The Norwegian Banks' Guarantee Fund
All banks with head office in Norway, and subsidiaries of foreign banks shall according to the law be members of The Norwegian Banks’ Guarantee Fund.
2 million NOK
The Guarantee Fund is an important element of the security net within the banking sector. The main task of the Norwegian Banks’ Guarantee Fund is to cover deposits in member banks. The law states that deposits in a bank are absolutely guaranteed up to a total amount of 2 million NOK.
As of 1. july 2004 the Commercial Banks' Guarantee Fund and the Savings Banks Guarantee Fund were merged into one fund, the Norwegian Banks' Guarantee Fund.
The Act on guarantee Fund and The Statutes, approved by the Minister of Finance lays down the rules of The Commercial Banks’ Guarantee Fund. The amendment to the law are not yet available in English.
The General Meeting is the highest authority of the Guarantee fund. Managing director of the fund is Arne Hyttnes, head of the The Norwegian Savings Banks Association.
Sparebankenes Hus
Manager, Secretary to the board,
Asset Management and Department for Analysis:
Universitetsgt. 8
Postboks 6805, St. Olavsplass
0130 Oslo
Tlf. 22 11 00 75
Fax 22 11 07 69
Web Editor: Ann Håkonsen
Friday, March 14, 2008
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1 comment:
Residential Tenancies Act, 2006
S.O. 2006,
Receipt for payment
109. (1) A landlord shall provide free of charge to a tenant or former tenant, on request, a receipt for the payment of any rent, rent deposit, arrears of rent or any other amount paid to the landlord. 2006, c. 17, s.
Date: __________ 2008
To: Toronto Community Housing Corporation
Community Housing Unit 11
15 Scadding Avenue,
Toronto, M5A 4E9
From: ..., market rent tenant in apt. ...., Toronto,....
Subject: REQUEST FOR RECEIPTS FOR PAYMENT OF RENT.
Dear Toronto Community Housing Corporation agent,
This is an official request from a tenant(...) to the landlord(Toronto Community Housing
Corporation) - to provide within 14 calendar days receipts for the payment of any rent, rent deposit, or any
other amount paid to the landlord for the rental unit (Apt. .
...) since the start of the
current tenancy on November 1st, 1999 until present time.
Sincerely,
______________________
Toronto,
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