Law concerning the name of the shares in De Nederlandsche Bank N.V.

Original Language Title: Wet nopens de naasting der aandelen in De Nederlandsche Bank N.V.

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Law of 23 April 1948, declaration of the general utility of the sale of shares in the registered capital of De Nederlandsche Bank N.V. by the State and regulation of the animal

We WILHELMINA, at the grace of God, Queen of the Netherlands, Princess of Orange-Nassau, etc., etc., etc.

All of them, who will see or hear these, saluut! do know:

In this regard, we considered that it is necessary to transfer the shares in the capital of De Nederlandsche Bank N.V. to the State of the Netherlands;

In this way, we, the Council of State, and with the mean consultations of the States-General, have been well-regarded and understood to be right and to be understood by the following:


Article 1

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  • 1 We declare that the general utility claims that the shares in the capital capital of De Nederlandsche Bank N.V. must be taken by the State of the Netherlands.


Article 2

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The shares in the registered capital of De Nederlandsche Bank N.V. shall be taken from the date of the entry into force of this Article and transferred by the State to it and to it in full and free ownership.


Article 3

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  • 1, whose share of the provisions of the Article 2 In addition to the provisions of this Law, an invitation to tender shall be issued in the Grand Book of the National Debt for Debt, referred to in Article 1 of the Grand Book, amounting to two of the nominal amount of that share.

  • 2 The interest of the tender referred to in paragraph 1 shall start on the first day following the end of the last financial year of De Nederlandsche Bank N.V., prior to the date of entry into force of this Article, on which the dividend shall be payable has been set.

  • 3 Our Minister of Finance is authorized to open enrolments in the Grand Book of the 2½-procents National Debt for the execution of the provisions of the first paragraph.


Article 4

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If, at the time of sewing, a third party had a right to a share, the tendering procedure shall, subject to the provisions of this law, be made by endorsement of a corresponding right of that part, in accordance with the law of that law. Third on registration.


Article 5

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  • 1 The booking of an entry in the Grand Book of the 2½-procents National Debt under Article 3 shall be made by the Director of the Grand Books of the National Debt on presentation of a written declaration to be issued by the Executive Board of De Nederlandsche Bank N.V. to the holder, at his request, on the right of the person to whom he/she is entitled to For the purpose of the tendering procedure,

  • 2 The lodging of an endorsement Article 4 shall be made by the Director of the Grand Books of the National Debt, at the same time as the entry in which the endorsement relates, on presentation of the written declaration referred to in the preceding paragraph, which shall be the subject of the written declaration. Relates to the right of the third party. The written declaration shall be issued at the request of that third party.

  • 3 The Executive Board of De Nederlandsche Bank N.V. shall not issue the declaration referred to in paragraphs 1 and 2 of this Article for the purposes of resupply of the share certificate with corresponding talon and dividend proof, which have not been made payable or otherwise by the Senior management deemed necessary.

  • 4 The request of rightholders to issue the certificate referred to in this Article must have taken place within 10 years of the date of entry into force of this Article, subject to a loss of their right, subject to a special decision from our Minister of Finance.


Article 6

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  • 1 The tenders, pursuant to the provisions of this Law, shall be regarded as transferable for the purposes of Chapter IV of the Decision on the right of legal traffic and of the provisions based thereon.

  • 2 The tenders and the rights of third parties registered in the tendering procedure shall, for that application, be deemed to be replaced by the following: Article 2 the shares, which were the same as the shares, which had been on those shares at the time of the name of the name.


Article 7

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  • 1 The fees charged pursuant to Article 79 of the Grand Book for the operations of the Grand books for the implementation of this Act shall be borne by the State.

  • 2 The fees referred to in Article 79 of the Grand Tax Code relating to the first transfer of an invitation to tender arising from the provisions of this Law, to the Grand books referred to in Article 79 of the Article 2 In cases where the said transfer is made to the person to whom the invitation to tender is made by virtue of the provisions of the First paragraph of Article 3 has been provided.


Article 8

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  • 1 This law may be cited as "Law concerning the name of shares in De Nederlandsche Bank N. V."

  • 2 She shall enter into force from the day following that of that harer, subject to the Articles 2 to: 7 , who will come into effect on a time to be determined by our time.

  • 3 Our decision, determining as referred to in the previous paragraph, shall be in the State Sheet and in the Dutch Official Gazette placed.

Burdens and orders, which are in the State Sheet will be placed, and that all Ministerial Departments, Authorities, Colleges and Officials, who so concern, will keep their hands on the precise execution.

Issued at Paleize Het Loo, 23 April 1948

WILHELMINA.

The Minister of Finance,

P. SWEETINCK.

The Minister of Justice,

J. H. VAN MAARSEVEEN.

Issued on the fourteenth of May 1948.

The Minister of Justice,

J. H. VAN MAARSEVEEN.