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Announcement of the National Bank of Slovakia No. 593/2001 Coll. on issue of Decree stipulating prerequisites of an application for a prior approval pursuant to Sec. 28(1) of the Banking Act and amending and supplementing certain other acts
This Decree stipulates prerequisites of an application for granting a prior approval of NBS, including specification of the documents to be attached to the application for granting a prior approval of NBS
- (a)
- for acquisition of or exceeding the share in the registered capital of a bank or on voting rights in a bank of 5%, 10%, 20%, 33% or 50% in one or several operations directly or by a concurrent act,
- (b)
- for merger, amalgamation or split of a bank, including merger of another legal entity with a bank or for return of a banking license, as well as for decrease in the registered capital of a bank, unless the registered capital is decreased due to its set off against the loss,
- (c)
- for dissolution of a bank for other reason than mentioned under lett. (b) above or for change of its legal form,
- (d)
- for sale of an enterprise of a bank, a branch office of foreign bank or a part thereof,
- (e)
- for a bank to become a subsidiary of other mother company.
This Decree replaced the Decree of NBS No. 2/2001 stipulating prerequisites of an application for granting a prior approval and conditions for granting a prior approval for acquisition of or exceeding the share on the registered capital of a bank or voting rights, for merger, amalgamation, split or dissolution of a bank, for increase in or decrease in the registered capital of a bank unless the registered capital is decreased due to losses, for sale of a bank, a branch office of foreign bank or a part thereof and conditions for granting of such approval.
This Decree is effective from 1 January 2002.
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