Markets Sectional. - It Authorizes Loans Up To Two Billion, Destined For The Construction Of These.

Original Language Title: MERCADOS SECCIONALES.— SE AUTORIZA PRÉSTAMOS HASTA DOS MILLONES DE BOLIVIANOS, CON DESTINO A LA CONSTRUCCIÓN DE ÉSTOS.

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

SECTORS SECTIONALES.†" We authorize up to two million Bolivians, destined for the construction of these.

TCNL. GERMN BUSCH,

CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA,

FOR HOW much the H. National Convention has sanctioned the following law:

THE H. NATIONAL CONVENTION

DECRETA:

ArtA-ass "The Municipal Mayor of La Paz is authorized to take one or several months to the Central Bank of Bolivia for six months, up to the sum of two million Bolivians (Bs. 2.000.â€), for the work of sectional markets, with the interest of six per cent a year and a three per cent penalty, with guarantee of guarantee-to the income of the markets and the superA ¡ vit of the yield of the tariff taxes.

ArtA-ass 2A ° .†"In no case the product of these loans can be invested in foreign currency acquisition but by contractors.

Communicate to the Executive Branch for constitutional purposes.

National H. Convention sessions.

Peace, September 9, 1938.

Renato A. Riverin.†" A. Guzmán, Conventional Secretario.†" J. Lijerón Rodra-guez, Conventional Secretary.

FOR TANTO: the law for the law of the Republic to be held and complied with as law of the Republic.

Government Palace, in the city of La Paz, to the twenty days of the month of September of a thousand nine hundred and thirty-eight years.

TCNL. GERMA • N BUSCH.†" VA-cente Mendoza LAFÁpez.

IS COMPLIANT:

H. del Villar A.

Major Finance Officer.