Act No. 37 / 2004 Coll.

Law on insurance contracts and amendments to related laws (Law on insurance contracts)

Valid Effective from 01.01.2005
37
THE LAW
of 17 December 2003
on the insurance contract and on the amendment of related laws (Insurance Contract Act)
Parliament has decided on this law of the Czech Republic:

ČÁST TŘETÍ

Amendment of the Act on certain conditions for tourism business
§ 69
Act No. 159 / 1999 Coll., on certain conditions of business in the field of tourism and amending Act No. 40 / 1964 Coll., Civil Code, as amended, and Act No. 455 / 1991 Coll., on Business Business (Trade Act), as amended, as amended, Act No. 39 / 2004 Coll., is amended as follows:
1. The heading above Section 6 reads: "Compulsory insurance of the guarantee."
2. In Article 6 (1), the words "guarantees in the event of bankruptcy of a travel agency 'shall be inserted after the words" insurance'.
3. In Paragraph 6 (2), the words "for compulsory contractual insurance, the provisions of Part Eight of Title 15 of the First to Fourth Civil Code shall apply. 'shall be replaced by the words" the compulsory insurance of the guarantee shall be governed by the relevant provisions of the Special Act. 10a)'.
Footnote 10a) reads as follows:
"10a) Act No. 37 / 2004 Coll., on Insurance Contract and Amendment of Related Acts (Insurance Contract Act). '.

ČÁST ŠESTÁ

TRANSITIONAL PROVISIONS
§ 72
(1) Legal relationships arising from insurance contracts concluded before the date of entry into force of this Act shall be governed by existing legislation.
(2) If the term "disposal 'is used in life insurance legislation, it shall be understood as" redemption' under this Act.

ČÁST SEDMÁ

EFFECTIVE
§ 73
This Act shall take effect on 1 January 2005, with the exception of the provisions of Sections 23 (4) to (6), 30, 42, 63, 64 to 67 and 70, which shall take effect on the date of entry into force of the Treaty of Accession of the Czech Republic to the European Union.
Zaoralek v. r.
Klaus v. r.
Spindles v. r.

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Regulation Information

CitationAct No. 37 / 2004 Coll., on Insurance Contract and Amendment of Related Acts (Law on Insurance Contract)
Regulation Type-
Author-
CollectionCode of Laws
Date of Promulgation05.02.2004
Effective from01.01.2005
Effective until-
Status Valid
The regulation text is for informational purposes only.
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