The Chamber supported the improvement of building savings control

Prague - An amendment to the Building Savings Act, which was supported by the Chamber of Deputies in today's introductory round, should improve the Ministry of Finance’s control over compliance with the conditions for providing state support for building savings and include registered partners among close persons. The proposal is now heading for review by the Budget Committee.

According to the Ministry, including registered partners among close persons should eliminate their unjust discrimination. "There is no reason for registered partnerships to be viewed differently for the purposes of financing the housing needs of close persons than is the case with marriage," stated the office.

The adjustment of audits is intended to facilitate their implementation by clarifying the Ministry of Finance’s ability to require information from building savings banks. The Ministry will also be able to obtain birth and death data from the Ministry of the Interior.

Furthermore, the amendment introduces a new administrative offense in cases where a building savings bank provides bridging or ordinary loans for a purpose other than covering housing needs expenses. The proposal changes the deadlines for returning state support when the entitlement to it has expired. The amount of state support remains at the current level.