Act No. 15 / 2012 Coll.
Act amending Act No. 178 / 2005 Coll., on the abolition of the National Property Fund of the Czech Republic and on the jurisdiction of the Ministry of Finance in the privatisation of the Czech Republic (Act on the abolition of the National Property Fund), as amended
Valid
Effective from 17.01.2012
15
THE LAW
of 20 December 2011
amending Act No. 178 / 2005 Coll., on the abolition of the National Property Fund of the Czech Republic and on the jurisdiction of the Ministry of Finance in the privatisation of the Czech Republic (Act on the abolition of the National Property Fund), as amended
Parliament has decided on this law of the Czech Republic:
Act No. 178 / 2005 Coll., on the abolition of the National Property Fund of the Czech Republic and on the jurisdiction of the Ministry of Finance in the privatisation of the Czech Republic, as amended by Act No. 171 / 2006 Coll., Act No. 228 / 2006 Coll., Act No. 443 / 2006 Coll., Act No. 31 / 2008 Coll., Act No. 26 / 2008 Coll. and Act No. 112 / 2009 Coll., is amended as follows:
1. In Section 4, the words "which are subordinate to a comprehensive account 'are inserted after the words" in special accounts'.
2. in Article 5 (3) (c), including footnote 5:
"(c) in accordance with the Government's decision
1. to fulfil the obligations of the undertakings to be privatised, in particular those arising from loans secured by lien;
2. to finance expenditure on the activities of state-owned enterprises which have been privatised and which must be retained, in particular because of outstanding entitlements of beneficiaries under specific legislation;
3. to cover the costs of the disposal of environmental damage caused by the firm's activities;
4. to cover the costs and support of investment and non-investment actions related to the correction of environmental damage caused by mineral mining and the revitalisation of the territories concerned and to the cost of saving the jewels of our national identity and architectural heritage of the Czech Republic,
5. to transfer to the State budget where the budgeted income of pension insurance premiums, including income from periodic penalty payments and fines related to pension insurance, together with the amount of the value added tax revenue included for any transfer from the State budget to the State financial assets into the account of the pension reform reserve (5), is lower than the budgeted expenditure on pension insurance benefits, including expenditure relating to the collection of pension insurance premiums and the payment of pension insurance benefits; the amount budgeted shall be transferred up to the actual difference expected in accordance with the part of the sentence before the semicolon;
6. to transfer to the State Fund for Transport Infrastructure,
7. to transfer to the State Housing Development Fund,
8. financial support for development projects for areas for industrial use approved by the Government.
5) Article 36 (3) of Act No. 218 / 2000 Coll., as amended. '
3. in Article 5 (3) (e):
"(e) to cover the costs associated with the restitution and privatisation litigation which the Ministry is obliged to pay for the costs associated with the litigation and administrative procedures resulting from the application of Act No. 427 / 1990 Coll., on transfers of State ownership to other legal or natural persons, as amended, and, where appropriate, to cover the related damage caused by the Ministry, and before 1 January 2006 to the Fund, and to cover the costs associated with the settlement of extrajudicial agreements concluded between the Ministry and persons seeking to satisfy their claims against the Czech Republic as a result of incorrect or unlawful treatment by the Ministry and before 1 January 2006 in respect of transfers of State assets to other persons and recognised by the Ministry for their non-dispute,"
4. in Article 5 (3), point (g) is deleted;
Points (h) to (k) shall be renumbered as points (g) to (j).
5. in Article 5 (3) (g):
"(g) to cover the costs of the Ministry relating to the negotiation and implementation of privatisation projects and privatisation decisions and to cover the costs of the maintenance and repair of assets, which, after its privatisation, transferred from its owners back to the ownership of the Czech Republic; to cover the costs associated with the management of assets and liabilities following the disappearance of the Czech consolidation agency, as well as the costs associated with the management of assets and liabilities, which have been transferred or transferred to the Ministry in connection with the abolition or demise of other transformation institutions or organisations involved in the preparation and implementation of the privatisation process of the State's assets. '
6. in Article 5 (3), points (h) to (j) are deleted;
7. Paragraph 5 is deleted.
This Act shall take effect on the day of its publication.
Germany
Klaus v. r.
Nausea v. r.
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Regulation Information
| Citation | Act No. 15 / 2012 Coll., amending Act No. 178 / 2005 Coll., on the abolition of the National Property Fund of the Czech Republic and on the jurisdiction of the Ministry of Finance in the privatisation of the Czech Republic (Act on the abolition of the National Property Fund), as amended |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 17.01.2012 |
|---|---|
| Effective from | 17.01.2012 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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