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LAW Emprestito.a€ "author-used to the Central Bank of Bolivia to grant in the amount of Bs. 25.000.000. â €" to sites Petrola-feros Bolivian fiscal.
ENRIQUE PEA'ARANDA C. CONSTITUTIONAL PRESIDENT OF THE REPAŠBLICA.
Whereas, H. National Congress has enacted the following law: the National Congress DECREES: Arta-culo 1a °. â €"author-used to the Central Bank of Bolivia to give a direct stito © Empra deposits Petrola-feros Fiscales Bolivianos, for the sum of twenty-five million bolivianos (Bs. 25 000.000), with warranty-from the sales of crude oil, gasoline, oil, fuel oil and kerosene diessel" to perform that entity in the interior of the Republic.
This Empra © stito may be granted in legal tender or in bonds of Empra © stito.!
Arta-culo 2a °. â €"author-used, also, to the Executive branch that is responsible for the obligations which, to date, have Contraa - das deposits Petrola-feros Bolivian fiscal in the Central Bank of Bolivia, compensation of amounts owed the Government petroleum entity, by the contribution of capital earned for the year 1940, Sega º n Decree of 13 May 1939" , and by differences in the retail price of gasoline Arta-culo 3a °. â €"agreements adopted by the Board of Directors of deposits Petrola-feros Fiscales Bolivianos, about Empra © stito, should investment n in any case, having the stewardship of the Government represented by the Minister of Treasurer - Nacional, who Presidira its deliberations.!"
Arta-culo 4a °. â €"the Government Mandar study by competent staff a plan of exploitation of tax deposits of petroleum and new organization of the entity administering, and must submit it to the approval of the legislature."
Commune-that will to power Executive, for constitutional purposes.
Peace, 28 March 1941 A. Galindo.a€ "Rafael de Ugarte.â€" Prof. C. BeltrÃ n Morales, Senator Secretary â €"Julio CA © guests aa±ez, Senator Secretario ad hoc â €" A. Villalpando, Deputy Secretary â €"e. Portillo, Deputy Secretary ad hoc."!
I therefore enacted it so that is has and is fulfilled as the law of the Republic.
Palace of Government of the city of La Paz, to the thirty-one day-as of the month of March of nineteen hundred years cuarentiun.
GRAL. PEA'ARANDA. â €"Edmundo VA squez." â €"Joaqua-n sword.
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