Law on payment liabilities to foreign countries

Unofficial table of contents

AuslConnectionlG

Date of completion: 09.06.1933

Full quote:

" Law on payment liabilities to foreign countries in the adjusted version published in the Federal Law Gazette, Part III, outline number 7410-1, as published by Article 4 of the Law of 18 March 1975 (BGBl. 705).

Status:

Amended by Art. 4 G v. 18.3.1975 I 705

For more details, please refer to the menu under Notes

Footnote

(+ + + Text proof applicable: 21.3.1975 + + +) Unofficial table of contents

Input formula

The Reich Government has adopted the following law, which is hereby proclaimed: Unofficial table of contents

§ 1

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§ 2

(1) A conversion fund for German external debt shall be established. The conversion fund is a body of public law; it is under the supervision of the Federal Minister of Finance .... The Federal Minister of Finance appoints the responsible institutions. (2) The remaining legal relationships of the conversion fund govern the statutes which the Federal Minister of Finance establishes. (3) Of the taxes which the Reich, the Länder and the The conversion fund is exempt from the income, wealth and commercial operation of municipalities (municipal associations). Unofficial table of contents

§ 3

The amounts paid ... will be credited to the foreign creditors. The claims of creditors from the credit shall be determined in accordance with the principles laid down in the Statutes of the Conversion Fund. ... Unofficial table of contents

§ § 4 to 6 ----

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§ 7

(1) The Imperial Government shall adopt the laws, regulations and administrative provisions necessary for the implementation of this Act. ... (2) Unofficial table of contents

§ 8

The law will enter into force on 1 July 1933; ....