Translation of "Gesetzesbegründung" in English

That is clear from the explanatory memorandum with the introduction of the new Sanierungsklausel published by the German Parliament.

The explanatory memorandum does not refer to any objective within the meaning of the Environmental Aid Guidelines.

According to the explanatory memorandum, these are court fees, out-of-court costs and pre-trial cost.

This is also explicitly stated in the statement to the act.

However, the preamble explicitly refers to a "ripple effect" for other forms of organisation.

The explanatory memorandum to the draft law refers to the expansion of the IMF 's New Arrangements to Borrow ( NAB ) .

Although the explanatory memorandum to the Law extended the coverage to all ESCB-related tasks , it would be beneficial

This is clear from the explanatory memorandum to the law which introduced §8c(1) KStG and repealed §8(4) KStG [29].

While the explanatory memorandum indicates that the target company has to provide a reorganisation plan with a positive business outlook, there is no indication that such a plan would meet the requirements of the Rescue and Restructuring Guidelines, nor that the amount of the aid is limited to the minimum necessary.

OJ L 189 , 3.7.1998 , p. 42 . interest groups established by law , may set up a company that will operate as a « clearing house » , as it is referred to in the explanatory memorandum to the draft law , between financial institutions , i.e. borrow money from financial institutions and lend money against collateral and at a market rate to financial institutions .

According to the grounds of the Law, the primary reason for the transfer was to increase WestLB's own funds in order to enable it to comply with the stricter capital requirements entering into force on 30 June 1993.

It is clear from the documents — especially the relevant material on the Transfer Law, such as the grounds of the law and the minutes of the parliamentary debates — that the actual purpose of the transfer was to provide WestLB with the equity base needed to comply with the new solvency rules.

According to the explanatory memorandum to the Act, BayernLB's equity capital needed to be increased in order to guarantee the continued success of its business operations .

According to the explanatory memorandum to the Act, the guarantee was necessary to ensure the desired strengthening of the Landesbank's equity capital by preventing the special-purpose assets from being reduced by defaults on loans .

According to the justification for the law, a legitimate interest exists in particular if a link to prevention and combating of money laundering or related offences such as corruption and financing of terrorism is alleged in a comprehensible manner.

Instead, corresponding to its objective as expressed in the legislature’s statement of intention, it permits only information on individual IP addresses already known to the authorities (see Bundestag printed matter 16/6979, p. 46).

In this respect, the legislature’s reasoning demands a “mandatory retrospective parliamentary participation” (cf. BTDrucks 15/2742, p. 6) but does not address the question whether this also applies to deployments that are already over before parliamentary participation can be sought.

According to the BFH, this follows from the legal justification for the introduction of capital gains tax which is supposed to help taking into account all changes in value of capital assets as well as from effects which are similar to those occurring during a sale at a symbolic purchase price.

Applying the explanatory memorandum to the BilMoG analogously, a report on the main features of our internal control system (ICS) and risk management system (RMS) relating to the (consolidated) accounting process is included in MTU’s risk report so that the risk report presents a unified and integrated picture.

As mentioned in the explanatory report to the Act, the mere essence of the legal entities' criminal liability interferes with the continental model of criminal law principles, particularly with respect to the strictly individual character of the criminal liability (i.e. its perception as the natural entity liability).

The introduction of an electronic transparency register is a central tool for enhancing transparency in business transactions in order to reduce in particular "corporate structures which lack transparency" – as stated in the official justification for the new money-laundering act which came into effect on 26 June 2017.

The ongoing joint responsibility of the spouses for one another has also been cited in the reasoning for the Act as a reason why, despite termination of the economic relationship between the spouses by virtue of divorce, a divorced spouse can nonetheless be granted maintenance claims against the other spouse in certain cases of need.

The preamble to the act states that this stipulation is not creating a new management task, merely giving special emphasis to an existing obligation [see Romeike 2008, p. 6 and BT paper 13/9712, p. 15].

However, such processing must not infringe the right of the data subject for protectionof his or her personality or the right to privacy and, according to the explanatory memorandum, the processor must alsoconsider whether the processing operation is indeed necessary.