Subscribe to a Global-Regulation Premium Membership Today!

Buenos Aires, January 10, 1947

WHY:

The Senate and Chamber of Deputies of the Argentine Nation, meeting in Congress, etc., sanction with force

I. GENERAL ADMINISTRATION

Article 1. - Note the General Administration's expenditure budget for the year 1947, to cover with general incomes, in the sum of two thousand five hundred and twenty-three million six hundred fifty and two thousand one hundred twelve pesos national currency ($2,523,152 m/n.) according to the following distribution, the details of which are shown in annexed tables:

(1) Deduced m$n. 2,000.000 of investment economy.

(2) Deduced m$n. 7,000.000 of investment economy.

Art. 2°. - Stimulate the general income resources for the exercise of 1947, in the sum of (m$ 2,523,800.000) two thousand five hundred and twenty-three million eight hundred thousand national currency, according to the following summary whose detail appears in annexed tables:

Art. 3. - Please note the budgets of the Autonomous Shares for the year 1947 that will be met with their own resources and the contributions of the State, in the amounts set out below, in accordance with the detail contained in annexed tables:

III. - AGROPULAR FOMENT

IV. - INDUSTRIAL ORGANIZATIONS

V. - ARTWORKS AND PUBLIC SERVICES

VI. - UNIVERSITY AND CULTURE

(1) - Deducted m$n. 1,595,900 for miscellaneous contributions.

(2) - The provision of this division is not added because its budget is funded by the contributions contained in the budgets of the General Directorate of Electrical Powers of the State, General Directorate of State Gas and General Directorate of Mineral Fuels.

(3) - Deducted m$n. 16,555,579 of savings to be realized in all services.

Article 4. - Dismiss the resources of the Autonomous Shares for the exercise of 1947, including the contributions of the State, in the amounts set out below, in accordance with the detail contained in annexed tables:

(1) The resources of the National Directorate of Energy are not added to this table for the resource calculations of the following divisions: General Directorate of Electrical Power Plants of the state m$n. 400.000; General Directorate of State Gas m$n. 100,000 and General Directorate of Mineral Fuels M$n. 406.660.

Art. 5°. - Note the budgets of auxiliary services for the exercise of 1947 of the General Administration of the ferries of the Shield and National Administration of the Water, in the sums of (m$n. 152,205,410) one hundred fifty and two million two hundred fifteen thousand four hundred ten pesos national currency and (m$n. 40,178,338) forty million one hundred seventy and eight thousand three hundred thirty and eight pesos national currency, respectively

The costs referred to in this article shall be covered by the amounts provided for in the respective operating budgets and in the works (Public Work) headings to the extent of their use.

Art. 6th. - In the sum of (m$n. 22,430.000) twenty-two million four hundred thirty thousand pesos national currency, the investment in the year 1947 in works to be attended by resources from the Renewal Fund constituted by the General Administration of the State Railways, according to the distribution approved by the Executive Power.

Art. 7°. - In the sum of (m$n. 100,000.000) one hundred million national currency, the resources of the National Energy Fund, which will be affected to the fulfilment of the purposes of the creation of the National Energy Directorate, in accordance with the distribution that the Executive Power determines of that amount. Of the above amount (m$ 17.033.631) seventeen million thirty-three thousand six hundred thirty-six hundred thirty-one national currency, will be allocated for the financing of the expenditure budget of the General Directorate of Mineral Fuels for the present period.

Art. 8°. - In the sum of (m$n. 4.016.442) four million sixteen thousand four hundred forty-two pesos national currency, the availability as at 31 December 1947 of the "Booking Fund" of the National Learning and Professional Guidance Commission, an amount that can be applied to the attention of the foundation and installation expenses or new establishments or institutions not provided for in the regular budget of the Treasury approved by the Ministry.

III. ! EXPENDITURE AT THE PRODUCT OF THE NEGOTIATION OF TITULES.

Art. 9°. - Note the expenses of the National Administration, for the year 1947, to cover with the production of the negotiation of titles of the National Public Debt, in the sum (m$n. 790.466.064,97) seven hundred ninety million four hundred sixty-six thousand sixty-six thousand and four pesos with ninety-seven cents national currency, according to the detail below:

Article 10. - Authorize the Executive to issue Public Debt Titles in sufficient quantity to meet the following needs:

The figures indicated above constitute the maximum amount to be delivered for the purposes established in each case. The use of the provisions referred to in Chapter II of this Article - Obras and Acquisitions - is subject to their prior inclusion in the plans by the Ministers of Public Works, War or Marina, as it is jurisdictionally appropriate in the case of works or investments by the civil or military authority.

Cancel the unaffected balance as at 31/12/1946 of the credit for (m$n. 10,000.000) ten million pesos national currency granted by Decree No. 16.065/13 dated 6/12/1943, for the organization and preparation of the Territorial Defense of the Nation.

Article 11. - Authorize the Executive Power to issue titles of the Public Debt in the sufficient amount to attend to the cancellation of the expenses incurred by the General Administration in the army of 1946, pending payment for having used expired exercise, provided that they have previously been in each case liquidated and recorded by the National Account.

Expenditures under the above-mentioned conditions, which have been incurred without credit in the respective budget line, or which have been exceeded the corresponding provision, shall be settled by the General Account of the Nation, upon a decree of recognition of the lawful bond, without prejudice to the responsibility set out in article 1 of Act No. 11.762.

Payment Orders which are released pursuant to this article shall specify, in addition to the requirements established by the Accounting Act, the year of expenditure. The General Account of the Nation shall record the expenses accruing to them by exercise and Annex to which they correspond, according to the structure of the General Budget of the respective year.

IV. - RESOURCES PROVISIONS

Art. 12. - The executive branch is authorized to enter General Rents to the sum of ($ 620,0000,000) six hundred and twenty million pesos national currency of the Exchange Benefit Fund.

Domestic distributions

Art. 13. - The Executive Power will hand over General Income to the Fluvial Transport Administration during the current year as a loan and under the conditions determined by Article 7 of Decree No. 9.906/15 of 4 May 1945, up to the sum of (m$n. 1,000,700) a million seven hundred national currency, in which the operating deficit of the service has been estimated. The sum indicated above shall be delivered to the aforementioned Distribution to the extent and quantity required.

Art. 14. - Note in the amount of up to ($n. 8,700,775) eight million seven hundred thousand seventy-five pesos national currency the contribution that for the financing of the cost budget of the National Institute of Social Security will have to contribute from their own resources the different Sections that make up it, according to the following detail:

V. - PROVISIONS UNDER THE EXECUTION OF THE GENERAL BUDGET

Art. 15. - Authorize the Executive Branch, by decree issued with the intervention of the Ministry of Finance and in the presence of duly justified reasons, to make compensations between the provisions of the General Budget, provided that the total authorized for the "Sueldos y Jornales" and "Other Expenditures", respectively, is not altered and the staff plant is not increased.

Art. 16. - Replace Article 106 of Law No. 11.672 (Edition 1943) with the following: "When by regulatory movement of the military personnel of the Annexes corresponding to the Ministry of War and the Secretariat of Aeronautics, they occur surplus among the staff established by the distribution of Subparagraph 1, the executive branch is authorized to cover such surpluses with the other headings.

Art. 17. - The remaining funds that fall under the different headings of Annex 10 (Aeronautics Secretariat) at the end of the year shall be deposited in the Central Bank of the Argentine Republic, to constitute a permanent fund for aeronautical constructions and acquisitions, whose fate shall be disposed of by the Executive Power in accordance with the plan that it establishes, giving the corresponding intervention to the National Account. The annual fund balances will be transferred to the following year under the same heading. Of the leftovers mentioned at the beginning of the previous paragraph, those from vacant civilian jobs of the Aeronautics Secretariat, as well as those who may be engaged in unpaid debts at the end of the year, will be deducted.

Art. 18. - Authorize the National Council of Education so that from the teaching staff of the Schools, it affects up to 900 positions for teachers who, keeping their moral and intellectual abilities and counting on a minimum of 10 years of continuous service, are declared Assistant Teachers in accordance with the provisions in force for being temporary or definitively in a state of physical incapacity for the exercise of active teaching.

Art. 19. - The 36,614 grade teachers ' positions detailed in Article 1 of the " Teachers " Item shall be distributed among the schools of the Capital, Provinces and Territories in the following proportion:

Authorize the Executive Branch to amend the number of positions established for each Province, Territories, National Colonies or Home Schools without the needs of education by a contract decree issued by the Ministry of Justice and Public Instruction.

Domestic distributions

Art. 20. - The budget of expenditure and calculation of resources for 1947, approved for "Reconstruction of Saint John" will be applied until then, once the "Consejo de Reconstrucción de San Juan" was formed, created by Law No. 12,865, it will be incorporated into the heritage of that agency and assigned the respective budget.

Art. 21. - The National Corporation for the Production of the Vegetal Rubber will limit investments to be made from the budget approved by this Law, to the availability of resources from the credit balance by (m$n. 3,500,000) three million five hundred thousand national currency, agreed by the Bank of the Argentine Nation, until the H. National Congress establishes the comprehensive plan of action to develop in the future by the Distribution and agreement with the necessary resources.

Art. 22. - The special grants or contributions agreed in the General Budget of the Nation to the National Universities shall be redeployed by the respective Higher Councils within the totals allocated to each Faculty, and upon the proposal of its Boards of Directors.

VI. - DIVERSAL PROVISIONS

Art. 23. - Authorize the executive branch to invest up to the sum of (m$ 20.000.000) twenty million pesos national currency in the granting of loans to sports entities, which will be agreed in accordance with the regulation dictated by the executive branch, in order to finance the construction of stadiums, fields and facilities for sports. The loans shall be granted, upon advice of the Commission established by article 29 of Act No. 12,315, in cash, for periods of up to one hundred years, accruing an interest not less than two and a half (21/2%) per cent per year. Constructions should be erected on land owned by the benefited institutions, which should be affected by mortgage in favour of the National Government until the cancellation of the relevant loan. - The Executive Power is authorized to carry out the credit operations it deems appropriate to comply with the provisions of this Article.

Art. 24. - The Executive Power shall have the transfer to Act No. 12,737 of the balances of the credits included in Act No. 12,815 - Subparagraph 6 "A" - Works by the Ministry of War. These works shall be governed by the provisions of Act No. 12.737 and the management and redistribution of the transferred balances shall be made in accordance with article 9 of the same.

Art. 25. - Approve the procedure followed by the Executive Branch by Decree No. 7,688, dated August 22, 1946 to cancel the liability for (m$ 2,497,022,15) two million four hundred ninety-seven thousand twenty-two pesos with forty-five cents national currency of the Military Sastrery existing as at July 31, 1946, and leave without effect the character of advance agreed to the sum mentioned.

Art. 26. - Replace article 20 of Law 11.672 (edit 1943) with the following: "The salaries of diplomatic, consular, administrative, naval and aeronautical personnel, who provide services abroad, shall be uniformly settled for each country in accordance with the following rules: the salary fixed by the budget shall be applied to a coefficient that shall vary between one (1) and four (4) and the amount resulting in official currency exchange shall be rotated. - This coefficient shall be fixed on a regular basis, in accordance with the regulations approved by the Executive Branch, taking into account the cost of living of each country and as permanent or transitional staff. The same coefficient will apply to office, rental, representation and road costs set out in the respective budgets.

Art. 27. - By virtue of the numerical individualization of the various Annexes that form an integral part of this Law, and for the clarification of the existing provisions which alphabetically state the Annexes to which they relate, establishing the following correlation:

VII. - VARIOUS

Art. 28. - Defer article 148 of Act No. 11.762 (Article 1943).

Art. 29. - In making the new edition of Act No. 11.672 (Permanent Budget Complementary), the Executive shall incorporate articles 16, 17, 23, 26 and 27 of this Law.

The Executive Power is authorized to make the final edition of this Act, for which it will determine the order and numbering of the articles.

Art. 30. - The salaries of those responsible for postal stamps - of global or direct items - who currently perceive fifty (50), seventy-five (75) and one hundred (100) monthly pesos, shall be eighty (80), one hundred twenty (120) and two hundred (200) pesos respectively. The difference between two million four hundred and ninety-five thousand one hundred pesos ($2,495,100 m/n.) and four million two hundred and fifty-three thousand two hundred eighty pesos national currency (4,253,280 m/n.), which is the sum to which the amount of the increase will come about three thousand two hundred and ninety-eight (3,298) charges - amounting to one million seven hundred fifty-eight one hundred eighty national currency ($1,758)

Art. 31. - Make the executive branch to invest during the current year up to the sum of one million five hundred eleven thousand pesos national currency ($1.511,000 m/n.) in the construction of telegraphic lines, with the respective authorizations to deal with the product of the negotiation of titles, thus being enlarged in the sum of seven hundred thirty-two thousand eight hundred eight hundred pesos with three headings national currency (m$08)

Art. 32. - Extraordinary credit is made for the sum of seventy-five thousand pesos national currency ($75,000 m/n.) to reinforce item 1 of item 2, paragraph 6 of the budget of the Honorable Chamber of Deputies of the Nation, in order to cover the deficit in the period 1946. This expenditure will be made from general incomes charged to this law.

Art. 33. - Contact the executive branch.

Given in the meeting room of the Argentine Congress on the twenty-two days of the month of December, a thousand nine hundred and forty-six.

Registered under No. 13.931.