legal acts

id: 10236

Act on State Treasury Support for Financial Institutions
of 12 February 2009

(consolidated text: Journal of Laws Dz.U. 2023 item 776)

Art. 6.


5. Upon notification to a court, an arbitral tribunal or a body conducting administrative proceedings relating to transfer of a receivable to secure a guarantee referred to in Art. 6 (1) hereof, the State Treasury shall enter by virtue of law in place of the financial institution in civil, administrative and court-administrative proceedings and in proceedings before arbitral tribunals regarding the transferred receivables, without consent of the opposing party or a third person having a legal interest.


scroll up