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Any exemption from liability granted by the institution to the person who has caused the loss shall not apply to the excess specified in sentence 2 no.

Context sentences for "Wiederaufbau"

The application must contain information on the exemption of certain members of the governing body or partners or shareholders from the insurance cover specified in subsection 1 sentence 2 no. If the confirmation from the insurance company is not submitted by 1 July or if it is submitted but incomplete, section 2 5 sentences 2, 3 and 6 shall apply mutatis mutandis subject to the proviso that a surcharge shall only be payable to the extent that it does not cause a higher contribution to be paid than if the application specified in sentence 1 had been disregarded.

If the application is filed after 1 July or the confirmation is not submitted by 15 August, the application shall be rejected. The compensation scheme must be notified without undue delay of any cancellation, termination, expiration or rescission of the insurance policy for any other reason or of any changes in the insurance policy that affect the conditions specified in subsection 1 sentence 2 or the exemption specified in subsection 1 sentence 3 no. If the insurance policy ceases to provide cover prior to the end of the following accounting year or if the insurance policy no longer meets the conditions specified in subsection 1 sentence 2, the compensation scheme shall reassess the annual contribution without the insurance discount.

The time limit specified in sentence 1 is mandatory. If members of the governing bodies have been excluded as representatives pursuant to subsection 1 sentence 2 no. The insurance discount shall amount to no more than 10 per cent of the agreed sum insured. After having been requested to do so by the compensation scheme, the institution shall provide it with the pertinent balance sheet without undue delay and within two weeks at the latest.

Once this period has elapsed, the required information may be provided or obtained by the compensation scheme in the form of a certification issued by an auditor or auditing firm. Calculations of the maximum total charge payable shall be based on the most recently approved annual accounts together with the audit report.

Section 2 3 sentence 4 shall apply mutatis mutandis. If the relevant documentation has not been submitted to the compensation scheme and the case concerned is not subject to the provisions of section 2 3 sentence 4, the compensation scheme shall, before collecting a special contribution or a special payment, request that the institution submit the most recently approved annual accounts together with the audit report within a time limit of four weeks.

If the institution fails to comply with the compensation scheme's request within this period, sentence 1 shall not apply. This shall also apply if the compensation scheme has obtained a credit line that has not been fully utilised and the remaining funding requirements can be promptly covered by special contributions. The contributions specified in sentences 1 and 2 can be collected in instalments pursuant to section 5a.

Section 5a Collection of special contributions in instalments 1 When deciding whether to collect special contributions in instalments pursuant to section 8 3 sentence 2 of the Deposit Guarantee and Investor Compensation Act, the compensation scheme must consider the probable duration of the compensation procedure especially in view of the number of investors and the complexity of the compensation procedure and any insolvency proceedings , the probable total amount and scope of the compensation within the meaning of section 8 3a sentences 3 and 4 of the Deposit Guarantee and Investor Compensation Act, the financial situation of the institutions obliged to pay contributions and the other funds likely to be available for the compensation event.

Wiederaufbau - Wiktionary

Irrespective of the compensation scheme's entitlement to collect special contributions and special payments in any one accounting year, special contributions shall be collected in instalments at intervals of no less than one year. The obligation to pay special contributions applies to all institutions that belonged to the compensation scheme at the beginning of the accounting year in which an instalment is collected. The amount of the special contribution to be paid by an institution shall be determined separately for each instalment pursuant to section 8 6 of the Deposit Guarantee and Investor Compensation Act.

This information shall include the funding requirements determined by the compensation scheme, the probable value of the total instalments to be paid by the institutions and the dates on which the contributions are intended to be collected. Full or partial exemption from the obligation to pay special contributions or make special payments pursuant to section 8 6 sentence 7 of the Deposit Guarantee and Investor Compensation Act shall only be granted at the request of the institution concerned.

The institution must apply for such exemption within the statutory objection period allowed for appeals against notifications of the respective special contribution or special payment and submit a certification issued by an auditor or an auditing firm confirming that the totality of the payments to be made to the compensation scheme in the relevant accounting year would jeopardise the institution's ability to meet its obligations to its creditors and would satisfy the necessary conditions for measures to be taken pursuant to section 46 1 sentence 1 of the Banking Act. The certification specified in sentence 2 may be submitted within a period of two months after the institution has received notification of the respective special contribution or special payment.

By way of derogation from sentence 1, the certification issued by auditors or auditing firms as specified in section 2 1 sentence 1 no. If the certification is submitted by no later than 31 December , the payment on account shall constitute the annual contribution. If the annual accounts pursuant to section 2 4 or the certification required pursuant to section 2 4 in conjunction with section 6 are not available by 31 December , the payment on account pursuant to section 2 5 sentence 1 shall be deemed to be the annual contribution.

Abbau und Wiederaufbau

In , the relevant deadline for application of section 2 2 shall be the 45th calendar day after promulgation of the First Amending Regulation instead of 1 July. In cases where an objection has been raised to notification of the annual contribution for and such notification is not legally valid, sections 1 and 2 as amended in the First Amending Regulation shall be applied for the first time to the annual contribution for In these cases, the relevant deadline for application of subsections 2 and 3 shall be the 45th calendar day after promulgation of the First Amending Regulation instead of 10 September or 31 December , respectively.

The Council is responsible for the reconstruction of the Balkans. Another approach envisions a more active, cooperative Iranian role in reconstructing Iraq. The fourth policy imperative is rebuilding. We want the reconstruction of Kosovo.

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Synonyms for "Wiederaufbau". Tell us what you think! Do you like the Langenscheidt online dictionary? What is your feedback about? The mistake was spotted only a couple of hours later and the agency's chief executive was informed, he said. The following Thursday, the company suspended three directors; they were fired on September 29, he said.

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The firing of the three directors was widely reported in Germany, with the tabloid Bild showing a picture of them with the headline, "Germany's dumbest bankers. Share this on:.

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