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) the following amendments: 1. Replace the words "the whole law firm (company)" (the number and fold) with the word "businessman" (the number and fold).
2. Add to the preamble, fourth sentence, after the words "local agency" with the words "and to public foundations".
3. To make the term "financial plan" and its explanation in the following: "the financial plan: the budget-funded institutions or measure the distribution of income and expenditure, which allows you to receive the Treasury appropriation."
4. Express article 2, fourth subparagraph by the following: "(4) the cabinet shall determine the national budget process the enforcement procedure, with the exception of article 13 of this law in the third paragraph, and article 36, first paragraph, under certain circumstances."
5. Supplement article 5 with the ninth subparagraph by the following: "(9), the Cabinet of Ministers issued regulations on the management of national authorities in charge of the approval of the list price."
6. Supplement article 9 the fifth part with point 7 by the following: ' 7) European Union policy instruments for the implementation of the European agricultural guidance and guarantee fund, guarantee section intervention financed measures, export refunds and market measures arising from directly applicable European Union legislation. "
7. Express article 11 by the following: ' article 11. Classification to ensure budget covering control and enable to carry out the necessary analysis under administrative, functional and economic categories, determined by the Cabinet of Ministers: 1) budget (State budget and local budgets) revenue, expenditure and financing;
2), the classification of government debt;
3) general government debt and the institutional sector classification. "
8. Make the second sentence of article 12 of the following: "the ministries, other Central Government institutions and local authorities prepare the necessary funds requested under the terms of the Cabinet of Ministers, Ministry of finance budget subprogramme" contingencies "for requesting the funds approved, review, features, use, accounting, control and reporting procedures."
9. 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 until next July 1, prepare an annual public report and not later than one month after preparation shall be published in the newspaper" journal ". The Cabinet of Ministers shall determine the annual public report content and preparation. "
10. Express article 23 by the following: ' article 23. Treasury Treasury is subordinated to the Ministry of Finance's direct regulatory authority from the State budget and earmarked for a specific purpose payments, make the State budget execution and accounting functions and public debt management functions, as well as manages the national occupational pensions and is the statutory instrument the European Union payment authority. "
11. Article 24: replace the second paragraph, the words "Minister of finance" with the words "Cabinet";
replace the third paragraph, the words "Minister of finance" with the words "Cabinet";
to make the fourth subparagraph by the following: "(4) the Minister of Finance made the annual State budget act in the pirmsstrukturāl European Union financial instruments (PHARE) and the policy instruments of the European Union (Cohesion Fund) co-financed project allocation of resources projects program (subprogram) in accordance with the agreements, as well as the State budget loans and loan repayments to the list of actions and projects level."
12. Express 29. the second subparagraph by the following: "(2) the Budget Authority of the Cabinet of Ministers in the order the accounts, pursuant to Cabinet of Ministers approved the asset depreciation rules and conditions of use. The Cabinet of Ministers manages budget financial accounting rules. "
13. Article 30: make first and second subparagraph by the following: "(1) the national budgetary authorities shall prepare and submit an annual report to the Cabinet in the order and volume.
(2) the local Government shall prepare and submit an annual report to the Cabinet in the order and volume. ';
to supplement the article with sixth and seventh paragraph as follows: "(6) the local Government shall prepare and submit monthly reports on the implementation of the budget, financing, loans, and the amount of the guarantee, the Cabinet of Ministers in the order and volume.
(7) the national budgetary institutions and municipalities prepare and submit quarterly reports to the Cabinet in the order and volume. "
14. Turn off the article 34, third paragraph, the words "the Minister of finance in the order".
15. Supplement article 35 the third paragraph with the sentence as follows: "Cabinet of Ministers approved the release of Government securities rules."
16. Article 36: turn off the first part of paragraph 3;
off in the third paragraph, the words "the Minister of finance in the order".
17. Article 37: express first and second subparagraph by the following: "(1) only the Minister of Finance shall have the right, on behalf of the annual State budget act in the framework of the national investment programme and commercial support for the implementation of the programme, as well as study and student lending 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.
(2) the provision of the guarantee, and supervision procedures determined by the Cabinet of Ministers. ";
replace the third subparagraph in paragraph 4, the words "companies and business organizations" with the word "operators".
18. Article 43: replace the first paragraph, the words "Minister of finance" with the words "Cabinet";
make the second paragraph by the following:

"(2) all financial activities of the local Government pursuant to the provisions of Cabinet are recorded in the financial accounting. Call reports are submitted to the laws and regulations of the Cabinet of Ministers. "
19. the express article 45 the second subparagraph by the following: "(2) the authorities provide full guarantees of borrowing and accounting."
20. the transitional provisions be supplemented with 9, 10, 11, 12, 13, 14 and 15 points by the following: "9. This law, article 11, paragraph 2 is in force until 31 December 2005.
10. This law, article 11, paragraph 3 shall enter into force on 1 January 2006.
11. Article 14 of this law, in the third paragraph, the Cabinet of Ministers Regulations provided for the entry into force of the, but not longer than until 1 July 2005 are applicable to the Cabinet of Ministers on 6 November 2002, the Regulation No. 231 "rules on annual public report content and preparation of the agenda", to the extent they do not conflict with this Act.
12. Up to 29 of this law provided for in the second subparagraph of article cabinet from the date of entry into force of the provisions, but no longer than up to 31 December 2005 applicable to the Cabinet of Ministers of 6 March 2001 a Regulation No 96 "rules on budgetary institutions asset depreciation rules and conditions of use" means, in so far as they do not conflict with this Act.
13. Article 30 of this law, first and second parts, the Cabinet of Ministers Regulations provided for the entry into force, but not longer than until 1 July 2005 are applicable to the Cabinet of Ministers of 30 November 2004, the Regulation No 999 "State and local government budget year institutions reporting arrangements", in so far as they do not conflict with this Act.
14. Article 5 of this law, ninth subparagraph, article 12, article 24, second and third subparagraphs, article 29, in the second paragraph of article 30 of the sixth and seventh and the third subparagraph of article 35 the provisions referred to in the Cabinet of Ministers issued up to 1 July 2005.
15. this law, article 37 provided for in the second paragraph of the Cabinet from the date of entry into force of the provisions, but not longer than until 1 July 2005 the applicable Cabinet 30 April 2001 the rules No. 179 "order in which Finance Minister on behalf of the State provide guarantees" to the extent they do not conflict with this Act. "
The law shall enter into force on 1 January 2005.
The Parliament adopted the law of 20 December 2004.
State v. President Vaira Vīķe-Freiberga in Riga 2004 December 24 editorial Note: the law shall enter into force by 1 January 2005.