Would St. Bonds For Payments Of Claims Awarded Compensation

Original Language Title: by st. Bonds for payments of claims awarded compensation

Read the untranslated law here: https://portal.gov.cz/app/zakony/download?idBiblio=38901&nr=532~2F1990~20Sb.&ft=txt

532/1990 Coll. GOVERNMENT REGULATION, Czech and Slovak Federal Republic of 3 December 1990 on the issue of government bonds for payments of claims awarded compensation under the Act No. 119/1990 Coll., On the Judicial Rehabilitation Change: 556/1992 Coll. The Government of the Czech and Slovak Federal Republic ordered according to § 23 para. 6 point. (b)) Act No. 119/1990 Coll., on the Judicial Rehabilitation: section 1 for payments of claims awarded compensation under the Act No. 119/1990 Coll., on the Judicial Rehabilitation, unless they are fully or partially settled in cash, ^ 1) it issued interest bearing government bonds (the "Bonds"). section 2 (1) The extent of issued bonds down to the amount of 4.5 billion crowns. (2) Bonds starting from the date of publication of this Regulation shall gradually the Federal Ministry of Finance. The transfer and disbursement to the beneficiaries shall ensure its authorized banks. § 3 (1) Bonds to the bearer. (2) The text of the bond includes: a) the name of the "5% government bond Czech and Slovak Federal Republic, issued by Government Decree No. 532/1990 Coll., On the issue of government bonds for payments of claims awarded compensation under the Act No. 119/1990 Coll., on the Judicial Rehabilitation", b) serial number and serial c) nominal value and commitment to its gradual repayment within specified deadlines , along with established interests, d) date of signing and stamping of the Minister of Finance, Czech and Slovak Federal Republic. § 4 (1) Bonds are issued in denominations of 1.000 CSK 10.000 in Slovak crowns, in values after 5000 20 000 crowns crowns in the Czech language. (2) For each bond connects voucher sheet with the bills denominated annual repayment of the capital and year-round interest on the principal outstanding. § 5 return on a bond is fixed at 5% per annum. section 6 (1), the Bonds will be repaid gradually it ten years equal annual installments, starting from the first year after the publication of the bond is. (2) If the bond redemption before maturity, marked, capitalizes on the day of the redemption of the bond. section 7 of the Federal Ministry of Finance, in agreement with the Ministry of Finance of the Czech Republic, the Slovak Ministry of Finance and the State Bank of Czechoslovakia may redeem bonds even before the stated maturity. § 8 This regulation comes into force on its publication. Čalfa vr 1) § 23 para. 5 of the Act.