LawReal Estate & Land Welfare & Social Security

Holocaust Victims' Assets Law (Restitution to Heirs and Dedication for Purposes of Assistance and Commemoration), 5766-2006

חוק נכסים של נספי השואה (השבה ליורשים והקדשה למטרות סיוע והנצחה), תשס"ו-2006

Published: 2006-01-03Consolidated Hebrew text as of 2025-08-14 · Last amended 2024-08-14✓ Amendment status checked against the Knesset legislation record on 2026-09-29

Premium

Unofficial English translation — for reference only. It may contain errors or omissions and cannot be relied on as a legal text. Only the Hebrew text published in Reshumot is legally binding.More

This English text was translated from the official Hebrew using a range of translation tools, and it undergoes ongoing checks and updates. It is not a certified translation.

Despite these checks, it may contain errors, omissions, or imprecise renderings of legal terminology and cross-references, and it may not yet reflect the latest amendments. It cannot be relied upon as a legal text.

The Hebrew text as published in Reshumot (ספר החוקים) and on the Knesset website is the sole authoritative and legally binding version. In any discrepancy, the Hebrew text prevails.

This translation is provided for informational purposes only and does not constitute legal advice. For use in legal proceedings, request a certified Expert Legal Opinion.

First Schedule (Section 1)

Austria, Italy, Estonia, Belgium, the Soviet Union, Germany, Denmark, the Netherlands, Hungary, Yugoslavia, Greece, Libya, Luxembourg, Latvia, Lithuania, Norway, Slovakia, Poland, the Czech Republic, France, Romania, Tunisia.

Need to cite this law in a foreign court?

Eli Shimony Israeli Attorneys-at-Law provides certified Expert Legal Opinions on Israeli law within 24–48 hours, accepted by courts worldwide.

Second Schedule (Section 16)

1.§

The Forum of Organisations for the Restitution of Holocaust Victims' Property Association.

Need to cite this law in a foreign court?

Eli Shimony Israeli Attorneys-at-Law provides certified Expert Legal Opinions on Israeli law within 24–48 hours, accepted by courts worldwide.

Third Schedule (Section 65)

1.§

The following provisions of the Government Companies Law, 5735-1975 shall apply to the Company: sections 2, 3, 10, 11, 13(a), 16a, 17(a) and (b), 17a, 18(b) and (c), 18a, 18b, 18c(a) and (b), 19 to 21, 22(a)(1) to (6), 23, 24(b), 25 to 29, 30 to 32, 33(a) to (b) and (d), 33a to 33d, 34(a), (a1), (b) and (c), 35, 36, 37(a) to (c), 38 to 41, 42 except for paragraphs (2) and (5a) of subsection (a), 43 to 49, 50(b), 54, 55, 60, 64 to 68 and 71, as if it were a government company; however:

(1)for the purpose of section 10 of the Government Companies Law, the allocation of a budget to the Company from the State budget as referred to in sections 54(c)(3) and 55 shall not be regarded as an investment;

(2)for the purpose of section 11(a) of the Government Companies Law, the Company shall not be entitled to perform the acts listed in paragraphs (1), (4) to (7), (9) and (9b) or to undertake to perform them as referred to in paragraph (11) of that section, and furthermore, notwithstanding the provisions of paragraph (8) of that section, it shall not be possible to merge the Company with another company or to resolve to wind it up voluntarily, except in accordance with the provisions of this Law; for this purpose, the transfer of shares that are an asset of a Holocaust victim to the Company in accordance with the provisions of this Law shall not be regarded as an acquisition of shares as referred to in paragraph (9) of that section;

(3)for the purpose of sections 18(b), 18a(b), 22(a)(1) to (6), 23, 25, 26(a), 35(a) and 37(a) of the Government Companies Law, the Appointing Committee shall replace the Ministers;

(4)for the purpose of section 20 of the Government Companies Law, the Minister shall replace the Ministers, the reporting shall also be made to the Appointing Committee and the duty to report under subsection (a) shall apply to the board of directors and not to a director;

(5)for the purpose of section 26(b) –

(a)in the opening passage, the Appointing Committee, the Chairperson of the Appointing Committee or two members of the Appointing Committee shall replace the Ministers;

(b)in the closing passage, the Appointing Committee shall replace the Ministers;

(6)in section 27(b) of the Government Companies Law, in place of the closing passage beginning with the word "to send", it shall read: if it considers there to be a special need and with the consent of the Appointing Committee, to send a representative to a meeting who shall be entitled to participate therein, provided that such representative shall not be counted towards the quorum and shall have no voting right;

(7)for the purpose of section 28 of the Government Companies Law, a director appointed by the Appointing Committee on the recommendation of the Minister shall replace a director on behalf of the State, and notwithstanding the provisions of the closing passage of that section, it shall not be possible to derogate in the articles of association from the provisions of that section;

(8)for the purpose of section 30(a) of the Government Companies Law, in place of "to the company" it shall read "to all government companies or to a particular type of government company";

(9)for the purpose of section 32(a) of the Government Companies Law –

(a)in paragraph (4), the approval of the Authority shall replace the approval of the Government;

(b)in paragraph (8), the Appointing Committee, the Chairperson of the Appointing Committee or two members of the Appointing Committee shall replace the Ministers;

(10)for the purpose of section 33(b) of the Government Companies Law, imposing on the Company an obligation to prepare a report that does not apply to all government companies or to a particular type of government company shall require the consent of the Minister;

(11)for the purpose of section 33d(b) of the Government Companies Law –

(a)the Chairperson of the board of directors, a director or the general manager shall not be removed from their position if the Appointing Committee objects thereto, and the Appointing Committee shall be responsible for transmitting to the Authority the reports referred to in section 33(a) of the Government Companies Law;

(b)for the purpose of paragraph (2) of that subsection, the Government shall not be entitled to remove the general manager from their position;

(12)for the purpose of section 34(a) of the Government Companies Law, documents that the Chairperson of the board of directors is required to submit shall also be submitted to the Appointing Committee;

(13)for the purpose of section 37(a) of the Government Companies Law, the closing passage shall not apply;

(14)for the purpose of section 42 of the Government Companies Law, the Appointing Committee, including after an approach from the Authority, shall also be entitled to remove the general manager from office;

(15)for the purpose of sections 44(a) and 47(a) of the Government Companies Law, the Authority's response to a request for approval of the appointment of the auditor or the legal adviser, as the case may be, shall be given within 30 days of the date of receipt of the information relating to the appointment;

(16)for the purpose of sections 45 and 67 of the Government Companies Law, the Appointing Committee shall be added in addition to the Ministers.

Need to cite this law in a foreign court?

Eli Shimony Israeli Attorneys-at-Law provides certified Expert Legal Opinions on Israeli law within 24–48 hours, accepted by courts worldwide.

Fourth Schedule (Sections 67c(a)(2) and 68d(b))

1.§

A search in the Yad Vashem database;

2.§

A search in the Beit Hatfutsot database;

3.§

An approach to State authorities that may hold information that could assist in tracing the holders of rights in the asset;

4.§

A search on the Jewish genealogy website www.jewishgen.org;

5.§

A search on the general genealogical research website www.ancestry.com;

6.§

A search in the database of the Holocaust Museum in Washington, www.ushmm.org;

7.§

A search in the database of the International Tracing Service (ITS-Arolsen), in Germany;

8.§

A search in the population registry archive of the town of origin of the holder of rights in the asset.

Need to cite this law in a foreign court?

Eli Shimony Israeli Attorneys-at-Law provides certified Expert Legal Opinions on Israeli law within 24–48 hours, accepted by courts worldwide.

← Prev 1…8 9→

Page 9 of 9

Read the entire law on one page — continuous text, no page breaks, plus PDF downloads.