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Cabinet of Ministers Regulations No. 487 in Riga, July 5 2005 (pr. No 38 6) budget funded institutions long-term registration order Issued in accordance with the law on budget and financial management 24. the third paragraph of article i. General provisions 1 the questions determines the order in which the Treasury is recorded in the budget-financed institutions are a long-term commitment. II. Long-term liabilities 2. registration of the budget funded institution within 10 working days after the conclusion of the contract shall submit to the relevant Ministry or other public institution in the Central long-term registration application (hereinafter application) in accordance with the provisions of annex 1. The application shall indicate the type of connection in accordance with the provisions of annex 2 and of the contracts concluded. Application relating to the European agricultural guidance and guarantee fund, guarantee section, the rural support service shall be for all European agricultural guidance and guarantee fund, guarantee section measures in General. 3. the Ministry or the relevant central national authority within 10 working days of examining the application and adopt a decision on the application of approval 3.1.:. Of applications approved by the Ministry or the relevant central national authority shall submit to the Treasury 20 working days after the conclusion of the contract;
3.2. the rejection of the application. Ministry or the relevant central national authority shall notify in writing to the institution financed by the budget of the refusal to accept the application and provides the grounds for refusal. 4. Treasury 10 working days shall examine the application and, if it complies with the law on State budget for the current year approved a long-term commitment for the total breakdown of the programmes and sub-programmes, recorded it. The Treasury shall be notified in writing to the institution financed by the budget long-term commitment number and date of registration. 5. If the application contains a total amount of commitments (by year) exceeds the law on State budget for the current year approved long-term liabilities the total breakdown of the programmes and sub-programmes, the application does not register. The Treasury shall be notified in writing to the institution financed by the budget for the refusal to register the application and provides the grounds for refusal. 6. If the long-term commitment established a change in contract performance conditions that can affect the long-term performance of the prescribed time limit, the budget funded institution shall submit an application to repeatedly and repeatedly recorded in long-term liabilities. In this case the Treasury long-term registration data stores and supplemented accordingly. 7. About Treasury registered also recognises the following obligations 7.1. long-term public debt obligations recorded in the Treasury management system;
7.2. European Union structural funds co-financed projects long-term commitment for the implementation of the structural funds, which recorded a single computerized information system;
7.3. the European Union cohesion fund co-financed project implementing a long-term commitment, which registers the cohesion fund projects in the single information system. Prime Minister, Health Minister g. Smith Minister of finance Spurdziņš o. Annex 1 Cabinet July 5, 2005, regulations no 487 Finance Minister o. Spurdziņš annex 2 Cabinet July 5, 2005, regulations no 487 types of long-term liabilities long-term liabilities 1 national debt obligations — to ensure repayment of the principal.
2. Long-term debt obligations to ensure compliance — on loans and credits.
3. payments to international organizations and programmes.
4. the national long-term investment projects.
5. Leasing (leasing) long-term liabilities for the acquisition of fixed assets.
6. Public-private partnership project.
7. the long-term commitment of the structural funds of the European Union for the implementation of the projects financed.
8. the long-term commitment the European Union cohesion fund projects.
9. European agricultural guidance and guarantee fund, guarantee section measures financed.
10. the European Community initiatives and other programmes of the European communities.
11. foreign financial help. Minister of finance Spurdziņš o.
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