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Switzerland: Decree on the Legal Investigation of the Assets Deposited in Switzerland after the Advent of the National-Socialist Regime and Decree on the Special Fund for Needy Victims of the Holocaust*

Published online by Cambridge University Press:  18 May 2017

Abstract

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Type
Legislation and Regulations
Copyright
Copyright © American Society of International Law 1997

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Footnotes

*

[The Swiss Decree on the Legal Investigation of the Assets Deposited in Switzerland after the Advent of the National-Socialist Regime and Decree on the Special Fund for Needy Victims of the Holocaust were provided by Dr. Charles Poncet, Partner, Ziegler & Poncet, and KM Corresponding Editor for Switzerland. Footnotes 3 through 8 have been added by the translator. The Introductory Note was also prepared by Dr. Poncet. The assistance of Amy Shuster in preparing the English version is gratefully acknowledged. The Official French versions can be found at RS 984 and RS 611.042.

[On September 17, 1997, the first list of 12,000 names of survivors from 14 countries was delivered to Swiss authorities. Initial funds of $1000 per survivor are soon expected to be paid out by the distribution panel instituted by the Decree on the Special Fund.

[The Swiss Federal Banking Commission-Independent Committee of Eminent Persons-Swiss Bankers Association Statement on Comprehensive Claims Resolution Process For Dormant Accounts in Swiss Banks Dating from Prior to the End of World War II and Announcement on Claims Resolution Process appear at 36 I.L.M. 1379 (1997).]

References

1 FF 1996 IV 1171

2 FF 1996 IV 1190

3 Translator's note: the Federal Tribunal is the Supreme Court of Switzerland.

4 Translator's note: imprisonment means a maximum of three years.

5 Translator's Note: approximately 35,000.-- US$.

6 Translator's note: approximately 7,000.-- US$.

7 Translator's note: the Swiss Federal Council is the Government of Switzerland.

8 Translator's note: the text is just as convoluted and poorly drafted in French as the English translation.

9 One Member coming from elsewhere than Israel, one Member living in Israel and a third Member belonging to an organization of Holocaust survivors.