Act No. 215 / 2002 Coll.
Law on the State bond programme to raise funds to provide repayable financial assistance from the State budget to cover the payment of compensation from the Cooperative Insurance Fund
Valid
Law
Effective from 27.05.2002
Text versions:
12.06.2003
27.05.2002
215
THE LAW
of 2 May 2002
on a state bond programme to raise funds to provide repayable financial assistance from the State budget to cover the payment of compensation from the Cooperative Guarantee Fund
Parliament has decided on this law of the Czech Republic:
State bond programme
(1) The purpose of the government bond programme is to raise funds to provide repayable financial assistance from the State budget to cover the payment of compensation from the Cooperative Guarantee Fund.
(2) The scope of this government bond programme is CZK 2 000 000 000.
(3) Any liabilities arising from this sovereign bond programme shall be repaid no later than 20 years after the date of entry into force of this Act.
(4) The total expenditure of the State Budget approved by the State Budget Act in the financial year in which the funds thus obtained will be used may be exceeded by the funds obtained under this Act. This overrun shall be amended in the relevant financial year by the balance of the State budget and by the appropriations.
Efficacy
This Act shall take effect on the day of its publication.
Klaus v. r.
Havel v. r.
v Rychetský v. r.
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Regulation Information
| Citation | Act No 215 / 2002 Coll., on a state bond programme to obtain funds to provide repayable financial assistance from the state budget to cover the payment of compensation from the Cooperative Guarantee Fund |
|---|---|
| Regulation Type | Law |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 27.05.2002 |
|---|---|
| Effective from | 27.05.2002 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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