Act No. 362 / 1999 Coll.
Act on the government bond programme to cover the deficit of the state budget for 1998 and amending Act No. 530 / 1990 Coll., on bonds, as amended, and Act No. 22 / 1999 Coll., on the state budget of the Czech Republic for 1999
Valid
Law
Effective from 30.12.1999
Text versions:
01.05.2004
30.12.1999
362
THE LAW
of 17 December 1999
on the government bond programme to cover the government deficit for 1998 and amending Act No. 530 / 1990 Coll., on bonds, as amended, and Act No. 22 / 1999 Coll., on the state budget of the Czech Republic for 1999
Parliament has decided on this law of the Czech Republic:
STATE DIFFERENT PROGRAMME AT THE IMPLEMENTATION OF THE 1998 STATE BUDGET SCHEME
State bond programme
(1) The purpose of the government bond programme is to pay for the 1998 government budget deficit.
(2) The scope of this government bond programme is CZK 29330 570 000.
(3) Any liabilities arising from this sovereign bond programme shall be repaid no later than 15 years after the date of application of this Act.
(4) The Ministry of Finance is authorised to issue various government bonds with different emission conditions in the framework of the implementation of this sovereign bond programme.
(5) This Act is without prejudice to the provision of § 4 paragraph 2 of Act No. 22 / 1999 Coll., on the State Budget of the Czech Republic for 1999.
Amendment of the Act on the State Budget of the Czech Republic for 1999
Act No. 22 / 1999 Coll., on the State Budget of the Czech Republic for 1999, is amended as follows:
Paragraph 1 (2) reads as follows:
"(2) The 1999 State Budget Deficit of the Czech Republic will be paid in the framework of a special Act on a state bond programme to cover the 1999 State Budget Deficit (hereinafter referred to as the" State bond programme "). Pending the adoption of this special law on the state bond programme, the Ministry of Finance is empowered to issue government bonds to cover the budget deficit for 1999. These bonds are due by the end of 2001. '
EFFECTIVE
This Act shall take effect on the day of its publication.
Klaus v. r.
Havel v. r.
Zeman v. r.
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Regulation Information
| Citation | Act No. 362 / 1999 Coll., on a state bond programme to cover the government deficit for 1998 and amending Act No. 530 / 1990 Coll., on bonds, as amended, and Act No. 22 / 1999 Coll., on the state budget of the Czech Republic for 1999 |
|---|---|
| Regulation Type | Law |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 30.12.1999 |
|---|---|
| Effective from | 30.12.1999 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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