Accounting Law - Update Of Amounts- Update Of Amounts In The Contablity Law - Full Text Of The Norm

Original Language Title: LEY DE CONTABILIDAD -ACTUALIZACION DE MONTOS- ACTUALIZACION DE MONTOS EN LA LEY DE CONTABLIDAD - Texto completo de la norma

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
image inicio sitio infoleg MInisterio de Justicia y Derechos Humanos

if !supportEmptyParasendif

Decree 2293/93

if !supportEmptyParasendif

Upgrade amounts.

if !supportEmptyParasendif

Bs. As. 8/11/93.

if !supportEmptyParasendif

B.O.: 11/11/93.

if !supportEmptyParasendif

VISTO file No. 040-011119/93 of the Registry of the Ministry of Economy and Public Works and Services and the need to update the amounts of article 56, paragraph 1 and 3 (a), and article 62 of the Accounting Act, as well as those set by the regulation of the said legal order in article 52, paragraph 4 (g), paragraph 37 (a), subparagraph 73 and paragraph 148 (h),

if !supportEmptyParasendif

CONSIDERING:

if !supportEmptyParasendif

That it is necessary to contemplate a measure that will enable an adequate agile and operational flexibility in the management of the purchases and contractings to be carried out by the National State to meet its needs.

if !supportEmptyParasendif

To achieve this purpose, it is essential to complement the provisions of Decree No. 2662 of 29 December 1992, amending the limits set out in article 56, paragraph 1 and 3 (a), of the Accounting Act.

if !supportEmptyParasendif

This measure also seeks to bring together the various acts of the administration with the plans and achievements of the State.

if !supportEmptyParasendif

It is appropriate to adjust the ceiling delegated by the Ministers in favour of the owners of the administration agencies of their respective dependence to accept donations of unpaid movable property.

if !supportEmptyParasendif

It is also appropriate to update the maximum amount that the proponents may guarantee by paying them in order to strengthen the fulfilment of their obligations.

if !supportEmptyParasendif

It is also appropriate to determine limits to which the guarantee of the QUINCE (15) per cent of the total value of the award will not be necessary.

if !supportEmptyParasendif

It is also necessary to update the amount to which no price improvement will be requested in case of bids.

if !supportEmptyParasendif

On the other hand, it is necessary to modify the maximum ceiling to which the fines applied to the permissionaries and State concessionaires may come, for minor infractions that do not give rise to the termination of the contract.

if !supportEmptyParasendif

This Decree is issued in the use of the powers conferred by article 86, paragraph 2 of the National Constitution.

if !supportEmptyParasendif

Therefore,

if !supportEmptyParasendif

THE PRESIDENT OF THE ARGENTINA NATION

RIGHT:

if !supportEmptyParasendif

Article 1 The limits set out in articles 56 (1) and (3) (a) and 62 second paragraph of the Accounting Act are amended, as follows:

if !supportEmptyParasendif

Article 56, paragraph 1:

In private tendering, when the estimated value of the operation does not exceed PESOS A MILLON ($1,000.000) ratio.

if !supportEmptyParasendif

Article 56, paragraph 3 (a):

When the operation does not exceed CIEN MIL PESOS ($ 100,000) BE.

if !supportEmptyParasendif

Article 62, paragraph 2:

When the alleged amount of recruitment exceeds PESOS CINCO MILLONES ($ 5,000.000) the relevant announcements will be made by OCHO (8) and DOCE (12) in advance of the date of the respective opening. If the amount does not exceed that amount, the days of publication and anticipation will be DOS (2) and CUATRO (4) respectively.

if !supportEmptyParasendif

Article 2o.- The jurisdictional authorities under the National Executive, referred to in article 52, paragraph 4, of the Accounting Act, may delegate to the respective owners of the administration agencies of their dependence and/or their natural substitutes, up to a CINCUENTA MIL ($50,000) the powers that said article agree to them to accept donations without charge of movable property.

if !supportEmptyParasendif

Article 3.- Modify the limits set out in paragraphs 34 (g), 37 (a), 73 sixth paragraph and 148 (h) of the regulation of article 61 of the Accounting Act as follows:

if !supportEmptyParasendif

Article 61, paragraph 34 (g):

(b) When the amount of the guarantee does not exceed the amount of CINCO MIL PESOS ($ 5,000), with you pay in sight subscribed by those who have the use of the social reason or act with sufficient powers. ♫

if !supportEmptyParasendif

Article 61, paragraph 37 (a):

(sighs) When the amount of the contract does not exceed the amount of CINCO MIL PESOS ($ 5,000). ♫

if !supportEmptyParasendif

Article 61, paragraph 73, sixth paragraph:

The price improvement will not be requested and the procedure indicated in paragraphs 4 and 5 will be followed when the steep line does not exceed CINCO MIL PESOS ($ 5,000). ♫

if !supportEmptyParasendif

Article 61, paragraph 148 (h):

(b) Sanctions and penalties for minor infractions that do not give rise to termination, graduated from receipts to fines to PESOS CIEN MIL ($ 100,000).

if !supportEmptyParasendif

Article 4o.- Contact, post, give to the National Directorate of the Official Register and archvese. -MENEM- Domingo F. Cavallo.