Act No. 433 / 2008 Coll.

Act amending Act No. 21 / 1992 Coll., on Banks, as amended

Valid Law Effective from 15.12.2008
Text versions: 15.12.2008
Contents
433
THE LAW
of 27 November 2008
amending Act No. 21 / 1992 Coll., on Banks, as amended
Parliament has decided on this law of the Czech Republic:
Čl. I
Act No. 21 / 1992 Coll., on Banks, as amended by Act No. 264 / 1992 Coll., Act No. 230 / 1993 Coll., Act No. 156 / 1994 Coll., Act No. 83 / 1995 Coll., Act No. 84 / 1995 Coll., Act No. 61 / 1996 Coll., Act No. 306 / 1997 Coll., Act No. 16 / 1998 Coll., Act No. 70 / 2001 Coll., Act No. 159 / 2006 Coll., Act No. 126 / 2002 Coll., Act No. 56 / 2006 Coll., Act No. 57 / 2006 Coll., Act No. 439 / 2004 Coll., Act No. 377 / 2005 Coll.
1. In Paragraph 41e (2), the first sentence is replaced by the following: "Reimbursement shall be granted to the beneficiary in the amount calculated in accordance with paragraph 1 but not exceeding EUR 50 000 per beneficiary in respect of one bank."
2. In Paragraph 41m (1), the second sentence is replaced by the following: "The insurance premium must be negotiated in such a way that the amount of the total amount of the deposit claims, including supplementary insurance, does not exceed EUR 50 000. The contribution to the Fund shall be equal to the contribution under Paragraph 41c multiplied by the fraction in which the numerator is the difference between the amount of the total amount of the deposit claims, including the additional insurance, and the ceiling for the maximum compensation under the deposit guarantee scheme of which the branch of the foreign bank is involved and the amount of the total amount of the deposit claims, including the additional insurance, in the denominator. ';
Čl. II
Efficacy
This Act shall take effect on the day of its publication.
Wolf
Klaus v. r.
Topolánek v. r.

Sign in for notes, favorites and notifications

Rating:

Comments 0

To write comments, please sign in.

Regulation Information

CitationAct No. 433 / 2008 Coll., amending Act No. 21 / 1992 Coll., on Banks, as amended
Regulation TypeLaw
Author-
CollectionCode of Laws
Date of Promulgation15.12.2008
Effective from15.12.2008
Effective until-
Status Valid
Legal Areas: Banking, Money Finance
The regulation text is for informational purposes only.
Favorites
Browsing History