Act No. 119 / 1995 Coll.

Act supplementing Act No. 111 / 1990 Coll., on State Enterprise, as amended by Act No. 92 / 1991 Coll.

Valid Law Effective from 14.07.1995
Text versions: 14.07.1995
Contents
119
THE LAW
of 25 May 1995
supplementing Act No. 111 / 1990 Coll., on State Enterprise, as amended by Act No. 92 / 1991 Coll.
Parliament has decided on this law of the Czech Republic:
Čl. I
Act No. 111 / 1990 Coll., on a State Company, as amended by Act No. 92 / 1991 Coll., is added as follows:
Paragraph 6 of the Act is added to paragraph 4, which includes footnote 6 (a):
"(4) An undertaking may not grant gifts and other free of charge from the assets it manages if it receives funds from the State budget or the budget of the District Office in the same calendar year; in other cases, the holding of assets with which it manages may provide gifts and other free of charge only for the purposes and to the extent specified in the Income Tax Act. 6a)
6a) § 20 (8) of ČNR Act No. 586 / 1992 Coll., on Income Tax, as amended. '
Čl. II
This Act shall take effect on the day of its publication.
Uhde v. r.
Havel v. r.
Klaus v. r.

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Regulation Information

CitationAct No. 119 / 1995 Coll., supplementing Act No. 111 / 1990 Coll., on State Enterprise, as amended by Act No. 92 / 1991 Coll.
Regulation TypeLaw
Author-
CollectionCode of Laws
Date of Promulgation14.07.1995
Effective from14.07.1995
Effective until-
Status Valid
The regulation text is for informational purposes only.
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