Loi du 23 avril 1951 modifiant et complétant la loi du 13 juillet 1949, concernant l'octroi de prêts à taux réduit en vue de la construction ou de l'acquisition d'habitations à bon marché. | http://data.legilux.public.lu/eli/etat/leg/loi/1951/04/23/n2/jo — Luxembourg law | Esheria

Loi du 23 avril 1951 modifiant et complétant la loi du 13 juillet 1949, concernant l'octroi de prêts à taux réduit en vue de la construction ou de l'acquisition d'habitations à bon marché.

This provision is the preamble to the law and records its formal adoption and enactment.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Luxembourg
Instrument
Act or statute
Citation
http://data.legilux.public.lu/eli/etat/leg/loi/1951/04/23/n2/jo
Status
In force
Version
Undated source snapshot
Language
fr
Updated
Official source
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acquisition banking rights construction construction grants housing finance loan amounts loan enforcement low-cost housing reduced-rate loans sanctions

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Statute overview

About this statute

This provision is the preamble to the law and records its formal adoption and enactment. The amount referred to in article 1 of the 13 July 1949 law is increased to 350 million francs, and it may be increased further by 50 million by an administrative regulation. A reduced-rate loan beneficiary must meet the conditions set by the construction-premium rules, and the loan funds may be used only for construction or purchase costs of the covered houses. The prior provisions of the 13 July 1949 law and the 4 August 1949 implementing order remain in force for the remainder. The sanction under Article 3 still applies even if incorrect data were given in good faith.