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Newsletter PRO BONO

The Čarnogurský ULC PRO BONO newsletter focuses on new laws and various other legal matters. It is published monthly and provided free of charge.

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Large enterprises

PROTECTION OF COMPETITION
The purpose of the Act. 136/2001 Coll. On Protection of Competition is the protection of competition against its restriction, as well as creating conditions for its further development for the benefit of consumers. The areas of protection include the area of economic unification of entepreneurs, namely concentration, which was the last amendment to the Act changed. We inform you further about this change in the whole article.
25.November 2011 All articles of this issue  
Amendment to the Act on Investment Aid
This amendment has introduced changes which are expected to increase the amount of investment into the Slovak Republic. It has cut by half the minimum investment necessary in order to obtain investment aid and has extended the maximum term for tax allowances that can be granted to investors to 10 years.
15.August 2011 All articles of this issue  
Act on Collective Investments
The Act on Collective Investments introduces new rules affecting collective investments, such as detailed regulation of pension fund management companies, establishment of sub-funds, complete cross-border performance of pension fund management companies, etc. These rules should ensure greater flexibility in the organisation and administration of funds and remove barriers to collective investments within the EU.
01.July 2011 All articles of this issue  
Amendment to the Commercial Code
The Amendment to the Commercial Code aims to decrease the amount of administrative work related to mergers, take-overs and splits of domestic and international joint-stock companies. The amendment simplifies the preparation and submission of merger reports, the reporting obligations of joint-stock companies, as well as the rights of shareholders to request copies of specific documents.
13.June 2011 All articles of this issue  
Amendment to the Act on Emission Quotas Trading
The Act on Emission Quotas Trading has been amended for several reasons, in particular due to the need to transpose Directive 2008/101/EC of the European Parliament and of the Council which aims to include the activities of the aviation industry into the greenhouse gas emission quotas trading system within the EU. The amendment reflects the coming into force of the Kyoto Protocol and also specifies measures concerning the reporting of the emission of greenhouse gases.
19.April 2011 All articles of this issue  
Support for renewable energy
Electric energy production from renewable sources is supported based on Act No. 309/2009 Coll. With respect to a significant decrease in such technologies' costs since the respective act was approved, further amendment of this act was required.
01.March 2011 All articles of this issue  
Changes to the duty to prepare a consolidated financial statement and consolidated annual report
Preparation of a consolidated financial statement and consolidated annual report is one of the duties stipulated by Act No. 431/2002 Coll. on Accounting. The most recent amendment to this act, in effect as of December 31, 2010, incorporated an exception to this duty. The ULC Čarnogurský PRO BONO newsletter provides you with further details concerning this exception.
24.January 2011 All articles of this issue