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 (the Saeima of the Republic of Latvia 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, no; 2005) the following amendments: 1. Chapter I : make the term "budget-funded institutions" the following: "budget-funded institutions: the budget authorities, all entirely or partially financed from the budget directly to merchants and organisations.";
to make the term "budgetary authority" as follows: "the budgetary authority — the State or municipal authority with laws and granted certain public mandate a State or local government functions and are totally financed from the State or local government, as well as State and local agencies.";
to make the term "directly from the budget funded operators" as follows: "directly from the merchant-funded budget, which according to the annual State budget of appropriations Act receives funding from the State budget in accordance with the approved financial plan, or from the national regulatory authorities as a means of security within State Government task."
2.2. Article: turn off the fourth part;
to make a fifth by the following: "(5) the cabinet shall determine the public investment programming, financing, implementation and monitoring arrangements."
3. Add to article 5, with the tenth and the eleventh subparagraph by the following: "(10) cabinet two months after the annual State budget law to issue rules for ministries and other central public authorities of the programme and sub-programme indicators of results and procedures determined by the applied indicators and reports on their implementation.
(11) the cabinet shall determine the fees provided by the Court, the amount of payment and order. "
4. Turn off the third paragraph of article 13.
5. To make article 14, the third paragraph as follows: "(3) to inform the public of the institution's operational objectives and results, as well as of the national budget allocated to the use of funds in the previous year, the ministries and other central public authorities, all subordinated to the budget-funded institutions and the local authorities to review the year following July 1, prepare an annual public report, and one month after preparation shall be published the newspaper" Latvian journal "information for the annual report and the public should have access to the full text. Ministries and other central public authorities, all their subordinated institutions financed by the budget, annual public reports published in its website on the internet. The municipality's annual public report shall be submitted to the regional development and local government Ministry for publication in its homepage on the internet and published in at least one local newspaper or in a separate Edition to the public. The Cabinet of Ministers shall determine the annual public report content and preparation. "
6. Express article 17 as follows: "article 17. The development of the budget request shall inform the Minister of finance ministries and other Central Government institutions about the budget request for the development of the guiding principles, the medium-term expenditure planning guidelines and medium-term forecasts of the economic situation, as well as on financial restrictions that must be followed when preparing the budget estimates. "
7.18. Article: make the first part of paragraph 9 by the following: "9) submitted to other government funded bodies financial performance in accordance with the request of the development budget.";
make the third paragraph as follows: "(3) budget funded institutions that receive direct government grants, development of national budgetary request in accordance with the request of the development budget."
8. Express article 24, second subparagraph by the following: "(2) Treasury appropriations expenditure allocated under the annual State budget appropriation of statutory and supports the implementation of the Cabinet."
9. Turn off the second part of article 29 of the second sentence.
10. Express article 30 the third paragraph as follows: "(3) the Ministry, Central Government institutions and local authorities shall submit an annual report to the Treasury until the year following the financial year to May 1. Ministries and Central Government institutions annual report national control is added to the opinion on the annual report for accuracy. The municipality's annual report shall be accompanied by a sworn auditor's report. "
11. Add to article 31 of the third part as follows: "(3) the Finance Ministry to review the year following the financial year 1 November shall be submitted to the Cabinet of Ministers of the State revenue service aggregate information about State and local taxes and levies, tax debts, as well as the amount received, which created the taxpayer statutory tax preferential treatment."
12. Article 34 be expressed as follows: "article 34. The national budget funds-(1) the Minister of finance money management may invest in the Treasury accounts of the budget funds to fixed-income securities or deposit to such terms and on such terms and conditions as he considers reasonable, to remove such investments to ensure the implementation of the budget, as well as the use of money management in the framework of the derivative financial instruments.
(2) the performer in respect of the budget of the municipal budget, special budgets, foreign financial assistance and policy instruments of the European Union have the right to conclude an agreement with the Treasury on the municipal budget funds, specific budget, foreign financial assistance and policy instruments of the European Union funds the balance-in the form of deposits, as well as to invest the balance in the Latvian state securities. "
13.36. in the first paragraph: make introductions to the first sentence as follows: "the state borrowing or lending things, transactions in financial derivatives, as well as other dealings public debt management under the framework of the annual State budget law, foreign financial institutions ' loan contract conditions, as well as on the basis of the financial resources of the market cost, sorts the Minister of finance.";
turn in point 1 the words "on the basis of the decision of the Cabinet of Ministers".
Article: 14.37 to express the first part as follows: "(1) only the Minister of Finance shall have the right, on behalf of the annual State budget as part of the law to provide guarantees, binding public funds, provided that: 1) he has received from the relevant Ministry and was a guarantee for the provision of the necessary reasons and obligations related to proposed or existing guarantees;
2) expenditure incurred in connection with this guarantee, are applied to the national debt. "
to supplement the article with a fifth by the following: "(5) the guarantees on behalf of the State only provides Studio and student lending, public investment programme and commercial support for the implementation of the programme."
15. Supplement article 46 with a fifth by the following: "(5) the ministries and other central public authorities to review the year following the financial year shall be submitted by 1 august the Cabinet information report for the year under review the State budget spending, policies and actions of the indicators, as well as an explanation of the deviation of performance indicators, if any."
16. transitional provisions: exclude paragraph 6;
transitional provisions be supplemented by the following paragraph 16: "16. Article 5 of this law the tenth part of the Cabinet of Ministers referred to in the rules relating to the year 2006, the Cabinet of Ministers issued to 2006 April 1."
The law shall enter into force on 1 January 2006.
The law adopted by the Parliament in the 2005 October 20.
The President of the Parliament instead of the President i. Otter Riga 2005 November 9 Editorial Note: the law shall enter into force on January 1, 2006.