Law On Supplements To The Faroe Islands Home Rule For 2014-2016

Original Language Title: Lov om tilskud til Færøernes hjemmestyre for 2014-2016

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Promise of grants for the Faroese home rule for 2014-2016

We, by God's grace, the Queen of the Danes, do our thing.

The parliament has adopted the following law, and we know that the following law has been approved by Parliament's consent :

§ 1. The government provides for 2014-2016 an annual subsidy of 635,4 million. DKK To the Faroese home regime. The amount shall be adjusted on 1. January 2015 and 1. January 2016, with the general price and wage index fixed by the Financial Ministry, including level correction.

§ 2. The amount of the subsidy shall be paid out of the same rate in the same amount per month. However, the Finance Minister may, in agreement with the Faroe country rule, lay down rules on the changed payment term.

§ 3. The law shall enter into force on 1. January 2014.

Given to Marselisborg Castle, the 26th. December 2013

Under Our Royal Hand and Segl


/ Bjarne Corydon