Act No. 9 / 2001 Coll.
Law on the State bond programme to raise funds to provide repayable financial assistance from the State budget to cover the payment of compensation from the Cooperative Insurance Fund
Valid
Effective from 11.01.2001
9
THE LAW
of 20 December 2000
on a state bond programme to raise funds to provide repayable financial assistance from the State budget to cover the payment of compensation from the Cooperative Guarantee Fund
Parliament has decided on this law of the Czech Republic:
State bond programme
(1) The purpose of the government bond programme is to raise funds to provide repayable financial assistance from the State budget to cover the payment of compensation from the Cooperative Guarantee Fund.
(2) The scope of this sovereign bond programme is CZK 6 000 000 000.
(3) Any liabilities arising from this sovereign bond programme shall be repaid no later than 20 years after the date of entry into force of this Act.
(4) The use of the funds obtained by the issuance of bonds under this Act for the purpose referred to in paragraph 1 shall be the expenditure of the State budget.
Efficacy
This Act shall take effect on the day of its publication.
Klaus v. r.
Havel v. r.
Zeman v. r.
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Regulation Information
| Citation | Act No. 9 / 2001 Coll., on a state bond programme to raise funds to provide repayable financial assistance from the state budget to cover the payment of compensation from the Cooperative Guarantee Fund |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 11.01.2001 |
|---|---|
| Effective from | 11.01.2001 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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