Law Governing Certain Old Claims

Original Language Title: Gesetz zur Regelung bestimmter Altforderungen

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.

Act to regulate certain old claims (Old Formal Notice Act-AFRG)

Non-official table of contents

AFRG

Date of issue: 10.06.2005

Full quote:

" Altreceiverting law of the 10. June 2005 (BGBl. I p. 1589) "

Footnote

(+ + + Text evidence from: 17. 6.2005 + + +)

The G was defined as article 1 of the G v. 10.6.2005 I 1589 adopted by the Bundestag. It's gem. Article 3 of this Act entered into force on 17.6.2005. Unofficial table of contents

§ 1 Foreligibility

(1) One before the 8. May 1945 for the benefit of the credit institution, building savings bank or insurance undertaking (credit institution) in the territory of the territory referred to in Article 3 of the Unification Treaty, where the measures are based on the measures of the law or the law of the institution. The loan is receivedto the Federal Government (compensation fund) in so far as this requirement could not be effectively expropriated in the area referred to in Article 3 of the agreement and the credit institution has been able to compensate for compensatory claims in the territory of the The law on conversion in the adjusted version published in the Bundesgesetzblatt, Part III, outline number 7601-0, the conversion supplement law in the revised version published in the Bundesgesetzblatt, Part III, outline number 7601-1, published in the Federal Law Gazans the version or the implementing regulations adopted for this purpose. The granting of the compensatory claims shall be presumed to be irrefutable for the debtors of the old claims. The Federal Government's obligation to issue the first sentence of the first sentence to a credit institution which provides proof that it has not received a compensatory request shall remain unaffected. There is no further compensation claim.(2) Claims by credit institutions which have been subject to financial assets in respect of their exclusive seat in the territory referred to in Article 3 of the Unification Treaty as a result of expropriations of credit institutions which have been subject to the Treasury or Treasury shall be subject to the following: Article 22 (1) of the 'agreement'.(3) To the extent that, before the entry into force of this Act, the Kreditanstalt für Wiederaufbau (Kreditanstalt für Wiederaufbau) has already recovered loan claims within the meaning of paragraph 1 for the financial assets under the terms of Article 22 (1) of the agreement under the agreement of the Federal Government; there shall be a derogation from the first sentence of paragraph 1. Non-official table of contents

§ 2 Relationship with other regulations

The asset law remains unaffected. Non-official table of contents

§ 3 conversion, repayment services

(1) Pensions, Reichs or Goldmark, or similar currency designations, are available in the Conversion ratio of 2 to 1 to Deutsche Mark, converted to Euro, converted.(2) Tilting services have already been provided.