Government Decree No 223 / 2024 Coll.
Government Regulation amending Government Regulation No. 215 / 2020 Coll., on the implementation of certain provisions of the Act on Insurance and Financing of Exports with State Aid, as amended
Valid
Regulation
Effective from 26.07.2024
223
GOVERNMENT REGULATION
of 10 July 2024
amending Government Regulation No 215 / 2020 Coll., on the implementation of certain provisions of the Act on Insurance and Financing of Exports with State Aid, as amended
The Government orders pursuant to Sections 1 (5) and 4 (5) and 4 (7) of Act No. 58 / 1995 Coll., on Insurance and Financing of Exports with State Aid, as amended by Act No. 60 / 1998 Coll., Act No. 23 / 2006 Coll., Act No. 214 / 2020 Coll. and Act No. 363 / 2022 Coll.:
Government Decree No. 215 / 2020 Coll., on the implementation of certain provisions of the Act on Insurance and Financing of Exports with State Aid, as amended by Government Decree No. 308 / 2020 Coll., Government Decree No. 579 / 2020 Coll., Government Decree No. 41 / 2021 Coll. and Government Decree No. 215 / 2021 Coll., are amended as follows:
1. The heading of Section 7 reads:
"Procedure for the payment of all funds from the State Budget to the Export Insurance Corporation for the provision of guarantees, the way in which a fund is created to cover the commitments of the guarantees provided and the way in which the fund's available balance is managed '.
2. In Article 7, paragraphs 6 to 9 are added:
"(6) By 30 June each year, the Export Insurance Corporation shall inform the Ministry of Industry and Trade and the Ministry of Finance of the available balance of the Fund, which may be used to supplement other funds or share capital of the Export Insurance Corporation or to return to the State budget.
(7) The Government may decide, in the context of existing State export aid or in the context of exceptional State aid measures for exporters, producers and export oriented undertakings, on the basis of a joint proposal from the Ministry of Industry and Trade and the Ministry of Finance to supplement other funds or share capital of the Export Insurance Corporation by transferring part or all of the fund's available balance.
(8) The joint proposal shall include a detailed statement of the export insurance undertaking justifying the proposed procedure referred to in paragraph 7.
(9) The Government may also decide to return some or all of the fund's available balance to the State budget. '
Transitional provision
The Export Insurance Corporation shall provide the first information pursuant to Article 7 (6) of Decree No. 215 / 2020 Coll., as effective from the date of entry into force of this Regulation, until 30 September 2024.
Efficacy
This Regulation shall enter into force on the day following that of its publication.
Prime Minister:
Prof. PhDr. Fiala, Ph.D., LL.M., v. r.
Minister for Industry and Trade:
Ing. Síkela v. r.
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Regulation Information
| Citation | Government Decree No. 223 / 2024 Coll., amending Government Decree No. 215 / 2020 Coll., on the implementation of certain provisions of the Act on Insurance and Financing of Exports with State Aid, as amended |
|---|---|
| Regulation Type | Regulation |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 25.07.2024 |
|---|---|
| Effective from | 26.07.2024 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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