Act No. 213 / 2013 Coll.
Act amending Act No. 77 / 1997 Coll., on State Enterprise, as amended
Valid
Law
Effective from 01.08.2013
Text versions:
01.08.2013
24.07.2013
213
THE LAW
of 20 June 2013
amending Act No 77 / 1997 Coll., on a State Company, as amended
Parliament has decided on this law of the Czech Republic:
Amendment of the State Enterprise Act
Act No. 77 / 1997 Coll., on State Enterprise, as amended by Act No. 30 / 2000 Coll., Act No. 220 / 2000 Coll., Act No. 103 / 2001 Coll., Act No. 77 / 2002 Coll., Act No. 202 / 2002 Coll., Act No. 480 / 2003 Coll., Act No. 110 / 2007 Coll. and Act No. 296 / 2007 Coll., is amended as follows:
1. In Paragraph 13 (1), the words "at the end of point (c) shall be added; it shall submit its opinion to the Director and the founder '.
2. In Article 15, the words "the decision to set up the Founder's Fund in accordance with Articles 19 (1) (c) and 19 (4) shall be added at the end of the text of point (i), the founder shall decide each year on what part of the applicable profits of the company, the non-distributed profits of past years and the funds of the company, except for funds created under points (a) and (b) of Article 19 (1), shall be assigned to the fund in the relevant calendar year '.
3. In Article 15, at the end of point (j), the dot is replaced by a comma and the following point (k) is added:
"(k) decide on the use of funds from the Founder's Fund after prior approval by the Government."
4. In Paragraph 19, the dot is replaced by a comma at the end of paragraph 1 and the following point (c) is added:
"(c) the Founder's Fund by decision of the Founder."
5. In Article 19, the following paragraph 4 is inserted after paragraph 3, including footnote 23:
"(4) The Founder may decide that the undertaking is obliged to create and manage the Founder's Fund. If the Founder decides to create the Founder's Fund, he shall add the rules governing its creation and use to the company's status. An undertaking shall transfer to the Founder's Fund a specified proportion of the retained earnings of past years, the applicable profits of the firm and the funds of the firm, with the exception of funds created under paragraph 1 (a) and (b). The funds in this fund may be transferred to the State Budget, the State Funds budget for the implementation of activities under other legislation23) or released to meet the firm's justified needs; This decision of the Founder may be taken only after the prior consent of the Government on the basis of the Founder's proposal. The government-designated part of the funds transferred from the founder's fund to the state budget may be exceeded by the expenditure of the relevant chapter. If the founder decides to create the Founder's Fund, the company shall adapt its planning documentation and development concept without undue delay.
23) For example Act No. 256 / 2000 Coll., on the State Agricultural Intervention Fund, as amended. '
Paragraph 4 shall become paragraph 5.
Transitional provision
Paragraph 13, 15 and 19 of the Law on State Enterprise governing the creation, allocation and use of the fund and the obligations of the company relating to the creation and management of the Founding Fund shall apply mutatis mutandis to national undertakings established under the former legislation and their promoters.
Efficacy
That law shall take effect on the first day of the calendar month following its publication.
Germany
Zeman v. r.
Rusnok v. r.
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Regulation Information
| Citation | Act No. 213 / 2013 Coll., amending Act No. 77 / 1997 Coll., on State Enterprise, as amended |
|---|---|
| Regulation Type | Law |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 24.07.2013 |
|---|---|
| Effective from | 01.08.2013 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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