Law 21

Original Language Title: Ley 21

Read the untranslated law here: http://www.gacetaoficialdebolivia.gob.bo/index.php/normas/verGratis_gob2/48586

LAW No. 21

Paz Estenssoro CONSTITUTIONAL PRESIDENT OF THE REPUBLIC
Whereas, the National Congress has sanctioned the following Law:
NATIONAL CONGRESS DECREES
:
Article 1. from the date, funds from taxes on sales and profits, to which refers
supreme decree No. 05534, dated 5 August this year on products extracted from the provinces North and Sud Yungas and Inquisivi the department of La Paz, will be distributed as follows:
a) The Board
Highway La Paz-Beni, for continuation of roadworks North and South Yungas ........................
............................................ 20.00% | || b)
the Prefecture of La Paz, for public works in the province Inquisivi .................
6.00%
c)
The Prefecture of La Paz, for public works in the province Nor Yungas ...........
25.00%
d)
The Prefecture of La Paz, for public works in the province Sud Yungas ............
25.00%
e)
Bound for Public Works in the Province Cantonal Agencies Nor Yungas ...............
5.00%
f)
Bound for Public Works in Cantonal Agencies province Sud Yungas .................
5.00%
g)
Bound for the Prefecture of La Paz for administrative expenses ....................
4.00%
h)
For further processing of drinking water uptake of Tuni-Condoriri .......................... | || 10.00%
Article 2. The Prefecture of La Paz, rationally define the program of public works
done, which will take place according to the needs of each district and the intervention of the Municipal Mayors and respective cantonal together.
Article 3. Customs Coca deposit the amounts collected monthly in one of the previously named entities, being authorized by the Prefect of the Department of La Paz to manage these funds in their bank accounts program each
public works, to article 2 refers.

Article 4. Expressly tax safeguarded rights created by Supreme Decree No. 02999, dated January 16, 1953, in favor of the Directorate General of Income.
Article 5. All provisions contrary to this Law
communicated to the Executive shall be repealed. For constitutional purposes.
Hall of the National Congress.
La Paz, October 21, 1960.
Julio C. Ruben, President of the H. National Senate, Ernesto M. Ayala, President of the Chamber of Deputies, Fernando Ayala Requena, Senator Secretary, Alberto Lavadenz Senator Secretary, Gmo. Munoz de la B., Deputy Secretary, Armando Mollinedo, Deputy Secretary. I
Therefore, they have enacted to and comply as Republic Act.
Government Palace in the city of La Paz, on the twenty eighth day of October in 1960
years.
FDO. Paz Estenssoro, A. Sánchez Cuadros, Minister for Finance and Statistics