Law No. 11,656, Of April 16, 2008

Original Language Title: Lei nº 11.656, de 16 de Abril de 2008

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.

LEI No. 11,656, DE April 16, 2008.

Abre extraordinary credit, in favor of various organs of the Executive Power, at the global value of R$ 1,646,339,765.00, for the purposes it specifies.

I do know that the PRESIDENT OF THE REPUBLIC adopted the 2007 Provisional Measure No. 402, which Congress National has approved, and I, Garibaldi Alves Filho, Chairman of the Bureau of the National Congress, for the effects of the art. 62 of the Federal Constitution, with the essay given by Constitutional Amendment No 32, combined with art. 12 of Resolution No. 1, of 2002-CN, promulgated the following Law:

Art. 1st It opens outstanding credit, in favor of diverse organs of the Executive Power, in the global value of R$ 1,646,339,765.00 (one billion, six hundred and forty-six million, three hundred and thirty-nine thousand, seven hundred and sixty-five reais), to meet the schedules set out in Annexes I and III of this Act.

Art. 2nd The resources required for opening the credit that it treats art. 1st stem from:

I-financial surplus ascertained in the Union Balance Sheet of the financial year 2006, in the value of R$ 163,846,548.00 (one hundred and sixty-three million, eight hundred and forty-six thousand, five hundred and forty-eight reais), being:

a) R$ 148,056,406.00 (one hundred and forty-eight million, fifty-six thousand, four hundred and six real) of Ordinary Resources ; and

b) R$ 15,790,142.00 (fifteen million, seven hundred and ninety thousand, one hundred and forty-two reais) of Intervention of Intervention in the Economic-Fuel Dom

II-excess collection, worth R$ 714,084,066.00 (seven hundred and fourteen million, eighty and four thousand, sixty-six reais), being:

a) R$ 8,000,000.00 (eight million reais) of own Resources generated by state-owned enterprises ;

b) R$ 702,147,375.00 (seven hundred and two million, one hundred and forty-seven thousand, three hundred and seventyear and seventh five reais) of Grants and Permissions ; and

c) R$ 3,936,691.00 (three million, nine hundred and thirty-six thousand, seishundred and ninety and one real) of Non-Financial Own Resources ; and

III-partial cancellation of budget appropriations, worth R$ 768,409,151.00 (seven hundred and sixty-eight million, four hundred and nine thousand, one hundred and fifty and a real one), as indicated in Annex II of this Act.

Art. 3rd This Act shall enter into force on the date of its publication.

National Congress, on April 16, 2008 ; 187º of Independence and 120º of the Republic.

Senator GARIBALDI ALVES SON

Chairman of the Bureau of the National Congress

This text does not replace the published in the DOU of 4/17/2008.