Decree of the Chief Arbiter of the Czechoslovak Socialist Republic No. 128 / 1962 Coll.
Decree of the Chief Arbiter of the Czechoslovak Socialist Republic on adjusting the rates of property sanctions for supplies for investment construction
Valid
Effective from 01.01.1963
128
DECLARATION
Chief Arbiter of the Czechoslovak Socialist Republic
of 21 December 1962
on the adjustment of property penalty rates for supplies for investment construction
The main arbiter of the Czechoslovak Socialist Republic shall, in agreement with the State Planning Commission and the participating central authorities, provide, pursuant to Article 190 (2) (a) of Act No. 69 / 1958 Coll., on Economic Relations between Socialist Organisations:
Double periodic penalty payments provided for by Act No. 69 / 1958 Coll., on economic relations between socialist organisations and, where applicable, its implementing rules, for supplies (subcontracting) of products, works and performances intended for centralised investment construction, shall be valid only for supplies (subcontracting) for centralised buildings
(a) which the Government has established that their putting into service and completion must be ensured preferably in the preparation of the construction and in its implementation, *)
(b) which are intended immediately to safeguard the State's defence.
(1) The contractor (investor) is obliged to notify the supplier that it is a supply (sub-supply) for the construction referred to in § 1, at the latest when the economic contract was concluded, or if the construction was subsequently included in the buildings referred to in § 1, without undue delay after the customer became aware of the measure.
(2) In the case of supplies (subcontracting) for the buildings referred to in Paragraph 1, for which an economic contract was concluded before the date of application of this decree, the customer (investor) is obliged to make the notification referred to in paragraph 1 by 31 January 1963.
For buildings other than those referred to in § 1 and in cases where the customer has failed to comply with the obligation set out in § 2, periodic penalty payments shall be made at a simple rate.
This decree shall take effect on 1 January 1963.
Main Arbiter
Czechoslovak Socialist Republic:
Dr Dohnal v. r.
*) These structures were laid down in particular by Government resolutions No 502 of 11 June 1962 and No 938 of 3 October 1962.
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Regulation Information
| Citation | Decree No. 128 / 1962 Coll. of the Chief Arbiter of the Czechoslovak Socialist Republic on adjusting the rates of property sanctions for supplies for investment construction |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 29.12.1962 |
|---|---|
| Effective from | 01.01.1963 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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