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Amendments To The Law "on The Banks"

Original Language Title: Grozījumi likumā "Par bankām"

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The Saeima has adopted and the President issued the following law: amendments to the law «on the banks to do the law «on» banks» (the Republic of Latvia Supreme Council and Government Informant, 1992, 22/23; 44/45) the following amendments: 1. Express article 8 as follows: «article 8. Details of the accounts of legal persons and the operations performed to be served the same entities and their supreme bodies, as well as the courts, the public prosecutor's Office, the State revenue service, State control and the State social insurance fund where provided for in the legislation.
News of the loan account in question is authorized by the Bank of Latvia.»
2. in article 9: replace in paragraph 4, the words «financial inspection» with the words «for» the State revenue service; Add to article 5 and paragraph 6 by the following: «5) State control in the cases provided for by law; 6) State social insurance fund to pay social tax not applicable.»;
to supplement the article with the second paragraph by the following: «news on loan accounts in question is authorized by the Bank of Latvia.»
3. Express article 10 by the following: ' article 10. Legal person money or other values in commercial banks and other credit institutions, may seize only by decision of the Court or the Prosecutor's sanction, but the settlement of part or all of the operations to be carried out on the suspension, the State revenue service authorities or the State social insurance fund's authority. Drive to the funds of legal persons and other values can work only in accordance with the injunction of the Court or by the State revenue service authorities or the national social insurance fund authority, where provided for in the legislation.»
4. Replace article 16, the words «is a founding member of the Council of Ministers of the Republic of Latvia» with the words «founder's Cabinet».
5. To make the first part of article 19 of the following «article 19. The Bank claims upheld by child support and tax recovery charges or equivalent.»
Transitional provisions 1. Cabinet of Ministers prepared a draft law on amendments to the Latvian Code of civil procedure for the recovery of amounts under part split between party, in coordination with the civil code and other legislation.
2. With the entry into force of this Act are deemed unenforceable in the constitutional order of article 81 of the Cabinet of Ministers issued Regulation No. 9 «on additions to the law «About banks»» (the Republic of Latvia Saeima and the Cabinet of Ministers rapporteur, 1994, 3).
The law shall enter into force on the day of its promulgation.
The Parliament adopted the law of 12 May 1994.
The President of the Parliament instead of the President a. GORBUNOV, 1994 in Riga on May 21.