On 12 September, the Senate passed further Bills related to the New Civil Code. The Senate also passed the Bill on Insolvency (zákon o úpadku). The Bill amends the current Insolvency Act. The amendment should increase transparency of trustees in bankruptcy. The Bill should also motivate both trustees and debtor to actively solve debtor’s insolvency.

The Bill is heading to the President; the Bill should come into force in January, 2014.

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The Senate also passed the governmental proposal of the Bill on Renewable Energy Sources Support (zákon o podpoře obnovitelných zdrojů energie). The Bill limits financial subsidy of renewable energy sources. The subsidy stems partially from electricity consumers and partly from the state budget. Firstly, the Bill limits that only those power plants realized before December, 2015 may obtain financial subsidy. Secondly, the Bill also fixes the compulsory component of electricity price. Beside decreasing the financial burden on consumers, the aim of the Bill was to lower electricity costs for industry. The Bill also stipulates that financial subsidy must not be provided to energy producer with non-transparent structure of ownership (it requires recorded roll-shares into a register kept by the Central Depository (in accordance with the Act on Joint Stock Companies Transparency)). 
The Bill is heading to the President; it should come into force in January, 2014 (some provisions in July, 2014).
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