law of November 21, 1947
TAXES ON ESTAA ' O.â€ " They are created for the purposes indicated.
ENRIQUE HERTZOG G.
CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA
By How much, the Honorable National Congress has sanctioned the following Law:
THE H. NATIONAL CONGRESS
ArtA-cull lo.â€ " Whenever the sale price of the stake is maintained at 77 cents per pound fine, the following taxes shall be imposed for the purposes to be used:
a) $USA. 0.01 (one cent of American dollar) per fine pound of staA ± or which is exported from the paA-s, for the acquisition of clinics, establishment of rest and readaption, farms, sports fields, orthopaedic material and housing, in profit of mining workers in general;
b) $USA. 0.0026 (a quarter of a cent of American dollar) per pound of fine that is exported from the paA-s, for the hiring of foreign technicians and acquisition of scientific material-traffic, destined to the Faculties of Engineering-to Oruro and PotosA-.
ArtA-ass 2o. â€ "The Central Bank of Bolivia will grant foreign currency accrediting for foreign purchases, up to 25% of the total amount raised by the above concepts.
Article 3o.â€" The resources referred to in point (a) of the Article 1 (1), shall be administered in particular by the Insurance and Workers ' Savings Fund, and those of (b) by the Technical Universities of Oruro and PotosA.
Communal-be to the Executive Branch for the constitutional purposes.
Room Sessions of the National Congress.
La Paz, November 11, 1947.
M. UrrioIagoitia.â€ " A. LandA-var Ribera.â€ "M. Mogro Moreno, Senator Secretario.â€" A. Sarti, Senator Secretario.â€ "P. MontaA ± o, Diputado Secretario.â€" A. Camacho Pábércel, Deputy Secretary.
BY TANTO: the Law of the Republic of the Republic of the Republic of the Republic of the Republic of the Republic.
Government Palace, in the city of La Paz, at the twenty-one day of November of a thousand nine hundred and forty-five years. seven years.
E. HERTZOG.â€ " C. Guachalla.â€ " D. Gamarra.