Decree of the State Bank of Czechoslovakia No. 128 / 1950 Coll.
Decree published by the State Bank of Czechoslovakia on the obligation to report certain foreign disputes
Valid
Effective from 31.08.1950
128.
Decree of the Minister of Finance
of 22 August 1950
publishing a measure of the Czechoslovak State Bank on the obligation to report certain foreign disputes.
The Minister of Finance declares, pursuant to § 27 (6) of Act No. 92 / 1946 Coll., on the Bound Foreign Exchange Economy (Foreign Exchange Act), the attached measure of the Czechoslovak State Bank of 17 August 1950. This measure shall take effect on the day of its publication.
Cable v. r.
Measures
Czechoslovak State Banks
of 17 August 1950
on the obligation to report certain foreign disputes.
According to § 26 of the Foreign Exchange Act, the State Bank of Czechoslovakia provides:
(1) Devis landlords (§ 2 (1) of the Foreign Exchange Act) are obliged to report to the Czechoslovak Bank (foreign group) property-law disputes against a foreign country in which they act as plaintiffs, defendants or other participants (interveners and others), both before the courts and authorities of the foreign and domestic countries.
(2) The notification is to be made by letter containing a brief statement of the facts.
The dispute referred to in Paragraph 1 shall also be treated as disputes similar to those in dispute, in particular to the courts of arbitrators, restitution proceedings, bankruptcy and settlement proceedings, patent and mark proceedings, etc.
(1) The reporting obligation is fulfilled
(a) if the dispute is to be initiated on the initiative of a foreign exchange domestic before the dispute begins;
(b) if the dispute is initiated on the initiative of a foreign exchange stranger, immediately as soon as the foreign exchange suspect becomes aware of it,
(c) disputes already initiated immediately after the publication of this measure.
(2) The reporting obligation shall be deemed to have been fulfilled if the foreign exchange seal has already declared the dispute to the Czechoslovak Bank or the Czechoslovak National Bank prior to the announcement of this measure.
Czechoslovak State Bank
Director-General:
Dr Pohl v. r.
Deputy Director General:
Kováčik v. r.
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Regulation Information
| Citation | Decree of the State Bank of Czechoslovakia No. 128 / 1950 Coll., which publishes the measure of the State Bank of Czechoslovakia on the obligation to report certain disputes with foreign countries |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 31.08.1950 |
|---|---|
| Effective from | 31.08.1950 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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