BUDGET

Decree No. 1.457/1980

Rule an article of Act No. 21.981.

Bs. As., 18/7/80

VISTO Articles 27 and 30 of Law 21.981, and

CONSIDERING:

That it is necessary to regulate Article 27 of Law No. 21.981, which requires the prior conformity of the State of Finance and Economic Programming and Coordination Secretariats for the realization of national, provincial or municipal public works by the concession system or by the toll that requires the guarantee of the National Treasury.

That the granting of guarantees by the Ministry of State of Finance should be supported by a careful analysis of the convenience of the public work that is proposed to be carried out by the concession system or by the tolling system.

That legislation already exists with respect to the requirements to be met by the National Public Sector investors in order to be able to initiate, by administration or contracts, any new construction project or any new acquisition of goods that means commitments on future year budgets.

It is appropriate for public works to be carried out by the concession system or by the toll, and whose financing requires the guarantee of the National Treasury also fall within the framework of an appropriate and coherent mechanism for the allocation of available resources, and that it also facilitates an adequate implementation of national and regional objectives.

Therefore,

THE PRESIDENT OF THE ARGENTINA NATION

RIGHT:

Article 1 - The pre-reference referred to in Article 27 of Law No. 21.981 shall be granted through a joint resolution of the Ministry of State of Finance and the Secretariat of State for Economic Programme and Coordination.

Art. 2o - The agencies of the National Administration, companies and societies of the State, irrespective of their legal nature, provinces and municipalities shall submit to the Secretariat of State for Economic Programming and Coordination the request for the precondition referred to in Article 1 of this decree in case the total amount of public works to be carried out by the concession system or by the detachment exceeds ten billion pesos ($ 10,000,000), calculated at the average rates of May and 1980s.

Art. 3o - The Secretariat of State for Economic Programming and Coordination shall establish the requirements and information to be submitted by the agencies referred to in Article 2 of this Decree to conduct the analysis of the respective requests in accordance with a prior period of time, and the deadlines for their submission.

Art. 4o - Faccinate the Secretariat of State for Economic Programming and Coordination to modify the minimum amount referred to in Article 2 and the deadlines referred to in Article 3

Art. 5o - The clearing rules requiring the provisions of this decree shall be established by Resolution of the Secretariat of State for Economic Programme and Coordination.

Art. 6o - Contact, post, give to the National Directorate of the Official Register and archvese.