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Disaster Fund Act (KatFG 1996).

Country
Type of law
Legislation
Date of original text
Date of latest amendment
Source

Abstract
The Act objective is to establish a legal framework for financial assistance in the event of extraordinary damages, particularly in the agricultural sector due to adverse weather conditions. The Act operates within the broader context of disaster management and environmental protection, emphasizing the need for coordinated efforts between federal and state authorities to mitigate the impacts of such events. The text provides for the allocation of funds for extraordinary damages, with specific provisions for financial assistance up to 50 million euros for agricultural damages resulting from frost in 2016. The fund's resources are to be utilized in accordance with established guidelines, ensuring that only expenditures exceeding a defined threshold are eligible for reimbursement. The implementation of the Act involves a structured approach, with specific timelines for the disbursement of funds and the establishment of responsibilities among federal and state authorities. The Act consists of 8 Articles.
Long title of text
Federal Act on Measures for the Prevention and Elimination of Disaster Damage (Disaster Fund Act 1996).
Notes
Consolidated version of the Act as of 2024 (BGBl. I Nr. 126/2024).
Repealed
No
Publication reference
BGBl. Nr. 201/1996.
Source language

English

Legislation Amendment
No
Original title
Bundesgesetz über Maßnahmen zur Vorbeugung und Beseitigung von Katastrophenschäden (Katastrophenfondsgesetz 1996).