Act No. 20 / 2000 Coll.

Act on the State Debt Scheme for the Loss of the Prague Consolidated Bank, State Money Institute, 1998

Valid Effective from 18.02.2000
Contents
20
THE LAW
of 12 January 2000
on the state bond programme to cover the loss of the Prague Consolidated Bank, the State Money Institute, for the year 1998
Parliament has decided on this law of the Czech Republic:
§ 1
State bond programme
(1) The purpose of the sovereign bond programme is to pay the loss of the Prague Consolidated Bank, the State Money Institute, for 1998.
(2) The scope of this government bond programme is CZK 14389 150 000.
(3) Any liabilities arising from this sovereign bond programme shall be repaid no later than 25 years after the date of application of this Act.
(4) The Ministry of Finance is authorised to issue various government bonds with different emission conditions in the framework of the implementation of this sovereign bond programme.
§ 2
The Ministry of Finance will transfer the funds obtained from this bond program in favour of the account of the Consolidated Bank of Prague, the State Money Institute.
§ 3
This Act shall take effect on the day of its publication.
Klaus v. r.
Havel v. r.
Zeman v. r.

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Regulation Information

CitationAct No. 20 / 2000 Coll., on a state bond programme to cover the loss of the Consolidated Bank of Prague, the State Money Institute, for 1998
Regulation Type-
Author-
CollectionCode of Laws
Date of Promulgation18.02.2000
Effective from18.02.2000
Effective until-
Status Valid
The regulation text is for informational purposes only.
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