WKB Legal Alert |The impact of the COVID-19 pandemic on the ongoing functioning of cooperatives, associations, foundations and other entities – update
Practical guidelines developed on the basis of the provisions of the Act on special arrangements for the prevention, countering and combating of COVID-19, other infectious diseases and crisis situations caused by them (the “Anti-Crisis Shield”), which entered into force on 31 March 2020, the Act on special support instruments in connection with the spread of the SARS-CoV-2 virus (the “Shield 1.1”), which entered into force on 18 April 2020, the Act amending certain laws concerning protection measures in connection with the spread of the SARS-CoV-2 virus (the “Shield 3.0”), which entered into force on 16 May 2020, and the Act on interest subsidies for bank loans granted to entrepreneurs affected by COVID-19 and on simplified proceedings for the approval of an arrangement in connection with COVID-19 (the “Shield 4.0”), which entered into force on 24 June 2020.