Ordinance on the redemption of the shareholders ' rights of holders residing outside the German Democratic Republic to the Altgubalances-Redemption-Bond (Altguthabentilgungsverordnung-ATV)

Unofficial table of contents

ATV

Date of completion: 27.06.1990

Full quote:

" Altguthabentilgungsverordnung in the version of the Notice dated 26 August 1997 (BGBl. I p. 2214) "

Status:

New by Bek. v. 26.8.1997 I 2214

For more details, please refer to the menu under Notes

Footnote

(+ + + Text proof applicable: 3.10.1990 + + +)
Heading: Amtl. Short transcript and Letter abbreviation inserted. by Article 5 (2) (1) G v. 17.7.1997 I 1823 mWv 24.7.1997
The continuing right of the former. German Democratic Republic gem. Appendix II. IV Sect. I n ° 2 in accordance with d. Art. 9 EinigVtr v. 31.8.1990 iVm Art. 1 G v. 23.9.1990 II 885, 1194 mWv 3.10.1990 Unofficial table of contents

Input formula

For the realization of previously dormant claims from shareholders in the old credit-redemption bond, the following is arranged: Unofficial table of contents

§ 1

(1) The repayment of the rights of shareholders in the Altgubalances redemption bond issued by holders who reside outside the borders of the German Democratic Republic, in accordance with § 2 of the Fourth Regulation on the redemption of the shareholders ' shares of Citizens of the German Democratic Republic on the Altgubalances redemption bond issued on 18 December 1963 (GBl). II No. 109 p. 861), shall be repealed as from 1 July 1990. (2) An existing public administration of shareholders in the Altgubalances redemption bond shall be deemed to be repealed at the same time. Unofficial table of contents

§ 2

(1) holders of shares in the Altgudeposits redemption bond or whose heirs may, until 31 December 1992, submit an application for repayment to the competent financial institution in respect of which the shares have been established. The right to redemption of the share rights is from the holder of the shareholders ' rights by presenting the bank confirmation of the shares. (2) The right to redemption of the equity is the right to be paid for the redemption of the shares. To demonstrate revaluation. If this bank confirmation cannot be submitted, it is possible to submit an application for the examination of existing shareholders in the case of the financial institution in which the shareholders have been founded. (3) Insofar as the right to redemption of the shareholders ' rights has been granted has passed the old credit redemption bond on heirs, this is to be proven by proof of inheritance. A fee is not charged for issuing a certificate if the certificate of inheritance is to be used only for the purpose of redeeming the equity. A certificate issued in accordance with the second sentence may also be used in proceedings for the implementation of the burden-balancing act, the law governing open property matters and the state compensation provided for in point 1 of the Act of the Government of the Federal Republic of Germany. , and the Government of the German Democratic Republic issued a Joint Declaration of 15 June 1990 on the settlement of open property matters. (4) A claim for the redemption of a shareholdings in the Altgubalances redemption bond exists not, if the share is already compensated by the (5) In the event that the evidence referred to in paragraph 2 or paragraph 3 or the results of the examination on the existence of a shareholderright do not apply until 31 December 1998, after the date of application of the application in accordance with the provisions of paragraph 1, the evidence referred to in paragraph 2 or the results of the examination of the Creditanstalt für Wiederaufbau, Berlin branch office, the claims arising from the shareholders ' rights to the old credit-redemption bond shall be extinguishing. (6) Applications by savings banks to apply for repayment of funds for the payment of the original credit of holders with a credit card. Place of residence in the territory referred to in Article 3 of the Agreement The Federal Ministry of Finance, Berlin branch office, shall be required to submit it to the Federal Ministry of Finance no later than 31 December 1998. After that, these claims extinguisher. Unofficial table of contents

§ 3

(1) The share rights in the Altgubalances redemption bond shall be remunerated at an interest rate of 3% per year for the period from 1 January 1949 to the redemption. (2) The payment of the equity interest plus interest shall be effected after confirmation by the competent Financial institution by the Kreditanstalt für Wiederaufbau, Berlin branch office, in such a way that a Deutsche Mark is credited for two marks of the German Democratic Republic. Unofficial table of contents

§ 4

Citizens of States with which the German Democratic Republic has regulated claims on the basis of equity in the Altgubalances Redemption Bond by means of an inter-governmental agreement can no longer claim any claims. Unofficial table of contents

§ 5

(Entry into force)