165/1950 Coll.
REGULATION
the Minister of finance
of 22 March. November 1950,
defining the domestic insurance insurance companies based in a foreign country and
domestic insurance transactions denominated in Reichs marks.
Minister of Finance directs pursuant to § 5 para. 1 and § 12 para. 1 of law No.
95/1950 Coll., to regulate certain conditions in the insurance industry:
SECTION I.
Domestic insurance insurance companies based in a foreign country.
§ 1
(1) insurance, from which it is as committed to the insurer, the insurer shall
based in a foreign country, or a claim of such insurance shall be considered as
domestic within the meaning of § 5 para. 1 the Act. No 95/1950 Coll., if
and when he had insurance) policyholders residence (seat) on the territory of the
The Czechoslovak Republic and the insurance company to which the insurance was
agreed, have been engaged in the activities in that territory, and
(b)) on 1 May 2004. August 1950 on the territory of the Czechoslovak Republic residence
(the seat) in either the policyholder, if the insurance that date still in
the validity of, or a person belonging to the claim
and in addition, if the conditions are met, § 2.
(2) the operation of the activity on the territory of the Czechoslovak Republic [paragraph 1
(a). and)] means also has negotiated at the time-freedom insurance company having
registered office abroad insurance according to regulations the occupying power with the people
having a domicile (seat) in the occupied territories.
§ 2
(1) the insurance of property or a claim of it are considered domestic,
If the insured or the insured thing source of danger were in the territory of
The Czechoslovak Republic when taking out insurance. However, if the
insurance in force 1 January yet. August 1950, it is considered a domestic
just another, provided that the insured thing or the insured risk source
they were also on the territory of the Czechoslovak Republic on 1 May 2004. August 1950.
(2) the national insurance property and shall not be considered an accident insurance,
that lapse in accordance with § 6 para. 2 of the Act. No 95/1950.
§ 3
In the rights and obligations of the insurance, which is considered domestic by
the provisions of §§ 1 and 2, shall enter on the command of the Finance Minister of Czechoslovakia
the insurance company, national enterprise. The latter, however, shall not enter in the accounts payable
insurance companies based in a foreign country, if legitimate is the National Fund
recovery according to the Fund rules or confiscatory currency because
that life insurance (life insurance claims).
the President of the Republic signed by Presidential Decree No 95/1945 Coll., on
log on deposits and other monetary claims for financial institutions,
as well as life insurance and securities, or because they claim
fell under section 76 para. 5 of law No 134/1946 Coll., on a dose of
asset increment, and a dose of property as amended by Act No. 68/1949
SB.
SECTION II.
Domestic insurance transactions denominated in Reichs marks.
§ 4
Insurance transactions denominated in Reichs marks, from which it is as
the insurer committed to an undertaking established abroad shall be deemed
domestic within the meaning of § 12 para. 1 the Act. No 95/1950 Coll., if domestic
insurance within the meaning of the provisions of section I, under the same conditions,
considered a domestic receivable denominated in Reichs marks from insurance,
from which it is (was) as the insurer committed to undertaking established in
a foreign country.
§ 5
Insurance transactions denominated in Reichs marks, from which it is as
the insurer committed to the Czechoslovak national enterprise, undertaking or
nationalized Insurance Institute established in the territory of the country, as well as the claim of the
such insurance shall be considered as a domestic in the sense of § 12 para. 1 the Act.
No 95/1950 Coll., if
1. the policyholder or the person belonging to the claim, were residing in the territory of the
The Czechoslovak Republic on 1 May 2004. August 1950 and insurance claim was not
confiscated, nor the State, nor to sink through the floor to the State
According to the rules listed under no. 2 or
2. the claim of the insurance has been confiscated or switched to a State or a failed in
its benefit (Decree of the President of the Republic No. 108/1945 Coll., on
the confiscation of enemy property and national reconstruction Funds, as amended by
Act No. 84/1949 Coll., section 11 dekr. No 95/1945 SB., § 76 para. 5. No.
134/1946 Coll. as amended by Act No. 68/1949 Coll., section 7 (2). 3 of Act No.
128/1946 Coll., on the invalidity of certain property-legal proceedings from the time of
oppression and of the claims of this invalidity and other interventions in asset
vzcházejících).
§ 6
Payment obligations denominated in Reichs marks from insurance which shall be
for domestic according to sections 4 and 5, shall be implemented starting on 1 January 2004. August 1945
Czechoslovak crowns in a ratio of 1 Reichsmark = 10 Czechoslovak
Crowns, with the exception of domestic insurance agreed in
Czechoslovak crowns, which were converted into the Reich of the mark in
a ratio of 1 Czechoslovak koruna = 12 Imperial pfennigs; the performance of financial
obligations of the insurance shall be separate.
SECTION III.
Common and final provisions.
§ 7
Nenáležela in the days of the applicable property rights under this regulation from
life insurance to the policyholder because it was converted to a person
another, subject to the conditions laid down in this regulation for the policyholder to
This other person.
§ 8
The Ministry of finance may prevent the hardness in individual cases
decide that insurance, from which the insurer is as committed to
the insurance company is based in a foreign country, or insurance transactions denominated in
the Imperial mark are considered domestic, even if they do not meet all of the conditions
section I and II.
§ 9
Unaffected remain the provisions on the pojistitelovo performance of converts
the deposit.
§ 10
This Regulation shall enter into force on the date of publication.
Zápotocký in r.
Kabeš in r.
