Act No. 123 / 2002 Coll.
Law on the acceptance of credit by the Czech Republic from the European Investment Bank to finance investment needs related to the implementation of the project Support of investment measures for flood protection in the Czech Republic under the flood prevention programme
Valid
Law
Effective from 12.04.2002
Text versions:
12.04.2002
123
THE LAW
of 13 March 2002
on the acceptance by the Czech Republic of a loan from the European Investment Bank to finance investment needs related to the implementation of the project Support of investment measures for flood protection in the Czech Republic under the flood prevention programme
Parliament has decided on this law of the Czech Republic:
(1) The Czech Republic is entitled to receive a loan from the European Investment Bank to finance investment needs related to the implementation of the project Support of investment measures for flood protection in the Czech Republic under the flood prevention programme (1) up to EUR 60 000 000, due up to 31 December 2022.
(2) The project Supports investment measures for flood protection in the Czech Republic means preparation, construction and control of actions in the flood prevention programme.
(3) The loan agreement for acceptance of the loan referred to in paragraph 1 is negotiated on behalf of the Czech Republic by the Minister for Finance.
The total expenditure of the State Budget approved by the State Budget Act in the financial year in which the funds thus obtained will be used may be exceeded by the funds obtained under Article 1. This overrun shall be amended in the relevant financial year by the balance of the State budget and by the appropriations.
This Act shall take effect on the day of its publication.
Klaus v. r.
Havel v. r.
v Rychetský v. r.
1) Sections 12 and 13 of Act No. 218 / 2000 Coll., on budgetary rules and amending certain related laws (budgetary rules).
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Regulation Information
| Citation | Act No. 123 / 2002 Coll., on the acceptance by the Czech Republic of a loan from the European Investment Bank to finance investment needs related to the implementation of the project Support of investment measures for flood protection in the Czech Republic under the flood prevention programme |
|---|---|
| Regulation Type | Law |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 12.04.2002 |
|---|---|
| Effective from | 12.04.2002 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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