Government Decree No. 267 / 2023 Coll.

Government Regulation amending Government Regulation No. 1 / 2021 Coll., on the conditions for the use of the funds of the State Fund for Investment Support in the form of a loan granted for the modernisation or acquisition of dwellings, as amended by Government Decree No. 464 / 2021 Coll.

Valid Regulation Effective from 20.09.2023
Contents
267
GOVERNMENT REGULATION
of 23 August 2023
amending Government Regulation No 1 / 2021 Coll., on the conditions for the use of the funds of the State Fund for the promotion of investment in the form of a loan granted for the modernisation or acquisition of dwellings, as amended by Government Regulation No 464 / 2021 Coll.
The Government orders pursuant to Section 9 of Act No. 211 / 2000 Coll., on the State Fund for Investment Support, as amended by Act No. 61 / 2005 Coll. and Act No. 113 / 2020 Coll.:
Čl. I
Government Regulation No. 1 / 2021 Coll., on the terms and conditions for the use of the funds of the State Fund for Investment Support in the form of a loan granted for modernisation or acquisition of dwellings, as amended by Government Decree No. 464 / 2021 Coll., is amended as follows:
1. Paragraph 5 (2) reads as follows:
"(2) The interest rate shall be at the level of the European Union standard rate applicable to the Czech Republic on the date of entry into force of the credit agreement minus 3 percentage points, but not less than 1% and not more than 3% per year. The interest rate is fixed for 5 years. After 5 years, a new rate of interest shall be fixed at the level of the European Union standard rate applicable to the Czech Republic for the first day of the new fixation period, reduced by 3 percentage points, but not less than 1% and not more than 3% per year."
2. In Article 5 (3), the second sentence is replaced by the following: "In such a case, the new interest rate shall be set at the European Union standard rate applicable to the Czech Republic for the first day of the new fixation period, reduced by 3 percentage points, but not less than 1% and not more than 3% per year."
3. In Article 5, paragraphs 4 and 5 are deleted.
Paragraph 6 shall become paragraph 4.
Čl. II
Transitional provisions
1. If the State Fund for Investment Support has concluded a loan agreement pursuant to Government Regulation No. 136 / 2018 Coll., on the conditions for the use of the funds of the State Housing Development Fund in the form of a loan granted for the modernisation or acquisition of dwellings, the conditions for determining the amount of interest for the new period of fixation which will start to run from the date of entry into force of this Regulation, pursuant to Article 5 of the Government Regulation No. 1 / 2021 Coll., as effective from the date of entry into force of this Regulation.
2. If the State Fund for Investment Aid had concluded a loan agreement pursuant to Government Regulation No. 1 / 2021 Coll. before the date of entry into force of this Regulation, the conditions for determining the amount of interest for the new period of fixation, which will start to run from the date of entry into force of this Regulation, pursuant to Government Regulation No. 1 / 2021 Coll., as effective from the date of entry into force of this Regulation.
Čl. III
Efficacy
This Regulation shall take effect on 20 September 2023.
Prime Minister:
Prof. PhDr. Fiala, Ph.D., LL.M., v. r.
Deputy Prime Minister for Digitisation and Minister for Local Development:
PhDr. Bartoš, Ph.D., v. r.

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Regulation Information

CitationGovernment Decree No. 267 / 2023 Coll., amending Government Decree No. 1 / 2021 Coll., on the conditions for the use of the funds of the State Fund for the promotion of investment in the form of a loan granted for the modernisation or acquisition of dwellings, as amended by Government Decree No. 464 / 2021 Coll.
Regulation TypeRegulation
Author-
CollectionCode of Laws
Date of Promulgation07.09.2023
Effective from20.09.2023
Effective until-
Status Valid
The regulation text is for informational purposes only.
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