Law Governing Certain Old Claims

Original Language Title: Gesetz zur Regelung bestimmter Altforderungen

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Read the untranslated law here: http://www.gesetze-im-internet.de/altfrg/BJNR158910005.html

Law governing certain old claims (old requirement Regulation Act - AFRG) AFRG Ausfertigung date: 10.06.2005 full quotation: "old claim Control Act of 10 June 2005 (BGBl. I p. 1589)" footnote (+++ text detection from: 17-6.2005 +++) the G was decided as article 1 of the G v. 10-6.2005 I 1589 by the Bundestag. It entered into force article 3 of this G on the 17.6.2005 according.

§ 1 request permission (1) a before May 8, 1945 in favor in the credit institution established in article 3 of the Unification Treaty area by besatzungsrechtliche or occupying sovereign measures, building society or insurance company (Bank) justified loan the Federation (GSF) is, as far as this requirement due to lack of location in the area referred to in article 3 of the Unification Treaty could not effectively be dispossessed and this credit institution compensation according to the law of conversion in the Federal Law Gazette Part III , Outline number 7601-0, adjusted version, the Migration Amendment Act in the in the Federal Law Gazette Part III, outline number 7601-1, adjusted version or the implementing regulations to get has. The granting of compensation is presumed irrebuttably to debtors of the old claims. The commitment of federal, 1 learned to a credit institution to be set, confirming that referred to in paragraph 1, not to have received a compensation claim, shall remain unaffected. There is no beyond compensation entitlement.
(2) claims of credit institutions perished because of its sole seat in the area referred to in article 3 of the Unification Treaty due to besatzungsrechtlicher or occupying sovereign expropriation are entitled to financial assets in accordance with article 22 para. 1 of the Unification Treaty.
(3) as far as before entry into force of this law the Kreditanstalt für Wiederaufbau loans have begun a para. 1 of the Unification Treaty within the meaning of paragraph 1 for financial assets being managed by the Federal Government pursuant to article 22, it remains by way of derogation from paragraph 1 set 1 in.

Article 2 relationship with other provisions the assets law remains unaffected.

Section 3 conversion, repayments (1) pension, Empire - or gold mark or comparable currency designations are in proportion 2 to 1 on the Deutsche mark, converted to euro, to convert.
(2) already provided repayments are to be.