MF SR provisions were published in the newspaper Finaneny spravodajca No. 15 and 16 regulating the list of accounts and accounting procedures for banks and also conditions in which the tax authorities may give relief from penalties, tax increases, sanctions and interest.

These provisions became valid from 1 January 1997.

The content of this article is intended to provide a general guide to the subject matter. It is therefore not a substitute for specialist advice.

For further information contact Ruth Clamp, Arthur Andersen Bratislava on tel: +42 7 5340 545, fax: 42 7 5340 542 or e:mail directly to ruth.a.clamp@ArthurAndersen.com or enter text search 'Arthur Andersen' and 'Business Monitor'.