Decree of the General Director of the Czechoslovak State Bank No 24 / 1961 Coll.
Decree of the Director-General of the Czechoslovak State Bank on the provision of operating credits to commercial organisations
Valid
Effective from 01.04.1961
Contents
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24
DECLARATION
Director General of the Czechoslovak State Bank
of 28 February 1961
on the provision of operating credits to trading organisations
The guidelines of the Party and the Government on the Third Five-Year Plan impose internal trade in order to ensure the supply of the population with sufficient quantities of food and industrial goods in the range, quality and time corresponding to the demand and demand of consumers, and to continuously increase the level of service and improve the quality of services provided to the population.
The fulfilment of these tasks requires trade organisations to strive to secure the necessary goods funds, to accelerate the turnover of circulation through the efficient use of goods stocks and to implement measures against the emergence of stocks of hard-to-sell goods.
The Czechoslovak State Bank (hereinafter referred to as "the Bank '), with its activities and, in particular, by providing loans, helps trade organisations to carry out their tasks, thereby acting in order to ensure consistency between income and expenditure of the population and to ensure further growth in the purchasing power of the Czechoslovak Crown, in which the trading organisation is significantly involved in its activities.
Therefore, in consultation with the Ministry of Internal Trade and in agreement with the Central Association of Consumer Cooperatives under § § § 2 and 202 of the Order of the Director General of the State Bank of Czechoslovak No. 142 / 1960 Coll., on the provision of operating credits and the application of penalties, the following derogations for the provision of operating credits to commercial organisations:
General provisions
Trade organisations (hereinafter referred to as "organisations') shall, within the meaning of this Order:
(a) the commercial organisation of the Ministry of Internal Trade;
(b) consumer cooperatives and cooperative organisations;
(c) commercial organisations managed by national committees;
(d) other business organisations as decided by the Director of the relevant credit management of the Bank's headquarters.
(1) The branch of the Bank provides the following operating loans to the organisations:
(a) for stocks:
(aa) to the necessary stocks of goods, raw materials, basic material, unfinished production and finished products (hereinafter referred to as "goods") within the limits of the normative, while maintaining the permanent participation of a bank loan to cover the standard of the stocks of goods;
(ab) to the necessary supernormative stocks of goods;
(ac) to the necessary stocks of packaging, auxiliary material, small and short-term articles (hereinafter referred to as "auxiliary stocks") exceeding the standard;
ad) for supplies of hard-to-sell goods,
(b) claims on customers;
(c) where appropriate, other types of loans according to the relevant regulations, in particular according to the Order of the Director General of the State Bank of Czechoslovakia No. 142 / 1960 Coll.
(2) The loans referred to in paragraph 1 (a) and (b) are granted by a branch of a bank to organisations on a turnover basis in a specific credit account, with the exception of a loan for stocks of hard-to-sell goods.
Credit in a special credit account
By providing a loan on a special credit account, the branches of the bank assist the organisations in fulfilling and exceeding the retail and wholesale turnover plan (hereinafter referred to as "turnover ') and act as a credit for the creation of the stock of goods of the necessary amount, range and quality.
Circular plan
The Bank's branches shall, during the period of the establishment of the annual business plans and in their examination, focus in particular on the effective use of loans to carry out the planned tasks, on the correct breakdown of the annual plan for the quarter and on ensuring consistency between these plans, the planned evolution of the income and expenditure of the population and the cash plan.
When examining and discussing quarterly circulatory plans *), the branches of the Bank, in cooperation with the National Committees, shall aim in particular at ensuring the compliance of these plans with the annual business plan, at ensuring the planned trade turnover with the necessary goods funds, and at correctly projecting the results of the implementation of the business turnover plan and the needs of the treasury plan into those plans. The Bank's branches have taken account of the results of the organisation's work since the beginning of the year.
(1) The bank's branches have been based on the measures resulting from this evaluation and on the results of a similar assessment within the county, in assessing the implementation of the business turnover plan, the evolution of the population's income and expenditure and the implementation of the treasury plan since the beginning of the year.
(2) The evaluation is carried out by the regional branches of the Bank and by the branches of the Bank in cooperation with the national committees and the competent trade authorities. They shall be based on any tasks determined by the Bank's headquarters on the basis of a national assessment of the implementation of the business turnover plan, the evolution of the income and expenditure of the population and the execution of the treasury plan.
Loan granting
In providing and repaying a loan in a special credit account, the branches of the bank and the organisation shall be based on the audited and the branches of the bank of the agreed annual business plans and quarterly circulatory plans.
The branch of the bank may grant a credit to an organisation in a special credit account for the payment of purchases and, where applicable, purchases (hereinafter referred to as "purchases') of goods to the extent specified for each month by the quarterly circulatory plan and, where appropriate, above the specified plan, provided that this does not unduly slow down the turnover of the circulation and the purchase of ancillary stocks.
(1) The organisation is required to monitor on a regular basis the execution of the purchase and business turnover plan and compliance with the planned state and structure of the goods stocks and to ensure the planned use and repayment of the credit within the specified deadlines.
(2) If the organisation assumes that, in the current or next month or by the end of the current quarter, the planned purchase of goods exceeds the planned stock of goods and the planned amount of the loan in the special credit account, it is obliged to discuss the increased need for credit in advance with the bank branch. *)
(1) The branch of the bank may grant a credit for the overland stock of goods from overland purchases only in the case of high-quality and commonly sold goods which will serve to meet or exceed the business turnover plan in the current quarter or in subsequent periods, or as a reserve for measures to raise the standard of living of workers. * * *)
(2) The bank's branch shall take into account the planned and normalised stocks of goods for the relevant quarter in accordance with the annual business plan when granting a credit for the excess-cost stocks of goods from overpurchase.
(3) The conditions for the granting of a credit for overland stocks of overland goods shall be determined by the branch of the Bank, taking into account the management of the stock organisation.
(4) An organisation which takes care of the correct structure of stocks of goods and their efficient use and does not accumulate stocks of hard-to-sell goods may, at its request, grant a credit to the Bank's branch for the excess-purchase goods under the current conditions for granting credit in a special credit account.
(5) If the organisation exceeds the planned stock of goods and the planned amount of credit in a special credit account over a longer period because it exceeded the purchase plan and if this exceeds the purchase plan for the unwanted accumulation of goods and the risk of stocks of hard-to-sell goods, the branch of the bank, after consulting the organisation, tightens the conditions for granting credit in a special credit account. In this case, the bank's branch may only provide a credit for overland stocks of overland goods if the organisation submits and discuss with the bank's branch a plan of measures to address deficiencies.
(6) In serious cases, the manager of the bank's branch may, after consulting the organisation, decide to tighten up the credit in a special credit account pursuant to § 24 to 28.
Payment of credit
(1) The organisation is required to ensure the repayment of the loan granted at least to the extent specified in the quarterly circulatory plan, i.e. at an amount corresponding to the trade turnover planned for the relevant quarter, plus the agreed instalments of the loan outstanding since the beginning of the year (since the last modification of the loan instalments between organisations pursuant to § 23).
(2) The loan granted to the organisation for the overplank stock of goods from the overplank purchase shall be repaid by the organisation in accordance with the plan for the use of these overplank stocks for which it has committed itself after consulting the bank's branch.
(1) The organisation is required to monitor the execution of the business turnover plan and the repayment of the credit in a special credit account during the month.
(2) If it finds that the default of the business turnover plan does not result in repayment of the loan in accordance with the quarterly circulatory plan, it shall discuss with the bank's branch the reasons for the default of the planned loan instalments and the measures to remedy the deficiencies.
(1) The branch of the bank controls the execution of the business turnover plan and the repayment of the loan in a special credit account during the month, taking into account the data on the performance of the cash plan indicators.
(2) If they find that the business turnover plan is not being implemented favourably, they shall discuss with the organisation and the relevant national committee measures to ensure better satisfaction of the population's needs.
(1) In order to repay the credit granted in the special credit account for the payment of purchases of goods, the organisation uses sales for goods after deduction of the trade haircuts realised, the difference between the sales for finished goods realised and the purchase price of the basic material and raw materials consumed, as well as turnover taxes (power taxes).
(2) The credit granted for the payment of the purchase of ancillary stocks is repaid by the organisation from the trade rainfall collected in accordance with the consumption (wear) of ancillary stocks. the planned amount of consumption (wear) of these stocks, according to the quarterly circulatory plan, shall be reduced by the branch of the bank's trade haircuts transferred to the turnover account.
(3) The loan granted from the special credit account for the reimbursement of the shipping levy (in the absence of funds on the turnover account) is repaid by the organisation from the trade haircuts collected by reducing by the amount of the loan granted by the bank branch the nearest transfer of trade haircuts to the turnover account.
(4) The sales for the goods as well as all other sales shall be charged by a branch of the bank in favour of the special credit account, even if the organisation has a loan outstanding within the time limit or if the granting of the loan has been stopped in a special credit account but the loan has not yet been fully repaid.
Review of drawing and repayment of the loan after the end of the month
(1) At the end of the month, the credit organisation shall evaluate the drawdown and repayment of the credit in a specific credit account, together with the monthly accounting statement, shall provide the branch of the bank with a written justification for the reasons for the failure to meet the planned business turnover, the excess of the planned stock of goods and the difference between the amount of the credit and its material collateral, and shall submit a proposal for adjusting the credit.
(2) According to the monthly accounting statement, the branch of the bank will check the amount of the new loan and the amount of the loan instalments, examine the proposal of the organisation to adjust the loan and make an adjustment to the loan in a special credit account, which it will discuss in advance in the event of a different opinion with the organisation.
(1) When checking the drawdown and repayment of the loan and the amount of the loan in the special credit account, the branch of the bank shall compare:
(a) when checking specified credit instalments
- the actual turnover at national retail prices or, where applicable, retail prices (hereinafter referred to as retail prices), with a planned turnover in accordance with the quarterly circulatory plan, and considers the amounts of the planned transfer of goods to other organisations as instalments of the loan under the business turnover plan,
(b) when checking the amount of credit granted in a special credit account
- the actual stock of goods in the valuation of retail prices with the planned stock according to the quarterly circulatory plan.
(2) In so doing, the branch of the bank takes into account the prolongations of the loan, which have not been repaid as a result of the failure to comply with the business turnover plan, and the instalments or prolongations of the loan for the over-plank stocks of overpaid goods agreed in the current quarter. *)
(3) In the case of organisations with both retail and wholesale activities, the bank's branch shall assess separately the performance of the retail turnover plan and the wholesale turnover plan.
(4) The amounts recovered by the organisation in the event of unscheduled transfer of the goods to other organisations or in the event of unscheduled transfer for further processing or reprocessing, as the case may be, shall not be regarded by the branch of the bank as repayments of the loan under the business turnover plan. These amounts shall be used by the organisation to repay the credit granted to stocks of goods outside the framework of credit instalments determined in accordance with the business turnover plan.
If the actual instalments of the credit to a special credit account exceed the amount of the credit due, the excess organisation shall first use the amount of the credit outstanding by the deadline resulting from the default of the business turnover plan and payable by the turnover account pursuant to § 20 (1) (bc) and, secondly, the repayment of the credit outstanding by the deadline resulting from the default of the business turnover plan and payable by the excess sales pursuant to § 20 (1) (bb).
Procedure for non-compliance with the business turnover plan
If the organisation fails to comply with the business turnover plan and therefore fails to comply with the scheduled loan instalments to a specific credit account, it is obliged to analyse the causes of the failure and discuss its results with the bank's branch.
(1) The Organisation may request a branch of the Bank to prolongate a loan outstanding as a result of a failure to comply with a business turnover plan if it submits a plan, together with an analysis of the causes of the failure to comply with the plan, and discuss with the branch of the Bank a plan of measures to address the identified deficiencies and ensure that the business turnover plan is met.
(2) When authorising prolongations and establishing their conditions, the branch of the bank shall base its assessment of the organisation's work, taking into account the implementation of the treasury plan and, where appropriate, other indicators on the evolution of the income and expenditure of the population, and the results of the evaluation referred to in Section 6. * *)
(1) For organisations which have failed to comply with the business turnover plan and apply for the prolongation of a loan pursuant to § 19, the branch of the bank follows the following principles:
(a) a well-functioning organisation which effectively uses its own and credit facilities, ensures that the business turnover plan is implemented and for which the failure to comply with the business turnover plan has not been caused by the deficiencies in the management, the branch of the bank shall allow the loan to be prolonged in a special credit account on current conditions;
(b) an organisation for which the failure to comply with the business turnover plan has been caused by shortcomings in the work, the branch of the bank may, depending on the severity and duration of the deficiencies:
(ba) allow credit to be prolonged at an existing or graduated increased interest rate only if the organisation ensures effective measures to address these deficiencies;
(bb) not allow prolongations and transfer the amount of outstanding credit to an account of credit outstanding within the deadline that the organisation is obliged to pay off over-the-counter sales in the coming months;
(bc) not allow prolongations and transfer the amount of outstanding credit to an account of a loan outstanding within a period that the organisation is obliged to pay off from the return account.
(2) An organisation which does not request the prolongation of outstanding credit from the failure to comply with the business turnover plan shall transfer the bank branch of the outstanding amount to an account of the loan outstanding within a time limit which the organisation is obliged to pay off in the coming months or from a turnover account, as decided by the manager of the bank branch.
(3) If the failure of the business turnover plan leads to an undesirable accumulation of goods stocks, the branch of the bank may, at the same time, tighten the credit conditions in the special credit account.
(1) The amounts of the prolonged loan and the loan outstanding within the period resulting from the non-compliance with the business turnover plan and outstanding by the end of the calendar year are repaid by the organisation in the framework of the repayment of the loan in the special credit account planned for the following year. These amounts shall not be increased by the repayment of the loan under the business turnover plan for the following year.
(2) If there are shortcomings in the work of the organisation and in the current year, which have led to the failure of the business turnover plan in the previous year, the branch of the bank shall take account of them when determining the terms of the lending in the current year.
If the actual stocks of goods at the beginning of the year exceed those planned at that date in the annual business plan, the branch of the bank may, at the request of the organisation, grant a supranational loan only if the organisation submits a plan to the branch of the bank for the use of excess stocks.
(1) If some organisations in the county have not complied with the business turnover plan for a longer period as a result of a shift in consumer demand, and if such failure is offset by exceeding the business turnover plan for other organisations in the region, the Director of the Regional Branch of the Bank may, after consulting the Regional National Committee and the Regional Trade Authorities of the Bank's headquarters, make a proposal to adjust the planned credit instalments between the organisations (credit balance).
(2) The Director of the relevant credit management of the Bank's headquarters may consent to the adjustment of the planned credit instalments in agreement with the relevant central trading authorities only in justified cases, in particular with respect to the derogating implementation of the population revenue and expenditure structure and, as a consequence, the business turnover before the plan was foreseen, on the basis of an assessment of the implementation of the retail turnover plan, the execution of the cash plan and, where appropriate, other data on the evolution of the population's income and expenditure.
(3) The adjustment of the planned instalments of the loan can only be made during the past period.
(4) The adjustment of credit instalments shall be amended only by credit instalments determined according to the business turnover plans of each organisation, but the organisation shall not waive the obligation to comply with the plan indicators.
Tightening of credit in a special credit account
(1) If the manager of the branch of the bank decides to tighten the conditions for granting the loan in a special credit account, the branch of the bank will discuss this tightening of credit with the management of the organisation and, where appropriate, the ROH authorities, and notify its decision to the authority of the management.
(2) The branch of the bank may tighten up lending on a special credit account:
(a) by setting an expenditure limit for the reimbursement of purchases from a special credit account; or
(b) establishing a maximum limit for the granting of credit in a special credit account.
(1) The expenditure limit (quarterly, monthly) is set by a branch of the bank according to the planned purchase of all stocks that are reimbursed from a special credit account, reduced, where appropriate, by the excess stock or part thereof.
(2) If payments for purchased stocks are transferred between months or if the expenditure limit has not been exhausted in the previous months of the current quarter for the time of the purchase, the bank branch may take account of such transfers when setting the expenditure limit for the current month.
The maximum credit limit in the special credit account shall be determined by the branch of the bank taking into account:
(a) the planned status of the loan in the special credit account according to the quarterly circulatory plan;
(b) the necessary fluctuations during the execution of the purchase and turnover plans; and
(c) the planned increase or decrease in stocks.
(1) If the spending limit is exhausted or if the credit reaches the maximum limit, the bank's branch shall cease to grant the loan in a special credit account, with the exception of the purchase credit, freight and debit balance in the inter-company settlement. The branch of the bank shall renew the granting of the loan if the organisation reduces the credit status below the maximum level by further repayment of the loan or if a new expenditure limit or higher maximum credit limit is set.
(2) When tightening up credit on a special credit account, trade haircuts shall continue to be transferred to the organisation's turnover account.
The bank branch applies sanctions under Part Seven of the Order of the Director General of the Czechoslovak State Bank No. 142 / 1960 Coll.
Credit protection check on a special credit account
(1) As collateral for a loan in a special credit account, the branch of the bank accepts the following material values at book prices and other assets:
(a) goods, basic material and raw materials on the way, in warehouses, in stores and premises, uninvoiced goods dispatched, unfinished production, finished products and goods sent for processing and stocks of purchases, after deduction of trade deductions;
(b) packaging, auxiliary material, small and short-term articles;
(c) claims on customers up to and including the due date if they have been accepted for credit; claims on customers and claims on suppliers on account of scheduled settlement; other claims up to the maturity date relating to stocks, possibly even after the maturity date, if they have been accepted for credit;
(d) the amounts of price differences to be paid from the State budget or from the resources of the authority of the superior organisation, provided that the settlement period laid down in the relevant provisions has not expired, after deduction of the price differences to be paid by the organisation to the State budget or the superior body;
(e) cash in cash (including prices) and on the way;
(f) claims on debtors from claims and contested claims or other assets, if any. *)
(2) The provision of credit in a special credit account does not consist of:
(a) stocks and other assets covered by own funds and other permanent liabilities to the planned extent and liabilities to suppliers of the actual amount and, where appropriate, other sources;
(b) stocks and other assets excluded from lending in a special credit account by a bank branch, i.e. in particular:
- supplies of goods on the road for longer than specified,
- inventory differences not accounted for within the time limit,
- stocks of goods not authorised for credit promotion,
- stocks of hard-to-sell goods, lent in a separate credit account or excluded from credit,
- stocks improperly stored,
- stocks of goods which are damaged to the extent that they cannot serve the consumer further; a full-value credit for stocks of goods that have been degraded, which until the finding has been established has to be repaid immediately by the organisation; in exceptional cases, the manager of the bank's branch may allow the repayment of the loan to be postponed by a maximum of 30 days;
- supernormative auxiliary stocks if they have not been accepted for credit.
(3) Where an organisation requests that one of the items referred to in paragraph 1 which is not included in the balance sheet as a separate item be taken into account in the security verification, it shall be included in the Annex to the balance sheet.
(4) If the organisation is continuously or for a longer period of time of unused free resources, the branch of the bank shall, after consultation with the organisation, take account of them when examining the credit guarantee in a special credit account; This amount shall be reduced by the credit provided in the special credit account.
(1) If the bank's branch finds a lack of credit protection, it shall immediately offset the amount of unsecured credit from the turnover account without a special order from the organisation. * *) If the organisation does not have the necessary funds in the turnover account, the bank's branch shall account for the unsecured loan on the outstanding credit account within the deadline.
(2) The bank's branch may, at the request of the organisation and after examining its causes, grant a new loan from which it will first settle the loan outstanding within the deadline, * *) other due or unsecured loan, in the order specified by the bank's specific regulations. Any balance may be converted into a reverse account.
Provision of credit in a special credit account for a credit outstanding within the deadline
If the organisation has a loan outstanding within the period of default of the business turnover plan and if there is a significant improvement in the performance of the business turnover plan, the branch of the bank may, at the request of the organisation, make an adjustment to the loan on a special credit account on the basis of an organisation's report on the total amount of invoices issued for the past decade, or on the basis of a report on the implementation of the retail turnover plan, on the 10th, 20th and final day of the month. The amount of invoices issued or, where applicable, the amount of sales reduced by the items referred to in Section 33 (1), shall be compared by the bank's branch with the average scheduled repayment of the loan for each 10-day period; the difference determined shall be settled between the specific credit account and the credit account outstanding within the deadline.
(1) If the organisation has for a longer period serious shortcomings in its work and fails to comply with the agreed measures, the Director of the Bank branch may decide to terminate the lending in the absence of a loan outstanding within the deadline. In such a case, the branch of the bank shall cease to pay the purchase from a special credit account, with the exception of the granting of the purchase credit, the shipping and debit balance in the intercompany settlement.
(2) As soon as the bank branch ceases to pay for the purchase from a special credit account, it shall continue to charge the incoming sales to the special credit account until the full repayment of the loan.
(3) Upon full repayment of the loan in the special credit account, the branch of the bank receiving the sales shall account for the account of the organisation.
(4) The lending in the special credit account will resume the bank's branch once the conditions for a substantial improvement in the organisation's work are established.
Settlement of trade haircuts into a reverse account
(1) Trade haircuts, as well as the difference between the sales for the finished products realised and the purchase price of the basic material and raw materials consumed, the sales for services (hereinafter referred to as "trade haircuts") and the turnover tax (power tax), if paid from the turnover account, the bank's branch shall, during the month of the planned amount over the past period, transfer from the special credit account to the turnover account generally on the 10th, 20th and final day of the month (where justified, one or two days before the end of the month). At the request of the organisation, the branch of the bank may also transfer trade haircuts within other time limits.
(2) Trade haircuts, transferred according to the plan from a special credit account to a return account, reduce the bank's branch by the estimated amount of overheads to be paid directly from the cash revenue collected and by the amount of anticipated monthly consumption (wear) of ancillary stocks, as specified in the quarterly circulatory plan, or, where applicable, the amount of credit granted for the reimbursement of the collection of the freight.
(3) The branch of the bank transfers trade haircuts to a turnover account even if the organisation has a loan outstanding within the deadline or if the granting of the loan in a special credit account has been stopped if the sales are charged to a special credit account.
(4) An organisation which exceeds the business turnover plan may request a branch of the bank to transfer trade rainfall more frequently during the month or after the end of the month prior to the verification of the collateral, in proportion to the exceeding of the business turnover plan.
(5) An organisation which does not comply with a business turnover plan in the current month may, after having been notified, reduce the transfer of business losses in the current month to an amount corresponding to the achievement of the business turnover plan.
(6) In the event of a systematic failure to meet the planned percentage of trade rainfall in recent months, the bank's branch may, after consulting the organisation, reduce the planned transfer of trade rainfall in the current month to an amount corresponding to the achieved average performance of the planned percentage of trade rainfall.
(1) Where an organisation pays turnover tax (power tax) only on sales received, it may request a branch of the bank not to transfer the turnover tax (power tax) from a special credit account to a turnover account but to transfer it directly from a special credit account.
(2) The branch of the bank pays the turnover tax (power tax) on the special credit account even if the organisation has a loan outstanding within the time limit or if the granting of the loan in the special credit account has been stopped if the sales are charged to the special credit account.
Lending stocks of hard-to-sell goods
(1) Organisations are required to ensure compliance with the correct stock of goods, to prevent stocks of hard-to-sell goods; However, if they were nevertheless created, they would normally be detected, reported and used quickly in the national economy.
(2) In the course of their verification and analysis activities, the banks' branches check whether the organisations keep a prescribed stock record, whether they normally detect and report stocks of hard-to-sell goods and implement measures to use them, and whether they prevent the development of such stocks.
(1) Stocks of hard-to-sell goods under this Decree are:
(a) stocks of goods which do not show any turnover or show a small turnover, (*) if they are not damaged or impaired;
(b) stocks of goods which have suffered physical damage due to poor material quality or poor processing, long storage, maltreatment or for other reasons, so that they cannot be executed at a valid price, unless they are completely degraded.
(2) The points of view for the definition of stocks of hard-to-sell goods and the way in which organisations detect, document and report such stocks are determined by the competent central authorities in agreement with the Bank's headquarters. Pending such determination of the aspects and method of detection, registration and reporting of stocks of hard-to-sell goods, it shall apply instead of the provisions of Part Three of the existing rules. * *)
If an organisation applies for a loan for stocks of hard-to-sell goods, the branch of the bank may grant it this loan if the organisation fulfils in particular the following conditions:
(a) if stocks of hard-to-sell goods are monitored in separate operationally technical records broken down into two groups in accordance with Paragraph 36 (1);
(b) where such stocks are stored separately in wholesale trade from other stocks of goods and in retail trade, an overview of such stocks shall be ensured;
(c) submit a realistic plan for the use of stocks of hard-to-sell goods or prove that such stocks will be used in the framework of the actions of the superior authority;
(d) fulfil the plan for the use of stocks of hard-to-sell goods within the time limits to which it has undertaken;
(e) effective measures are taken to prevent new stocks of hard-to-sell goods.
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Regulation Information
| Citation | Decree of the General Director of the Czechoslovak State Bank No 24 / 1961 Coll., on the provision of operating credits to commercial organisations |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 16.03.1961 |
|---|---|
| Effective from | 01.04.1961 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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