407/2006 Sb.
DECREE
of 8 March. August 2006,
amending the Decree of the Ministry of finance regulation no 278/1998 Coll., to
the implementation of Act No. 58/1995 Coll., on insuring and financing export
State support and supplement of Act No. 166/1993 Coll., on the highest
Audit Office, as amended by later regulations, as amended by Act No.
60/1998 Coll., as amended
The Ministry of Finance shall determine in accordance with § 4 para. 7 of Act No. 58/1995 Coll., on
insurance and funding export with State support and supplement of the law
No 166/1993 Coll. on the Supreme Audit Office, as amended
the regulations, as amended by law No 60/1998 Coll. and Act No. 23/2006 Coll.:
Article. (I)
In the Decree No 277/1998 Coll., to implement Act No. 58/1995 Coll., on
insurance and funding export with State support and supplement of the law
No 166/1993 Coll. on the Supreme Audit Office, as amended
the regulations, as amended by Act No. 60/1998 Coll., as amended by Decree No. 88/2000
Coll., Decree No 355/2001 Coll. and Decree No. 29/2003 Coll., section 4, including
the title and footnote No 6:
"§ 4
The ratio between the amount of funds and reserves and volume of premiums written engagement
(§ 4 para. 7 of the law)
To ensure the safe operation of export insurance ratios
between the amount of funds and rezerv5) in the amount of not less than 9.5% of the volume of insurance premiums
angažovanosti4), less the insurance covered passive involvement
ensuring ^ 6). For insurance cases with exceptionally high premiums
the risk shall be the ratio between the amount of funds and rezerv5) in the amount of at least 35
% of the amount of the insurance angažovanosti4), less the insurance commitment
indoor passive reinsurance ^ 6).
6) § 2 (2). 1 (b). e) of Act No. 363/1999 Coll., on insurance, and about
changes to some related laws (Act on insurance), as amended by
amended. ".
Article II
This Decree shall take effect on the date of its publication.
Minister:
Mgr. Sobotka in r.
