5/1969 OJ.
Directive
the Federal Ministry of finance
of 24 July 2003. September 1969, *)
laying down the General requirements of government bonds to pay
claims from damages awarded pursuant to Act No. 84/1968 Coll., on
judicial rehabilitation, and more detailed conditions for their emissions,
transmission, transfer and repayment
The Federal Ministry of finance in agreement with the Ministry of Finance of the Czech
Socialist Republic and the Slovak Socialist Republic lays down the
pursuant to section 8 (2). 1 and section 9 of Decree-Law No 65/1969 Coll., on the issue of
Government bonds to pay debts from damages awarded under the
Act No. 84/1968 Coll., judicial rehabilitation, these directives:
I. the period and scope of bond issues
Article 1
Zúročitelné Government bonds (the "bonds") to pay
claims from damages awarded pursuant to Act No. 84/1968 Coll., on
judicial rehabilitation (hereinafter referred to as the "Act"), issued by the Federal Ministry of
Finance in their nominal values after the 100 Czech Crowns, Crowns, 5000 10 000 Czech crowns and 20
000 Czech Crowns to split each piece allow for continuous emissions
balancing the payments of individual receivables of the damages awarded.
Article 2
To pay claims from damages awarded under the law of which the
will be taken until 31 December 2006. in December 1969, the beneficiaries will be gradually
allocated to:
and the first partial bonds) in either series and emissions),
(b)) or other partial emission of bonds series B) if due to the amount and
the development of really allocated entitlements to damages will be required to
the release of go.
On the issue of further bond issues, as well as about which
the bonds will be allocated to eligible persons whose claim of
damages awarded under the Act will be decided from day 1.
January 1, 1970, the Federal Ministry of Finance shall decide, depending on the
the development and extent actually allocated entitlements to compensation for damages in accordance with
In addition, the Act not later than 31 December 2006. December 1969.
II. General requirements of the bonds
Article 3
Bonds have the following general requirements:
and) each bond consists of a dvoulistového shell and voucher
(coupon) of the sheet,
(b)) on the first (cheek) side of the casing shall be appropriate series designation
minor issue, the serial number of the note, the name of the note, the legal
measures on the basis of which the bond issues, an indication of the interest rate
for his interest and nominal values of the numbers and words, data on
the maturity of the bonds with the address of the specified issuance and payment locations
the date of issue of a bond and the signature of the Minister of finance multiplied mechanically,
The Czechoslovak Socialist Republic,
(c)) on the third side sheath is provided, the terms and conditions governing the
release, allocation, transfer, loan, and pay off the bonds of limitation,
(d)) poukázkový arch contains ten tokens marked with serial numbers
1 to 10, denominated in the annual capital repayment and interest on the outstanding
part of the bond; on the front of the vouchers shall show the name of the bond and
his series and serial number, digits expressed above annual capital
repayments and interest on the outstanding principal amount of the bond, due date
vouchers and lessons on the time limit within which it is barred claims for reimbursement
vouchers,
e) lyrics of all parts of the nominal value of the bonds after the 1000 Kčs and 10
000 Czech crowns are in Slovak texts, texts of all parts of the bonds on the
the nominal value after 5000 and 20 000 Czech Crowns in the Czech version.
III. General conditions of remuneration and repayment of the bonds
Article 4
Interest on the bonds shall be calculated including allowance on the basis of 3% of the annual rate of
the outstanding principal amount of the bonds and shall be payable together with the annual
capital payments a year behind schedule.
The bonds shall be payable progressively equal annual instalments in the amount of 1/10
the original nominal value of a bond by the deadlines indicated on the
each voucher bonds, on presentation of the relevant due
the voucher. When the payment of the last bills returns delivered and mantle
the bond.
Article 5
The nominal value indicated on the front of the casing of the bond decreases
for each paid a capital payment.
In the event of the repayment of the bond before maturity marked on it ends
the remuneration of the bond in the year in which the premature repayment.
The payee shall be reimbursed in this case, the amount still outstanding principal
the bond against the return of a bond with all his juvenile vouchers.
The value of the vouchers are missing from the value of proplaceného
the bond counts.
IV. The allocation and payment of bonds
Article 6
The bonds shall be allocated and shall transmit to the authorized persons according to the commands
the Ministry of national defense of the Czechoslovak Socialist Republic,
the ministries of Justice of the Czech Socialist Republic and Slovak
the Socialist Republic, the Office of the pensions in Prague and management
pensions in Bratislava, issued on the basis of the decision to awarded
compensation under the Act and bearing the stamp of the competent
Ministry or body, and it authorised signatures of workers,
Investment Bank Prague 1, Na příkopě 20, and the State Bank of Czechoslovakia,
Regional Institute of Slovakia in Bratislava-the Department of securities
Bratislava, Nedbalova ul. No. 1 (hereinafter referred to as "the Bank"), which
at the same time also perform the function of payroll space.
On the allocation of the bonds, the Bank shall notify the designated beneficiaries and
Ministry or authority, from which the bonds are allocated.
Article 7
Specified by the Bank shall carry out tasks connected with the allocation and transfer of
bonds and paying bills in cash in their offices for
eligible persons free of charge.
In transfers of bonds and claims deriving from the
Article 8
Bonds and claims one can freely convert between citizens for
the conditions laid down in the regulations and without limits (per
the agreed price, the gift or succession. ^) *)
National Socialist organizations can acquire bonds as gifts or
on the basis of the performance of the Court decision.
Article 9
Conversions of bonds and claims of them abroad may carry out
only with the permission of the authorized foreign exchange authority. ^ ^ **)
Article 10
The original (first) the owners of the bonds may pay the bonds their commitments
to the State, and the National Socialist organizations in the following cases:
and to pay the arrears on) a dose of securities gain and the dose of the
assets of 1. in January 1969,
(b)) to pay for the fees of the notary and notarial fees from heritage
the donation,
(c)) to be paid in respect of lending commitments from the United State savings banks and
The Slovak State savings bank obtained on repayment of the shares in the
cooperative housing construction, the construction of houses with apartments in the personal
ownership or purchase of an apartment in personal ownership and construction or
buy family house.
The next owners of the bonds may pay the bonds only notary fees from
heritage and notary fees of the donation.
Article 11
The owner of the bonds, in the cases referred to in article 10 shall submit the bonds
combined with all the vouchers, and with a written request and proof of
the proof of his commitment, satisfy the specified by the Bank according to its
residence.
If he does not find the specified bank practical or legal defects against payment
the offered bonds, it shall notify the holder of the bonds a positive review
the application and will pay the nominal value of bonds offered, or.
the outstanding amount, including their common interest to date of payment
bonds even before maturity by bank transfer
on account of the authorized lender.
In the case that the nominal value of the offered bonds is higher than the
vyrovnávaný commitment of the applicant, it is worth the difference in the amount below
CSK-1000.0-in cash and over this amount shall be allocated to the applicant a new
bonds.
VI. Management and Bond redemption
Article 12
On the proposals on initiating procedures for the redemption of lost or destroyed
the bonds, which will be submitted to the relevant State notary, ^ *) are
the promoters will be required to notify at the same time the specified bank bonds
allocated.
For the umořený bond will provide designated bank spare bond.
VII. Common and final provisions
Article 13
Paid bonds and bills focus on both the designated banks at
Investment Bank in Prague, which according to the instructions of the Federal Ministry of
finances shall ensure their deterioration and destruction of the komisionelní.
Article 14
Control of the transfer of the bonds to the beneficiaries and their control
the payment, as well as overall management control of performance bonds for designated
Bank, carried out by the Ministry of Finance of the Czech Socialist Republic and the
Slovak Socialist Republic in accordance with principles agreed with the Federal
the Ministry of finance.
Article 15
Complaints about the activities of the designated bank handled the Ministry of Finance of the Czech
Socialist Republic and Slovak Socialist Republic by the
generally applicable legislation. ^ ^ **)
Article 16
These guidelines will become effective on 1 January 2004. October 1969.
Minister:
in z. Gajdosik, v. r.
*) § 133 to 135-the acquisition of personal property, § 399 et seq.. -about
sale section 407 to 409-about the donation, § 460 et seq.. -the acquisition of
the heritage of the Civil Code No. 40/1964 Coll.
**) Act No. 106/1953, Coll., on foreign exchange holdings, as amended by Act No.
64/1958 Coll. (Decree No. 80/1958 Coll. on the consolidation of the law on
the foreign exchange holdings), and Decree No. 6/1963.
*) § 50 of the notary of the order No. 95/1963.
**) Government Decree No. 150/1958 OJ l, on the handling of complaints, announcements
and incentives for workers.
