Legislation | Description of duty | §, para. | Form of fulfilment | Method of fulfilment | Frequency of performance (per year) | |
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Act No. 87/1995 Coll., on credit unions, as amended; and Decree No. 355/2020 Coll., on applications and certain information pursuant to the Act on Banks and the Act on Credit Unions (as amended by Decree No. 56/2023 Coll.) | Obligation of a credit union to obtain, as applicable: prior approval for 1. the conclusion of an agreement resulting in any disposition of the business establishment or any part thereof pursuant to Section 1(7) of the Credit Union Act, 2. a merger or division of a credit union pursuant to Section 13(7) of the Credit Union Act, 3. 6 in conjunction with Section 5a(3) of the Act on Credit Unions, 3. a decision of the members' meeting to reduce the amount of the basic membership deposit pursuant to Section 5a(3) of the Act on Credit Unions, 4. a decision of the members' meeting to dissolve the credit union pursuant to Section 5a(3) of the Act on Credit Unions. | form not prescribed | electronically: > data box | irregularly | ||
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