United States Senate Resolution No. 36, November 11 2009

Original Language Title: Resolução do Senado Federal nº 36, de 11 de novembro de 2009

Read the untranslated law here: https://www.global-regulation.com/law/brazil/2894915/resoluo-do-senado-federal-n-36%252c--de-11-de-novembro-de-2009.html

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Do I know that the Senate approved, and I, Jose Sarney, President, pursuant to art. 48, paragraph XXVIII, the internal regulations, enact the following R E S O L U t I O N° 36, 2009 Changes the device resolution No. 43 of 2001, Federal Senate, introducing alternative criterion for calculating the annual commitment with depreciation, interest and other charges consolidated debt.
The Senate resolves: Art. 1 paragraph 4 of art. 7 of resolution No. 43 of 2001, Federal Senate, goes into effect as follows:? Art. 7............................................................................................................................................................................................................ paragraph 4 for the purpose of compliance with provisions of item II of the caput, the calculation of the annual depreciation and impairment charges will be made by the annual average of the relationship between the commitment and the current projected net revenue year after year, Alternatively, whichever is more beneficial: I-all financial years in which any payments provided for the intended operation; or (II)-the financial years in which any payments until 31 December 2027.
..................................................................................................? (NR)
Art. 2 this resolution shall enter into force on the date of its publication.
Senate, on 11 November 2009.
Senator José Sarney, President of the Senate

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