Act No. 382 / 2009 Coll.

The Act on the State Debt Scheme for the partial reimbursement of costs associated with the elimination of damage caused by floods in June and July 2009 and in 2010

Valid Law Effective from 30.10.2009
Contents
382
THE LAW
of 8 October 2009
on the State bond programme for the partial reimbursement of costs associated with the elimination of the consequences of flood and flood damage in June and July 2009 and in 2010
Parliament has decided on this law of the Czech Republic:
§ 1
State bond programme
(1) The purpose of the government bond programme is to partially pay the costs associated with the elimination of the consequences of floods and floods in June and July 2009 and in 2010.
(2) The maximum size of this sovereign bond programme is CZK 10 000 000 000.
(3) Any liabilities arising from this sovereign bond programme shall be repaid no later than 35 years after the date of entry into force of this Act.
(4) The total expenditure of the State Budget approved by the State Budget Act in the financial year in which the funds thus obtained are used may be exceeded by the funds obtained under this Act. This overrun shall be amended in the relevant financial year by the balance of the State budget and by the appropriations.
§ 2
Efficacy
This Act shall take effect on the day of its publication.
Wolf
Klaus v. r.
Fischer v. r.
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Regulation Information

CitationAct No. 382 / 2009 Coll., on a state bond programme for partial reimbursement of costs associated with the elimination of damage caused by floods in June and July 2009 and in 2010
Regulation TypeLaw
Author-
CollectionCode of Laws
Date of Promulgation30.10.2009
Effective from30.10.2009
Effective until-
Status Valid
The regulation text is for informational purposes only.
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