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Law No. 67 Of 8 July 1992 On The Establishment Of A Deposit To The C.e.c., To Be Credited To The Construction Of Housing

Original Language Title:  LEGE nr. 67 din 8 iulie 1992 privind constituirea unui depozit în lei la C.E.C., în vederea creditării construcţiilor de locuinţe

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LEGE No. 67 of 8 July 1992 on the establishment of a deposit in lei at C.E.C., in order to credit the housing constructions
ISSUER PARLIAMENT
Published in OFFICIAL MONITOR NO. 166 of 17 July 1992



The Romanian Parliament adopts this law + Article 1 The government will constitute a deposit in the amount of 5 billion lei, for 15 years, at the Savings and Consemnations House, in order to credit the population for the housing constructions for which sale-purchase contracts were concluded. preliminary and the advance was submitted representing 10-30% of the value of the home, based on Decree-Law no. 61/1990, until 30 September 1991. The provisions of par. 1 benefits individuals who, together with their spouse and minor children, do not have another home in the property. + Article 2 The deposit is made from the amounts collected in the special account opened at the level of the economy from the share of 50% of the housing sales from the state housing fund until September 1, 1991, left unused at the end of 1991, with a 2% interest. + Article 3 The Ministry of Economy and Finance, together with the House of Savings and Consemnations, within the limit of the allocated deposit and the conditions provided in art. 1, as well as depending on the updated deviz prices and the number of apartments, will establish low-interest loan ceilings. + Article 4 The House of Savings and Consemnations will conclude, within the limits of the established ceilings, loan contracts with the beneficiaries, for a term of no more than 15 years, with an annual interest of 4%. Any amounts necessary for the beneficiaries of apartments up to the sale price of the apartments will be covered by them from their own funds or bank loans with current interest. + Article 5 The House of Savings and Consemnations will follow the repayment of the instalments at term and will refund the amounts collected for the reunification of the initially allocated fund. + Article 6 Within 30 days of the entry into force of this law, the Government will establish measures to apply its provisions. + Article 7 For people who have distribution, respectively they opted for the home, but did not obtain credits until September 30, 1991, the Government will identify the financial sources of coverage and propose to the Parliament the way of resolution. + Article 8 The provisions of this law are completed with those of Decree-Law no. 61/1990 on the sale of housing built from state funds to the population. This law was adopted by the Chamber of Deputies at its meeting on June 25, 1992, in compliance with the provisions of 74 74 para. (2) of the Romanian Constitution. CHAMBER OF DEPUTIES PRESIDENT MARTIAN DAN This law was adopted by the Senate at the meeting of June 29, 1992, in compliance with the provisions of art 74 74 para. (2) of the Romanian Constitution. SENATE PRESIDENT academician ALEXANDRU BIRLADEANU --------------