Legislative measure of the Bureau of the Federal Assembly No 14 / 1973 Coll.
Legal action by the Bureau of the Federal Assembly on granting loans with a State contribution to young spouses
Valid
Effective from 01.04.1973
14
LEGAL MEASURES
Bureau of the Federal Assembly
of 6 March 1973
on granting loans with a national contribution to young spouses
The Bureau of the Federal Assembly of the Czechoslovak Socialist Republic has acted in accordance with Article 58 (3) of Constitutional Law No. 143 / 1968 Coll., on the Czechoslovak Federation, on the following legal measure:
Basic provisions
(1) Beneficial loans may be granted to young spouses (hereinafter referred to as "loans")
(a) to cover a member's share of cooperative housing and expenditure linked to the construction or purchase of a family house, the construction of a house with personal property, the purchase of a private-owned apartment, the establishment of an apartment from non-residential premises, an extension or conversion (hereinafter referred to as "a loan for the purchase of an apartment");
(b) for the purchase of housing equipment (hereinafter referred to as "the loan to the apartment").
(2) A State contribution is granted to cover loans.
Loans
(1) Loans may be granted to spouses who lead the working person's proper life if they fulfil the following additional conditions:
(a) both spouses are resident in the Czechoslovak Socialist Republic and at least one of them is a citizen of the Czechoslovak Socialist Republic,
(b) the spouses have married for the effectiveness of this legal measure or three years before the date on which it takes effect;
(c) in the year of the submission of the application for the conclusion of a loan contract, the spouses under the age of 30 or that age are reached in the year of the submission of the application for the conclusion of the loan contract;
(d) the sum of the average monthly net income of both spouses from or similar to the employment relationship, from other gainful activities, from working in the single agricultural cooperative, from cash benefits of sickness insurance replacing wages, invalidity and partial disability pensions and student scholarships, does not exceed CZK 5000 in the calendar year preceding the conclusion of the loan agreement.
(2) Loans may also be granted to a citizen of the Czechoslovak Socialist Republic, even if he does not live in marriage, provided that he has, in direct action, at least one of his own or adopted child who did not exceed the age of three years on the date of entry into force of the legal measure; However, a citizen must comply with the conditions laid down for spouses in paragraph 1, with the exception of the provisions under point (b).
(3) The loan may not be granted in particular if it is not expected to be repaid properly.
(1) Loans may be granted up to a maximum of 30 000 CZK; the total of loans to spouses or citizens (Paragraph 2 (2)) for the acquisition of an apartment and for the installation of an apartment may not exceed that amount.
(2) The annual interest rate on a loan for the acquisition of an apartment is 1%, on a loan for an apartment of 2,5%.
(3) The maturity of the loans is a maximum of 10 years. At the request of the spouse (citizen) at the time of the birth of each child who took place after the conclusion of the loan agreement, the State savings bank which granted the loan may authorise the deferral of the repayment for up to one year, even if the ten-year maturity is extended.
State contribution
(1) The State contribution is granted
(a) to cover the loans of spouses having a child after the conclusion of the loan agreement;
(b) to cover the loans of a citizen (Paragraph 2 (2)) who was born after the legal measure took effect and lived one year after the conclusion of the loan agreement.
(2) The right to a State contribution arises on the day on which the child lived one year, even if the marriage of the spouses of the loan was no longer possible at that time.
(3) The State contribution is 2000 Cds for the first child, 4000 Cds for the second and each additional child. In order to determine whether the child is the first, second or other child, the number of children who are bound by the loan agreement on the day on which the entitlement to the State contribution is established shall be decisive; they must be children of their own or adopted age until the end of compulsory education.
(4) A contribution shall be granted only once in the run-up of entitlements to the same child; in case of doubt, it shall be granted to cover the loans of the borrower under the loan agreements which the child has in his arrangement.
(5) If, on the day on which the entitlement to the State contribution is claimed, the outstanding loan does not reach the amount of the contribution, the State contribution shall be limited to the amount of the remainder of the loans.
(6) The State contribution shall not be granted if, due to lack of care, one of the children has been entrusted by the court to another citizen's education or to constitutional education.
(1) The State contribution will be used as an exceptional instalment for loans, preferably for loans for flat installations.
(2) The entitlement to the State contribution must be exercised by the debtor under the loan agreement against the State savings bank which granted the loan within three years of its creation. otherwise the claim shall cease. Any disputes shall be settled by the court.
General and final provisions
(1) The loan is granted by the Czech State Savings Bank to spouses (citizens) resident in the Czech Socialist Republic, Slovak State Savings Bank (citizens) residing in the Slovak Socialist Republic; If both spouses are not resident in the same Republic, only one of the state savings banks may grant them a loan.
(2) The State contribution is paid by the Ministry of Finance of the Czech Socialist Republic, the Slovak State Savings Office of the Slovak Socialist Republic.
The Government of the Czechoslovak Socialist Republic may, if necessary, make the conditions for granting loans provided for in § 2 (1) (c) and (d) and § 3 and the condition for granting the State contribution provided for in § 4 (1) more favourable to spouses.
Act No. 56 / 1948 Coll., on State aid to newlyweds is hereby repealed; However, legal relationships arising before 1 April 1973 shall be assessed in accordance with the provisions still in force.
This legal measure shall take effect on 1 April 1973.
Freedom v. r.
Indra v. r.
Dr Strougal v. r.
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Regulation Information
| Citation | Legal measure of the Bureau of the Federal Assembly No 14 / 1973 Coll., on the granting of loans with a State contribution to young spouses |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 09.03.1973 |
|---|---|
| Effective from | 01.04.1973 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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