1 December 1947 release of tax law. â €"is granted to the import of machineries for the installation of tanneries in the departments of Beni and Pando.
ENRIQUE HERTZOG G. Constitutional President of the Repašblica since, the Honorable National Congress has sanctioned the following law: the H. Congress national DECREES: Arta-culo lo.a€ "are free from rights and imposed customs during a year from the Codelcoâ of this law, the entry to the Paa-s of machinery and implements for the installation dÃ © tanneries in the departments of Beni and Pando.
Arta-culo 2o.a€ "this industry is exempted from the payment of national, departmental and municipal taxes for five years.
Arta-culo 3o. â €"the Central Bank or Agra-cola awarded credits for the establishment of Curtidura-as in Beni and Pando, with the warranty-as laying down his Ra © groaning credit."
Arta-culo grades 4 â €"power Executive must give prior authorization, for the installation of Curtidura-as, with the benefits that this law grants setting the necessary warranty-as.
Arta-culo 5o.a€ "the State may be shareholder in companies that are formed for the installation of the tanneries and their derivatives industrial, must constitute the effect the societies Ana³nimas corresponding with the emission of shares that is within reach of small capital in order to give participation to the popular contribution."
Arta-culo 6o.a€ "the Executive Reglamentara this law.
Commune-contact to the Executive for constitutional purposes.
Session of the H. Congress Hall.
La Paz, 14 November 1947.
M. Urriolagoitia. â €"A. Landa-var Bank." â €"M. Mogro Moreno, Senator Secretarioâ€" C. LÃ³pez Arce, Senator Secretary. â €"P." MontaÃ±o, Deputy Secretary, â €"A. Camacho PÃ³rcel, Deputy Secretary.
THEREFORE: enacted it is and meets as a law of the Republic Republic Palace of Government, in the city of La Paz, to the a day-as of the month of December one thousand nine hundred forty-seven years.
E HERTZOG. â €"C. Guachalla.