Key Benefits:
JUNE 17 LAW
BOLIVARIAN OLYMPICS. †"AutorA-zase to the Executive the contract of a loan to meet the expenses of the Bolivian Sports Delegation to the Bolivarian Games.
TCNL. GERMAN BUSCH
CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA
For how much: the H. National Convention has sanctioned the following law:
THE NATIONAL CONVENTION
DECRETA:
ArtA-ass 1A °. †" AutorA-zase to the Executive Branch the hiring of a loan in any of the commercial banks of the locality, up to the sum of nine hundred and sixty thousand Bolivians, amount destined to the expenses of the Sports Delegation that must The Bolivarian Olympics in Colombia will be held during the month of August.
Article 2A °. †"The percentage of interest and cancellation of this loan will be guaranteed by the product of the additional tax" Promotion of Sport ", which taxes the consumption of alcoholic beverages, created by Decree of date 9 April of the present year, which rises to the law range.
Article 3A. †" The Executive Branch shall regulate this law.
Communal-to the Executive Branch, for constitutional purposes.
Session of the H. National Convention.
Peace, June 19, 1938.
Renato RiverA-n. †" R. Jordà ¡ n C, Conventional Secretary. †" W. Guevara, Conventional Ad-hoc Secretary.
TANTO: Enacted to have and comply with the Law of the Republic
Government Palace, June 22, 1938.
G. BUSH. †" B. Wheat Navajas.
IS COMPLIANT:
J. Montero J.
Major Education Officer.