Ordinance
on Forest
(Forest Ordinance, ForO)

English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.

of 30 November 1992 (Status as of 1 July 2021)


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Art. 64 Term, repayment, recovery

(Art. 40 ForA)

1 In­vest­ment cred­its shall be re­pay­able over a peri­od of not ex­ceed­ing 20 years.

2 The re­pay­ment in­stal­ments are de­term­ined ac­cord­ing to the nature of the meas­ure and the fin­an­cial cir­cum­stances of the bor­row­er.

3 Re­pay­ment be­gins:

a.
for in­vest­ments un­der Art­icle 63 para­graph 1 let­ters a and b, one year after com­ple­tion of the pro­ject, but no more than five years after pay­ment of the first in­stal­ment of the cred­it;
b.
for oth­er in­vest­ments, in the year fol­low­ing that in which the cred­it is paid.

4 The bor­row­er may re­pay all or part of the cred­it without no­tice at any time.

5 ...92

6 In­terest of 5 per cent shall be charged on ar­rears of cred­its or re­pay­ment in­stal­ments.

92 Re­pealed by No I 21 of the O of 7 Nov. 2007 on the New Sys­tem of Fin­an­cial Equal­isa­tion and Di­vi­sion of Tasks between the Con­fed­er­a­tion and the Can­tons, with ef­fect from 1 Jan. 2008 (AS 2007 5823).

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