Full text of Act No. 417 / 2002 Coll.

Full version of Act No. 58 / 1995 Coll., on Insurance and Financing of Exports with State Aid and on Addition of Act No. 166 / 1993 Coll., on the Supreme Audit Office, as amended, as resulting from subsequent amendments

Valid Declared full text
Text versions: 27.09.2002
417
PRESIDENT OF THE GOVERNMENT
announces the full text of Act No. 58 / 1995 Coll., on Insurance and Financing of Exports with State Aid and on the addition of Act No. 166 / 1993 Coll., on the Supreme Audit Office, as amended, as follows from the amendments made by Act No. 60 / 1998 Coll., Act No. 188 / 1999 Coll. and Act No. 282 / 2002 Coll.
THE LAW
on insurance and financing of exports with State aid and supplementing Act No. 166 / 1993 Coll., on the Supreme Audit Office, as amended
Parliament has decided on this law of the Czech Republic:

ČÁST PRVNÍ

INSURANCE AND FINANCING OF STATE AID EXPORT
§ 1
(1) This Act regulates, in accordance with the law of the European Communities (1) and the obligations arising from the membership of the Czech Republic in the World Trade Organisation (1), State export aid granted by way of export credit risk insurance, supported financing and reimbursement of interest differences.
(2) Export credit risk insurance for the purposes of this Act means:
(a) short-term export credit insurance against non-payment as a result of territorial or combined territorial and market-free commercial risks;
(b) insurance of long-term export credits against non-payment as a result of territorial or combined territorial and market-free commercial risks, or non-payment as a result of market-unreinsurance commercial risks;
(c) insurance of investments of Czech legal entities abroad against territorial risks, in particular against the risk of preventing the transfer of income from investment, expropriation or politically motivated violent damage;
(d) insurance against losses of exporters associated with the preparation and implementation of commercial activities;
(e) credit insurance provided by manufacturers or exporters to finance production intended for export against the risk of default of credit due to the failure of the manufacturer or exporter to comply with the terms of the export contract;
(f) insurance of bank guarantees or other services provided by the exporter's bank to a foreign exporter against the risk of default of the exporter's contractual obligations under the export contract;
(g) insurance of the risk of foreign exchange losses of the Czech koruna against foreign currencies arising in the case of insurance claims as a result of the difference between the rate applicable in the negotiation of the insurance contract and the rate applicable in the payment of the insurance claims;
(h) reinsurance activity (2) towards foreign credit insurers in relation to the insurance provided under (a), (b) and (f) in relation to the participation of the exporter in the supply of goods or services by an importer carried out by a foreign person, to the extent that the exporter's share of such supplies is concerned.
(3) Supported funding for the purposes of this Act means short-term and long-term financing and the provision of export credits, credits to finance export production, investment credits and project financing and the short-term and long-term provision of export-related financial services under the terms of this Act in the form of:
(a) refinancing loans to the exporter's bank for export financing, the exporter's bank and the producer's bank for export financing, the investor's bank for investment financing, the exporter's bank for project finance and direct loans to the exporter or to a foreign person for export financing, exporters and producers for export production financing, the investment finance investor and the project finance exporter;
(b) export-related financial services which include in particular:
1. bank guarantees,
2. opening of letters of credit and payment and clearing,
3. reinsurance operations,
4. the financing of local costs in the importer's country of residence or permanent residence.
(4) For the purposes of this Act, the remuneration of interest differences shall be understood as a subsidy to cover part of the interest differences incurred by exporters from lower interest income of supply credits granted by them with a maturity of more than 2 years compared to the exporter's interest costs associated with the financing of such loans.
§ 2
Definition of terms
For the purposes of this Act:
(a) an investor bank bank, a branch of a foreign bank or a financial institution, 1b) which provides an investment-related credit to an investor or a foreign person;
(b) a bank manufacturer bank, a branch of a foreign bank or a financial institution, 1b) which provides a credit to the manufacturer relating to the production of goods or the provision of services intended for subsequent export;
(c) the exporter's bank, branch of a foreign bank or financial institution, 1b) which provides export-related credit to the exporter or to a foreign person;
(d) by the supplier's credit, the granting of a time delay between the fulfilment of the exporter's undertaking and the importer's obligation to pay the exporter for its performance by the exporter under the export contract;
(e) by an importer, a foreign person who carries out imports from the Czech Republic,
(f) financing of production for export financing of the production of goods and services before their export takes place;
(g) financial services related to the export of activities carried out by the Czech Export Bank, a. s. ("the Export Bank") on the basis of a bank licence under a special law, 1b) related to export,
(h) financial markets of domestic and foreign money and capital markets;
(i) financial resources obtained mainly by issuing bonds, selling bonds or under credit agreements;
(j) the value of the export price agreed in the export contract;
(k) investment in funds or other money of valuable value or property rights spent for at least 3 years by a legal person established in the territory of the Czech Republic who is an entrepreneur under the Commercial Code, in order to establish, acquire or increase a holding in a legal person established outside the Czech Republic or to expand the business of that legal person;
(l) by an investor, a legal person established in the territory of the Czech Republic who is an entrepreneur under the Commercial Code and who spends an investment,
(m) capital markets of domestic and foreign markets with a maturity of more than 1 year;
(n) the commercial risk of default of an export credit claim by a foreign private debtor due to its insolvency or default;
(o) local costs of expenditure on services and goods to be incurred in the country of final destination of export in accordance with an export contract or an agreement between an importer and a foreign person, either for the performance of export or for the completion of a project or work in which the exporter participates in the context of an export contract and which are not financed under more favourable conditions than those under which the export credit will be financed, the amount of which may not exceed the amount of cash paid by the importer to the exporter in accordance with the export contract;
(p) by customer credit, credit granted for financing an export contract under a credit agreement concluded between a bank, a branch of a foreign bank or a financial institution 1b) as a creditor and a debtor;
(r) other operations of the operation related to the acquisition of financial resources to safeguard the liquidity of the exporting bank, including reinsurance operations;
(s) by the insurance engagement, the sum of the values of the insured export credit risks of the insurance contracts concluded, including interest and contractual charges, and of the reinsurance business, minus the value of the risks that have already died and the value of the insurance promise contracts of 50% of their nominal value;
(t) by project financing, the granting of a loan which is repaid by income and revenue from the activities of a foreign person set up to implement the project;
(u) by direct credit, credit granted by the exporting bank to the manufacturer, exporter, investor or foreign person;
(v) a refinancing loan granted by the exporting bank to the producer's bank, exporter's bank or investor's bank;
(w) an export contract concluded between the exporter and the importer on the export of goods or services or on the export of goods and services;
(x) the territorial risk of non-payment of the export credit claim due to exceptional and random events in the country to which it is exported or in the country from which the claim is to be paid, or in a third country such as the payment default of the public debtor, the decision of a third country, the prohibition of payments (moratorium), the impossibility or delay of the transfer of funds, the decision of the authorities in the debtor country, the decision of the authorities in the country of the insurer or insured and the circumstances constituting a higher power;
(y) commercially unreinsurance commercial risks which cannot be secured on the private commercial credit protection market under conditions normal on international markets;
(z) by a public debtor, a person entrusted with the exercise of State authority or public administration who cannot be legally declared unable to fulfil his obligations, other persons shall be regarded as private legal debtors,
(aa) by a manufacturer, a natural person with a permanent residence or a legal person established in the Czech Republic, who is an entrepreneur under the Commercial Code and who produces goods or provides services or produces goods and provides services intended for subsequent export;
(bb) by the exporter, a natural person with a permanent residence or a legal person established in the Czech Republic, who is an entrepreneur under the Commercial Code and carries out exports;
(cc) export of goods or services or supply of goods and services to importers under an export contract for use outside the Czech Republic,
(dd) by export credit supplier credit and customer credit;
(ee) a foreign person, a natural person with a permanent residence or a legal person established outside the Czech Republic,
(ff) a foreign credit insurance company which provides credit insurance with the support of a Member State of the Organisation for Economic Cooperation and Development;
(gg) hedging operations aimed at reducing, in particular, monetary, interest rate and other risks.
§ 3
Conditions for insurance of export credit risks, provision of supported financing and reimbursement of interest differences
(1) The insurance of export credit risks and the supported financing shall assess the risk of return on the export credit with regard to the solvency of a foreign person as a debtor and the country from which the claim is to be paid or to which the investment is to be directed; the credit and bank guarantees provided are assessed in terms of return risks, in particular the debtor's solvency and the exporter's ability to meet the conditions of the export contract.
(2) The granting of the supported financing, with the exception of the export-related financial services referred to in Article 1 (3) (b) (2) and (3), and the payment of interest differences are subject to insurance of export credit risks ininsurance by the Export Guarantee and Insurance Corporation, a. s. (hereinafter referred to as "Export Insurance Corporation") pursuant to Article 1 (2), unless the Ministry of Finance is authorised in an agreement with the Ministry of Industry and Trade on other risk security referred to in Article 1 (2).
§ 4
Export credit risk insurance services
(1) Export credit risk insurance is entrusted to the export insurance company. The condition for operating export credit risk insurance is that the only shareholder of the Export Insurance Corporation is the State which exercises its shareholder rights through ministries. The ministries exercising the State's shareholder rights shall entrust at least two-thirds of the members of these bodies to the Board of Directors and the Supervisory Board of the Export Insurance Corporation. Unless otherwise provided for in this law, the provisions of the Special Insurance Act shall apply to the Export Insurance Corporation. (3) The statutes of the Export Insurance Corporation shall include, in addition to the requirements laid down in the Commercial Code, a prohibition on the consent of employees to a business or other form of gainful activity identical to that of the Export Insurance Corporation.
(2) An Export Insurance Corporation may not set up legal persons or acquire shares in legal persons, except:
(a) export banks;
(b) the acquisition of a holding in a legal person who is a debtor for the period strictly necessary to ensure the enforceability of claims against the debtor;
(c) legal persons in which the Export Insurance Corporation is a majority shareholder whose business is the insurance and reinsurance business in the credit insurance sector and activities related to insurance or reinsurance activities under the special insurance law, (3) except insurance under that law; the establishment of such a legal person requires the prior approval of the Ministry of Finance. This legal person shall not be subject to State export aid under this Act.
(3) Funds for the insurance of export credit risks consist of allocations from the distribution of profits of the Export Insurance Corporation and subsidies from the State budget for the creation of such funds. Subsidies from the state budget are provided depending on the development of insurance exposures and become a permanent part of these funds. Reserves shall be made up in accordance with the special provisions governing the provision of reserves for insurance undertakings and for the purpose of determining the income tax base, 5a). With these funds and reserves, the Export Insurance Corporation operates separately from the State reserves and funds.
(4) In the case of export credit risk insurance, the Export Insurance Corporation shall submit to the Ministry of Finance for approval the basic economic parameters of each newly introduced type of export credit risk insurance, in particular their business plan; ensuring the economical use of subsidies from the state budget and the State guarantee.
(5) Export insurance undertakings may not accept export credit risks in excess of their insurance capacity for insurance. The insurance capacity is the upper limit of the insurance liabilities arising from insurance contracts concluded and insurance promise contracts which may be contracted for the period up to the end of the calendar year. The State budget for the year shall specify the amount of insurance capacity of the Export Insurance Corporation as well as the amount of the subsidy from the State Budget resources to supplement the insurance funds. The method of calculating the insurance capacity shall be laid down by the Ministry of Finance by law, based on the sum of the export credit risk values contained in the valid and developed insurance policies and insurance promise contracts, the expected addition of insurance funds from the distribution of profits, changes in technical provisions of the Export Insurance Corporation and the distribution of valid and developed insurance policies and insurance promise contracts according to the degree of risk.
(6) The Export Insurance Corporation may insure individual export credit risks up to 20% of the insurance capacity established for the year in which the insurance is agreed on. With the approval of the Minister for Finance and the Minister for Industry and Trade, the Export Insurance Corporation is entitled to insure individual export credit risks up to 40% of the insurance capacity. Individual credit risks exceeding 40% of the insurance capacity may be insured by the Export Insurance Corporation with the approval of the Government.
(7) The Ministry of Finance shall lay down the legal arrangements for the creation of the funds referred to in paragraph 3, the ratio between the amount of the reserves and the funds referred to in paragraph 3 and the amount of the claims and the share of the export insurance undertaking in the performance of those provisions and funds.
(8) The Export Insurance Corporation provides half-yearly information to the Chamber of Deputies on the insurance of export credit risks. This information shall include in particular:
(a) details of the Export Insurance Corporation, in particular the amount of its capital, changes in the composition of ministries exercising State shareholder rights, changes in the composition of the Board of Directors and the Supervisory Board, as well as the balance sheet of the Export Insurance Corporation;
(b) data on the operation of export credit risk insurance, in particular analysis of such insurance, including territorial and sectoral structure, use of State budget funds, the relationship between the demand for such insurance and the insurance capacity of the Export Insurance Corporation, as well as data on the expected development of such insurance.
§ 5
Forms of application for export credit risk insurance
(1) The application for insurance of export credit risks associated with each export is submitted by the exporter, the manufacturer, the investor, the manufacturer's bank, the exporting bank or the exporter's bank (the applicant) to the export insurance undertaking.
(2) In the application for export credit risk insurance, the applicant shall specify at least:
(a) their identification data, 6)
(b) the amount of its net commercial assets and the structure of its members;
(c) the characteristics of the export and its volume, the assumed proportion of the value of the export to be created in the Czech Republic, the expected extent of the export credit, the payment terms and the timing of the drawing and repayment of the credit provided and the extent of the bank guarantee or other banking services provided in connection with the export,
(d) data on the foreign person receiving the export credit, in particular identification data (6) and data on his economic situation and payment morale;
(e) other information specified in the insurance terms of the Export Insurance Corporation.
(3) On the basis of the application submitted for export credit risk insurance, the Export Insurance Corporation may conclude an insurance contract with the applicant, 7) and, if the Export Contract has not yet been negotiated, an insurance promise contract. 8)
(4) There is no legal claim for export credit risk insurance.
§ 6
Supported financing and reimbursement of interest differences
(1) An export bank is entrusted with the operation of the supported financing. The condition for operating the supported financing is that the shares of the Export Bank are at least two thirds State-owned and in the rest are owned by the Export Insurance Corporation. The State shall exercise its shareholder rights through the relevant ministries. Ministries exercising the State's shareholder rights shall entrust at least two-thirds of the members of these bodies to the Board of Directors and to the Supervisory Board of the Export Bank. Save as otherwise provided in this Act, the provisions of the Specific Banking Laws apply to the Export Bank, 9) except for the provisions on the composition of the statutory body. 9a) The Statutes of the Export Bank shall contain, in addition to the formalities laid down in the Commercial Code:
(a) provisions on the preferred use of profit for the addition of funds to secure the export bank's activities;
(b) a ban on the consent of employees to a business or other form of gainful activity identical to that of an export bank.
(2) The Export Bank operates the supported financing pursuant to Paragraph 1 (3) and carries out related activities in accordance with a bank licence issued under a special law. (1b) The Export Bank operates supported financing under conditions normal on international markets for officially supported export credits and for export-related financial services. 8a) The sources for supported financing are acquired by the Export Bank mainly in financial markets.
(3) The Export Bank may not have a stake in legal persons, except:
(a) legal persons engaged in the provision and transfer of interchange payments and the transmission of interchange information;
(b) shares in legal persons acquired and held by the Export Bank within a maximum of 1 year of their acquisition in connection with the application of the collateral agreed pursuant to Article 8 (5);
(c) a fixed-term legal person with the aim of ensuring the provision of supported financing and the acquisition of financial resources where the export bank is, or is to be, a majority shareholder at the time of acquisition; the acquisition of a holding in such a legal person requires the prior approval of the Ministry of Finance.
(4) Interest-rate differences are paid to exporters by the Ministry of Finance through the Export Bank.
(5) The request for reimbursement of interest differences linked to each export shall be submitted by the exporter to the Ministry of Finance via the Export Bank, which shall continue in accordance with paragraph 9.
(6) In the application for reimbursement of interest differences, the exporter shall indicate:
(a) their identification data, 6)
(b) the amount of its net commercial assets and the structure of its members;
(c) the characteristics of the export and its volume;
(d) the proportion of export value created in the Czech Republic,
(e) payment terms and time distribution of the credit granted by the exporter's bank;
(f) the payment terms specified in the Export Contract;
(g) details of the foreign person receiving the supplier's credit, in particular identification data, 6)
(h) the amount of interest-rate differences required;
(i) other information necessary to assess the granting of interest-rate differences.
(7) With an application for reimbursement of interest differences, the exporter shall submit:
(a) the insurance contract referred to in Article 5 (3),
(b) confirmation by the bank of the granting of a loan for individual exports;
(c) a statement that no supported financing has been granted or applied for for for the relevant exports.
(8) The amount of the payment of interest differences to the exporter amounts to a maximum of 50% of the interest differences referred to in Paragraph 1 (5). In determining the amount of the payment of the interest difference to the exporter, the total amount of the payments of interest differences granted to exporters in the relevant calendar year by the State Budget and the proportion of the participation of the State Budget in the remuneration of interest differences. In the case of the granting of interest rate differences to the exporter in one calendar year, the same percentage shall be paid throughout the entire duration of the supply credit.
(9) The terms and conditions for the payment of interest differences, as well as the export bank's procedure for providing interest rate differences, are laid down by the Ministry of Finance by law.
(10) At the request of the Ministry of Finance or of the Export Bank, the exporter is required to demonstrate the accuracy of the information provided in the application for reimbursement of interest differences pursuant to Section 6 (6).
(11) There is no legal claim to cover interest differences.
(12) In order to cover losses incurred by the export bank resulting from the operation of the supported financing, for which insurance or repayment guarantee was agreed in accordance with Article 3 (2), subsidies from the State budget are granted. The losses consist of differences between the cleared interest income associated with the provision of the supported financing and the temporary use of financial resources for the supported financing and the cleared interest costs for the acquisition of those resources, fees agreed in writing between the creditor and the export bank, related to the acquisition of those financial resources, reserve creation costs and adjustments under the special provisions governing the formation of reserves and adjustments for banks, differences in income from financial derivatives operations and costs associated with these operations, differences in exchange rates and other costs which the export bank has demonstrated in obtaining financial resources. The application for a loss payment subsidy is submitted by the Export Bank to the Ministry of Finance. The method and procedure for submitting the application for the grant of the loss payment and the method for the reimbursement of the grant granted shall be laid down by the Ministry of Finance by decree.
(13) If the Export Bank exceptionally exceeds the limits of credit exposures laid down under the special laws governing banking activities (9) and notifies the Czech National Bank without delay, the Czech National Bank may, where justified, grant the Export Bank a deadline to comply with these limits.
(14) In support of the financing, the Export Bank shall proceed according to general commercial conditions. If they adjust the provision of refinancing loans, the general trading conditions must also include the maximum amount of the interest premium on banks to which refinancing loans are granted to the interest costs at which they received refinancing and export bank loans.
(15) The General Terms and Conditions referred to in paragraph 14 shall be approved by the Ministry of Finance.
(16) The Export Bank provides half-yearly information to the Chamber of Deputies on the financing supported. This information shall include in particular:
(a) details of the export bank, in particular the amount of its capital, changes in the composition of the ministries exercising the State's shareholder rights, changes in the composition of the board of directors and supervisory board, as well as the balance sheet of the export bank;
(b) data on the operation of the supported financing, in particular the analysis of the financing, including the territorial and sectoral structure, the use of State budget funds, the relationship between the demand for the supported financing and the export bank's possibilities to meet this demand, as well as the expected development of the supported financing.
(17) The application of the exemptions provided for in paragraph 3 shall be without prejudice to the provisions of the special law on the limitation of banks in the acquisition and holding of shares in legal entities. (1b)
§ 7
Forms of application for supported funding
(1) The applicant submits to the exporting bank an application for supported financing linked to individual exports. Only the exporter's bank, producer's bank, investor's bank, foreign person, exporter, investor's or producer's may be an applicant for supported financing.
(2) In the application for supported funding, the applicant shall indicate:
(a) the particulars referred to in Article 5 (2) (a) to (d);
(b) other information specified in the General Terms and Conditions of the Export Bank;
(c) identification data (6) of the exporter's bank, investor's bank or producer's bank, unless the applicant for the supported financing is to be provided with the supported financing.
(3) The applicant for the supported financing to which this financing is to be granted is obliged to provide the exporting bank with data on its capital, its balance sheet and other data relevant for assessing its ability to secure the return of the supported financing provided.
(4) On the basis of a request for supported financing, the Export Bank may conclude a credit agreement, an export-related other financial service contract or a credit promise contract or an export-related financial service promise contract. 8)
(5) There is no legal claim for supported financing.
§ 8
(1) The State guarantees liabilities
(a) export insurance undertakings from export credit risk insurance under Article 1 (2);
(b) export banks from the repayment of financial resources received by the export bank and from other operations of the export bank on the financial markets.
(2) Relations which arise between the State and the foreign person for whose benefit the guarantee referred to in paragraph 1 (b) is provided shall be governed by the provisions of a special law. 12a)
(3) If this does not conflict with the law of another State, the State is liable under paragraph 1 (b) unconditionally and irrevocably. The Ministry of Finance is entitled to confirm the State guarantee in writing.
(4) In order to obtain financial resources by the Export Bank on capital markets, the approval of the Ministry of Finance is required, unless special Act 13 provides otherwise.
(5) In order to ensure the repayment of the supported financing provided, with the exception of refinancing loans, the Export Bank is required to negotiate collateral.
(6) In the case of the State's performance under the State guarantee, it is the obligation of the Export Insurance Corporation and the Export Bank to pay the State's liabilities arising from the transfer of the claims taken over in connection with the insurance of export credit risks or supported by the financing of the Ministry of Finance, to the extent appropriate to the State's share of the State's liability under the State guarantee provided that the Export Bank has negotiated the collateral.
§ 9
The granting of State aid under this Act must comply with a special law governing public aid. 14)

ČÁST TŘETÍ

§ 11
This Act shall take effect on the day of its publication.
* * *
Act No. 60 / 1998 Coll., amending and supplementing Act No. 58 / 1995 Coll., on Insurance and Financing of Exports with State Aid and supplementing Act No. 166 / 1993 Coll., on the Supreme Audit Office, as amended, took effect on the date of its publication (30 March 1998).
Act No. 188 / 1999 Coll., amending Act No. 58 / 1995 Coll., on Insurance and Financing of Exports with State Aid and supplementing Act No. 166 / 1993 Coll., on the Supreme Audit Office, as amended, as amended, as amended, Act No. 60 / 1998 Coll., became effective on the date of its publication (2 September 1999).
Act No. 282 / 2002 Coll., amending Act No. 58 / 1995 Coll., on Insurance and Financing of Exports with State Aid and supplementing Act No. 166 / 1993 Coll., on the Supreme Audit Office, as amended, and Act No. 166 / 1993 Coll., on the Supreme Audit Office, as amended, became effective on the date of its publication (28 June 2002).
Prime Minister:
PhDr. Špidla v. r.
1) Council Directive 98 / 29 / EC of 7 May 1998 on the harmonisation of the main conditions relating to the insurance of export credits for transactions in medium and long term insurance. Council Decision 2001 / 76 / EC of 22 December 2000 replacing the Decision of 4 April 1978 on the application of certain principles to officially supported export credits - Arrangement on rules for officially supported export credits. Agreement on Subsidies and Countermeasures published in the Communication of the Ministry of Foreign Affairs published in the Collection of Laws under No. 191 / 1995 Coll.
2) § 2 (d) of Act No. 363 / 1999 Coll., on Insurance and on the amendment of certain related laws (Insurance Act).
1b) Act No. 21 / 1992 Coll., on Banks, as amended.
3) Act No. 363 / 1999 Coll., on Insurance and on the amendment of certain related laws (Insurance Act), as amended.
5 (a) Act No. 593 / 1992 Coll., on provisions for determining the income tax base, as amended. Decree No. 75 / 2000 Coll., implementing Act No. 363 / 1999 Coll., on Insurance, and amending certain related laws (Insurance Act).
6) Paragraph 28 (1) (a) to (e) of the Commercial Code.
7) § 788 et seq. of the Civil Code.
8) § 289 et seq. of the Commercial Code.
9) Act No. 21 / 1992 Coll., on Banks, as amended. Act No. 6 / 1993 Coll., on the Czech National Bank, as amended by Act No. 60 / 1993 Coll.
9a) § 8 paragraphs 2 and 3 of Act No. 21 / 1992 Coll., as amended by Act No. 16 / 1998 Coll. and Act No. 165 / 1998 Coll.
(8a) For example, Council Decision 2001 / 77 / EC of 22 December 2000 on the application of the principles of the Framework Agreement on Project Financing in the field of officially supported export credits. Council Decision 2001 / 76 / EC of 22 December 2000 replacing the Decision of 4 April 1978 on the application of certain principles to officially supported export credits - Arrangement on rules for officially supported export credits.
12a) § 11 of Act No. 97 / 1963 Coll., on Private International Law and Procedure, as amended.
13) § 45 et seq. of Act No. 591 / 1992 Coll., on Securities, as amended.
14) Act No. 59 / 2000 Coll., on Public Aid, as amended by Act No. 130 / 2002 Coll.

Sign in for notes, favorites and notifications

Rating:

Comments 0

To write comments, please sign in.

Regulation Information

CitationFull text of Act No. 417 / 2002 Coll., Act No. 58 / 1995 Coll., on Insurance and Financing of Exports with State Aid and on Adding Act No. 166 / 1993 Coll., on the Supreme Audit Office, as amended
Regulation TypeDeclared full text
Author-
CollectionCode of Laws
Date of Promulgation27.09.2002
Effective from-
Effective until-
Status Valid
The regulation text is for informational purposes only.
Favorites
Browsing History