The draft Act on the Financial Instrument for safety Enhancement (FIZB) provides for the creation of this Fund in the Bank of National Holding. It sets out the principles of FIZB’s operation and the principles of control and audit of the usage of the funds from the SAFE loan. The proposed bill introduces changes to banking law and the National taxation Administration Act. The provisions of the Public Finance Act concerning funds created or transferred to BGK on the basis of separate laws will be applied to FIZB.
