ARTICLE
11 March 1998

Czech News - December 1997 - Provision On Reimbursement Of The Loss Of Salary

Czech Republic Finance and Banking
A directive published under No. 318/1997 Coll. has increased the amount of the average net salary used to calculate reimbursement of the loss of salary sustained because of work disability due to a work accident or work illness. The directive comes into effect on the day of its declaration, i.e. 17 December 1997.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

For further information on the above, please contact Mr Richard Fletcher by telephone on +420 2 2440 1300 or E-mail directly to richard.g.fletcher@arthurandersen.com

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