Decree of the Foreign Trade Minister No. 202 / 1968 Coll.

Decree of the Foreign Trade Minister on the designation of Tuzex, public limited liability company, to conduct certain foreign transactions

Valid Effective from 01.01.1969
202
DECLARATION
Minister for Foreign Trade
of 27 December 1968
on the designation of Tuzex, a joint stock company, to conduct certain foreign transactions
The Foreign Trade Minister provides in an agreement with the Minister of Finance pursuant to § 2 paragraphs 1, 2 and 3 and § 20 of Act No. 119 / 1948 Coll., on the state organization of foreign trade and international shipping:
§ 1
Tuzex, a joint-stock company based in Prague (hereinafter referred to as "the company '), for which a state authorisation was granted, together with the approval of the Statutes, by decision of the Ministry of Foreign Trade in agreement with the Ministry of Internal Trade, the Ministry of Heavy Industry and the Ministry of Chemical Industry of 19 December 1968, is intended to conduct foreign trade in goods referred to in § 2.
§ 2
(1) The main object of the company's business is domestic and foreign sales of goods of all kinds in small currency.
(2) The company is entitled to carry out all business related activities.
§ 3
The company's activities under this Decree are subject to the rules applicable to the conduct of foreign trade.
§ 4
Tuzex, a foreign trade company, *) is merged with the company with its consent on 1 January 1969. Its assets and liabilities are transferred to a company which thus becomes its legal successor.
§ 5
This Decree shall take effect on 1 January 1969.
Minister:
Valeš v. r.
*) See Foreign Trade Minister Order No. 122 / 1957 Ú. l.

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Regulation Information

CitationDecree of the Foreign Trade Minister No. 202 / 1968 Coll., on the designation of Tuzex, a public limited company, to conduct certain foreign transactions
Regulation Type-
Author-
CollectionCode of Laws
Date of Promulgation29.12.1968
Effective from01.01.1969
Effective until-
Status Valid
The regulation text is for informational purposes only.
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