Law Governing The Old Debt For Social Facilities

Original Language Title: Gesetz zur Regelung der Altschulden für gesellschaftliche Einrichtungen

Read the untranslated law here: http://www.gesetze-im-internet.de/arg/BJNR043410997.html

Law governing the old debt for social facilities (old debt Regulation Act - ARG) ARG copy date: 06.03.1997 full quotation: "old debt regulation law of 6 March 1997 (BGBl. I p. 434), by article 4 of the Act of 20 December 2001 (BGBl. I S. 3955) is changed" stand: amended by art. 4 G v. 20.12.2001 3955 for details on the stand number you find in the menu see remarks footnote (+++ text detection from) : 15.3.1997 +++) the G as article 1 G 105-29/1 v. 6.3.1997 I 434 (ARGEuaÄndG) by the German Bundestag, with the consent of the Federal Council decided. It is under article 5 of this G mWv 15.3.1997 entered into force section 1 which incorporates legacy sinking fund for regulating the old debt for social facilities with effect from January 1, 1997 the society for local old loans and special tasks of the currency changeover mbH Berlin related 31 December 1996 as claims record liabilities for the construction of social facilities and other financing expenses of together 8.389.768.897,33 German mark.

§ 2 as a result of the acquisition in section 1 the public authorities located in the States of Berlin, Brandenburg, Mecklenburg-Western Pomerania, Saxony, Saxony-Anhalt and Thuringia are called liabilities through the sinking fund of legacy of and other debtors of the company for municipal old loans and special tasks of the currency changeover Berlin mbH are claims arising on the basis of legal provisions of the German Democratic Republic for the financing of the construction of social facilities , free. As far as the countries of these claims are affected, the effect occurs for them.

§ 3 (1) the States of Berlin, Brandenburg, Mecklenburg-Western Pomerania, Saxony, Saxony-Anhalt and Thuringia refund equally the Federal Government as its contribution to the interest and repayments for the liabilities taken over by the sinking fund of legacy of, starting with the year of 1998, every year until the full repayment of the liabilities of the sinking fund of of legacy of half of the annual annuity of 7.5 per cent of the liabilities acquired pursuant to section 1 of total 314.616.333,65 German mark. The Federal Government takes the portion of the State of Berlin, in the amount of 52.436.055,61 Deutsche mark, insofar as it is not provided by offsetting in accordance with paragraph 2.
(2) on the part of the countries referred to in paragraph 1 6.25 million deutsche mark in the years 1997 to 2004, in the years 1998 to 2004 from the in section 20 be less unique 300 million deutsche marks, as well as annually b of the law on political parties of the German Democratic Republic from February 21, 1990 (Coll. I no. 9 S. 66), most recently by Act of 22 July 1990 (Coll. I no. 49 S. 904) has been modified , in conjunction with annex II chapter II functional area A, section III letter d sentence 3 of the Unification Treaty of 31 August 1990 (BGBl. 1990 II S. 885, 1150) these assets calculated the available cash, up to 105 million deutsche mark,. Furthermore, available cash are to present to future years. The amount available is determined before the start of the year by the Federal Institute for unification-related special tasks and until December 15 of the year shared with the Federal Ministry of finance. The eligible amount is transferred at the beginning of the year as part of the land contribution to the Federal Government. Of each set, available amount is less than 105 million deutsche mark, as far as no further obligation meets the countries. In this incorrect amounts, the Federal Government has a permanent claim to the assets referred to in sentence 1.
(3) in the years 1998 to 2001, the annual amounts of financial assistance for the countries of Brandenburg, Mecklenburg-Western Pomerania, Saxony, Saxony-Anhalt and Thuringia can build East of 23 June 1993 pursuant to section 2 of the investment promotion Act (Federal Law Gazette I p. 982) by written declaration up to emitting 1 December of the year preceding the payment to the Federal Ministry of finance each to up to 34.936.056 German mark be lowered. These amounts are credited on the respective shares of the countries whose contribution to the interest and repayments referred to in paragraph 1.

§ 4 (1) as far as the performance of the reporting services attributable to the respective country provided according to § 3 not in full, is upto and including 2004 an immediate payment of the countries on the Federal Government until January 31 of the relevant year.
(2) the services of the countries on the Federal can be controlled through administrative arrangements by way of derogation from this law.