Legislator Case Law & Legislation
VakO 18.1.1978/4384:77 AI generated

Insurance court ruled state compensation for stolen funds must be treated as property damage under the Criminal Damage Act.

Case Number VakO 18.1.1978/4384:77
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Allowed / Granted

Legislator summary

AI generated

The First Chamber of the Insurance Court ruled that damages arising from the misappropriation of funds must be classified as property damage under the Act on Compensation for Damage Caused by Crime from State Funds. The applicant argued for this classification to secure state compensation, while the opposing party likely contested the nature of the loss. The court accepted the applicant's position, establishing that such financial losses fall within the statutory definition of property damage.

Legislator headnote

AI generated

Act on Compensation for Damage Caused by Crime from State Funds; damages resulting from the misappropriation of funds constitute property damage under the Act.

Keywords

AI generated
state compensation property damage criminal damage misappropriation of funds insurance court ruling

Cited Legislation

AI generated
Act on Compensation for Damage Caused by Crime from State Funds
AI generated

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Full text

Rahojen anastuksesta aiheutunutta vahinkoa oli pidettävä rikosvahinkojen korvaamisesta valtion varoista annetussa laissa tarkoitettuna esinevahinkona. I-jaosto