Loan To Tarija. - The Consolidated Of Obras Sanitarias, Expanded Into Ten Billion Is Consolidated In A Single Operation.

Original Language Title: EMPRESTITO PARA TARIJA.— EL CONSOLIDADO DE OBRAS SANITARIAS, AMPLIADO EN DIEZ MILLONES DE BOLIVIANOS, SE CONSOLIDA EN UNA SOLA OPERACIÓN.

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law of December 20, 1948

COMPANIES FOR TARIJA.†" The Consolidated Health Works, expanded by ten million Bolivians, is consolidated in one operation.

ENRIQUE HERTZOG G.

CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA

For how much: the National Congress has sanctioned the following Law:

THE NATIONAL CONGRESS

DECCRETA:

ArtA-culo 1A ° †" The" Consolidated Works of Sanitary Works of Tarija 1945 ", expanded by ten million Bolivians by law of 5 May 1947, will be consolidated in a single operation on the basis of the balances that are settled at 31 December 1948, with the name of: "Consolidated Tarija of 1949".

ArtA-culo 2A ° †" The Executive Branch is authorized to expand the" Consolidated Works of Sanitary Works of Tarija 1949 ", referred to in the previous article, in eighteen million Bolivians, on the sum of the balances of the earlier periods of December 31, 1948, with the maximum of four percent and cumulative amortisation of the six percent annual maximum, with the following destination: construction of a hydroelectric plant in the RA-or Only for power supply to the city of Tarija.

The placement of these eighteen million Bolivians will be gradually and tailored to the needs of the work.

ArtA-ass 3A ° †" The Consolidated Undertaking, AsA-as the Enlargement authorized by this law, is guaranteed and served with the performance of the affected resources in the aforementioned operations and with the yields and new taxes;

With an annual, fixed, half-million-Bolivian allocation that will contribute to the Municipality of Tarija, regardless of another half a million that is already being tied with antelation and which will be paid per semester;

With four hundred thousand Bolivians annually from the department of Tarija, coming from the performance of the RAºstico Catastro with relation to the castro of 1928, quintuplicado, that it has been doing and as a result, in

With a new tax of one Bolivian per bottle of beer that is established from the enactment of this Law, whether it is internal or occurs in the city of Tarija. The tax is exempt from reaggravation Pro-University, and must be charged, in consequence, net.

The Municipality and the Trade and Industry Inspectorate will supermonitor the beer bottle not sold to the public consumer, with a surcharge of more than thirty percent (30%) including all expenses

ArtA-Aculo 4A ° †" The Central Bank is empowered, in its capacity as a Trustee, to monitor the collection of all taxes affected by the Consolidated undertaking and its extension, and may revise the Treasury's accounts. Departmental or to intervene in companies, persons, entities and in general all taxpayer, making them free of charge notes, when they find fraud or default in payments.

Communal-to the Executive Branch for constitutional purposes.

Session of the H. National Congress.

La Paz, 9 de December 1948.

M. Urriolagoitia.†"A. LandA-var Ribera.â€" C. LAólífish Arce, S. S. †" Alf. Mendizà ¡ bal, S. S. †"A. Quezada A., D. S. â€" D. ImaA ± a Monterrey, D. S.

Therefore, it was enacted so that it is held and complied with as Law of the Republic.

Government Palace, in the city of La Paz, at the twentieth day of the month of December of a thousand nine hundred and forty-eight years.

E. HERTZOG.†" Jos᩠Romero Loza.