National Bank Act (NBA)
English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.
Section 1 Repeal and Amendment of Existing Legisla
Art. 55
The existing legislation that is repealed or amended is listed in the Annex.
Section 2 Transitional Provisions
Art. 56 and 57
Repealed by Annex No 8 of the Financial Market Infrastructure Act of 19 June 2015, with effect from 1 Jan. 2016 (AS 2015 5339; BBl 2014 7483).
Art. 58 ...
1 Claims entered in the Federal Debt Register at the time of its abolition shall be converted into bonds of the respective issue by the Swiss National Bank, and shall be held in safekeeping free of charge for the last registered creditor. 2 Claims which are converted into bonds when this Act comes into force shall be entered in the balance sheet in accordance with the Act heretofore in effect. The bonds may be entered in the balance sheet by the last registered creditor at cost price. If the acquisition cost is higher than the redemption value, the difference must be written off at least in annual amounts distributed equally over the entire term. If the acquisition cost is lower, the difference may be settled in even annual payments at the most.
Art. 58 — Repealed by Annex No 8 of the Financial Market Infrastructure Act of 19 June 2015, with effect from 1 Jan. 2016 (AS 2015 5339; BBl 2014 7483).
Section 3 Referendum and Commencement
Art. 59
1 This Act is subject to the optional referendum. 2 The Federal Council shall decide on the commencement date. Commencement date: Annex No II 5 Article 4: 1 January 2005All other provisions: 1 May 2004
Para. 2 — FCD of 24 March 2004.