Law Repealing The Discount Rate Transitional Law

Original Language Title: Gesetz zur Aufhebung des Diskontsatz-Überleitungs-Gesetzes

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Discompliance Law repeal Law

Unofficial table of contents


Date of issue: 26.03.2002

Full quote:

" Repeal of the law Disablation-The Law of the 26. March 2002 (BGBl. I S. 1219, 1220) "


(+ + + Text evidence from: 4.4.2002 + + +)

The G was defined as Article 4 of the G v. 26.3.2002 I 1219 (VersKapAG) issued by the Bundestag with the consent of the Bundesrat. It's gem. Article 5 of this G entered into force on 4 April 2002. Nonofficial table of contents

§ 1

- unofficial Table of Contents

§ 2 Introduction of new interest rates

(1) It is replaced:
"discount rate of the Deutsche Bundesbank" or the "discount rate of the Bank of German Länder" by the "base interest rate in accordance with § 247 of the Civil Code",
"Basic interest rate" by the "base interest rate in accordance with § 247 of the Civil Code",
the " Frankfurt Interbank Offered Rate for the raising of funds from first addresses on the basis of the the German market (FIBOR) "through the" EURO Interbank Offered Rate-rates for the acquisition of six-month money from first addresses in the participating States of the European Monetary Union ",
the "Lombard Rate of the Deutsche Bundesbank" by the "Interest rate of the European Central Bank's marginal lending facility (SFR-interest rate)",
the "Interest Rate for the Federal Supreme Court" by the 1.5 percentage point increase in the base interest rate in accordance with § 247 of the Civil Code.
(2) The Federal Ministry of Justice Is authorized to adapt the designation of reference quantities and interest rates in accordance with the provisions of paragraph 1 without the consent of the Federal Council in laws and regulations of the Federal Republic of Germany.