In accordance with the decision of the Parliament:

ARTICLE 1 (21/02/1243)

As a guarantee of a credit or other financial contribution granted directly or indirectly to an undertaking performing a ship or ship-shipping business in Finland, the law of the special financial corporation of the State (443/1998) A company ( Special financial company ) May grant Chassis As provided for in this Act.

The credit or other financing guaranteed by the special financial company under this Act shall be referred to below: Guarantee facility .

ARTICLE 2 (23.12.1977/1031)

The purpose of the guarantee facility for the financing of an undertaking carrying out a shipping business shall be the acquisition of a vessel of at least 10 metres in length and not more than 10 years old, or its hull plating from Finland. Or the stabilisation of the financing of such vessels. The provisional guarantee may also be granted as collateral for the conversion, repair or upgrading of the ship. (21/02/1243)

The purpose of the guarantee facility for the financing of an undertaking operating in the shipbuilding business shall be to provide a supply credit to a Finnish shipping company operating in accordance with paragraph 1, or To finance the acquisition of the hull or the modification, repair or upgrading of the hull. Initial financing may also be granted for the financing of such a project. (21/02/1243)

A State guarantee shall not be granted to stabilise the capital of a debt which is issued or guaranteed by a resident credit institution other than a special financing company. However, for special reasons, a State guarantee may be granted to the credit used for the payment of such credit. (18.06.1998/449)

ARTICLE 3 (21/02/1243)

The initial guarantee may be provided as collateral for the principal, interest and credit transfers under the guarantee credit.

The provisional balance shall be granted as a self-imposed guarantee or as a contingent liability.

§ 4 (21/02/1243)

The guarantee of a guarantee or a provisional guarantee shall be secured by a counterguarantee approved by a special financial company. A special financial company may accept a counter-security that is not safe.

For special reasons, the initial statement may also be made without requiring a counter-guarantee as referred to in paragraph 1.

§ 4a (21/02/1243)

In order to safeguard the interests of the State in the event of a risk of loss arising from the initial operation referred to in this Act, insurance, security, swaps and other arrangements may be hedged ( Hedging arrangements ).

§ 5 (21/02/1243)

Initial loans and hedging arrangements granted under this Act may not be repaid at the same time as the amount of up to EUR 1 350 million in interest and other capital, in addition to other capital, without reading. For the purpose of calculating the guarantee liability referred to above, account shall be taken of the guaranteed capital of the credits covered by the guarantees which entered into force and of the binding guarantee bids of half of the subscribed capital. The liability arising from the protection arrangements shall be taken into account as laid down by the Ministerial Regulation of the Ministry of Trade and Industry.

The amount of credit other than the euro shall be calculated on the basis of a reference exchange rate published by the Central Bank of the European Central Bank for that currency. The exchange rate of the missing currency from the European Central Bank's exchange rate shall be calculated using the current exchange rate at the international exchange rate prevailing in the currency of the European Central Bank.

ARTICLE 6 (31.12.1985/1094)

In the case of State guarantees, particular attention shall be paid to the operating conditions, employment aspects and the importance of the project for the operation of the ship-building or the shipping company.

§ 7 (18.06.1998/449)

For the purposes of the State guarantees provided for in this Act, where applicable, the provisions of the Law on State guarantees for certain economic sectors (185/1963) Provides.

§ 8 (21/02/1243)

§ 8 has been repealed by L 21.12.2004/1243 .

§ 8a (21/02/1243)

Decisions on provisional recovery may be subject to a processing fee which takes account of the workload and the costs incurred as a result of processing.

A guarantee fee shall be charged for the provisional application, taking into account the length of the risk period, the creditworthiness of the risk subject and other factors affecting the liability and the factors of competition.

§ 9 (18.06.1998/449)

§ 9 has been repealed by L 18.6.1998/449 .

§ 9a (21/02/1243)

The initial operations shall be managed by the special financial company referred to in Article 1. The company shall also lay down the general terms and conditions applicable to the provisional periods and shall conclude the contracts, hedging arrangements and other commitments referred to in Article 4a.

§ 9b (21/02/1243)

The special financial company shall comply with and comply with the administrative law of the processing and management of the initial (2003) And languages (2003) Provides.

Company staff shall be subject to the provisions of criminal law relating to criminal law when dealing with matters covered by this Law.

Article 9c (21/02/1243)

The publicity of the activities of the specialised financial company under this law is in force, which is governed by the law of the authorities (18/09/1999) And Article 5 of the State Special Financial Company Act.

ARTICLE 10 (21/02/1243)

More detailed provisions on the implementation of this law will be adopted, where appropriate, by a decree of the Government.

The Government Decree also lays down more precise rules on the principles governing the granting of provisional licences and other guidance on the granting of provisional licences and on provisional payments.

ARTICLE 11

This Act shall enter into force on 1 August 1972.