259/2001 Sb.
LAW
of 26 March. June 2001
on the State bond program to cover the loss Consolidation Bank
Prague, national financial institution, for the year 1999, and amending the law No.
591/1992 Coll., of the Securities Act, as amended
Change: 353/2001 Sb.
Change: 89/2009 Sb.
Parliament has passed the following Act of the United States:
PART THE FIRST
STATE BOND PROGRAM TO COVER THE LOSS CONSOLIDATION BANK PRAGUE,
STATE FINANCIAL INSTITUTION, for the year 1999
Article. (I)
§ 1
State bond program
(1) the purpose of the State bond program is coverage of losses
The consolidation Bank Prague, State financial institution, for the year 1999.
(2) the scope of this Government bond program is 36 089 210 000 CZK.
(3) all the obligations resulting from this Government bond
the programme shall be paid not later than the expiry of the 45 years of the effective date
the effectiveness of this Act.
(4) the resources acquired by the emission of bonds under this Act can be
exceed the total expenses of the State budget in rozpočtovaném the year in
which will be applied to the resources obtained in this way. This exceeded the
the rozpočtovaném year of the amended State budget and balance
financing items.
§ 2
The Ministry of finance will convert the resources obtained from this bond
program for the benefit of the consolidation account Bank Prague, state money
of the Institute.
PART TWO
cancelled
Article II
cancelled
PART THREE
Amendment to Act No. 367/2000 Coll., amending Act No. 586/1992 Coll., on the
the Securities Act, as amended, and certain other laws
Article. (III)
In Act No. 367/2000 Coll., amending Act No. 586/1992 Coll., on the
the Securities Act, as amended, and some other laws,
in the article. (II) in paragraphs 10 and 11, the words "within the period of 1 year" shall be replaced by
"in a period of 18 months".
PART FOUR
TRANSITIONAL PROVISIONS TO PARTS OF THE SECOND AND THIRD
Article IV
1. If permission to any of the activities referred to in § 45 para. 1
Act No. 586/1992 Coll., of the Securities Act, as amended
regulations, calls for a securities dealer who is granted
authorisation before the effective date of this Act, do not apply it
the provisions of § 45 para. 3 and section 46 c of paragraph 1. 1 law No. 591/1992 Coll. is not
without prejudice to the provisions of article. II, point 10 (a). a) and b) of Act No. 366/2000 Coll.
amending Act No. 586/1992 Coll., of the Securities Act, as amended by
amended, and certain other laws, as amended by this Act,
Neither the provisions of point 2.
2. Securities dealer that the effective date of this Act,
has issued shares in book-entry form, within one year from the date of
the effectiveness of this law shall be obliged to indicate the form of their shares in accordance with the
the requirement of § 45 para. 3 of Act No. 586/1992 Coll., on the securities in the
as amended.
3. the securities dealer that carries out an activity referred to in section 8
paragraph. 2 (a). d) of Act No. 591/1992 Coll., of the Securities Act, as amended by
amended, or the activities of a similar nature on the basis of
authorisation granted pursuant to section 45 of Act No. 586/1992 Coll., to 31. December
2000, is entitled to continue in this activity pending the decision of the Commission on
his application for the grant of a permit to operate pursuant to § 8 para. 2
(a). d) of Act No. 591/1992 Coll., filed not later than 90 days from the date of
the effectiveness of this Act. If the request is made within this period,
permission to carry out an activity referred to in § 8 para. 2 (a). (d)) of law No.
591/1992 Coll. or activity in nature similar to this deadline,
ceases to exist.
PART FIVE
Article. In
The effectiveness of the
This Act shall take effect on the date of publication.
Klaus r.
Havel, v. r.
Zeman in r.
