Executive order amending Executive order on certain construction associations mobilization for reimbursement provisions
In executive order No. 314 out of 10. August 1965 on certain construction associations mobilization for reimbursement provisions, as amended by Decree No. 261 of 20. May 1974, shall be amended as follows:
1. In section 1, the following is inserted as new paragraph 3:
' (3). An association that womb itself, will be in its entirety subject to law on housing associations and other residential communities from the time of frikøbet. '
2. In article 2, paragraph 1, the words ' the law relating to the assessment and taxation to the State of the country's real estate ': ' law on the assessment of the country's real estate '.
3. § 2, paragraph 2 is replaced by the following:
' (2). Are there costs for improvements of the property held by the Association or the residents who increased the property's use value, the amount of the difference shall be reduced in accordance with paragraph 1 with documented costs incurred for improvements. The Association may, however, require that the amount of the difference referred to in paragraph 1 shall be reduced by a standard amount instead, which represent 1,200 € per m² gross floor area of the property. The default amount will be adjusted for the net price indices calculated by Statistics Denmark with price figure for the month of January 2008 as the base. The adjustment shall be made to the last published indexes at the time when the request for release be made. '
4. section 5 is repealed.
The notice shall enter into force on the 1. December 2008.
Ministry of social welfare, the 19. November 2008 Karen Jespersen/Mikael Lynnerup K