech Republic:
State bond programme
(1) The purpose of the government bond programme is to provide financial assistance to the Government of the Republic of Latvia to address the stabilisation of the economy in 2009 and 2010.
(2) The maximum scope of this sovereign bond programme is EUR 200 000 000, of which in
(a) 2009 EUR 100 000 000;
(b) 2010 EUR 100 000 000.
(3) Any liabilities arising from this sovereign bond programme shall be repaid no later than 15 years after the date of entry into force of this Act.
(4) The total expenditure of the State Budget approved by the State Budget Act in the financial year in which the funds thus obtained are used may be exceeded by the funds obtained under this Act. This overrun shall be amended in the relevant financial year by the balance of the State budget and by the appropriations.
Efficacy
This Act shall take effect on the day of its publication.
Wolf
Klaus v. r.
Topolánek v. r.
Sign in for notes, favorites and notifications
Regulation Information
| Citation | Act No. 107 / 2009 Coll., on a state bond programme to provide financial assistance to the Government of the Republic of Latvia to address the stabilisation of the economy in 2009 and 2010 |
|---|---|
| Regulation Type | Law |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 27.04.2009 |
|---|---|
| Effective from | 27.04.2009 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
Comments 0