Decree of the Federal Ministry of Finance, Ministry of Finance of the Czech Socialist Republic, Ministry of Finance of the Slovak Socialist Republic and President of the State Bank of Czechoslovak No. 108 / 1985 Coll.
Decree of the Federal Ministry of Finance, the Ministry of Finance of the Czech Socialist Republic, the Ministry of Finance of the Slovak Socialist Republic and the President of the Czechoslovak State Bank amending and supplementing Decree No. 162 / 1980 Coll., on the financing of the reproduction of basic funds, as amended by Decree No. 180 / 1982 Coll.
Valid
Effective from 01.01.1986
108
DECLARATION
Federal Ministry of Finance, Ministry of Finance of the Czech Socialist Republic, Ministry of Finance of the Slovak Socialist Republic and President of the Czechoslovak State Bank
of 18 November 1985
amending and supplementing Decree No 162 / 1980 Coll., on the financing of the reproduction of basic funds, as amended by Decree No 180 / 1982 Coll.
The Federal Ministry of Finance pursuant to Article 391 (1) (a) (2) and (b) of the Economic Code No 109 / 1964 Coll., in the full version of the Act No. 45 / 1983 Coll., and § 28 (d) and (e) of the Act No. 134 / 1970 Coll., on the State Budget Rules of the Czechoslovak Federation and on the Principles for the Management of the State Budget Funds of the Federation and Republics (Budget Rules), Ministry of Finance of the Czech Socialist Republic pursuant to § 39 (2) (a) of the Slovak National Council Act No. 32 / 1971 Coll., on the State Budget Rules of the Slovak Socialist Republic and on the Management of Budget Funds (Budget Rules), and the Ministry of Finance of the Slovak Socialist Republic under § 39 (2) (a) of the Slovak National Council Act No. 32 / 1971 Coll.
The Decree of the Federal Ministry of Finance and the President of the State Bank of Czechoslovakia No. 162 / 1980 Coll., on the financing of the reproduction of basic funds, as amended by Decree No. 180 / 1982 Coll., is amended as follows:
Article 1 (1) reads as follows:
"(1) This decree provides for the creation and use of an investment fund and other resources and for the financing of the reproduction of basic funds and other tangible assets in production units, (1) in state economic organisations organised in a production unit, group companies and special purpose enterprises, in state economic organisations organised outside production units, in other state socialist organisations and in foreign trade organisations (2) (hereinafter referred to as" the organisation '), carried out in a supplier's way or under its own direction.'
Article 2 (2) reads as follows:
"(2) The basic appropriations shall also include items acquired by the organisation in the framework of non-investment expenditure on the development of science and technology, (3) if they correspond to the concept of basic appropriations referred to in paragraph 1. ';
3. the letter (d) shall be deleted at 10.
4. The title of Part Three is as follows:
INVESTMENT FUND "
5.
Investment fund of the production unit
(1) The investment fund of production units (1) consists of:
(a) an allocation according to the depreciation standard of basic funds, which shall be determined by the percentage of the planned depreciation and by the profit standard allocation determined by the percentage of profit; the standards shall be determined from the depreciation of the basic funds and from the profit of the production unit as a whole in its financial plan in relation to the planned volume of investments (including planned other investments), project documentation and repayments of investment credits;
(b) contributions from other organisations, 4)
(c) revenue from the sale of basic funds and investments;
(d) transfer from other funds where provided, 5)
(e) depreciation of subordinate enterprises (6) intended for centralisation;
(f) transfer from other sources, where appropriate. 7)
(2) The investment fund of the production unit may also consist of:
(a) a supernormative allocation
- the increase in profits in accordance with the decisions and conditions laid down by the central authority supervisor in agreement with the relevant Ministry of Finance,
- from the export material stimulation fund (8), up to 50% of the planned profit allocation by normatics,
(b) by allocation from centralised sources to a superior central authority;
(c) a special-purpose allocation from a superior central authority (from centralised depreciation of basic funds and, where appropriate, from profit) to finance investments provided for as binding tasks of the State Plan;
(d) special-purpose subsidies from the state budget, 9) possibly from state funds.
(3) In calculating the profit allocation to the investment fund of the production unit, the actual profit used to calculate the amount of the allocation shall be deducted and the actual loss shall be added to the amounts expressing the losses caused by the non-bone-like production in full of those losses, but up to a maximum of 2% of the output. 10)
(4) The profit allocation according to the normative may be made monthly during the year at the level of actual needs, but up to the amount of the normative. The supernormative allocation may be made during the year of the advance payment, up to the amount specified in paragraph 2 (a).
(5) The allocation of depreciation of basic appropriations may be made during the year in advance monthly up to the amount of the annual plan in the manner and within the time limits laid down in the specific regulation. 11)
(6) The investment fund of production units with a planned loss or relatively low profit formation and production units subject to the payment of the free balance of profit, production units under the responsibility of the Federal Ministry of Fuel and Energy and production units for agricultural supplies and purchases and agricultural production shall constitute a fixed amount in accordance with the conditions laid down by the superior central authority in agreement with the competent Ministry of Finance.
(7) The investment fund of the production unit is used:
(a) to finance planned investments and project documentation, including the authorial supervision of the production unit;
(b) to finance other investments in the production unit;
(c) to pay the instalments of the investment credits of the production unit;
(d) to provide contributions to other organisations;
(e) allocations to investment funds to subordinate undertakings from centralised sources;
(f) the contributions to the central authority,
(g) for other purposes in accordance with specific provisions.
(8) Funds which will not be used as a result of non-performance of construction tasks over 10 million CZK of budgetary costs may not be used to finance other investment needs referred to in paragraph 7, except for the actual savings of budgetary costs of completed buildings.
(9) Investment fund funds of the production unit shall be deposited in a separate account with the bank.
(10) Transfers from the investment fund of the production unit to other funds of the production unit are not permitted. '
6. § 12 is deleted.
7. Paragraph 13, including the title, reads:
Investment fund of the enterprise
(1) The investment fund of an undertaking, (6) Except for foreign trade organisations, is constituted by an allocation according to the normative provision of depreciation of basic funds and profit mutatis mutandis in accordance with § 11 (1) (a), (3) and other allocations under § 11 (1) (b), (c), (d) and (f).
(2) The investment fund of an undertaking, (6) With the exception of foreign trade organisations, may also be constituted mutatis mutandis in accordance with Article 11 (2).
(3) The allocations to the investment fund of an undertaking, with the exception of foreign trade organisations, are made by analogy in accordance with Article 11 (3), (4) and (5).
(4) The investment fund of undertakings with a planned loss or relatively low profit formation, undertakings subject to the payment of the free balance of profits, foreign trade organisations, organisations under the responsibility of the Federal Ministry of Fuel and Energy, state agricultural production organisations, organisations managed by the production unit of agricultural supplies and purchases is made up of a fixed amount in accordance with the conditions laid down by the supervisory central authority in agreement with the competent Ministry of Finance; The Ministry of Finance of the Republic shall lay down the conditions for organisations governed by national committees.
(5) The investment fund of undertakings and organisations referred to in paragraph 4 shall apply:
(a) to finance planned investments and project documentation, including copyright;
(b) to finance other investments;
(c) to cover repayments of investment credits;
(d) to provide contributions to other organisations;
(e) for other purposes in accordance with specific rules.
(6) Funds which will not be used as a result of non-performance of construction tasks over 10 million CZK of budgetary costs may not be used to finance other investment needs referred to in paragraph 5, except for the actual savings of budgetary costs of completed buildings.
(7) Investment fund funds shall be deposited in a separate account with the Bank.
(8) Transfers from the IF to other funds are not permitted. "
8. Paragraph 14 is deleted.
9. Paragraph 15 is deleted.
10. Article 16 (5) reads as follows:
"(5) For all constructions over 10 million CZK of budgetary costs (Title II-VIII of the general budget of the construction), the organisation shall submit to the branch of the Bank before starting financing:
(a) a registration document for the planned construction (12) (as a basis for financing project work); not submitted for the construction of the Z action,
(b) the approved general budget of the construction, including the recap of the costs to the general budget13) and the recap of the costs according to the integrated parts of the construction, which are divided into whole parts, 14)
(c) a registration document for the building being opened. 12). "
11. Article 17 (4) reads as follows:
"(4) The branch of the Bank shall carry out the financing referred to in paragraph 3 upon submission of the supporting documents referred to in Article 16:
(a) for buildings over 10 million CZK of budgetary costs and for buildings referred to in Article 16 (6) up to the approved general budget of the construction; for these constructions, which are divided into whole parts, 14) the branch of the bank may finance according to the whole parts of the construction,
(b) for project documentation of construction over 10 million CZK of budgetary costs up to the amount of Title I of the approved general budget of the construction, or up to the amount of the project work referred to in the registration document of the building in preparation, 12)
(c) for constructions up to 10 million CZK of budgetary costs, with the exception of those referred to in Article 16 (6), machinery and equipment not included in the budget of the construction and other investments not included in the budget of the construction, up to the amount of resources in the investment fund or up to the level of the financial limits or, where appropriate, the authorised investment loan or subsidy. ";
12. Paragraphs 5 and 6 shall be deleted in Paragraph 17. Paragraph 7 shall become paragraph 5 and read:
"(5) In the case of complex residential buildings, the branch of the bank shall finance this construction according to the whole parts of the buildings, 14) or according to the buildings and operating files."
13. Paragraph 20 (2) reads as follows:
"(2) Organisations may also finance from operational (non-investment) funds and / or from the repair fund:
(a) the costs incurred for the reconstruction and modernisation of the basic funds (including the relevant documentation) carried out at the same time as the correction;
1. where the total budgetary cost of the reconstruction or modernisation, including the correction, does not exceed CZK 10 million; the general budget shall not specify the repair and reconstruction or modernisation costs; or
2. if the budget cost of reconstruction or modernisation is up to a maximum of CZK 10 million; for basic funds with a purchase price not exceeding 20 million CZK, the budget cost of reconstruction or modernisation may not exceed 50% of the purchase price of the base vehicle (this cost does not include repair costs). The general budget shall specify the repair and reconstruction or modernisation costs.
The competent central authority shall decide which of the procedures referred to in Article 1 or 2 may be applied to all organisations governed by it,
(b) the costs of works and supplies associated with the preservation and restoration of the basic functions of the buildings of immovable cultural monuments entered on the State list of real cultural monuments, unless such works create a new technical unit with a permanent technical and economic purpose; in so doing, medical, heating, electrical and other technical and security arrangements can be carried out to ensure the basic function of the cultural monument. For the purposes of this decree, its use for cultural or cultural political purposes, for the purposes of trade and services and for social security purposes shall not be considered as a new operational technical unit with a permanent technical and economic identification of a cultural monument. ';
14. in Paragraph 23, paragraph 3 is deleted.
15. Article 26 (1) and (2) reads as follows:
"(1) The Federal Ministry of Finance may provide for a derogation and, on a case-by-case basis, allow an exemption from the provisions of Sections 2, 6, 11, 13, 18, 19, 20 and 23 for organisations managed by the Federation authorities. The Ministry of Finance of the Republics may provide for a derogation and, on a case-by-case basis, allow an exemption from the same provisions for organisations managed by the authorities of the Republics; in so doing, with the exception of budgetary and contribution organisations and organisations managed by national committees, in agreement with the Federal Ministry of Finance.
(2) The Federal Ministry of Finance may, in particular justified cases, provide for a derogation in an agreement with the Bank's Central Authority with regard to organisations managed by the Federation bodies and the competent Ministry of Finance of the Republic in an agreement with the Bank's Central Authority, on a proposal from the competent central authority, in which it will increase or reduce, for each item, the limit of five thousand Kčs established for basic funds; in so doing, the Ministry of Finance of the Republics, with the exception of budgetary and contribution organisations and organisations managed by national committees, shall proceed in agreement with the Federal Ministry of Finance. ';
16. In Paragraph 27 (3), the following sentence is added at the end: "The designation of sets of articles and of combined technological and construction units which are considered as the only essential means shall remain valid unless the superior central authority decides otherwise; for organisations managed by national committees, the Ministry of Finance of the Republic shall decide. '
This Decree shall take effect on 1 January 1986.
Minister of Finance of the Czechoslovak Socialist Republic:
vz. Ing. Jombib CSc. v. r.
Minister of Finance of the Czech Socialist Republic:
Ing. Stomach v. r.
Minister of Finance of the Slovak Socialist Republic:
Ing. Misheje v. r.
Chairman of the Czechoslovak State Bank:
Ing. Stejskal v. r.
1) Article 2 (2) of the Decree of the Government of the Czech Republic No 161 / 1980 Coll., on the financial management of production units and enterprises, as amended by the Decree of the Government of the Czech Republic No 100 / 1985 Coll. (Full version No 106 / 1985 Coll.).
2) § 3 (c) of Act No. 42 / 1980 Coll., on Economic Relations with Foreign Affairs.
3) Sections 3 and 6 of the Decree of the Federal Ministry of Finance, the Ministry of Finance of the Czech Republic and the Ministry of Finance of the SSR No. 118 / 1984 Coll., on the financing of non-investment expenditure for the development of science and technology.
4) For example, the Order of the Federal Ministry of Finance, the Ministry of Finance of the Czech Republic and the Ministry of Finance of the SSR No. 151 / 1978 Coll., on the pooling of funds by socialist organisations, as amended by Decree No. 15 / 1984 Coll.
5) For example Decree No. 165 / 1980 Coll., on the Fund of Cultural and Social Needs.
6) Paragraph 2 (3) of Decree No. 161 / 1980 Coll., as amended by Decree No. 100 / 1985 Coll. (Full version No. 106 / 1985 Coll.).
7) For example, § 5 (3) of Decree of the Federal Ministry of Finance No. 90 / 1972 Coll., on the financing of certain corporate social consumption facilities and certain activities of economic organisations and foreign trade organisations.
8) Rules for the application of financial economic instruments in foreign trade for the period 1986- 1990 no. IX / 1-1450 / 1985.
9) Framework principles for granting subsidies from the State budget for investment construction provided by the Government of the CSSR.
10) Measures of the Government of CSSR No. 116 / 1982 Coll., to ensure and further improve the quality of production and similar economic activity, approved by the Government of CSSR Resolution No. 253 of 9 September 1982, as amended by the Government of CSSR No. 39 / 1985 Coll.
11) Articles 32 and 71 (2) of the Decree of the Government of the Czech Republic No 161 / 1980 Coll., as amended by the Decree of the Government of the Czech Republic No 100 / 1985 Coll. (full version No 106 / 1985 Coll.).
12) Paragraph 11 (1) of the Decree of the State Commission for Scientific, Technical and Investment Development and the Federal Statistical Office No. 145 / 1983 Coll., on authorising the start of construction, confirming the date of completion and registration of construction.
13) Annex No. 12 to the Decree of the Federal Ministry of Technical and Investment Development No. 105 / 1981 Coll., on documentation of buildings.
14) For example, the guidelines of the Federal Ministry of Technical and Investment Development of 31 March 1983 for the processing of certain parts of the building documentation - Annex 2 to these guidelines.
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Regulation Information
| Citation | Decree of the Federal Ministry of Finance, the Ministry of Finance of the Czech Socialist Republic, the Ministry of Finance of the Slovak Socialist Republic and the President of the State Bank of Czechoslovakia No. 108 / 1985 Coll., amending and supplementing Decree No. 162 / 1980 Coll., on the financing of the reproduction of basic funds, as amended by Decree No. 180 / 1982 Coll. |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 09.12.1985 |
|---|---|
| Effective from | 01.01.1986 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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