Amendments To The Law On Budget And Financial Management

Original Language Title: Grozījumi Likumā par budžetu un finanšu vadību

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now

Read the untranslated law here: https://www.vestnesis.lv/op/2012/190.3

The Saeima has adopted and the President promulgated the following laws: the law on budget and financial management to make the law on budget and financial management (Latvian Saeima and the Cabinet of Ministers rapporteur, 1994, no. 8; 1996; 1997, no. 24, no. 21; 1998, nr. 9; 1999, no. 24; 2001, nr. 1; 2002; 2003, 23, the No. 2, no. 2., 24; 2005, no. 3, no; 2007; 2008 , 1, 24 no; 2009, 13, 15, 20 no; Latvian journal, 2009, 200. no; 2010, 206.178. no; 2011, 103, 117, 184, 204. No.) the following amendments: 1. Replace the entire law, the words "European Community" (fold) with the words "European Union" (the fold). 2. Chapter I "the terms used in the law": Add to the Department after the term "budget" and its interpretation of the term "budget resort" and its explanation in the following versions: "budget Resort: Ministry, other central public authority or separate from the Ministry or other central public authorities ' budgets separate set of resources and expenditure, which in the annual State budget Act budget provides for appropriations directly. '; Add to chapter after the term "revenue" and its interpretation of the term "frame" package and its explanation in the following: "the legislative package — legislative package consisting of a medium-term budgetary framework law or the draft medium-term budgetary framework law and draft amendments to the draft law, which affects the national budgets in the medium term." turn off the term "obligation" and its explanation; replace the term ' directly financed from the budget of the merchant, the society and Foundation "explanation" society and Foundation "with the words" society, Foundation, Trade Union, religious organization and its authority ".
3. Supplement article 5 with 12.1 part as follows: "(121) determining the paid service pricing, the condition that the payment for the service shall not exceed the cost of providing the service." 4. Add to the title of chapter III, after the words "the law" with the words "project (frame package)". 5. Article 16 be expressed by the following: ' article 16. Responsibility for the medium-term budgetary framework law project (frame package) and the annual State budget act in the project (the budget bill in the package) in the preparation of the Finance Minister is responsible for the medium-term budgetary framework law project (frame package), the annual State budget act in the project (the budget bill in the package) and the development of explanation. " 6. in article 16.1: replace the number in the first paragraph and the words "30 November" with the number and the word "December"; 15 make the second paragraph as follows: "(2) the ministries and other central public authorities submit proposals for new policy initiatives only if relevant in the coming financial years according to across macroeconomic development forecasts will be available features new policy initiatives. Proposals for new policy initiatives submitted to the medium-term budgetary framework law project and the annual State budget act in the development and submission of a project schedule within the time limit. "; Add to article 2.1 part as follows: "(21) to the Parliament, the President's Office, the Supreme Court, the Constitutional Court, the State control, national electronic media Council, the Ombudsman's Office, the public service Commission and the Prosecutor General's Office has the right to submit proposals for new policy initiatives independent of the second part of this article, these forecasts." turn off the fourth. 7. in article 16.2: make a fifth by the following: "(5) in developing the medium-term budgetary framework, the draft law takes into account the following conditions: 1) the second subparagraph of article 6 and 7 above values with respect to the medium-term budgetary framework provided for in the draft law for the first year of its operation is defined in the scope in which they were defined for the previous period of the medium-term budgetary framework law concerning the second year of its operation , subject to the conditions of the sixth part; 2) of the second paragraph of this article 6 and 7 above values with respect to the medium-term budgetary framework provided for in the draft law the second year of its operation are determined by the previous period's medium-term budgetary framework law concerning the third year of its operation values, subject to the conditions and the sixth part of the projected changes in the macroeconomic situation. "; Add to the introductory part of the sixth subparagraph after the number "1." with the name and the number "2." and; express the sixth paragraph 1 by the following: "1) changes in revenue and expenditure in connection with the policy instruments of the European Union and other foreign financial assistance to projects of funds;"; express the sixth paragraph 4 by the following: "4) changes the current payments in the budget of the European Union and international cooperation"; express the sixth paragraph 6 by the following: "6) changes in the budget of the special editions in connection with the ongoing social security recipients about the contingent and the medium forecasts, as well as in relation to ongoing medium-term macroeconomic development and State social insurance contributions forecast for;" Add to sixth with points 7 and 8 as follows: "7) changes in ministries or other Central Government institutions long-term government commitment, if it is accepted the decision of the Cabinet of Ministers; 8) one of the departments of the budget expenditure, the maximum allowable increase when it settled with the other departments of the budget of the maximum allowable expenses reduction. "; make a tenth as follows: "Cabinet of Ministers (10) medium-term budgetary framework the draft law to three years (the package) submitted to the Saeima until May 15 of the current year." 8. Article 18, paragraph: 1.1 to make 4, 5, 6 and 7 point as follows: "4) if there have been changes related to contributions to the budget of the European Union; 5) If changes to the General expenditure is related to the change of State social benefits and pension beneficiary contingent forecasts; 6) If changes in the budget of the special editions are associated with changes in the social security recipient, contingent, and average about forecasts, as well as with the ongoing medium-term macroeconomic development and State social insurance contributions forecasts; 7) if one budget resort expenses maximum volume growth will be covered by the budget of other agencies a maximum expense reduction; " supplemented with paragraph 8 by the following: ' 8) under the Cabinet of Ministers decisions. " 9. Turn off the article 20, first and second subparagraph. 10. in article 24: a supplement to article 1.1 part as follows: "(11) the Latvian diplomatic and consular representations may be made to the State budget expenses or take short-term liabilities of the credit institution of the representative country open account revenue received or paid services rendered and other own revenue according to national budgetary statutory appropriations."; Replace in the second sentence of the third paragraph, the word "commitments" with the words "State budget long-term commitment". 11. Supplement article 27 with 1.1 part as follows: "(11) the Latvian diplomatic and consular representations in the State budget and expenditure financed from them, you can open an account in a credit institution offices in the country. Year end account opened representative offices in the country of the credit institution, the balance of the resources arising from the proceeds of the fee for other services and the same revenue, can be used in the next financial year according to national budgetary statutory appropriation. " 12. Supplement article 30 the fourth part of the sentence as follows: "Cabinet of Ministers defines the capital companies that collect relevant financial statements and financial information." 13. Supplement article 32 to the third part as follows: "(3) the cabinet shall assess national control audit recommendations and, if necessary, decide on further action in implementation." 14. transitional provisions: replace paragraph 37, the number and the word "2012" with a number and the word "2015"; transitional provisions be supplemented with 64 and 65 of this.: "64. In preparing the medium-term budgetary framework law project 2014-2016, in addition to this law, the fifth subparagraph of article 16.2 1 conditions referred to in paragraph shall also take into account the projected changes in the macroeconomic situation. 65. Amendment of this law on supplementing of chapter I, the term "frame" package and its interpretation, amendment of the title of chapter III, amended article 16 of its expression in a new version, as well as the amendment to article 16.2 relating to frame the Bill package enter into force simultaneously with the amendments to the parliamentary procedure roll. " The law shall enter into force on January 1, 2013. The Parliament adopted the law in 2012 on November 15. The President a. Smith in Riga 2012 December 4.