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Law No. 634 Of 16 November 2001

Original Language Title:  LEGE nr. 634 din 16 noiembrie 2001

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LEGE no. 634 634 of 16 November 2001 for approval Government Ordinance no. 91/1998 on the coverage and return of the foreign exchange rate differences for the amounts in foreign currency deposited by the Romanian citizens to the account of the Romanian Foreign Trade Bank-S.A., according to the legislation in force, until December 31, 1989
ISSUER PARLIAMENT
Published in OFFICIAL MONITOR no. 749 749 of 23 November 2001



The Romanian Parliament adopts this law + Article UNIC Approval Government Ordinance no. 91 91 of 26 August 1998 on the coverage and return of the foreign exchange rate differences for the amounts in foreign currency deposited by the Romanian citizens to the account of the Romanian Foreign Trade Bank-S.A., according to the legislation in force, until December 31, 1989, issued pursuant to art. 1 1 section 14 lit. b) of Law no. 148/1998 on the empowerment of the Government to issue ordinances and published in the Official Gazette of Romania, Part I, no. 316 of 27 August 1998, with the following amendment: -In Article 2, paragraphs 1 and 4 shall read as follows: "" Art. 2. --(1) The amounts in lei representing the unfavorable exchange rate differences between 180 lei/dollar U.S., recorded in the accounting records of the companies in tourism on December 31, 1997, and the exchange rate at the date the entry into force of this ordinance shall be covered by the net profit of the Romanian Foreign Trade Bank-S.A. for the years 1997 and 1998, left after the payment of the corporate tax, and from the reserves of the bank existing on the date of entry into force of the ordinance ............................................................... (4) Incasing by depositors or by their direct heirs of the money rights shall be made on the basis of the application for restitution filed with the tourism company in whose accounting records appear. The refund application will be submitted within one year from the date of publication of the present ordinance in the Official Gazette of Romania, Part I. " This law was adopted by the Senate at the meeting of October 8, 2001, in compliance with the provisions of art 74 74 para. (2) of the Romanian Constitution. p. SENATE PRESIDENT, GHEORGHE BUZATU This law was adopted by the Chamber of Deputies at the meeting of October 15, 2001, in compliance with the provisions of 74 74 para. (2) of the Romanian Constitution. CHAMBER OF DEPUTIES PRESIDENT VALER DORNEANU ----------