Decree of the Ministry of Finance and the Czech National Bank No. 169 / 1994 Coll.
Decree of the Ministry of Finance and the Czech National Bank, amending and supplementing the Decree of the Federal Ministry of Finance and the State Bank of Czechoslovak No. 303 / 1992 Coll., implementing the Foreign Exchange Act
Valid
Order
Effective from 01.09.1994
Text versions:
01.09.1994
18.08.1994
169
DECLARATION
Ministry of Finance and Czech National Bank
of 3 August 1994
amending and supplementing the Decree of the Federal Ministry of Finance and the State Bank of Czechoslovakia No. 303 / 1992 Coll., implementing the Foreign Exchange Act
The Ministry of Finance and the Czech National Bank provide, pursuant to § 49 of Act No. 528 / 1990 Coll., Foreign Exchange Act, as amended by Act No. 228 / 1992 Coll. (hereinafter "the Act '):
The Decree of the Federal Ministry of Finance and the State Bank of Czechoslovakia No. 303 / 1992 Coll., implementing the Foreign Exchange Act, is amended as follows:
1. Paragraph 1 (1), including footnote (1a), reads as follows:
"(1) The obligation to declare pursuant to § 9 (1) (a), (c) and (d) of the Act shall be fulfilled by the foreign exchange seal - a legal person, at the latest within the time limit set by the Czech National Bank for the submission of foreign exchange statements. (1a)
1a) Measure Česká národní banka č. 10, providing for the submission of statements by banks and branches of foreign banks České národní banka, and measure Česká národní banka č. 11, providing for the submission of statements by persons other than banks Česká národní banka, published in the Bulletin of České národní banka č. 23 / 1993. "
Article 2 (a) reads as follows:
"(a) by gift or inheritance,"
3. after Paragraph 2, the following Section 2a is inserted:
Article 11 (1) of the Act and Article 11 (5) of the Act do not apply to foreign exchange funds
(a) during their safekeeping in court or notary, 1b)
(b) for the period during which the cash guarantee is lodged in criminal proceedings, 1c)
(c) secured during criminal proceedings. 1d)
1b) Paragraph 352 (1) of Act No. 99 / 1963 Coll., Civil Code, as amended (full version No. 240 / 1993 Coll.). § 85 of ČNR Act No. 358 / 1992 Coll., on notaries and their activities.
1c) § 73a of Act No. 141 / 1961 Coll., on Criminal Procedure of the Court (Criminal Code), as amended (complete version No. 69 / 1994 Coll.).
1d) § 47, 78, 79 and 347 of the Code of Criminal Procedure. '
4. In Section 3, the words "or natural persons - entrepreneurs' are added at the end.
5. In Section 4, the words "the Federal Ministry of Defence, the Federal Ministry of Interior and the Federal Security Information Service 'are replaced by the words" the Ministry of Defence, the Ministry of Interior and the Security Information Service'.
6. Paragraph 7 (3) of the sentence in front of the semicolon states: "The amount of bail referred to in point (f) must be proved by the foreign exchange seal - a natural person by confirmation of the Czech representative office or Ministry of Foreign Affairs'.
7. the following paragraphs 3 and 4 are added:
"(3) A foreign exchange bank may export valuables in connection with the performance of its banking activities without a foreign exchange permit.
(4) A foreign exchange seal may, without a foreign exchange permit, export travel cheques, euro cheques and cheques issued by a foreign exchange bank. "
8.
"Export and import of Czech currency and other values denominated in Czech currency
(to Article 30 of the Law)
(1) In travel, anyone can export abroad without a foreign exchange permit and import to the country a maximum of CZK 5000 in cash.
(2) The limit provided for in paragraph 1 for passengers may be combined.
(3) The foreign exchange seal providing refreshments and other services related to the carriage for the Czech currency during transport abroad is entitled to import money in the Czech currency obtained by this sale abroad.
(4) The Czech currency can be exported abroad and imported into the country in all denominations.
(5) Securities denominated in the Czech currency may be exported and imported without a foreign exchange permit. "
9.
[to Paragraph 31 (3) (b) of the Law]
The expression that these are not historical coins is issued by the National Museum in Prague or the Moravian Museum in Brno or the Czech Numismatic Society. "
10. The following Sections 13a, 13b, 13c and 13d are inserted after Section 13, including the title and notes 4), 5), 6) and 7):
"Participating abroad
(to Article 34 of the Act)
(1) A foreign exchange permit pursuant to Paragraph 34 (1) of the Act is not required to acquire foreign securities under a special rule (4) or to obtain them subsequently from a foreign exchange domestic.
(2) The foreign exchange permit provided for in Article 34 (3) of the Act is not required to transfer foreign exchange securities acquired under paragraph 1 to foreign exchange abroad.
4) In particular Act No. 92 / 1991 Coll., on the Conditions for Transfer of State Assets to Other Persons, as amended.
Foreign exchange permission pursuant to § 34 (1) and (3) of the Act is not required to acquire foreign securities for resale to third parties
(a) a foreign exchange bank which, to the extent specified in the authorisation to operate as a bank5) is authorised to trade in foreign securities;
(b) a securities dealer, (6) which is not a foreign exchange bank, to the extent specified in the authorisation of the Czech National Bank to trade in foreign securities,
if the authorisation to trade in foreign securities is given to them in an agreement with the Ministry of Finance.
5) Act No. 21 / 1992 Coll., on Banks, as amended.
6) Paragraph 45 (1) of the ČNR Act No. 591 / 1992 Coll., on securities.
The foreign exchange permit provided for in Section 34 (1) of the Act is not required to acquire foreign exchange securities obtained by inheritance.
(1) For the purposes of applying for authorisation to participate abroad pursuant to Paragraph 34 (1) of the Act, the foreign currency seal shall state:
(a) its name (s), registered office (permanent residence) and subject matter of business (s) if it is an entrepreneur. The legal person and the natural person - the entrepreneur shall indicate his identification number if assigned to him and shall include a certified copy of the extract from the commercial register or a certified copy of the trade licence. The natural person shall indicate his / her birth number,
(b) name (name), registered office (address), business subject and form of participation abroad, 7)
(c) the amount of the capital of the legal person in which the foreign exchange seal has a holding;
(d) the amount of the share of the foreign exchange domestic in foreign exchange foreign exchange abroad, the source of its financing (own resources or loans), the currency and the method of its reimbursement;
(e) calculation of the return on foreign exchange funds incurred by foreign exchange residents on participating assets abroad;
(f) the name (name), the registered office (permanent residence), the object of the foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange currency exchange currency currency foreign exchange foreign exchange foreign currency foreign exchange foreign exchange foreign currency foreign currency currency exchange currency currency foreign exchange foreign currency foreign exchange currency currency currency currency currency foreign currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency currency
(2) Similarly, the foreign exchange seal is proceeding when applying for a change in the amount of the foreign participation.
(3) For the purposes of applying for authorisation to transfer foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange participation, the foreign exchange seal shall state:
(a) its name (s), registered office (permanent residence) and subject matter of business (s) if it is an entrepreneur. The legal person and the natural person - the entrepreneur shall indicate his identification number if assigned to him and shall include a certified copy of the extract from the commercial register or a certified copy of the trade licence. The natural person shall indicate his / her birth number,
(b) the name (name), registered office (permanent residence) and the object of the foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange foreign exchange currency participation in property;
(c) the amount of existing, transferred and resulting equity;
(d) the price at which the holding is transferred and the method of payment;
(e) the reason for the transfer;
(f) the name (s), registered office (s) of the foreign exchange alien to whom the participation is transferred.
7) Paragraph 34 (2) of Act No. 528 / 1990 Coll., Foreign Exchange Act, as amended by Act No. 228 / 1992 Coll. (full version No. 457 / 1992 Coll.). '
In the text of the decree, the words "Kès," "Czechoslovak currency," "Czechoslovak coins" are replaced by the words "CZK," "Czech currency," "Czech coins."
The Order of the Federal Ministry of Finance, the State Bank of the Czechoslovak and Federal Ministry of Foreign Trade No 323 / 1990 Coll., on the authorisation of foreign-exchange foreign-exchange foreign-exchange foreign-exchange shareholding holdings and transfers of foreign-exchange domestic shares in a foreign legal person with business activities in foreign-exchange foreigners is hereby repealed.
This Decree shall take effect on 1 September 1994.
Minister of Finance:
v. Ing. Klak v. r.
First Deputy
Governor of the Czech National Bank:
v. Ing. Vít v. r.
Vice-Governor
Sign in for notes, favorites and notifications
Regulation Information
| Citation | Decree of the Ministry of Finance and the Czech National Bank No. 169 / 1994 Coll., amending and supplementing the Order of the Federal Ministry of Finance and the State Bank of Czechoslovakia No. 303 / 1992 Coll., implementing the Foreign Exchange Act |
|---|---|
| Regulation Type | Order |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 18.08.1994 |
|---|---|
| Effective from | 01.09.1994 |
| Effective until | - |
| Status | Valid |
Legal Areas:
Banking, Money
Finance
The regulation text is for informational purposes only.
Comments 0