LAW OF 30 1948
DRINKING WATER AT SUCRE.â€ " Destinations to these works the amount of real estate transfer taxes in that Department.
ENRIQUE HERTZOG G.
PRESIDENT CONSTITUTIONAL OF THE REPAsBLICA
For The National Congress has sanctioned the following Law:
THE NATIONAL CONGRESS
ArtA-arse 1A ° â€ " Destinations the amount of taxes or sanctioned by the current Legislature on transfer of buildings in the Department of Chuquisaca to the works of drinking water of Sucre.
Also, the entire product of the sale of water in Sucre is destined for the same works. These resources will be deposited by the collecting offices in a special account "Works for the use of the waters of the RA-or Ravelo" in the office of Sucre of the Central Bank to the order of the Prefect of Chuquisaca.
ArtA-Aculo 2A ° â€ " The Prefecture of the Department of Chuquisaca is authorized to contract with these resources one or more staggered undertaking up to the sum of twenty million Bolivians, be it abroad, be it in institutions of credit in the AA-s; likewise, to extend the contract of the works of exploitation of the waters of the RA-or Ravelo, Until its complete conclusion in Sucre.
ArtA-Aculo 3A ° â€ "The Central Bank of Bolivia is authorized to grant to the Prefecture of Chuquisaca one or more staggered undertaking up to the sum of twenty million Bolivians, with the Four percent year-on-year and cumulative amortisation also annual of six percent within the tax credit limit set by law of May 20, 1947.
ArtA-culo 4A ° â€ " It is authorized to the Petrolea-Ferientos Fiscales Bolivianos to make advances to the Prefecture of Chuquisaca up to the sum of three million Bolivians destined for these works, to be paid with the water service In the Refinery-a of the capital; likewise, to the ComitÃ© of Aid and Reconstruction of Sucre to advance funds in order to be reimbursed with the authorized ones in this law.
Communicate to the Executive Branch for Constitutional Purposes.
Session of the H. National Congress.
La Paz, December 20, 1948.
M. Urriolagoitia.â € "A. Salinas LA�pez.â €" C. LAónfish Arce, S. S. â€ "R. ChA ¡ vez MuÃ ± oz, S. S. â€" D. ImaA ± a M., D. S. â€ " P. MontaÃ ± o, D. S.
Therefore, I enact it so that it is held and complied with as Law of the Republic.
Palace of Government, in the city of La Paz, at the thirty days of December of a thousand nine hundred and forty-eight years.
E. HERTZOG.â€" Josá© Romero Loza.