Index Fichier unique

Art. 6701B. Annual report / II. Valuation, revaluation
Art. 671a1C. Reserves / I. Legal reserves / 2. Reserve for own shares

Art. 6711C. Reserves / I. Legal reserves / 1. General reserve

C. Reserves

I. Legal reserves

1. General reserve

1 Five per cent of the annual profit must be allocated to the general reserve until this equals 20 per cent of the paid-up share capital.

2 Even after it has reached the statutory level, the following must be allocated to the general reserve:

any share issue proceeds in excess of the nominal value remaining after the issue costs have been met, unless used to fund write-downs or for staff welfare purposes;
any amount remaining from sums paid in on forfeited shares after any shortfall on the shares issued in return has been met;
ten per cent of the amounts distributed as the share in the profit above and beyond payment of a divaidend of 5 per cent.

3 To the extent it does not exceed one-half of the share capital, the general reserve may be used only to cover losses or for measures designed to sustain the company through difficult times, to prevent unemployment or to mitigate its consequences.

4 The provisions in para. 2 number 3 and paragraph 3 do not apply to companies whose primary purpose is to hold equity participations in other companies (holding companies).

5 ...2

6 ...3

1 Amended by No I of the FA of 4 Oct. 1991, in force since 1 July 1992 (AS 1992 733; BBl 1983 II 745).
2 Repealed by No II 2 of the FA of 20 March 2009 on Rail Reform 2, with effect from 1 Jan. 2010 (AS 2009 5597 5629; BBl 2005 2415, 2007 2681).
3 Repealed by Annex No II 1 of the Insurance Oversight Act of 17 Dec. 2004, with effect from 1 Jan. 2006 (AS 2005 5269; BBl 2003 3789).

Index Fichier unique

Art. 666 et 6671
Art. 6691

Art. 6681

1 Abrogé par le ch. I de la LF du 4 oct. 1991, avec effet au 1er juil. 1992 (RO 1992 733; FF 1983 II 757).

Ceci n'est pas une publication officielle. Seule la publication opérée par la Chancellerie fédérale fait foi. Ordonnance sur les publications officielles, OPubl. (2009-2021) - A propos
Page générée le: 2021-01-16T19:47:57
A partir de:
Script écrit en Powered by Perl