The Saeima has adopted and the President promulgated the following laws: the law of credit unions to make credit unions Act (the Saeima of the Republic of Latvia and the Cabinet of Ministers rapporteur, 2001, nr. 10; 2004, nr. 2), the amendments are as follows: 1. Replace the words "in article 1 of the Latvian population" with the word "individual". 2. Turn off the sixth part of article 2. 3. in article 12: turn off paragraph 1 first subparagraph; Replace paragraph 3 of the first paragraph, the word "and" by "or"; replace the first subparagraph of paragraph 5, the word "business" with the word "business". 4. Turn off the article 19, second paragraph, the words "according to the general meeting (the meeting authorised) approved the terms of deposits". 5. Article 20: turn in the sixth paragraph, the words "established in the Republic of Latvia"; turn off the tenth and eleventh paragraph, the words "the President of the Board of Auditors to the President of the Commission". 6. Replace article 23, second paragraph, the number "50" with the number "100 000 000". 7. Supplement to article 27.1 of Chapter VI, by the following: ' article 27.1. Participation in the credit register (1) the credit limit set by the Bank of Latvia and the Bank of Latvia on the agenda given the news of his borrowers and borrower, guarantor of their commitments and their status. (2) the Bank collects and stores in the first part of the information referred to in the credit register, established and operating in accordance with the rules approved by the Bank. (3) the amount and Terms of the order in which the credits register messages are provided to the borrower, the borrower's guarantor, credit unions and the financial and capital market Commission, established the Bank of Latvia. (4) From the credit register messages received by the Credit Union will not be divulged to third parties, except those for which the message received. (5) in order to cover the credit registry maintenance expenses, credit unions and financial and capital market Commission of Latvia pay Bank fees on credit registry. Fee and payment arrangements determined by the Bank of Latvia. (6) if the Credit Union does not comply with the requirements of the first subparagraph, the Bank of Latvia is entitled to impose fines of up to 5000 it late. " 8. transitional provisions supplementing paragraph 6 by the following: "6. Article 27.1 of the Act shall enter into force on January 1, 2008."
The Parliament adopted the law of June 21, 2007. State v. President Vaira Vīķe-Freiberga in Riga, July 5, 2007 in