Decree No. 48 / 1983 Coll.

Decree of the Federal Ministry of Finance amending and supplementing the Decree of the Federal Ministry of Finance No. 164 / 1980 Coll., on the Financing of Circular Funds

Valid Effective from 23.05.1983
Contents
48
DECLARATION
Federal Ministry of Finance
of 1 April 1983
amending and supplementing Decree No. 164 / 1980 of the Federal Ministry of Finance Coll., on the Financing of Circular Funds
According to § 391 (1) (a) No 2 of the Economic Code No. 109 / 1964 Coll., as published under No. 37 / 1971 Coll. and supplemented by Act No. 144 / 1975 Coll. and Act No. 165 / 1982 Coll.:
Čl. I
Decree No 164 / 1980 Coll., on the financing of circulatory funds, is amended as follows:
Article 5 (1) reads as follows:
"(1) Construction site facilities and uninvoiced work and supplies (Section 2 (1) (a) (2) and (3)) shall be covered by operating credit under the Specific Regulations (4) and by repayments of customers (investors) .8) '.
2. Paragraph 5 (2) is deleted.
3. In Article 6 (2), the following sentence is added at the end of the dot:
"except for supply and sales organisations for which the denominator shall indicate the sum of the sales for goods and the transfer of goods. ';
4. In Article 7 (2) (b), the words "supply and sales' are deleted.
5. Article 9 (3) reads as follows:
"(3) If, on 31 December, an organisation producing a turnover fund exceeds the planned amount of stocks rectified in accordance with § 7 minus the amount of stocks referred to in § 8 (5), it shall allocate from the distribution of profits to the turnover fund an amount corresponding to the excess of the planned amount of such stocks, as calculated in the plan set out by the share of the turnover fund in stocks (§ 8), unless the lending branch of the State Bank of Czechoslovakia provides a consolidation loan to the organisation at its request for the missing resources in the distribution of profits. 12) The allocation to the reverse fund shall be made within the time limit set for sending the annual accounts for the relevant calendar year. This allocation does not affect the planning of the turnover fund pursuant to § 8. '
6. Article 10 (2) reads as follows:
"(2) If, at 31 December, the reverse fund organisations reduce the stock plan referred to in Article 7, less the stocks referred to in Article 8 (5), they shall transfer to the distribution of the profits from the turnover fund an amount corresponding to the reduction of the planned amount of those stocks, as calculated in the plan established by the share of the turnover stock fund (§ 8). The transfer to the profit distribution shall take place by 31 March of the following year. This transfer does not affect the planning of the turnover fund pursuant to § 8. '
7. In Article 12, the words "and comma 'shall be replaced by the words" and Article 5 (1) to (4) and (6)';
Čl. II
Efficacy
This decree shall take effect on the day of its publication.
Minister:
Lér CSc.
12) Principles of internal and foreign banking monetary policy after 1980, approved by Government Resolution 400 / 1980.

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Regulation Information

CitationFederal Ministry of Finance Decree No. 48 / 1983 Coll., amending and supplementing Federal Ministry of Finance Decree No. 164 / 1980 Coll., on the financing of circulation funds
Regulation Type-
Author-
CollectionCode of Laws
Date of Promulgation23.05.1983
Effective from23.05.1983
Effective until-
Status Valid
The regulation text is for informational purposes only.
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