What is Government Decree No. 163 / 2005 Coll.?

Government Decree No. 163 / 2005 Coll., amending Government Decree No. 142 / 1994 Coll., determining the amount of interest on late payments and late payment under the Civil Code — Government Regulation amending Government Regulation No. 142 / 1994 Coll., determining the amount of interest on late payments and the fee on late payments under the Civil Code.

When it became Government Decree No. 163 / 2005 Coll. effectiveness?

Government Decree No. 163 / 2005 Coll. became effective 28.04.2005.

Is Government Decree No. 163 / 2005 Coll. still valid?

Yes, Government Decree No. 163 / 2005 Coll. is still valid and effective.

How many times was it Government Decree No. 163 / 2005 Coll. amended?

Government Decree No. 163 / 2005 Coll. has 2 time versions of the text.

Government Decree No. 163 / 2005 Coll.

Government Regulation amending Government Regulation No. 142 / 1994 Coll., determining the amount of interest on late payments and the fee on late payments under the Civil Code

Valid Regulation Effective from 28.04.2005

Text versions: 28.04.2005

Čl. I „§ 1 Čl. II Čl. III

163

GOVERNMENT REGULATION

of 23 March 2005

amending Decree No. 142 / 1994 Coll., determining the amount of interest on late payments and the late payment fee under the Civil Code

The Government orders pursuant to § 517 paragraph 2 of Act No. 40 / 1964 Coll., Civil Code, as amended by Act No. 509 / 1991 Coll.:

Čl. I

In Decree No. 142 / 1994 Coll., determining the amount of interest on late payments and the fee for late payments under the Civil Code, § 1 reads as follows:

„§ 1

The amount of interest on late payment corresponds annually to the rate of repo set by the Czech National Bank, plus seven percentage points. In each calendar semester in which the debtor's default persists, the amount of interest on late payments shall depend on the rate of the repo rate set by the Czech National Bank and applicable for the first day of the relevant calendar semester. "

Čl. II

Transitional provision

The amount of interest on late payment shall be governed by Government Decree No. 142 / 1994 Coll., as amended by this Regulation, if the delay in the payment of the cash debt has occurred since the date of entry into force of this Regulation. The amount of interest on late payments made before the date of entry into force of this Regulation shall be governed by existing legislation.

Čl. III

Efficacy

This Regulation shall enter into force on the day of its publication.

Prime Minister:

JUDr. Gross v. r.

Minister of Justice:

JUDr.

Čl. I „§ 1 Čl. II Čl. III

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Regulation Information

Citation	Government Decree No. 163 / 2005 Coll., amending Government Decree No. 142 / 1994 Coll., determining the amount of interest on late payments and late payment under the Civil Code
Regulation Type	Regulation
Author	-
Collection	Code of Laws

Date of Promulgation	28.04.2005
Effective from	28.04.2005
Effective until	-
Status	Valid

Legal Areas: Civil law Civil law substantive

The regulation text is for informational purposes only.

Government Decree No. 163 / 2005 Coll.

Government Regulation amending Government Regulation No. 142 / 1994 Coll., determining the amount of interest on late payments and the fee on late payments under the Civil Code

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