natgillin/translations-raw huggingface dataset:
By the same date, the buyer shall have transferred the same amount to the bank.
Do tog je datuma kupac dužan prenijeti taj isti iznos banci.
The payment date to the bank can correspond to the payment term agreed with the supplier or a date posterior to such date.
Datum plaćanja banci može odgovarati roku za plaćanje koji je dogovoren s dobavljačem ili se može raditi o kasnijem datumu.
The investigation found that the repayment date to the bank was in many instances posterior to the supplier payment date.
U ispitnom postupku utvrđeno je da je datum otplate banci u mnogim slučajevima bio nakon datuma plaćanja dobavljaču.
The payment delay was found to be in some cases 4 to 6 months after the due date of the invoice.
Utvrđeno je da je kašnjenje plaćanja ponekad bilo od četiri do šest mjeseci nakon datuma dospijeća fakture.
As a consequence, in addition to serving as a bank guarantee, this financial product in some instances also grants the buyer a longer term of payment, in the form of a de facto loan.
Zbog toga, uz to što služi kao bankovno jamstvo, taj financijski proizvod u nekim slučajevima kupcu omogućuje produljenje roka za plaćanje, u obliku de facto zajma.
The investigation found that generally the bank acceptances are issued within the framework of a bank acceptance agreement specifying the identity of the bank, suppliers and buyer, the obligations of the bank and buyer and detailing the value per supplier, term and guarantee supplied.
U ispitnom postupku utvrđeno je da se bankovni akcepti općenito izdaju u okviru sporazuma o bankovnim akceptima u kojem se navodi identitet banke, dobavljača i kupca, obveze banke i kupca te se detaljno navode vrijednosti po dobavljaču, rok i dostavljeno jamstvo.
Bank acceptances were usually issued on a monthly basis.
Bankovni akcepti obično su se izdavali na mjesečnoj osnovi.
As regards the banks, bank acceptance notes payables are recognized as liabilities to the bank acceptance holder and assets to the sampled exporting producers in their balance sheet.
U pogledu banaka, vrijednosnice bankovnih akcepata priznaju se kao obveze prema nositelju bankovnog akcepta i imovina prema proizvođačima izvoznicima u uzorku u njihovim bilancama.
Also, while some bank acceptances were covered by a credit line facility, it appeared that this is not a legal requirement under the Chinese law.
Isto tako, iako su neki bankovni akcepti bili obuhvaćeni kreditnom linijom, čini se da to ne zahtijeva kineskim zakonima.
The supplier of goods, in its quality of bearer of the issued bank acceptance, has the possibility to have the bank acceptance discounted by the issuing bank before the due date of the original invoice or wait for the due date and be paid in full, or use the bank acceptance as a means of payment for its liabilities towards other parties.
Dobavljač robe u svojstvu nositelja izdanog bankovnog akcepta ima mogućnost da banka izdavateljica diskontira bankovni akcept prije datuma dospijeća izvorne fakture ili čekati datum dospijeća kad mu se taj iznos isplaćuje u cijelosti ili iskoristiti bankovni akcept kao sredstvo plaćanja za svoje obveze prema drugim stranama.
Pending the agreement between buyer and seller, bank acceptances may be mentioned as a standard means of payment in purchase agreements together with other means such as remittance or money order.
Ovisno o dogovoru kupca i prodavatelja, bankovni akcepti mogu se navesti kao standardno sredstvo plaćanja u kupoprodajnim ugovorima zajedno s drugim sredstvima kao što je doznaka ili novčani nalog.
One sampled exporting producer provided comments during the course of the investigation and indicated that bank acceptances cannot be considered as loans on the grounds that loans require the act of borrowing, repaying and the payment of interest while bank acceptances involve a promise of repayment.
Jedan proizvođač izvoznik u uzorku dostavio je primjedbe tijekom ispitnog postupka i naveo da se bankovni akcepti ne mogu smatrati zajmovima na temelju toga što su za zajmove potrebni čin posuđivanja, otplaćivanje i plaćanje kamata dok se bankovni akcepti sastoje od obećanja otplate.
They further claimed that bank acceptances are a payment method not involving any direct transfer of fund.
Nadalje je tvrdio da su bankovni akcepti način plaćanja koji ne uključuje nikakav izravan prijenos sredstava.
On the same topic, another exporting producer repeated that there was no transfer of funds and claimed that its accounting records did not report bank acceptances as liabilities to the bank but as liabilities to the suppliers under notes payables.
Na istu je temu drugi proizvođač izvoznik ponovio da nije bilo prijenosa sredstava, tvrdeći da u njegovoj računovodstvenoj evidenciji bankovni akcepti nisu prikazani kao obveze prema banci, već kao obveze prema dobavljačima na temelju izdanih vrijednosnica.
The latter exporting producer also submitted that, in its particular case, the money transferred to the supplier had to be deposited before the due date of the bank acceptance and that the bank was withdrawing the money from its account on the due date of the bank acceptance for the onward payment to the suppliers as agreed with the relevant supplier.
Spomenuti proizvođač izvoznik također je naveo da je u njegovu konkretnom slučaju novac prenesen dobavljaču morao biti uplaćen prije datuma dospijeća bankovnog akcepta i da je banka povukla novac s njegova računa na datum dospijeća bankovnog akcepta radi daljnjeg plaćanja dobavljačima, kako je dogovoreno s predmetnim dobavljačem.
Additionally, it also indicated that it did not receive any benefit if the bank acceptance was discounted before the maturity date of the bank acceptance and that it has no knowledge whether the bank acceptance was indeed discounted.
Dodatno je naveo da nije ostvario nikakvu korist ako je bankovni akcept bio diskontiran prije svojeg datuma dospijeća te da nema saznanja o tome je li bankovni akcept doista bio diskontiran.
In this regard, it should first be noted that the CRCP recognises bank acceptances as liabilities towards banks at the same level as loans, letters of credit or trade financing.
U vezi s tim prvo bi trebalo napomenuti da kreditni referentni centar NBK-a priznaje bankovne akcepte kao obveze prema bankama koje su na istoj razini kao zajmovi, akreditivi ili financiranje trgovine.
It should also be noted that the CRCP is fed by the financial institutions which grant various types of loans and that such financial institutions have thus recognised bank acceptances as liabilities to them.
Vrijedi napomenuti i da sredstva kreditnog referentnog centra NBK-a potječu od financijskih institucija koje dodjeljuju različite vrste zajmova te da stoga te financijske institucije priznaju bankovne akcepte kao obveze.
Furthermore, the bank acceptance agreements collected during the investigation provide that, should the buyer not make the full payment on the expiry date of the bank acceptances, the bank would treat the amount unpaid as an overdue loan to the bank.
Nadalje, u sporazumima o bankovnim akceptima koji su prikupljeni tijekom ispitnog postupka predviđa se da banka, ako kupac ne izvrši isplatu u cijelosti na datum isteka bankovnog akcepta, prema neplaćenom iznosu postupa kao i prema nepodmirenom zajmu.
In addition, the Commission considered that the bank acceptances received by the buyer consist a transfer of fund as the bank acceptances are used as a means of payment at the same level as a money order; i.e. once the bank acceptance is handed out to the supplier, the corresponding invoice is considered to be paid by the company.
Usto, Komisija je smatrala da se bankovni akcepti koje je dobio kupac sastoje od prijenosa sredstava jer se bankovni akcepti koriste kao sredstvo plaćanja na istoj razini kao i novčani nalozi, tj. nakon što se bankovni akcept preda dobavljaču, smatra se da je društvo platilo odgovarajući račun.
This is also evidenced by the fact that upon remittance of the bank acceptance to the supplier, the buyer will normally, on the one hand, reduce its account payables to the supplier, and on the other hand, increase its notes payables bank liabilities for a corresponding amount.
Dokaz tomu je i činjenica da se nakon doznačivanja bankovnog akcepta dobavljaču s jedne strane obično smanjuju obveze kupca prema dobavljaču, a s druge se strane za odgovarajući iznos povećavaju obveze kupca prema banci.
In this context, it was also considered that the fact that such liabilities are recognised as notes payables to the suppliers and not to the banks in the accounting records of the company is irrelevant.
U tom se kontekstu također smatrala nebitnom činjenica da su navedene obveze u računovodstvenoj evidenciji društva priznate kao vrijednosnice izdane dobavljačima, a ne bankama.
In any case, the audited accounts did not present such liabilities as account payables to the suppliers but rather as notes payables without specifying the identity of the creditor.
U svakom slučaju, u revidiranim financijskim izvještajima te obveze nisu prikazane kao obveze prema dobavljačima, već kao vrijednosnice izdane dobavljačima bez navođenja identiteta vjerovnika.
As far as the money flows are concerned, the Commission considered that the comments submitted by the exporting producer concerned were contradictory in so far as, the exporting producer claimed that, on the one hand, it had to transfer its money before the due date of the bank acceptance to ensure the payment to the supplier from its account while,on the other hand it had no knowledge whether notes were discounted, and therefore when the payment was actually taking place.
Kad je riječ o novčanim tokovima, Komisija je smatrala da su primjedbe koje je dostavio predmetni proizvođač izvoznik bile proturječne utoliko što je on tvrdio da je, s jedne strane, morao prenijeti sredstva prije datuma dospijeća bankovnog akcepta kako bi osigurao plaćanje sa svojeg računa dobavljaču, dok s druge strane nije imao saznanja o tome jesu li zadužnice diskontirane i kada je plaćanje stvarno provedeno.
Moreoever, no evidence was provided by this party of actual anticipated transfers of funds to the bank.
Štoviše, ta strana nije dostavila dokaze o stvarnim očekivanim prijenosima sredstava banci.
On the basis of the above, these claims had to be rejected.
Na temelju navedenoga te su se tvrdnje morale odbaciti.
Another exporting producer reiterated that it had not received any benefit from the bank acceptance system because, in its case, no payment was made after the maturity date of the invoices or of the bank acceptance.
Drugi proizvođač izvoznik ponovio je da nije ostvario nikakvu korist od sustava bankovnih akcepata jer u njegovu slučaju nisu izvršena plaćanja nakon roka dospijeća računâ ili bankovnog akcepta.
On the same topic, several interested parties claimed that bank acceptances should not be regarded as loans on the grounds that they do not grant longer payment terms to its beneficiaries and claimed that the manner in which domestic law characterizes a certain instruments is not dispositive of its characterization under WTO law.
Na istu je temu nekoliko zainteresiranih strana tvrdilo da se bankovni akcepti ne bi trebali smatrati zajmovima zbog toga što svojim korisnicima ne omogućuju duže rokove plaćanja te da način na koji nacionalno pravo karakterizira određene instrumente nije relevantan za njihovu karakterizaciju na temelju prava WTO-a.
In this regard, while the investigation confirmed that in case of this exporting producer all payments were made within the due dates of the invoices or bank acceptances, it is recalled that the bank acceptance system provided all exporting producers a service - at a preferential rate which conferred a countervailable benefit as described in the recitals (323) to (342) below - whereby the liabilities to the suppliers were considered to be paid and transferred to liabilities to the banks which promised to pay the suppliers by the maturity of the bank acceptances.
U tom smislu, iako je ispitnim postupkom potvrđeno da su u slučaju navedenog proizvođača izvoznika sva plaćanja izvršena u roku dospijeća računa ili bankovnih akcepata, podsjeća se da je sustav bankovnih akcepata svim proizvođačima izvoznicima pružao uslugu – po povlaštenoj cijeni kojom je ostvarena korist protiv koje se mogu uvesti kompenzacijske mjere kako je opisano u uvodnim izjavama od 323. do 342. u nastavku – pri čemu se smatralo da su obveze prema dobavljačima plaćene i prenesene u obveze prema bankama, koje su obećale plaćanje dobavljačima do roka dospijeća bankovnih akcepata.
As far as the payment terms are concerned, the evidence available to the Commission shows that, for several exporting producers, the use of bank acceptances indeed effectively extended the payment term of the related invoices and that no interests were accounted for such de facto loans.
Kad je riječ o uvjetima plaćanja, dokazi dostupni Komisiji pokazuju da je u slučaju nekoliko proizvođača izvoznika zahvaljujući uporabi bankovnih akcepata doista produljen rok plaćanja povezanih računa i da na takve de facto zajmove nisu obračunane kamate.
Therefore, even though bank acceptances may allegedly not be intended to extend payment terms, the evidence at hand demonstrated the contrary.
Prema tome, iako se bankovni akcepti navodno ne smiju koristiti u svrhu produljenja rokova plaćanja, raspoloživi dokazi pokazali su suprotno.
In any case, the Commission considered that the fact that interests are not paid on bank acceptances extending the payment term of the seller, is another indication that the Chinese banking sector is distorted and provides preferential lending to certain key industries.
U svakom slučaju, Komisija je smatrala da je činjenica da prodavatelj ne plaća kamate na bankovne akcepte, koji produljuju rok plaćanja, dodatni pokazatelj da je stanje u kineskom bankovnom sektoru narušeno te da omogućuje povlaštene zajmove određenim ključnim industrijama.
On this basis, these claims had to be rejected.
Stoga su se te tvrdnje morale odbaciti.
Another interested party claimed that the basis for the calculation of the benefit should be reduced by the amount of the deposits that it made as a guarantee for the bank acceptances.
Druga zainteresirana strana tvrdila je da bi se osnova za izračun koristi trebala smanjiti za iznos depozita koje je strana uplatila kao jamstvo za bankovne akcepte.
In this regard, it should first be noted that it is common practice for banks to request guarantees from their clients when granting credit line facilities or loans.
U tom smislu prvo treba napomenuti da je uobičajena praksa da banke pri dodjeli kreditnih linija ili zajmova traže jamstva od svojih klijenata.
Reference is also made to recital (323) below which provides that borrowers in Canada need to have a credit line facility in order to obtain bank acceptances.
Upućuje se i na uvodnu izjavu 323. u nastavku u kojoj se navodi da zajmoprimci u Kanadi moraju imati na raspolaganju kreditnu liniju kako bi dobili bankovne akcepte.
On this basis, the rates charged on the Canadian market take into consideration the existence of such guarantees.
Na temelju toga, u stopama koje se naplaćuju na kanadskom tržištu uzima se u obzir postojanje takvih jamstava.
Furthermore, it should be noted that such guarantees are not used by the banks to pay the outstanding debts to suppliers but as a method to secure that the exporting producer will bear its financial responsibility vis-à-vis the bank.
Nadalje, treba napomenuti da banke ne upotrebljavaju takva jamstva za plaćanje nepodmirenih dugova dobavljačima, već kao metodu kojom osiguravaju da proizvođač izvoznik snosi svoju financijsku odgovornost prema banci.
The investigation also revealed that such guarantees are not systematically requested by Chinese banks and that they can take various forms including down payments or term deposits bearing interest.
Ispitnim je postupkom otkriveno i da kineske banke ne zahtijevaju sustavno takva jamstva te da se ona mogu pojavljivati u različitim oblicima, uključujući predujmove ili oročene depozite koji donose kamate.
Furthermore, the Commission also noted that the fee paid on bank acceptances is calculated on the basis of the face value of the bank acceptances, not an amount reduced by the amount of the guarantee.
Nadalje, Komisija je napomenula i da se naknada za bankovne akcepte izračunava na temelju nominalne vrijednosti bankovnih akcepata, a ne iznosa umanjenog za iznos jamstva.
Another interested party claimed that no benefit for the bank acceptance fee should have been calculated as a guarantee for the financial service provided by the Chinese banks on the grounds that banks do not need to fund the notes at their issuance or at their maturity since such payments are funded by the exporting producer in question unless it would become insolvent.
Druga zainteresirana strana tvrdila je da nije trebalo obračunati korist za naknadu za bankovne akcepte kao jamstvo za financijsku uslugu koju pružaju kineske banke, s obzirom na to da banke ne trebaju financirati zadužnice po njihovu izdavanju ili dospijeću jer ta plaćanja financira predmetni proizvođač izvoznik, osim u slučaju njegove nesolventnosti.
As a consequence, the banks would allegedly not run any financial risk as they only act as an intermediary.
Prema toj tvrdnji, banke se posljedično ne bi izlagale nikakvom financijskom riziku jer djeluju samo kao posrednici.
The same party also claimed that the terms of the contract provide for adequate financial guarantees for the banks.
Ista je strana tvrdila i da se uvjetima ugovora predviđaju odgovarajuća financijska jamstva za banke.
In this regard, reference is made to recital (310) which confirms that financial institutions recognise bank acceptances as loans and to recital (304) which provides that banks which engage in bank acceptance agreements make an unconditional pledge that they will pay a certain amount on a given date.
U tom se smislu upućuje na uvodnu izjavu 310. kojom se potvrđuje da financijske institucije priznaju bankovne akcepte kao zajmove te uvodnu izjavu 304. u kojoj se navodi da banke koje sklapaju ugovore o bankovnim akceptima preuzimaju bezuvjetnu obvezu da će na određeni datum isplatiti određeni iznos.
Furthermore, considering that bank acceptances may be discounted, banks should make sure that sufficient funds are available between the issuance and the maturity of the bank acceptance.
Nadalje, uzimajući u obzir da bankovni akcepti mogu biti diskontirani, banke bi trebale osigurati dostupnost dostatne količine sredstava između izdavanja i roka dospijeća bankovnog akcepta.
In this regard, it should also be noted that standard credit line facility contracts applicable in the PRC foresee that they can be used for various types of loans including bank acceptances thus confirming the need for the bank to have sufficient funds available.
U tom smislu također treba napomenuti da se standardnim ugovorima o kreditnim linijama koji se primjenjuju u NRK-u predviđa mogućnost njihova korištenja za različite vrste zajmova, uključujući bankovne akcepte, što ide u prilog zahtjevu da banke moraju raspolagati dostatnim sredstvima.
After analysis of the terms of the contracts between the financial institutions and the exporting producers, it was considered that they are inadequate in view of the involvement, unconditional obligations and the financial risk that financial institutions run when engaging in bank acceptance agreements.
Nakon analize uvjeta ugovorâ između financijskih institucija i proizvođačâ izvoznika smatralo ih se nezadovoljavajućima u pogledu uključenosti, bezuvjetnih obveza i financijskog rizika koji preuzimaju financijske institucije kada sklapaju ugovore o bankovnim akceptima.
Consequently the above claim had to be rejected.
Stoga se ta tvrdnja morala odbaciti.
As far as specificity is concerned, it was considered that, as mentioned in recital (106) and foreseen by the Light Industry Development Plan, the GOC foresees ‘a financial policy that supports the development of medium and small sized enterprises, further explore the financial channels of medium and small sized enterprises, perfect the credit guarantee system of medium and small sized enterprises’, the bank acceptances are another form of preferential support to encouraged industries such as the electric bicycle sector.
Kad je riječ o specifičnosti, smatralo se da kineska vlada, kako je navedeno u uvodnoj izjavi 106. i predviđeno Planom razvoja lake industrije, predviđa „provođenje financijske politike kojom se podupire razvoj srednjih i malih poduzeća, dodatno razmatranje mogućnosti financijskih kanala srednjih i malih poduzeća, usavršavanje sustava za kreditna jamstva malim i srednjim poduzećima”, pri čemu bankovni akcepti čine jedan oblik povlaštene potpore poticanim industrijama kao što je sektor električnih bicikala.
Furthermore, such form of support did not take into account the financial situation of the sampled exporting producers as all banks charged a flat fee, which, based on the information on the file, is lower than available international benchmarks and even lower than the premium charged to companies with a poor credit rating such as the sampled exporting producers (see recital (324)).
Nadalje, u okviru takvog oblika potpore u obzir nije uzeto financijsko stanje proizvođačâ izvoznika u uzorku s obzirom na to da su sve banke naplaćivale fiksnu stopu koja je, na temelju informacija u spisu, niža od dostupnih međunarodnih referentnih vrijednosti i čak niža od premija koje su naplaćivane društvima s lošim kreditnim rejtingom kao što su proizvođači izvoznici u uzorku (vidjeti uvodnu izjavu 324.).
Following disclosure, several interested parties repeated the claim made before disclosure that the bank acceptance note system is a generally available financing tool not limited to the electric bicycle industry.
Nakon objave nekoliko je zainteresiranih strana ponovilo tvrdnju iznesenu prije objave prema kojoj je sustav bankovnih akcepata opće dostupan instrument financiranja koji nije ograničen na industriju električnih bicikala.
Several interested parties also claimed that the Commission had to substantiate its determination of specificity on the basis of positive evidence.
Nekoliko zainteresiranih strana tvrdilo je i da je Komisija svoje utvrđivanje specifičnosti morala potkrijepiti na temelju pozitivnih dokaza.
In this regard, reference is made to recitals (195) to (202) and also more specifically to recital (319) which provide positive evidence concerning the specificity aspects of such preferential policy whereby such financial instrument is not generally available in such terms and therefore specific to a limited number of industries such as the electric bicycle.
U tom smislu upućuje se na uvodne izjave od 195. do 202., a posebno na uvodnu izjavu 319., u kojima su pruženi pozitivni dokazi o specifičnostima takve povlaštene politike, pri čemu navedeni financijski instrument nije općenito dostupan u takvim uvjetima i stoga je specifičan za ograničen broj industrija kao što je industrija električnih bicikala.
These claims had therefore to be rejected.
Te su se tvrdnje stoga morale odbaciti.
Calculation of the benefit
Izračun koristi
According to the information available, a bank acceptance system in the form as described in recitals (304) to (308) does not exist in the EU.
Prema dostupnim informacijama, sustav bankovnih akcepata, u obliku opisanom u uvodnim izjavama od 304. do 308., ne postoji u EU-u.
However, based on the information publicly available such form of credit is available in Canada where bank acceptances are used by corporate borrowers to meet their short-term funding requirements.
Međutim, na temelju javno dostupnih informacija, takav oblik kreditiranja dostupan je u Kanadi gdje korporativni zajmoprimci bankovne akcepte koriste kako bi zadovoljili svoje potrebe za kratkoročnim financiranjem.
Bank acceptances in Canada are normally used by companies which do not enjoy the highest credit rating.
Bankovne akcepte u Kanadi obično koriste društva koja nemaju najviši kreditni rejting.
In order to obtain such bank acceptances, borrowers need to have a credit line facility on which they will draw.
Kako bi se dobili takvi bankovni akcepti, zajmoprimci moraju imati kreditnu liniju iz koje će se povlačiti sredstva.