Sole article.-Introducense the following |! | amendments to the decree with force of law N ° 223, de |! | 1953, the Ministry of national defense, law |! | Factories and arsenals of the army, whose text |! | revised, coordinated and systematized was set by |! | Decree No. 375, 1979, this same secretariat of |! | Status: 1. replace article 1 ° by the following: "article 1.-the factories and arsenals of the |! |" Army, individualized by the acronym FAMAE, |! | they are a corporation of public law, which enjoys |! | legal personality, autonomous management and |! | own heritage, in accordance with the provisions of this |! | law. Will relate with the Supreme Government by |! | through the Ministry of national defense.
(Su objeto será: a) manufacture, repair and sell items |! | war to meet the broadest possible |! | the needs of national defense;
(b) manufacture, repair, and sell all kinds of |! | machinery, tools and industrial supplies, and |! | (c) providing services related to each of |! | the tasks identified in the previous letters.
For the fulfillment of the purposes already indicated |! | and with the single approval of the Higher Council of FAMAE, |! | the company may constitute or form part of societies |! | public or private, national or foreign.
For the above mentioned purposes, authorized |! | the State to develop and participate in the |! | business activities provided for in this law.
The legal representative of FAMAE will serve as Director of |! | Factories and arsenals of the army and its domicile |! | will be the city of Santiago. "."
2. replace article 2 ° by the following: ' article 2.-the management and administration |! | " It will be up to the Director of factories and arsenals |! | of the army, who shall be, at the very least, an officer |! | The army in service active, named top |! | by Supreme Decree, to proposition Commander |! | Army Chief.
Factories and arsenals of the army will be a |! | Council responsible for the oversight of all the |! | commercial and industrial, and activities the |! | Director to the Council those keep informed |! | activities.
As regards the supplies for the army, |! | the Director shall be limited to comply with the work plans |! | that provided you this institution, giving account to the |! | Council, no case of issues |! | secret. "."
3. replace article 3 ° by the following: ' article 3.-the Consejo Superior de FAMAE is |! | " integrated by the following members: 1 ° the Commander of the command of Industria Militar e |! | Engineering, who will preside over it.
2 ° the Undersecretary of war, on behalf of the |! | Council of national defense.
3 ° the Director of each of the dealings that |! | below or a representative of the |! | same appointed annually by the Commander in Chief of the army:-direction of operations of the army.
-Management of logistics of the army.
-Direction of rationalization and development of the army.
4 ° the head of Material of the army war.
5 ° the Director of factories and arsenals of the |! | Army.
The Commander in Chief of the army may assist to |! | the sessions of the Council, with the right to voice and |! | vote, in which case shall exercise the Presidency. "."
4. replace article 4 ° by the following: "article 4.-are powers of the Higher Council |! |" FAMAE's: 1° approve annually the operational Plan of FAMAE, |! | proposed by the Director.
2° approve annually the Investment Plan, |! | proposed by the Director.
3° to approve the draft budget of income and |! | Expenses that must be annually presented FAMAE, in |! | accordance with the legislation in force.
4° authorize the Director to alienate and constitute |! | levies on real estate of FAMAE.
To decide on the annual balance sheet of the company, |! | to present the Director.
6° to determine, pursuant to article 8 of this |! | same body legal and a proposal from the Director, the |! | percentages of the FAMAE utility distribution.
7° authorize acts and contracts, |! | whose value exceeds two hundred and fifty units |! | Tax monthly and are not expressly |! | included in plans and budgets already approved.
8° present in the month of April of each year to the |! | Commander in Chief of the army a memory of the March |! | sharing together with the Balance of the |! | same previously approved by the Council.
In such Balance shall consult an amortization |! | minimum of five per cent on the value of the |! | machinery.
9° in general, all those required |! | for the control of commercial activities e |! | Industrial Corporation. "."
5. remove the third paragraph of article 6.
6. replace article 8 ° by the following: ' article 8.-liquid earnings that is |! | " produce in the annual exercise of FAMAE meaning |! | by such gross earnings after deduction of the |! | amortization, punishments, and supplies will be distributed |! | up to 35% (en la forma siguiente: a) to increase the funds of |! | exploitation.
(b) up to 30% for acquisitions, expansions, |! | repairs and installations of machineries, equipments and |! | workshops and for jobs, and experiences of nature |! | military. Also, and with Council authorization |! | Top, this percentage may be used in the |! | implementation of any industry that has relation |! | with national defense or increase in the contribution to the |! | industries in which has participation.
(c) up to 20% for the personal gratification of the |! | establishment and which will be distributed in accordance with the |! | a regulation issued by the President of the Republic.
(d) up to 5% of free provision, which should |! | be used in needs of welfare of its |! | personal or in the construction of residential houses |! | for this.
(e) up to 10% for work of |! | research and development.
The balances of the percentages that remain without |! | invest, will be used to lower the costs of the |! | military supplies.
Also, the Commander in Chief of the army, with |! | the Council's agreement, be able to assign these funds, |! | founded resolution, to the acquisition of |! | properties and land or construction of new |! | facilities and housing for use of the |! | respective institution, or on the extension, repair or |! | provision of existing ones, as, in addition, other |! | institutional purposes that determine this |! | resolution. In the latter case, the referred resource |! | are not considered as income for any legal effect and the |! | procedure for your application will be provided in the |! | This legal provision. The transfer to these funds |! | It will be free of charge, requiring no insinuation or |! | any process and serve as a sufficient title for |! | such transfer the above-mentioned resolution. "."
7 Add the following article 15: "article 15.-There will be a meeting of welfare of |! |" FAMAE, which shall serve to advise to the address, in |! | the solution of social problems and welfare of |! | his staff.
The financing will be based at a contribution |! | egalitarian workers and FAMAE, not superior in |! | set to 4% of taxable remuneration, being |! | 2% of staff.
A regulation, approved by the Council, |! | shall establish its organization and functioning. "."