Ordinance Amending Ordinance On The Administration Of The Act On Danish Export Credit Fund, Etc.

Original Language Title: Bekendtgørelse om ændring af bekendtgørelse om administration af lov om Dansk Eksportkreditfond m.v.

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Ordinance amending Ordinance on the administration of the Act on Danish export credit fund, etc.

§ 1

In executive order No. 98 of 8. February 2001 on the administration of the Act on Danish export credit fund, etc., as amended by Decree No. 1255 of 15. December 2008 shall be amended as follows: 1. Article 2, paragraph 6 is replaced by the following: ' (6). The requirement in paragraph 3 that the equity in the presentation of the financial statements should not exceed 12 per cent of warranty responsibility and outstanding claims without prejudice. paragraph 2, shall not apply to the period 2010-2014. Equity can thus by presentation of the annual accounts for 2010, 2011 and 2012 shall not exceed 10 per cent of warranty responsibility and outstanding claims without prejudice. paragraph 2, and by the presentation of the financial statements for the 2013 maximum 10.5% and 2014 more than 11 percent. ' 2. In § 2 paragraph 7 is inserted: ' (7). The requirement in paragraph (2), (4) and (5) that the free equity at a minimum, constitute 8 percent of warranty responsibility and outstanding claims without prejudice. paragraph 2, shall not apply to the period 2010-2014. The free equity must thus for 2010, 2011 and 2012, as a minimum, constitute 6 percent of warranty responsibility and outstanding claims without prejudice. paragraph 2, and for the years 2013 and 2014 6.5 per cent minimum minimum 7 percent. '

section 2 of the Ordinance shall enter into force on 23 March. December 2010.

Economic and business affairs, the 2. December 2010 Brian M/Anette Eberhard