Act No. 72 / 1967 Coll.
State Savings Bank Act
Valid
Effective from 01.08.1967
72
THE LAW
of 30 June 1967
on the State Savings Bank
The National Assembly of the Czechoslovak Socialist Republic decided on this law:
Legal status and subject matter
The State Savings Bank receives deposits for books and current accounts and provides citizens and, where appropriate, organisations with cash loans, loans and other services provided by the Statute.
The State is liable for deposits, interest and other asset advantages on deposits with the State Savings Bank.
Management, organisation and management
(1) The Head of the State Savings Bank is the Director-General, who manages its activities and acts on its behalf in all matters.
(2) The Director-General of the State Savings Bank is appointed and removed by the Minister of Finance, to whom the Director-General is responsible for the activities of the State Savings Bank.
(1) The State Savings Bank carries out its activities by the Directorates-General and branches or other organisational components, as appropriate, designated by the Organisational Regulations.
(2) Branches and, where appropriate, other organisational components, as laid down in the organisational rules, are entered in the company register as split plants; their managers are entitled to do all legal acts relating to the branch (organisational units) on behalf of the State Savings Bank.
Details of the internal organisation State savings banks shall regulate its organisational rules; issued by the Director-General of the State Savings Bank. The organisation rules shall specify in particular the scope of the activities of the different organisational components and the relationships between them.
The State Savings Bank establishes a statutory fund, other similar funds provided for by the Statute and funds under the general rules applicable to state economic organisations.
The management of the State Savings Bank, in particular the system of contributions, the guiding principles for the creation and use of funds and their amount, as well as details of the subject matter of the operation, shall be laid down in the Statute issued by the Ministry of Finance after approval by the Government.
General provisions
(1) Anonymous deposits are guaranteed. Only the law enforcement authorities *) and the courts when hearing and deciding matters in civil proceedings. * *) The question on the deposit must include the information needed to establish its identity.
(2) Without prejudice to the powers conferred by the State notaries under the special provisions in the succession proceedings. * * *)
(1) Workers of the State Savings Bank are required to remain silent in the matters of service, unless they have been relieved by the Director-General of the State Savings Bank. The Secretary-General may waive this obligation.
(2) The obligation to remain silent in service matters continues after the end of the employment relationship.
The provisions of the Civil Code on Deposits in Deposits and the implementing provisions issued for them shall also apply to Deposits in Deposits of Organisations.
(1) A public savings bank may, for its monetary services and for its actions, exclude the payment of remuneration and compensation or, where appropriate, the flat-rate compensation.
(2) The Ministry of Finance may, as appropriate, determine which remuneration, compensation and flat-rate compensation referred to in paragraph 1 may be requested by the State Savings Bank or, where appropriate, its amount.
Final provisions
(1) The State Savings Bank is established by the merger of existing state savings banks; their assets and liabilities are transferred to the State Savings Bank.
(2) The main administration, regional administration and regional administration of state savings banks are deleted. their assets and liabilities, as well as the rights and obligations arising from employment relations, are transferred to the State Savings Bank.
(1) The following shall be deleted:
1. the provisions of § 2 (3), § 3 (3), § 14 to 16 and § 18 (1) of Act No. 84 / 1952 Coll., on the organisation of monetary affairs, and
2. Paragraph 1 (2) of the Decree of the Ministry of Justice No 114 / 1964 Coll., on the company register, provided that the public savings banks are not registered.
(2) The provisions of Act No. 84 / 1952 Coll., on the organisation of the money industry, do not apply to the State Savings Bank.
This Act shall take effect on 1 August 1967.
Novotný v. r.
Laštovka v. r.
Lenárt v. r.
*) Act on Criminal Procedure of the Court (Criminal Code) No. 141 / 1961 Coll. as amended by Act No. 57 / 1965 Coll.
* *) According to the third and fourth parts of Civil Code No. 99 / 1963 Coll.
* * *) Act No. 95 / 1963 Coll., on state notaries and on proceedings before state notaries (notarial order).
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Regulation Information
| Citation | Act No. 72 / 1967 Coll., on the State Savings Bank |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 14.07.1967 |
|---|---|
| Effective from | 01.08.1967 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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