Provisional Measure No. 1,938-21, Of 21 September 2000

Original Language Title: Medida Provisória nº 1.938-21, de 21 de Setembro de 2000

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PROVISIONAL MEASURE # 1.398-21, OF September 21, 2000.

Authorizes the Union to acquire or pay obligations of legal persons of domestic public law, relating to external financial operations, and gives other arrangements.

THE PRESIDENT OF THE REPUBLIC, in the use of the attribution that confers you the art. 62 of the Constitution, adopts the following Interim Measure, with force of law:

Art. 1º In exceptional cases, aiming at resguarding the creditor relations of the Country and the normality of financial, capital and foreign exchange markets, the Union is authorized to acquire or pay, on its own behalf, external financial obligations of persons internal public law legal, with no guarantee from the Federative Republic of Brazil, sub-rogated in the rights of the creditor.

Art. 2º The application of the provisions of the preceding Article shall be conditional on the prior authorization of the Minister of State of the

Art. 3º Stay convalidated the acts practiced on the basis of the Provisional Measure No. 1.938-20 of August 23, 2000.

Art. 4º This Provisional Measure shall come into force on the date of its publication.

Brasilia, September 21, 2000 ; 179º of Independence and 112º of the Republic.

Fernando Henrique Cardoso

Amaury Wiltne Bier

Martus Tavares