The Law On Credit Institutions Funds Some Of The Interest Rate Subsidy On Loans

Original Language Title: Laki luottolaitosten varoista myönnettävistä eräistä korkotukilainoista

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Read the untranslated law here: http://www.finlex.fi/fi/laki/ajantasa/1977/19771015

In accordance with the decision of Parliament: credit institutions section 1 of the available resources may be, as in the law, to give loans, the interest rate on the credit institutions in respect of which the State will pay compensation. The interest rate on these loans is said to aid loans later.
Loan grant to deposit in the Bank, the Nordic Investment Bank, the Finnish Fund for industrial cooperation Ltd., an insurance company or a credit institution, hereinafter referred to as the institution for occupational retirement provision. (will take over/390) 3 is repealed L:lla 30.12.1992/1557.



section 2 of the interest rate subsidies for loans may be issued: 1) to the yksityisoppikoulujen, and the people's schools, academies, as well as municipal and private business, engineering, commercial, residential, industrial, agricultural and forestry schools in the construction as well as the stabilisation of the debt incurred in the construction;
2) water supply and drainage equipment, as well as the type of treatment and the construction of multautuslaitteiden and vesiensuojelutoimenpiteiden for the implementation of the industry; (3.11.1978/824)) for the construction of ports in the trade and industry; (5.12.1984/827) 4) for furnaces and uudishankintoihin in the archipelago traffic; (16.2.1979/173) 5) industry, as well as electricity, gas and heat supply, without the protection of investment, establishment of and improvement of General waste disposal sites, the implementation of the investment, as well as waste recovery; (5.12.1984/827) 6) to carriage by sea of cargo in foreign trade mainly for the carriage of cargo ships and other water transport equipment, as well as from abroad, have been used in the tenor of the contracts and the furnaces of less than 1 600 tons gross tonnage for cargo vessels for contracts (30.12.1992/1557) 7) paragraph repealed by L:lla 30.12.1992/1557.

safeguarding the livelihood of the population and the production of 8) for maintaining the operation of essential raw materials, supplies, and for the storage of the products in the event of interference in foreign trade; as well as (17.12.1982/944) 9) paragraph repealed by L:lla 30.12.1992/1557.


10) paragraph repealed by L:lla 30.12.1992/1557.


11) paragraph repealed by L:lla 30.12.1992/1557.

12) race and sports activities as well as the procurement of construction-and perusparantamishankkeiden, as well as to carry out these measures to stabilise the debt; (23 December 1988/1193)-enhancing efforts to be undertaken within the protection of the environment 13) abroad for investment, which has a significant impact on the State of the environment of Finland; as well as (22 December 1994/1308) grown in the greenhouse business, and 14), in actual fact, the investment in planting the garden and working capital loans arising from the debt consolidation. (22 December 1994/1308) the interest subsidy loan under section 3 of the interest charged by the credit institution shall not exceed the amount of the interest rate, what a credit institution generally at any given time to apply to loans for the same purposes.

2 this article is repealed L:lla 19.12.1986/971.



section 4 (19.12.1986/971) State in the context of the statement of revenue and expenditure shall be the amount of the rebate, as well as the annual maximum amount of the interest rate subsidy for loans to be issued for different purposes.


section 5 of the General Interest loans to strengthen the Ministry of Justice.
The loan, the interest subsidy on loan and the interest rate on the credit is accepted to run the competent Ministry or agency, Department or other State authority. The Ministry may also warrant the subordinates of the Agency, institution or authority to borrow, the interest rate on the loan, the interest rate subsidy or to carry out the refund. Run a rebate may also be imposed on the State Treasury. (30 November 2001/1112), section 6, article 6 (19.12.1986/971) is repealed by L:lla 19.12.1986/971.


section 7 of the credit institution and the relevant department or Office shall ensure that the funds will be used for the approval of the loan, the interest rate of the loan borrowed for the purpose of the aid in the decision.
A credit institution is required to submit to the authority of the State concerned, for information that is necessary to determine whether the loans used for the approved purpose and conditions of the loan otherwise complied with.


section 8 If the beneficiary of the interest rate on the loan, the loan funds have been used for purposes other than those for which they are issued or loans to find the given erroneous information vital to the granting of the loan, or concealed in essentially the factors relevant to the assessment of the case, not such a loan after the borrower such procedure has been found, run the interest rate referred to in article 6. In this case, the borrower's interest rate on the credit is to be carried out by the State to the State it is a loan from the date of filing, paid for it, as well as the annual interest rate on the loan, in addition to two per cent of the amount of the fine from the date of its filing.


more detailed provisions on the implementation of this law, article 9 will, if appropriate, by the Council of State.


section 10 of this law shall enter into force on 1 January 1978. Because the interest rate on the Bank's funds for support are repealed the postal loans at 31 December of the 1968 Act (763/68), as amended.
Before the date of entry into force of the laws of the Bank funds subsidized loans shall be subject to the provisions and regulations in force in the past.
Before the entry into force of the law can be used to take action that is necessary in this law upon the entry into force of the laws referred to in the quotation activity.

The change of the date of entry into force of the acts and application: 3.11.1978/8:16.2.1979/173:17.12.1982/9: this law shall enter into force on 1 January 1983.
THEY 161/82, vvvk. bet. 73/82, svk. Mrs. 181/82 5.12.1984/827: this law shall enter into force on 1 January 1985.
THEY'RE 165/84, vvvk. bet. 70/84, svk. Mrs. 123/84 19.12.1986/971: this law shall enter into force on 1 January 1987.
The law (3), (4) and article 6 shall apply as from 1 January 1988, prior to the entry into force of this law existing in the form of.
THEY 156/86, vvvk. bet. 60/86, svk. Mrs. 128/86 of 23 December 1988/1193: this law shall enter into force on 1 January 1989.
THEY 164/88, vvvk. bet. 66/88, svk. Mrs. 146/rejects/88(2) 1209: this law shall enter into force on 1 January 1991.
THEY'RE 193/90, vvvk. bet. 71/90, svk. Mrs. 232/90 30.12.1992/1557: this law shall enter into force on 1 January 1993.
THEY'RE 310/92, of 22 December 1994/1308 TaVM 55/92: this law comes into force by regulation in more detail, stabilised against at the time. (L 1908/1994 came into force on 1 January 1995 in accordance with A 1580/1994.)
THEY 164/94, will take over 16/94/390 MmVM: this law shall enter into force on 1 May 2000.
THEY'RE 6/2000, TaVM 4/2000, on 30 November 2001/39/2000 EV 1112: this law shall enter into force on 1 January 2002.
Before the entry into force of the law can be used to take the measures needed to implement the law.
THEY 162/2001, Staub 23/2001, EV 153/2001