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Machinery Industrial Co. - Release Of Import. - Law Of December 11, 1957 Tax.-Dispónelos Is For Industries Which Use At Least 80% Of National Raw, And Others

Original Language Title: MAQUINARIA INDUSTRIAL.— LIBERACIÓN DE IMPUESTOS DE IMPORTACIÓN.— LEY DE 11 DE DICIEMBRE DE 1957.— DISPÓNESE PARA LAS INDUSTRIAS QUE UTILICEN POR LO MENOS EL 80% DE MATERIA PRIMA NACIONAL, Y OTRAS

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law of December 11, 1957

HERNAN MISSILES ZUAZO

CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA

BECAUSE: The Honorable National Congress has sanctioned the following Law:

NATIONAL CONGRESS,

DECCRETA:

ArtA-culo nico. â€" Libâtrase de taxes customs y consular, la importânsito de machineries destinadas a la installaron de industrias que asuse at least 80% matter national premium in the production of their products; or they are used in the preparation of agricultural products destined for domestic consumption or for export.

Communicate to the Executive Branch for constitutional purposes.

Session of the H. National Congress.

La Paz, 2 December 1957.

(Fdo.) Federico Alvarez Plata, President of the National Senate. †"Juan Sanjináns Ovando, President of the H. CA of Diputados.â €" Ciro. D B., Senator Secretario.†"Fernando Ayala R., Senator Secretario.â€" Joáll Balderra, Deputy Secretario.â € " Carlos Guzmà ¡ n Pareyra, Deputy Secretary.

FOR TANTO: He promulgated it so that it has and will comply as Law of the Republic.

Government Palace, in the city of La Paz, at the eleven days of December of a thousand nine hundred and fifty-seven years.

(Fdo.) HERNAN SILES ZUAZO.†" Hugo Moreno CAERDova, Minister of Finance and Statistics.