Key Benefits:
I get to know that the Federal Senate has approved, and I, Ramez Tebet, President, in the terms of art. 48, inciso XXVIII, of the Internal Rules, promulgated the following
RESOLUTION NO. 39, OF 2002
Authorizes the Union to hiring external credit operation between the Federative Republic of Brazil and Japan Bank for International Cooperation-JBIC, worth up to JPY 901,117,066.00 (ninety and one million, one hundred and seventeen thousand and sixty six yen), from main, intended for the funding of 85% (eighty-five percent) of the equipment to be acquired by the Ministry of Health for the Hemodialysis Project, within the framework of the Project for Strengthening the Reorganization of the Single Health System-Reforsus.
THE FEDERAL SENATE RESOLVES:
Art. 1º It is the Union authorized to hire external credit operation with Japan Bank for International Cooperation -JBIC in the value of up to JPY 901,117,066.00 (nine hundred and one million, one hundred and seventeen thousand and sixty-six yen), from main.
Single paragraph. The resources coming from the authorisation referred to in the caput of this article will be earmarked for the funding of 85% (eighty-five per cent) of the equipment to be acquired by the Ministry of Health for the Hemodialysis Project under the Project of Reinforcement to the Reorganization of the Single Health System-Reforsus.
Art. 2º The credit operation referred to in the art. 1º consists of the following conditions and characteristics:
I-debtor: Federative Republic of Brazil / Ministry of Health;
II-creditor: Japan Bank for International Cooperation (JBIC) (Tokyo);
III-value: JPY 901,117,066.00 (novecents and one million, one hundred and seventeen thousand and sixty-six yen);
IV-deadline: 60 (sixty) months;
V-interest: at the CIRR rate for ien, fixed on the date of signing of the Contract, increased risk premium, on the principal debtor balance, incurred after each disbursement, being that the indicative margin for the premium is 2.2% a.a. (two integers and two tenths per cent per year), being subject to change, as per the financial conditions adopted and shall be fixed under the principles of conduct for establishment of award fees of the Organization for Cooperation Economic and Development (OECD);
VI-commission of commitment: 0.2% a.a. (two tenths per cent per year), on the undisbursed balance;
VII-general expenses: the reasonable ones, limited to 0.1% (one tenth per cent) of the financed value, payable upon collection presentation;
VII-general expenses: limited to JPY 4,000,000.00 (four million yen), payable upon proof; (Redaction given by Resolution No. 63, of 2002)
VIII-late payment interest: interest rate of the increased operation from 1% a.a. (one percent a year);
IX-payment conditions:
a) of the principal: in 10 (ten) semester plots, equal and consecutive, winning the first in the 2º (second) day of the 6º (sixth) month after the originally scheduled date of the intermediate boarding;
b) of the interest and the commission of commitment: semestrally overdue; and
c) of the general expenses: upon presentation of collection.
Art. 3º The authorization granted by this Resolution is to be exercised within 540 (five hundred and forty) days, counted from the date of its publication. (Vide Resolution # 63, from 2002)
Art. 4º This Resolution takes effect on the date of its publication.
Federal Senate, on July 2, 2002
SENATOR RAMEZ TEBET
President of the Senate Federal
Attachment (s)