Decree of the Foreign Trade Minister No. 154 / 1965 Coll.
Decree of the Minister for Foreign Trade on certain amendments in Decree of the Minister for Foreign Trade No 308 / 1953 Ú. l., on the conversion of Motokov, a joint-stock company for the import and export of vehicles and light metal products to a company for foreign trade
Valid
Effective from 01.01.1966
154
DECLARATION
Minister for Foreign Trade
of 28 December 1965
on certain amendments to the Foreign Trade Minister Decree No 308 / 1953 Ú. l., on the transformation of Motokov, a public limited company for the import and export of vehicles and light metal products into a foreign trade company
The Foreign Trade Minister provides in an agreement with the Minister of Finance pursuant to § 2, 18 and 20 of Act No. 119 / 1948 Coll., on the State Organisation of Foreign Trade and International Sailing:
Decree of the Foreign Trade Minister No 308 / 1953 Ú. l., on the conversion of Motokov, a joint-stock company for the import and export of vehicles and light metal products to a foreign trade undertaking, is amended as follows:
1. In Paragraph 1, the name of the undertaking is changed by:
MOTOKOV, foreign business.
Article 2 (1) reads as follows:
"(1) The business is engaged in foreign trade, in particular the export and import of vehicles, in particular road vehicles (cars, single-track motor vehicles, bicycles), tractors and agricultural machinery, equipment and accessories for vehicles, including tyres, and equipment for the assembly and manufacture of certain vehicles and agricultural machinery and parts thereof (bodywork, autopaint, car repair and service stations).
The authorisation of an undertaking shall also include the supply of parts of equipment, spare parts, components, projects, assembly and technical assistance, or construction parts of supplies, in so far as this relates to the goods reserved to the undertaking. '
3.
(1) The undertaking is a separate legal entity.
(2) The company is an economic organisation which manages itself and is responsible for its obligations with its assets.
(3) Neither the State nor any other organisation is liable for the undertaking's actions and commitments.
(4) The company is not liable for the obligations of the State or other organisations.
(5) An undertaking shall be registered as owner of immovable property. '
4. In Article 5, the words "the Director-General 'are replaced by the words" the Director-General'.
5.
(1) The company is under the responsibility of the Ministry of Foreign Trade.
(2) The Minister of Foreign Trade issues further provisions on the mission and main tasks of the enterprise, its organisation, management, conduct of business and supervision of the Ministry of Foreign Trade. The financing, lending, payment, invoicing and cash operations of an undertaking shall be governed by specific rules. ';
6. The following Section 8a is inserted after Section 8:
The company may conclude contracts for associations with supplier and customer economic organisations to improve supply and customer relations and to improve the economic efficiency of foreign trade and production. ';
This Decree shall take effect on 1 January 1966, with the exception of Article I (2), which shall take effect on 1 July 1966. *)
Minister:
Hamouz v. r.
*) Thus, until 30 June 1966 the subject matter of the business under Paragraph 2 (1) of Decree No. 308 / 1953 Ú. l.
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Regulation Information
| Citation | Decree of the Minister for Foreign Trade No. 154 / 1965 Coll., on certain amendments to the Order of the Minister for Foreign Trade No. 308 / 1953 Ú. l., on the conversion of Motokov, a public limited company for the import and export of vehicles and light metal products to a foreign trade company |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 31.12.1965 |
|---|---|
| Effective from | 01.01.1966 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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