PROVISIONAL MEASURE NO. 628, OF November 28, 2013
Constitutes additional source of resources for the National Economic and Social Development Bank-BNDES, authorizes the Union to shut down the Recovery Fund Economic of the State of the Holy Spirit and extinguish the Executive Group for the Economic Recovery of the State of the Holy Spirit.
THE CHAIRWOMAN OF THE REPUBLIC, in the use of the attribution that confers it on art. 62 of the Constitution, adopts the following Provisional Measure, with force of law:
Art. 1º Stay the Union authorized to grant credit to the National Economic and Social Development Bank-BNDES, in the amount of up to R$ 24,000,000,000.00 (twenty four billion reais), under financial and contractual conditions to be defined by the Minister of State for Finance.
§ 1º For the credit coverage of which it treats the caput, the Union will be able to issue, in the form of direct placement, in favor of BNDES, securities of the Federal Furnished Public Debt, whose characteristics will be set by the Minister of State for Finance, respected the economic equivalence with the predicted value in the caput.
§ 2º In contrast to the credit granted in the terms of the caput, BNDES may use, at the discretion of the Ministry of Finance, claims held against BNDES Participações S. A-BNDESPAR.
§ 3º The credit granted by the National Treasury will be remunerated by the Long-Term Interest Rate-TJLP.
Art. 2º Stay the Union authorized to terminate the State Economic Recovery Fund of the Holy Spirit, established by Decree-Law No. 880 of September 18, 1969, and to transfer its competences and rights and duties to the fund to be instituted by the State of the Holy Spirit.
Single paragraph. The transfer will occur through convennial to be firmed up between the Ministry of National Integration and the State of the Holy Spirit.
Art. 3º It becomes extinct the Executive Group for Economic Recovery of the State of the Holy Spirit, created by the Decree-Law No. 880, of 1969.
Art. 4º This Interim Measure shall come into force on the date of its publication.
Art. 5º It is repealed the Decree-Law No. 880, of September 18, 1969.
Brasilia, November 28, 2013; 192º of Independence and 125º of the Republic.
Fernando Damata Pimentel