Change Of The Bifie Act Of 2008

Original Language Title: Änderung des BIFIE-Gesetzes 2008

Read the untranslated law here: https://www.global-regulation.com/law/austria/2996813/nderung-des-bifie-gesetzes-2008.html

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7 Federal law, with the BIFIE Act is amended 2008

The National Council has decided:

BIFIE follows the law 2008, Federal Law Gazette I no. 25, in the version of Federal Law Gazette I is no. 113/2009, as amended:

1. in article 1 § 11 paragraph 6 the introductory phrase is replaced by the following sentences:

"The Supervisory Board has to meet at least four times per year at supervisory board meetings. "He has the following tasks:"

2. in article 1 § 11 subsection 6 Z 5 is the phrase "ten vH of base compensation" replaced by the phrase "the sum of EUR 60 000" (gross) per calendar year.

3. in article 1, section 12 is inserted after paragraph 2, the following paragraph 2a:

"(2a) the Advisory Council is comprehensive information and report to the competent Member of the Government. He has in particular opinions, recommendations, reports, logs, and this to bring ua. the competent Member of the Government in matters which fall within its remit to support. The members of the Advisory Board are committed to the comprehensive disclosure to the competent Member of the Government."

4. in article 1 § 13 para 3 first sentence reads the bracket expression:

(consisting of a work plan, a financial plan and a human resources plan)

5. in article 1 article 14, paragraph 1 first sentence is the word "March" replaced by the word "June".

6 article 1 § 15 para 1 first sentence reads:

"The Executive Board has the Supervisory Board at least quarterly on the course of business and the situation of BIFIE compared to the three-year plan (article 13), as well as to the annual plan (§ 14) taking into account the future development to (quarterly report)."

7. in article 1 article 16, paragraph 1, the phrase "for the years 2010 to 2012" will be replaced by the phrase "for the years 2013 to 2015".

8 1, section 28 is added the following paragraph 3 article:

"(3) section 11 para 6, § 12 para 2a, article 13, para. 3, article 14, paragraph 1, article 15, paragraph 1, as well as § 16 para 1 as amended by Federal Law Gazette I no. 7/2013 come January 1, 2013 in force."

Fischer

Faymann