The Saeima has adopted and the President promulgated the following laws: For State and local government funding and to the prevention of waste in article 1. The purpose of the law this law aims to make State and local financial resources and assets to be used lawfully and in accordance with the interests of citizens, to prevent wastage and useless, as well as to limit corruption by State officials.
 
2. article. Legally obliged to deal with State and local funding and property Any actions with State and local funding and belongings must be legitimate, that is, they may act only according to the law, the Cabinet of Ministers regulations, rules and other regulations, as well as municipal councils (Soviets) binding rules adopted and other municipal councils (Soviets) accepted laws and the objectives set.
 
3. article. The obligation to act with appropriate State and local funding and property to local authorities, State and local authorities, businesses and incorporated companies as well as companies in which the State or a municipality part of share capital or total separately more than 50 percent, to handle the financial means and the stuff useful, is this: 1) must be such as to achieve the objectives with the least financial resources and use of property;
2) movable property and a candidate for possession or use of another person for the potentially higher price;
3) Manta collectable possession or use of the very lowest price.
 
4. article. Prohibition to grant credits and loans granted (1) municipalities, State and local authorities, businesses and incorporated companies as well as companies in which the State or a municipality part of share capital or total separately exceed 50 percent, except in other laws and the second and third subparagraphs, provided it is prohibited to grant credits, to issue any loans or guarantees given.
(2) the first paragraph of this article are not subject to the provisions of law established in State and local government institutions.
(3) the first subparagraph of this article shall not apply where the Municipal Council (the Council) gives a guarantee in accordance with the procedure prescribed by law.
 
5. article. The ban put State and municipal property a royalty-free use (1) municipalities, State and local authorities, businesses and incorporated companies as well as companies in which the State or a municipality part of share capital or total separately exceed 50 percent, banned State and local government property to pass to other persons to use a royalty.
(2) the provisions of this article shall not apply where: 1) transfer of State property to use in the municipality;
State property 2) a public body shall transfer to another public authority use or possession;
3) one of its local authorities for municipal property transfer authority in use;
4) one municipality the municipality for another use;
5) in other laws or regulations of the Cabinet of Ministers is authorized to State or municipal property transfer royalty-free use.
 
6. article. Ban State and local governments put in service, the property through a third party mediation of local governments, public authorities, businesses and incorporated companies as well as companies in which the State or a municipality part of share capital exceeds 50 individually or in total interest, prohibited from using third parties, put a State or municipal property usage in other municipalities, State or local government institutions, businesses and incorporated companies as well as companies in which the State or a municipality part or total capital separately for more than 50 percent. These provisions do not apply to cases where the State or local tenant property rental rights acquired by public auction.
 
7. article. Prohibition to dispose of public property at a reduced price (1) municipalities, State and local authorities, businesses and incorporated companies as well as companies in which the State or a municipality part of share capital exceeds 50 individually or in total interest, forbidden to dispose of the property of the State or local government for the apparently reduced price.
(2) the first paragraph of this article shall not apply where: 1) State or municipal property disposal by public auction;
State property 2) disposes of a municipality;
3) public property State authority disposes of other public authorities;
4) in other laws or regulations of the Cabinet of Ministers is authorized to State or local government property to dispose of visibly reduced price.
 
8. article. Prohibition to acquire possession or use of property or the use of services or jobs for the increased price of local governments, public authorities, businesses and incorporated companies as well as companies in which the State or local government share capital exceeds 50 percent of the shares, to buy prohibited possession or use of property, or order services or jobs for the apparent increase in price.
 
9. article. Restrictions on State and local governments to pledge assets (1) forbidden to pledge public institutions owned property.
(2) a public company, incorporated companies or companies in which the State's share capital exceeds 50 percent, or State and local parts in total share capital exceeds 50 percent, allowed to pledge only with Finance Ministers.
(3) the local authorities allowed to pledge their property, which is not only required the permanent function of the municipality or to carry out for pledging is not prohibited by the law or the provisions of the Cabinet of Ministers.
(4) the municipal property may pledge only with the Municipal Council (Council) decision.
 
10. article. Limits (donate) to give to the financial assets and property (1) State and local government offices, except for the laws or regulations of the Cabinet of Ministers specifically provided, is prohibited to bestow (donate) financial assets and property.
(2) State and municipal companies, as well as companies incorporated companies in which the State or a municipality part of share capital exceeds 50 individually or in total interest, 11 and 12 of this law in accordance with the procedure laid down in article financial funds or property may bestow (donate) only cultural, artistic, scientific, educational, sports or health promotion. Bestow (donate) is allowed only if the donation (donation) at the time the company is incorporated companies or companies that are paid to the State or the municipality of all taxes and employees paid salaries or against their proceedings are not actions for the recovery of the debt.
(3) the Gift (donation), within the meaning of this law, the financial resources or property a royalty-free transfer of physical or legal persons.
 
11. article. Donation (donation) Regulations (1) If an individual donations (donations) the amount does not exceed 500 lats, the decision on granting it may take a State or municipality concerned head of the company, or the company's peer incorporated companies authority.
(2) If an individual donations (donations) exceeds 500 lats, it may only be granted by the Minister of Finance: 1) authorization if accepting donations (donations) wish to award a public company, incorporated companies or companies in which the State's share capital exceeds 50 percent;
2) the local Government Council (the Council) authorization if accepting donations (donations) wish to award a municipal company, incorporated companies or companies in which the capital of a municipality part exceed 50 percent;
3 the Minister of finance and on) with the Council (Council) authorisation if State and local parts companies share capital does not exceed 50 percent, but their owned capital exceeds 50 percent.
 
12. article. The gift (donation) Agreement (1) where a separate gift (donation) exceeds 500 lats, bestow (donate) may be just, concluding with a gift (donation) of receiving a written contract, which shall provide for a gift (donation) and contributor (contributor) is entitled to recover from the gift (donation) to the recipient's financial resources if the gift (donation) is not used for the purposes provided for in the Treaty or in the case of other infringements of the provisions of the Treaty.
(2) the gift (donation) agreement is concluded, on the basis of the Cabinet of Ministers approved a model contract.
(3) a copy of the gift (donation) agreement, which entered into a public company, incorporated companies or companies, within 10 days after the conclusion of the contract sent to State control.
(4) a copy of the gift (donation) agreement entered into by the local company, incorporated companies or companies, within 10 days after the conclusion of the contract the municipal court to be sent to the Commission.
 
13. article. Donated funding and essentially control of the use of property (1) control of the country have the right to verify, as natural and legal persons have exhausted financial resources or property donated to them (dāvinājuš), a public company, incorporated companies as well as companies that are part of the national capital.

(2) the local Government Council (the Council), the Audit Commission has the right to verify, as natural and legal persons have exhausted financial resources or property donated to them (dāvinājuš), the municipal enterprises, incorporated companies as well as companies, which is the municipal capital.
 
14. article. The gift (donation) award by the State or local public institutions concluded gift (donation) agreement, as well as information on donations (donations) in this law, the procedure laid down in article 10, shall be entitled to inspect any Latvian residents and media journalist.
 
15. article. Responsibility for the implementation of the provisions of this law concerning this law, 2.-implementation of the provisions of article 12 to the answer the Municipal Council (Council) President, national or local authorities or by the head of the undertaking, incorporated companies or companies the authority. collegiate
The Parliament adopted the law of 19 July 1995.
The President of the Parliament instead of the President a. Gorbunov 1995 in Riga on august 2.