Change Of Housing Public Interest Law - Wgg And Federal Law With The Civil Law Accompanying Measures For The Introduction Of The Euro Will Be Taken

Original Language Title: Änderung des Wohnungsgemeinnützigkeitsgesetzes - WGG sowie des Bundesgesetzes, mit dem im Zivilrecht begleitende Maßnahmen für die Einführung des Euro getroffen werden

Read the untranslated law here: https://www.global-regulation.com/law/austria/2996634/nderung-des-wohnungsgemeinntzigkeitsgesetzes---wgg-sowie-des-bundesgesetzes%252c-mit-dem-im-zivilrecht-begleitende-manahmen-fr-die-einfhrung-des-euro-ge.html

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51. Federal law that modifies the Federal law of March 8, 1979, the non-profit housing (housing non-profit law - WGG), as well as the Federal law with the civil law, accompanying measures for the introduction of the euro are taken,

The National Council has decided:

Article I

Change the WGG

The Federal law of March 8, 1979, through the non-profit housing (housing non-profit law - WGG), amended the Federal Act, Federal Law Gazette I no. 135/2009, is amended as follows:

1 in § 20 para 1 subpara 1 lit. a is the quote "the sections 15 to 18 b" by the quote "§§ 15 a-18B" replaced.

2. in article 20, para. 1, subpara 1 lit. b is to the phrase "except § 13 para 3 second sentence" following phrase inserted: "§ 15 with the proviso that as main rent in terms of its paragraph 1 Z 1 to § 14 para 1 Nos. 1 to 5 and 8 of this Federal Act each allowable charge shall apply."

Article II

Amendment of the Federal law, with the accompanying measures for the introduction of the euro are taken in the civil law

The Federal law with the civil law of accompanying measures for the introduction of the euro I, Federal Law Gazette No. 125/1998, last modified by the Federal Act Federal Law Gazette I no. 30/2012, is amended as follows:

In article 1, after paragraph 1, the following paragraph 1a is inserted:

"An interest rate, the amount of which directly or indirectly determined by the base interest rate, may not fall (1a) even if the base rate reached a negative value, below zero."

Article III

In force

This federal law shall enter into force March 16, 2013.

Fischer

Faymann