Advanced Search

On The Determination Of Fincomu, Joint-Stock Company For Foreign Trade,

Original Language Title: o určení Fincomu, akciové společnosti pro zahraniční obchod,

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
76/1972 Sb.



DECREE



Minister of foreign trade



of 18 May. September 1972



on the determination of Fincomu, joint-stock company for foreign trade, to

the implementation of some of the foreign trade activities



Minister of foreign trade shall determine in agreement with the Finance Minister of CZECHOSLOVAKIA

According to § 2 (2). 2 and section 20 of the Act. No 119/1948 Coll., on State Organisation

foreign trade and international freight forwarding, and according to § 38 paragraph 1(a).

1 (b). (b)). No 133/1970 Coll., on the scope of the federal ministries:



§ 1



Fincom, joint-stock company for foreign trade, based in Prague

(hereinafter referred to as the "company"), incorporated under the Act. No 243/1949 Coll., and to

which the creation of the State of the authorisation was granted by a decision of the Minister of

foreign trade of 11. 12. no 2306/1968 68-SM, is determined to

the implementation of foreign trade activities to the extent referred to in § 2.



§ 2



(1) the Foreign business activity of the company includes:



a) provisioning, management (including ownership) interests on

business abroad (financial, commercial and industrial)

various forms of either directly or on behalf of the Czechoslovak participants when

exports of capital equipment, machinery and equipment, even when zabezpečovaní resources

raw materials, semi-finished products and products on importation, all in cooperation with the competent

organizations, foreign trade and in accordance with relevant regulations, "^ 1")



(b)) to contribute to the performance of the tasks referred to sub a) through pooling resources and

the activities involved. organisation in accordance with the relevant provisions in ^ 2)



(c) the implementation of the inspection, the inspection) and advisory services to support the

foreign trade,



(d)) the implementation of the legal services financially with the consent of the State Bank

in cooperation with the Czechoslovak and československá obchodní Banka, with

the exception of services reserved to foreign banks and foreign exchange locations

the meaning of the regulations on foreign exchange holdings



(e)) the performance of other tasks for the support and development of the Czechoslovak

foreign trade on behalf of the Federal Ministry of foreign

trade.



(2) the company is entitled to carry out all activities related to the

the subject of his business.



(3) the definition of foreign trade activities lays down in detail the Minister

foreign trade special measures published by the journal of the

the Federal Ministry of foreign trade.



§ 3



1) belongs to the competence of the Federal Ministry of

foreign trade.



2) on the activity of the company under this Ordinance subject to regulations

valid for the conduct of foreign trade.



§ 4



This Decree shall take effect on the date of publication.



Minister:



Ing. V.r. noreezz



1) in particular, under section 20 of the Act. No 142/1970 Coll., on foreign exchange holdings, and

the implementing decree on property holdings on business abroad.



2) in particular, in accordance with § 360a Marketing code and according to the provisions

Code of the international trade of the contract of Association (§ 625 et seq.).