Decree No. 17 / 1948 Coll.
Decree to publish the measures of the Czechoslovak National Bank amending certain foreign exchange provisions
Valid
Effective from 21.02.1948
17.
Decree of the Minister of Finance
of 29 January 1948
publishing a measure of the Czechoslovak National Bank amending certain foreign exchange provisions.
Pursuant to Section 27, paragraph 6 of the Act of 11 April 1946, No 92 Coll., on the Bound Foreign Exchange Economy (Foreign Exchange Act), I declare the measure of the Czechoslovak National Bank of 26 January 1948; the measure shall take effect on the day of its publication.
Dr Dolansky v. r.
Measures
Czechoslovak National Banks
amending certain foreign exchange provisions.
According to § 10 (1) (b), § 12 (1), § 26 and § 27 (2) of the Foreign Exchange Act, the National Bank of Czechoslovakia provides:
Salaries for foreign exchange strangers.
Article 1 (5) of the measure of the Czechoslovak National Bank of 2 May 1946 concerning certain provisions of the Foreign Exchange Act published by the Order of the Minister of Finance of 3 May 1946, No 93 Coll., is amended and read as follows:
"(5) Without the permission of the National Bank, a foreign exchange seal may not pay for foreign exchange aliens any costs of his domestic residence, whether for any reason or not. '
Journey from foreign to domestic.
Article 6 of the Czechoslovak National Bank's measure of 2 May 1946 on the export, import and transit of tender in travel, published in the Order of the Minister of Finance of 3 May 1946, No 94 Coll., is amended and read as follows:
"(1) A foreign seal may, in travel, import foreign and domestic currency, with the exception of domestic money, which may be imported on a monthly basis not exceeding 500 CZK in coins or paper money in no more than 50 korns, if all imported currency is reported to the border control authority.
(2) A foreign national may not, in the course of travel, import from a foreign country other than foreign and domestic currency (money, cheques, bills, vouchers, credentials, and other payment orders) than those which are registered by the border inspection authority and which is endorsed on the official form "Validation of the import of the tender." The "Confirmation of the import of tender" is also written in hotel bons and hotel vouchers for stay in the Czechoslovak Republic. From domestic money may not be imported and not be confirmed by more than 500 CZK per month in coins or paper money in a maximum of fifty crowns. Imported tender, which, although declared by a foreign exchange outsider but not accepted, may not be released into the country; the foreign exchange alien must submit them to the custody of the border inspection authority for a receipt and pick them up on the return trip or give them to the addressee abroad to whom the tender is to be sent in valuable writing for the expense and danger of the traveller. These consignments, submitted by the border inspection authority for postal transport, do not require the authorisation of the National Bank.
(3) A foreign national may, without the permission of the National Bank, cover the costs of his stay in the country only from imported or foreign currency. The exchange of payments of cheques and letters of credit, as well as all the amounts paid to him or to him in the country with the permission of the National Bank, must be endorsed by the Money Institute on the back of the "Validation of Import of Payables." If, exceptionally, foreign tender is paid in a hotel or elsewhere, it must be endorsed by the following "Confirmation of import of tender" stamp and signature of the beneficiary.
(4) When leaving the Czechoslovak Republic, the foreign exchange alien is obliged to hand over to the border inspection authority "Confirmation of the import of tender," on the reverse of which the difference between the amount of foreign currency imported and exported will be duly marked. "
Sales of foreign tickets.
The measure of the Czechoslovak National Bank of 2 May 1946, published by Decree of the Minister of Finance No 94 / 1946 Coll., is amended as follows:
1. Article 1 (6) shall read as follows:
"(6) No foreign travel tickets (rail, ship, air, etc.) shall be sold to the Devis domestic without the permission of the National Bank. '
2.
"(4) Foreign nationals may not be sold for domestic currency to any foreign travel ticket (rail, ship, air, etc.) without the permission of the National Bank. For foreign currency, which the National Bank will determine in its directives and which foreign exchange alien imported under the" Validation of the import of currency "can be sold to foreign exchange foreigners any ticket at any location. The ticket shop is obliged to mark accepted foreign currency on the back of the" Certificate of import of tender. "'
Done at Prague, 26 January 1948.
National Bank of Czechoslovakia
Dr. Heavens v. r.
Dr Chmela v. r.
Oliva v. r.
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Regulation Information
| Citation | Decree No. 17 / 1948 Coll., which publishes the measures of the Czechoslovak National Bank to amend certain foreign exchange provisions |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 21.02.1948 |
|---|---|
| Effective from | 21.02.1948 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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