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Outstanding debt write off for services provided by Čistoća, Vodoopskrba i odvodnja Ltd. and GPZ Opskrba Ltd.

Outstanding debt write off for services provided by Čistoća, Vodoopskrba i odvodnja Ltd. and GPZ Opskrba Ltd.

Pursuant to Article 10, paragraph 1 of the Act on Natural Persons’ Debt Write Off (Official Gazette 62/2018) and the Decision on Natural Persons’ Debt Write Off reached by the City Assembly of the City of Zagreb at its 16th session held on 13 September, Zagreb Holding Ltd. – subsidiary Čistoća and associated companies Vodoopskrba i odvodnja Ltd. and Gradska plinara Zagreb - Opskrba Ltd., also adopted a decision on natural persons’ debt write off, as issued by the Government of the Republic of Croatia and the City Assembly of the City of Zagreb.

Debtors’ due debt for provided public services will be written off up to the maximum amount of HRK 10,000.00, which amount represents the sum of the principal amount and the cost, increased by any pertaining due interest, provided that enforcement procedure on a debtor’s bank account funds had already been initiated by the date of coming into force of this Decision.

Debtor’s debt is written off automatically as at the day this Decision comes into force, without the debtor being required to submit any application for write off. If a debtor owes a debt to said companies on the basis of enforcement title documents whose total amount exceeds the amount stated in the Decision, the debt will be written off in the order such enforcement title documents are recorded in the Register of Enforcement Titles kept by the Financial Agency, up to the amount stated in the Decision.

Zagreb Holding Ltd. – subsidiary Čistoća and associated companies Vodoopskrba i odvodnja Ltd. and Gradska plinara Zagreb - Opskrba Ltd. will notify the debtors on the write off within 60 days from such write off being carried out.