Read the untranslated law here: http://www.asamblea.gob.sv/eparlamento/indice-legislativo/buscador-de-documentos-legislativos/reformease-el-art.-64-de-la-ley-del-instituto-salvadoreno-de-bienestar-magisterial/archivo_documento_legislativo
1 Decree No. 747 the Legislative Assembly of the Republic of EL SALVADOR, considering: I.-that by Legislative Decree N ° 485, dated November 22, 2007, published in the official journal N ° 236, took no. 377 of the 18 of December of the same year, was issued the law of the Salvadoran Institute of Magisterial welfare, which aims, among others managing contributions to the financing of medical and hospital services provided by the Institute.
II.-that by Legislative Decree N ° 757, dated 16 June 2011, published in the official journal N ° 122, volume N ° 391 of 30 of the same month and year, interpreted authentically article 64 of the Act referred to in recital above, with the purpose being own resources of the Institute concerned authorities of this can incorporate the surpluses generated in the budgetary execution, when there are remaining at the end of a fiscal year.
III. that notwithstanding the above, subsequent to this interpretation was incorporated a last paragraph to the referred Article 64, by establishing a procedure which gives rise to confusion and leads to different interpretations, thus contradicting the spirit with which was approved Legislative Decree N ° 757 mentioned above.
IV.-that on the grounds that the contributions that are made to the Institute are of the institution's own resources, is appropriate to enable it to where there are surpluses generated in previous fiscal years, they can incorporate them complying with the requirements referred to in the same article 64, so it is appropriate to repeal the latter of the aforementioned provision subsection.
Therefore, use of his constitutional powers and at the initiative of the Member of Parliament Lorraine Guadalupe Pena Mendoza.
DECREES: Article 1.-repeal of subsection last article 64 of the law of the Salvadoran Institute of Magisterial welfare, issued by Legislative Decree N ° 485, dated November 22, 2007, published in the official journal N ° 236, volume N ° 377 18 December of the same year.
Article 2.-this Decree shall enter into force eight days after its publication in the official journal.
GIVEN in the blue room of the Legislative Palace: San Salvador, on sixteenth day of the month 2 of July two thousand fourteen year.
OTHON SIGFRIDO REYES MORALES, PRESIDENT.
ENRIQUE ALBERTO LUIS VALDEZ SOTO, GUILLERMO ANTONIO GALLEGOS NAVARRETE, SENIOR VICE PRESIDENT. SECOND VICE PRESIDENT.
JOSE FRANCISCO MERINO LÓPEZ, LORRAINE GUADALUPE PENA MENDOZA, THIRD VICE PRESIDENT. FOURTH VICE PRESIDENT.
CARLOS ARMANDO REYES RAMOS, FIFTH VICE PRESIDENT.
WILLIAM FRANCISCO MATA BENNETT, MANUEL VICENTE MENJIVAR ESQUIVEL, FIRST SECRETARY. SECOND SECRETARY.
SANDRA MARLENE SALGADO GARCÍA, JOSÉ RAFAEL MACHUCA ZELAYA, THIRD SECRETARY. FOURTH SECRETARY.
IRMA PALACIOS LOURDES VASQUEZ, ERNESTO ANTONIO ANGLE MILE, FIFTH SECRETARY. SIXTH SECRETARY.
FRANCISCO JOSE ZABLAH SAFIE, JOSE SERAFIN RODRIGUEZ ORANTES, SEVENTH SECRETARY. EIGHTH SECRETARY.
Presidential House: San Salvador, on the thirtieth day of the month of July in the year two thousand fourteen.
PUBLISHED, Salvador Sanchez Ceren, President of the Republic.
Carlos Mauricio Canjura Linares, Minister of education.
D. o. No. 141 volume no. 404 date: July 30, 2014.
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