Order of the Ministers of Finance and Agriculture No. 64 / 1954 Coll.
Regulation amending and supplementing the Regulation on financial assistance to single agricultural cooperatives and private farmers
Valid
Effective from 30.12.1954
64.
Regulation
Finance and Agriculture Ministers
of 23 December 1954
amending and supplementing the Regulation on financial assistance to single agricultural cooperatives and privately managed farmers.
The Finance and Agriculture Ministers provide pursuant to Section 13 (3) of Act No. 2 / 1954 Coll., on the State Plan for the Development of the National Economy of the Czechoslovak Republic for 1954:
The Regulation of Finance and Agriculture Ministers No 86 / 1953 Coll., on Financial Assistance to Single Agricultural Cooperatives and Private Farmers, is amended as follows:
Paragraph 3 is replaced by the following paragraphs 3 and 4:
"(3) Workers who go to agriculture from industry or other sectors and become members of single agricultural cooperatives may, on the recommendation of the executive bodies of local national committees, grant a loan for the construction of their own residential and economic buildings and facilities for a period of 3 to 15 years at an interest rate of 2%. The credit shall be granted up to a maximum of the amount which a member of the single agricultural cooperative will be able to pay for his income during that period.
(4) The loans referred to in paragraphs 1 to 3 are granted by the state savings banks under the Ministry of Finance guidelines. '
This Regulation shall enter into force on the day of its publication.
Dr Dolansky v. r.
Děuriš v. r.
Smida v. r.
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Regulation Information
| Citation | Regulation of the Finance and Agriculture Ministers No 64 / 1954 Coll., amending and supplementing the Regulation on Financial Assistance to Single Agricultural Cooperatives and Private Farmers |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 30.12.1954 |
|---|---|
| Effective from | 30.12.1954 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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