Thirteenth implementing regulation on the eviction law for German foreign bonds (final administrative levy)

Unofficial table of contents

AuslWBGDV 13

Date of completion: 10.11.1959

Full quote:

" Thirteenth implementing regulation on the eviction law for German foreign bonds (final administrative levy) in the adjusted version published in the Bundesgesetzblatt, Part III, outline number 4139-2-13, the last of which was published by Article 2 Paragraph 6 of the Law of 12 August 2005 (BGBl. 2354).

Status:

Last amended by Art. 2 sec. 6 G v. 12.8.2005 I 2354

For more details, please refer to the menu under Notes

Footnote

(+ + + Text proof applicable: 1.1.1977 + + +) 

  

This provision shall not apply in accordance with the territory referred to in Article 3 of the Agreement. L. I chap. IV Sachg. A Sect. I N ° 9 EinigVtr v. 31.8.1990 iVm Art. 1 G v. 23.9.1990 II 885, 964 Unofficial table of contents

Input formula

On the basis of § § 64, 65 of the German Bonds Act of 25 August 1952 (Bundesgesetzbl. 553), with the approval of the Federal Council, the Federal Government decrees: Unofficial table of contents

§ 1 Amount of administrative levy

(1) The issuers of foreign bonds shall be required to pay seven out of the thousand of the amount (paragraphs 2, 3) as the administrative levy for the evicting procedure. Section 2 of the Fifth Implementing Regulation of 28 July 1953 (Bundesgesetzbl. 717) on the administrative levy applicable to the collection recognition procedure shall remain unaffected. (2) The nominal amount of the issued foreign bonds shall be deducted from the amount of the tax amount.

a)

the pieces which had already been tilted under the conditions of the law on the conditions of entry into force of the law;

b)

the pieces which are deemed to be force-free in accordance with Article 6 of the Act;

c)

the pieces which have been recognized by collective recognition (§ § 13, 55 to 58 of the law).

(3) The nominal amount calculated in accordance with paragraph 2 shall be converted into Deutsche Mark subject to the following rates:

100 hfl.	=	110.80 DM
100 sfrs.	=	DM 96.80
1 Pound	=	11.80 DM
$1	=	4.20 DM.

The following conversion rates shall apply to foreign bonds which have a gold-based debt or gold-clause debt:

100 hfl.	=	168.80 DM
1 Pound	=	20.40 DM.

Unofficial table of contents

§ 2 Instatement of previous benefits

The administrative levy referred to in § 1 shall be deducted from the amounts which have been paid as a blow to the administrative levy for the evicting procedure pursuant to § 1 of the Fifth Implementing Regulation of 28 July 1953. Unofficial table of contents

Section 3 Collection of the administrative levy

(1) In the case of the amounts to be paid in accordance with § § 1, 2, the Office for Securities Settlement shall issue a notice of payment against the exhibitors. The provisions of the Administrative Delivery Act shall apply to the delivery of the payment date. (2) The payments shall be made to the Federal Office within one month of the date of delivery of the payment date. One third of the amounts paid shall be deducted from the Bundeshauptkasse immediately to the country in which the exhibitor has its registered office. (3) The amounts to be paid by the exhibitors shall be received at the request of the Office for Security of Securities and Markets the tax authorities have contributed to the provisions of the tax regulations and their ancillaries. (4) The exhibitors are subject to the right of appeal in accordance with the rules governing the appointment procedure of the tax code. The Office for Securities Settlement shall decide on the opposition. The jurisdiction of the financial courts shall be determined on the basis of the registered office of the exhibitors. (5) The general provisions of Part Two of the Tax Code shall apply mutationally, unless otherwise specified.

Footnote

(+ + + § 3 (1) sentence 1, para. 3 and 4 sentence 2: Cf. V v. 8.5.1964 4139-1-7 + + +) Unofficial table of contents

§ 4 Liberation

The federal government, the Länder and the conversion fund for German foreign debt are exempt from the payments in accordance with § 1. Unofficial table of contents

§ 5 Land Berlin

This Regulation shall apply in accordance with Section 14 of the Third Code of Transfer Law of 4 January 1952 (Bundesgesetzbl. I p. 1) in conjunction with Section 78 of the Cleanup Act for German Foreign Bonds, also in the Land of Berlin. Unofficial table of contents

§ 6 Entry into force

This Regulation shall enter into force on the day following the date of its announcement.