Act No. 94 / 2009 Coll.
Law on the acceptance of a loan by the Czech Republic from the European Investment Bank to finance investment needs related to the implementation of the programme Construction and restoration of water and sewage infrastructure II.
Valid
Law
Effective from 14.04.2009
Text versions:
14.04.2009
94
THE LAW
of 26 March 2009
on the acceptance by the Czech Republic of a loan from the European Investment Bank to finance investment needs related to the implementation of the programme Construction and restoration of water and sewage infrastructure II.
Parliament has decided on this law of the Czech Republic:
(1) The Czech Republic is entitled to accept a loan from the European Investment Bank to finance investment needs related to the implementation of the programme The construction and restoration of water and sewage infrastructure II, registered in the Information System for the financing of the reproduction of assets under another legislation (1). The loan may amount to a maximum of CZK 3 000 000 000 and must be due within 25 years of the date of signature of the credit agreement, no later than 31 December 2033.
(2) The loan agreement for acceptance of the loan referred to in paragraph 1 will be negotiated and concluded on behalf of the Czech Republic by the Minister for Finance.
The total expenditure of the State Budget approved by the State Budget Act in the financial year in which the funds thus obtained will be used may be exceeded by the credit provided for in Article 1 (1). The amount of such overrun shall be amended in the relevant financial year to the balance of the State budget and the appropriations for it.
This Act shall take effect on the day of its publication.
Wolf
Klaus v. r.
Topolánek v. r.
1) Sections 12 and 13 of Act No. 218 / 2000 Coll., on budgetary rules and amending certain related laws (budgetary rules), as amended by Act No. 26 / 2008 Coll.
Sign in for notes, favorites and notifications
Regulation Information
| Citation | Act No. 94 / 2009 Coll., on the acceptance by the Czech Republic of a loan from the European Investment Bank to finance investment needs related to the implementation of the programme Construction and restoration of water and sewage infrastructure II. |
|---|---|
| Regulation Type | Law |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 14.04.2009 |
|---|---|
| Effective from | 14.04.2009 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
Comments 0