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Parliament Fails to Approve Use of Building Savings to Pay Tuition
News » Parliament Fails to Approve Use of Building Savings to Pay Tuition
The Lower House failed to pass a draft law that would allow money from building saving to be used to finance tuition at high schools and universities. The Lower House was two votes short to outvote a previous rejection of the law by the Senate.
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We are your adviser in the world of building savings.
The Association of Czech Building Societies in the Czech Republic (ACSS) comprises five building savings banks. It was founded on June 29, 2000, with the aim of supporting the joint interests of the building savings banks operating in the Czech Republic. It thus continued a long-term informal co-operation among the financial institutions.
You can get more information about the ACSS here.
NOT TO OMIT
ACSS advises: Home-building savings contracts signed in 2003 remain in full force and effect regardless of the expiration of the five-year saving phase. You can read more here.





