Tax-Which Corresponds To The Profits Of The National Bank Is Intended To Service The Loan For Works Public In Camargo.

Original Language Title: IMPUESTO.- EL QUE CORRESPONDA A UTILIDADES DEL BANCO NACIONAL SE DESTINA AL SERVICIO DEL EMPRÉSTITO DESTINADO A OBRAS PUBLICAS EN CAMARGO.

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.

LAW

ENTERPRISE.†" It will be contracted for several works in the Linares Province.

ENRIQUE PEA ' ARANDA C.

CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA

FOR HOW much, the Congress Nacional has sanctioned the following Law:

THE NATIONAL GRANT,

DECCRETA:

ArtA-culo 1A °.†" The Executive Branch is authorized to hire a UN MILLION BOLIVIANOS undertaking, in one of the Banking institutions of the paA-s, sum that will be destined for the exclusive attention of the following works in the Linar Province of the Department of PotosA-:

1A ° .â€" Captation of drinking water, construction and repair of public buildings and of instruction, light and electrical power, repair of the temple, etc., in the Villa of Puna, Capital of the Province, for which the sum of five hundred thirty thousand Bolivians will be destined.

2o.†" Captation of drinking water, construction of school buildings and public buildings, refacciation of the temples, and defensive against the stream of the rA-os; in the form that is detailed below: Vilacaya Bs. 80.000.†", Micullpaya Bs. 80.000.â€", Caiza "D" Bs. 80.000.†", Belinés Bs. 80.000.â€", Tuctapari Bs. 20.000.†", Pacasi Bs. 20.000.â€", Turuchipa Bs. 35.000.†", Esquiri Bs. 30.000.â€", Duraznos Bs. 20.000.†", Cuchu Ingenio Bs. 25,000. †".

ArtA-ass 2A °.â€" In garantA-a payment of interest and redemptions of the indicated undertaking, the following taxes and obligations are created:

a) Bs. 0.50 per quintal espaA ± ol on antimony minerals produced with a law of 55 to 65%; Bs. 0.60 on a law or percentage greater than 65%.

b) Bs. 0.30 per quintal of lead ores of a law of 50 to 60%, and Bs. 0.50 on a law of 60% on.

c) By law of silver, on lead minerals exceeding 40 frames per box, the tax will be of Bs. 1.†" By quintal spa ± ol. These taxes will be applied only to mining production in the Linar Province.

ArtA-ass 3A °.†" The Mining Bank in the city of PotosA-, serving as a retention agent for the obligation of the indicated tax and the largest export or production houses, of antimony, lead and silver minerals, The tax will be paid in accordance with its terms and export declarations.

ArtA-arse 4A °.†" The control and management of funds, will be carried out by a ComitA© of Public Works in the Villa de Puna, under the supervision of the Prefect of the Department of PotosA.

The meeting room of the H. National Congress.

La Paz, November 27, 1941.

A. Galindo.†"Jorge Araoz C. â€" Gaston Muja-a, Senator Secretario.†"Julio CA©spedes AA ± ez, Senator Secretario.â€" Carlos WA ¡ lter Urquidi, Diputado Secretario.†" Juan Josá© Carrasco, Deputy Secretary, ad hoc.

BY TANTO, In order for it to be carried out and comply with the law of the Republic.

Government Palace in the city of La Paz, at the nine days of December of a thousand nine hundred and twenty-hundreds of people.

GRAL. PEA ' ARANDA.â€" Joaqua-n Sword.