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The Housing Savings Premium Law

Original Language Title: Asuntosäästöpalkkiolaki

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Housing savings premium law

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In accordance with the decision of the Parliament:

ARTICLE 1
Objective

In order to improve the acquisition potential of the first property of young people and to promote housing savings, the Housing savings agreements provided for in this Act may be concluded.

State interest rate subsidies for loans granted under the housing contracts are governed by the Law on the interest rate subsidy on loans for the acquisition of own dwelling (19,99/82) And the provisions adopted pursuant thereto.

ARTICLE 2
Apartment

In the apartment, this law refers to at least half of the shares or shares eligible for the control of the dwelling of the apartment or of a private house.

ARTICLE 3
Conditions to be placed on the housing savings depository

A person who, prior to the commencement of the deposit, has completed 18 but not 40 years may become a depositary. Unmarried couples and the law on registered partnerships (2003) In the case of a married couple, they can enter the housing savings depositors, even though the other spouse is 40 years old. (12/122014/1052)

However, a person who has previously owned an apartment cannot be a depositary. The ownership of an apartment is not regarded as having received free of charge for a portion of the dwelling.

§ 4
Housing savings agreement

The Housing savings agreement refers to an agreement between a depositary and an MFI where the deposit depositor undertakes to deposit deposits in the housing savings account for the acquisition of the first own dwelling and where the mfi and The housing savings depository agreed on the receiving loan. A new person who fulfils the conditions laid down in Article 3 may accede to the Housing Convention before the last deposit is made.

For the purposes of this law, this law refers to a credit institution which receives deposits from the public.

§ 5
Contribution rate

The housing savings account account shall be made in at least eight calendar quarters of the deposit with the minimum and maximum amount laid down by the Regulation. The total amount of interest and interest payable to them shall be equal to 10 % of the purchase or purchase price of the dwelling. The additional interest rate will then be taken into account until the date on which the amount of the receiving income is agreed. (13.5.2005/288)

The housing savings depository may be agreed with the MFI that the financing of the dwelling is also used for funds other than those deposited in the housing savings account. The total amount of the deposits may also be lower than the percentage provided for in paragraph 1. Funds deposited in the non-housing savings account shall not be taken into account when calculating the amount of the income of the receiving income.

ARTICLE 6
Conditions for the acquisition of an apartment

The housing contract will have to be located in Finland.

The Housing Agreement does not allow for the acquisition of an apartment in which the housing savings depository actually already resides before the sale, unless the residence is based on a room rent relationship or if the apartment is not acquired by parents.

However, the provisions of paragraph 2 shall not apply to the purchase of a dwelling on the basis of a residence permit if the place of residence was partly or fully used by the depositor prior to the purchase of the apartment.

§ 7
Interest and additional interest rate to be paid to the deposit on housing savings

The mfi carries out an interest rate on the deposit savings deposit, which is regulated by a regulation. In addition, the mfi shall make the deposit for the deposit from the beginning of the deposit and thereafter up to a maximum of five calendar years, with an additional interest rate agreed in the housing savings agreement. The minimum and maximum amounts of the supplementary interest shall be set by the Regulation. (23.12.1999/1300)

The supplementary interest rate shall be paid after the housing savings depositor has fulfilled the terms and conditions of the housing contract, or the construction supervisor has carried out the construction or construction of the dwelling by the depositor. The final review of the approval.

§ 8
Combining or sharing a housing savings agreement

In calculating the amount of the income for each calendar quarter, if two original housing savings contracts are combined or otherwise acquired on the basis of separate contracts, it shall be taken into account for the calculation of the amount of the The amount corresponding to the ceiling laid down.

Deposit savings depositors from the Joint Housing Agreement may agree with the mfi about the distribution of deposits. In this case, each depositor shall have the right to enter into an own-house savings agreement and to continue deposits, provided that he does not raise funds for any other purpose in the distribution of deposits. If the spouses share their collective housing contract, both spouses may acquire an apartment on the basis of their own contract only after the final divorce.

§ 9
Determination of the housing savings contract

The housing savings agreement shall erupt and the Housing Depositary shall not be entitled to a loan under the Agreement if:

(1) the housing savings depository increases the funds deposited or credited to the housing savings account before he/she has completed the terms and conditions of the housing contract; or

2) The housing savings depository shall, during a period of savings, acquire an apartment for consideration before at least half of the depository receipts under the current housing agreement have been deposited.

ARTICLE 10
Fiscal freedom

Part of a deposit or a part of the deposit under this law before the end of the tax year is not deemed to be a taxable asset and the interest rate and the additional interest rate paid by the MFI to such deposits are not taxable income in income and property taxes. Moreover, the interest rate and the additional interest rate are not carried out in the Act on the withholding tax (1341/90) Of a withholding tax.

ARTICLE 11
Notification obligation

The Housing Depositary shall, in order to verify the conditions of the interest rate subsidy, inform the MFI of the identity of his/her spouse. If, by means of an apartment savings agreement, the depositor acquires an apartment number, he shall also inform the MFI of the identity of the other owners of the dwelling.

In order to check the conditions under which the interest rate subsidy is granted, the mfi shall notify the State Treasury when the interest compensation is requested for the first time.

ARTICLE 12
More detailed provisions

For the purposes of this Act, the conditions laid down for the residence and deposit depository, the conclusion or amendment of the Housing savings agreement and the general terms and conditions of the housing savings agreements may be laid down in more detail by the Regulation.

ARTICLE 13
Entry into force

This Act shall enter into force on 1 January 1993.

This law repeals the Housing Insurance Act of 19 December 1980 (182/80) With its subsequent modifications.

Before the entry into force of this Act, measures may be taken to implement the law.

ARTICLE 14
Transitional provision

Without prejudice to Article 3 (1) of this Act, a person who has not been completed before the deposit has been completed within six months of the date of entry into force of this Act shall, notwithstanding Article 3 (1) of this Law, become a depositary.

After the entry into force of this law, the provisions of the repealed Law, with the exception of the provisions on the execution of the housing savings premium, shall continue to apply to housing savings contracts concluded pursuant to Article 13 (2), except in the case of: Are valid upon entry into force of this Act. However, if the housing savings depository and the mfi are so agreed, the Housing Agreement also allows for an apartment of the dwelling within the limits laid down in Article 2 of this Act. (27/07/98)

THEY 273/92 , YmVM

Entry into force and application of amending acts:

28.3.1996/20:

This Act shall enter into force on 1 April 1996.

This law shall apply to housing savings contracts concluded before the law enters into force only if the Housing Depositary and the MFI so agree.

Before the entry into force of this Act, measures may be taken to implement it.

THEY 8/96 , YmVM 1/96, PeVM 5/96, EV 27/96

23.12.1999/13:

This Act shall enter into force on 1 January 2000.

The law shall apply to the interest rate and the supplementary interest rate applicable from 1 June 2000 to 1 June 2000, even if the interest is paid before 1 June 2000.

THEY 128/1999 , VaVM 28/1999, EV 116/1999

27.7.2001/703:

This Act shall enter into force on 1 January 2002.

Before the entry into force of this Act, measures may be taken to implement the law.

THEY 96/2000 YmVM 4/2001, EV 56/2001

13.5.2005/288:

This Act shall enter into force on 1 June 2005. It shall apply to housing savings contracts concluded before the law enters into force only if the housing savings depository and the MFI so agree.

THEY 276/2004 YmVM 4/2005, EV 30/2005

12.12.2012:

This Act shall enter into force on 1 January 2015.

THEY 214/2014 , YmVM 14/2014, EV 184/2014