Law 165

Original Language Title: Ley 165

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now

Read the untranslated law here:

LAW NÂ ° 165.
As: The Honorable National Congress has sanctioned the following law: the National Congress DECREES: Arta-culo 1a ° â €"are authorized to Alcalda - to city of Sorata, engage in any of the banking institutions of the Paa-s, an Empra © stito until the total sum of a million bolivianos (Bs. 1,000,000), destined to the construction of the"Municipal House"works."
Arta-culo 2a ° â €"(Para el pago de amortizaciones e intereses de dicho empréstito, se crean las siguientes obligaciones e impuestos en la jurisdicción de la primera sección de la Provincia Larecaja: a) 30% of own of the Alcalda - Sorata Municipal income, recorded in their respective annual budgets;"
(b) Bs. 3.00 on litre of drinking alcohol that is internal to the province;
(c) 5% ad valorem on burden of Tuba © rculos, cereals, fruits and legumes that are extracted from the province.
Arta-culo 3a ° â €"the referred Empra © stito must be negotiated to a type of interest in any case exceeding 6% owing taxes that is referenced in the 2a ° Arta-culo, last as long as the total cancellation of the debt.
Arta-culo 4Â ° â €"(Los impuestos a que se hace referencia en tos incisos b) and (c) of the Arta-culo 2a of this law, will be n collected by the customs of the Coca and deposited quarterly into the Central Bank of Bolivia into a special account that is Denominara" Casa Municipal of Sorata".!"
Arta-culo 5Â ° â €"the administration of the Empra © stito will be in charge of a Committee consisting of the Mayor of Sorata, President of the deliberative Council, a representative of the Comptroller-, sub-prefect of Larecaja and a representative of the"worker Center of Sorata".
Commune-contact to the Executive Pedor for constitutional purposes.
Session of the H. Congress Hall.
Peace, 21 December 1949.
(Fdo). Waldo Belmonte Pool.a€ "(Fdo)." Luis Ponce Lozada.a€ ' (Fdo). " C. Lopez, Senator Secretario.a€ ' (Fdo). " P. Saucedo Barbery, Senator Secretario.a€ ' (Fdo). " Guillermo Alvarez, Deputy Secretario.a€ ' (Fdo). " J. Crespo, Deputy Secretary.
THEREFORE: I enacted it is and meets as a law of the Republic.
Government Palace, in the city of La Paz, to the four decades-as of the month of January of one thousand nine hundred and fifty years.
(Fdo). MAMERTO Urriolagoitia.a€ ' (Fdo). " Rafael stop Sua rez.