Act No. 297 / 2007 Coll.
Law on the granting of a State guarantee to the Czech Republic for the provision of credit granted by EUROFIMA to finance the purchase of railway vehicles
Valid
Law
Effective from 29.11.2007
Text versions:
29.11.2007
297
THE LAW
of 31 October 2007
on the granting of a State guarantee to the Czech Republic for a loan granted by EUROFIMA to finance the purchase of railway rolling stock
Parliament has decided on this law of the Czech Republic:
(1) The Czech Republic will provide a State guarantee to guarantee the credit provided by the European Railway Joint Undertaking for the financing of the EUROFIMA railway wagons in order to finance the purchase of the 380 series of electric locomotives and 471 series of electric units for suburban transport.
(2) The State guarantee referred to in paragraph 1 shall be granted for the principal of a loan of EUR 30 000 000 and the interest and charges associated with the granting of the loan under the relevant credit agreement, provided that the loan is due by 31 December 2017.
(3) The ČD Joint Stock Company will pay EUR 150 000 for the granting of the State guarantee to the State budget from 2008 onwards, in 10 equal annual instalments at the latest by 30 November each year. Annual instalments of EUR 15 000 shall be converted into crowns according to the rate declared by the Czech National Bank on the date of payment of the instalment.
This Act shall take effect on the day of its publication.
Wolf
Klaus v. r.
Topolánek v. r.
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Regulation Information
| Citation | Act No. 297 / 2007 Coll., on the granting of a State guarantee to the Czech Republic for the provision of credit granted by EUROFIMA to finance the purchase of railway rolling stock |
|---|---|
| Regulation Type | Law |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 29.11.2007 |
|---|---|
| Effective from | 29.11.2007 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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