BUDGET

Decree 751/98

Authorize the placement of National Currency Consolidation Bonuses to comply with the provisions of Decree No. 35/98 and National Currency Previsional Consolidation Bonuses to meet the obligations set out in the Agreement No. 56 of 8.11.91 of the Supreme Court of Justice of the Nation.

Bs. As., 23/6/98

B.O.: 26/06/98

VISTO Issue No. 080-002294/97 of the Register of the MINISTERY of ECONOMY AND PUBLIC SERVICES and the BUDGET OF ADMINISTRATION NATIONAL for the Exercise 1998 approved by Law No. 24,938, distributed by Administrative Decision No. 6 of January 1998, and

CONSIDERING:

That by Decree No. 35 of 8 January 1998 it was stated that the receivables open to the Provinces, pursuant to Decree No. 1023 of 7 July 1995, will accrue additional interest from 1 April 1991 to 24 April 1995 inclusive, those that will be canceled by the SECRETARIAT of HACIENDA dependent on the MINISTERY OF ECONOMY AND BRAZILITIES and residual SERVICES .

That by the Agreed No. 56 of 8 November 1991 of the SUPREME COURT of Justice The recognition of the debts arising from wage differentials of the staff of the JUDICIAL NATIONAL POWER was provided to staff in passivity.

That Act No. 24,938, approving the NATIONAL ADMINISTRATION BUDGET for the fiscal year 1998, in its article 8, has provided for the concept and total amount of Consolidation Bonuses to place during the aforementioned fiscal year, as detailed in Table No. 9 annexed thereto, without the provision of Bonuses to the Provinces and to the beneficiaries of the recognition of the Convention.

That the said article assigns specific amounts of Bonuses to be placed by the concepts set by the Nros Laws. 24.043, 24.070, 24.073, 24.130, and 24.411 and a lump sum for the provisions of Act No. 23.982, based on the projections of outstanding obligations at the time of the preparation of the draft budget.

That, as set out in the precedent, it is improper to prioritize the payment of rights subsequently born, over those with previous recognition and pending satisfaction.

That the dictation of this exceptional rule is necessary, authorizing the placement of National Currency Suppliers in Consolidation Bonuses to comply with the provisions of Decree No. 35 of 8 January 1998 and National Currency Previsional Consolidation Bonuses to meet the obligations set out in Agreed No. 56 of 8 November 1991 of the COURT SUPREMA DE JUSTICE OF NATION.

It is necessary to authorize the NATIONAL ADMINISTRATION OF SECURITY of the Ministry of Labour and Security SOCIAL to implement the payment in National Currency Previsional Consolidation Bonuses arranged as a result of the Agreement No. 56 of 8 November 1991 of the SUPREME COURT OF NATION JUSTICE.

That the General Directorate of Humanitarian Affairs of the MINISTERY OF ECONOMY AND ARTWS AND SERVICES PUBLICOS has taken the intervention that belongs to him.

That the present measure is made in the use of the powers conferred by article 99, paragraph 3 of the NATIONAL CONSTITUTION.

Therefore,

THE PRESIDENT OF THE ARGENTINA NATION IN GENERAL AGREEMENT OF MINISTERS

RIGHT:

Article 1 -N° 9 of Act No. 24,938 of the NATIONAL ADMINISTRATION BUDGET for the year 1998, the delivery of Consolidation Bonuses in National Currency to cancel the obligations set out by Decree No. 35 of 8 January 1998, for a NOMINAL VALUE of PESOS

Art. 2° -As a result of the provisions of article 1 of this Decree, the NATIONAL ADMINISTRATION BUDGET for the year 1998 should be amended in accordance with the details of the draft articles annexed to the present article.

Art. 3° -It is established that the implementation of the payment in National Currency Previsional Consolidation Bonuses arranged as a result of the Agreement No. 56 of 8 November l991, will be carried out through the NATIONAL ADMINISTRATION OF SECURITY of the Ministry of Labour and Security SOCIAL through the usual payment procedures in Previsional Consolidation Bonuses.

Art. 4° -Note the HONORABLE CONGRESS OF NATION.

Art. 5° -Contact, post, give to the National Directorate of the Official Register and archvese. -Jorge A. Rodriguez. -Roque B. Fernández. - Antonio E. González. -Raúl E. Granillo Ocampo. -Jorge Domínguez. - Guido Di Tella. - Alberto J. Mazza. -Carlos V. Corach. -Susana B. Decibe.

NOTE: This Decree is published without the tables annexed to article 2. Unpublished documentation can be consulted at the Central Headquarters of the Official Gazette (Suipacha 767 Capital Federal).