Law No. 29 Of 22 December 1978 On Training, Planning, Destination And The Paying Of Benefits

Original Language Title:  LEGE nr. 29 din 22 decembrie 1978 privind formarea, planificarea, destinaţia şi vărsarea beneficiilor

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Law No. 29 of 22 December 1978 on training, planning, destination and paying benefits to ISSUING NATIONAL ASSEMBLY and published in Official Gazette No. 114 of 27 December 1978 pursuant to article 57 of the Constitution of the Socialist Republic of Romania sign and we have to be published in the Official Gazette of the Socialist Republic of Romania law on formation, planning, destination and paying benefits nr. 29 of December 22, 1978.
NICOLAE CEAUŞESCU PRESIDENT of the SOCIALIST REPUBLIC of ROMANIA Bucharest, 26 December 1978.
The results of work carried out in the economic units, management of funds, expenditure materials and increasing labour productivity, efforts continue to enhance the value of the newly created synthetically expressing themselves in benefits are obtained by these units. The benefit of efficient activity of the groups characterize the working people, the spirit of responsibility with the use of national wealth, the funds entrusted by society. It is the basic resource for the training fund for economic and social development and fund social consumption.
Increasing benefits as a result of economic activities and of good gospodariri of money and material assets ensure each unit so the opportunity to contribute to the development of society and the means of lodging of own funds for self-financing, and intended to cover social needs, as part of the general increase in living standards, set by the party and the State. The current rules concerning the mode of training , planning, use and benefits of economic entities should be made to agree with the measures laid down for improving leadership and planning, financial and economic measures designed to lead to an increase in the role and importance of benefit in carrying out economic and financial self-administration and cointeresarii collectives of working people. It creates a legal framework and on the basis of improved unit to which each group of working people, as well as the governing bodies of the second Socialist to act with responsibility, competence and results of the household so as to reflect the increase in profitability, in carrying out the tasks and benefits.
To this end, the National Assembly of the Socialist Republic of Romania adopts this law.


Chapter 1 General provisions Article 1 the benefit, part of the newly created value, constitutes the basic resource for the formation of the National Fund for economic and social development and fund social consumption, in accordance with the requirements of a high effective economic and social development in all sectors of activity, many of infaptuirii Socialist reproduction and development in sustained national economy.


Article 2 the State Planning Committee, Ministry of finance, ministries and other Central and local bodies have an obligation that, in drawing up the national plan unique economic and social development and State budget as well as in carrying out their work, and to ensure that the necessary measures for the realization by every economic unit has increased production of high-quality, low-lowest cost , the increase in labour productivity, reducing costs of raw materials, fuels and energy, and on the basis of obtaining maximum benefits and rentabilitati.


Article 3 ministries and other Central and local bodies should pursue an active role, so that each unit to pursue an economic activity profitable, contribute by gains realised in the formation of resources for general development of society and ensure repayment of funds advanced by the company, and to improve the development of our own autofinantarea of income working people corresponding to the general programme for the increase of living standard set by the party and the State.


Article 4 economic Establishments, governing bodies, people working in each economic unit have a duty to operate for carrying out the tasks provided for in the single national economic and social development and State budget, under the conditions of a high efficient economic means to gospodareasca materials and the amount of money that they are entrusted to so as to obtain optimum financial results, to cover in full the expenses from own revenue , to meet and exceed the profitability and benefits.


Chapter 2 benefits training and planning units of the Socialist economic benefit of Article 5 is part of the newly created value in productive activity of economic units, formed after the allocation of the following elements: sampling to society part of the net value of production; harassment of staff and worker rights; the costs of research and for the introduction of new technology; the tax on the total remuneration; contribution for social insurance; other expenses with work.


Article 6 economic Establishments, collective governing bodies thereof are obliged in accordance with the provisions of that plan, single national economic and social development, from planning the benefits to take into account the full economic potential of their possession and ensure: a) the establishment of production in physical structure corresponding to the requirements of the internal and external market, determined by contracts or orders;
  

b) getting a maximum production capacity of production and on the premises of existing, using more complete, intensive, in accordance with the needs of the national economy, increasing the production of net fixed assets to 1,000 lei;
  

(c) systematic) increase labour productivity and efficient consumption; compliance with the rules of work and staffing requirements; proper sizing of funds and obstruct the use of economical and efficient of those funds;
  

d) employment rules and norms of consumption and stocks of raw materials, fuels and energy approved the systematic reduction of consumptions and specific;
  

e) harnessing the upper material resources, increasing quality of products and services;
  

f) tapping into shorter periods of time as well as the parameters of the designed investment objectives;
  

(g) promotion of technical progress and) application of scientific research results in order to modernise production;
  

h) sizing to the absolute minimum of general expenses and administrative expenses, within the household rules and norms;
  

I) reduction of production costs and expenditures, management with maximum efficiency of funds and materials, ensuring a strict regime of economy and strengthening financial discipline and plan in all sectors of activity.
  


Article 7 (1) the achievement of the level of benefits on products or product groups, for construction-Assembly works, provision of services and other activities, determined with the approval of production prices, estimated prices, tariffs for services rendered and commercial rebates, constitutes the minimum load for each unit.
  

(2) The fixing of prices for new products, the level of benefit is manufactured by hand in economic policy requirements, costs and the need to ensure appropriate correlations between prices of the various products which express the relationships between the values of the use thereof.
  

(3) the profitability of new products will be differentiated so as to ensure that stimulate the development of products with technical and functional features, high-tech, reducing energy consumption, raw materials, Yes, fuels and energy, better use of fixed funds, increase labour productivity more sharp and abstaining, on the basis of an effective, both establishments and at the recipient.
  


Article 8 (1) benefits of economic plan through the budgets of revenue and expenditure, in accordance with the indicators and efficiency standards, established under the law.
  

(2) the volume of the benefits and the other ministries of Central and local organs of the State shall be approved with the State budget and properly develops and enterprises.
  


Article 9 (1) Benefit economic entities is determined by deducting from the financial results of the company for the levy of a portion of the net value of production under conditions set by law, as well as the expenditure laid down in the annex. 1. (2) the financial results of economic units activity each represents the difference between the revenue and expenditure of the plan period.
  

(3) the revenue and expenditure of the plan period shall be determined under the conditions of prices and tariffs in force, on the basis of indicators relating to the production of the goods sold and charged for construction-Assembly works, services, goods or where other economic activities, the costs of production or circulation, as well as other specific indicators.
  


Chapter 3 the destination state economic units benefits Article 10 benefits of economic entities by the State shall be allocated for the repayment of funds received from the Corporation, general development of society and for the establishment of the enterprise's own funds, under the terms stipulated by the law.


Article 11 (1) Benefits shall be shared by the planned businesses:
  


the repayment of funds received for) financing investments in a share of up to 10 per cent of the benefits; to be taxed with this destination shall make available to the hierarchically superior body, up to the full coverage of the obligation of restitution and only to the extent that this obligation cannot be covered in the plan year from depreciation funds, according to the law;
  

b) Economic Development Fund of the enterprise, subject to the provisions of the single national plan annual budget of revenue and expenditure on investment what is financed from own funds, as well as rates of bank credit due to financing investments, including their interest; to be taxed with this destination are made only for the remaining uncovered from the depreciation of assets and funds from other sources, subject to the conditions provided for by law;
  

c) circulating Fund of funds, up to an annual quota increase planned to overheads and rates are returned to the State budget of the amounts received by us businesses to cover working capital needs in the first year of activity; annual quota increase of circulating assets total planned what covers of benefits shall be determined with the single national plan economic and social development and State budget;
  

d) Fund for housing construction and other social investments, the annual expenditure limit for these objectives in the national plan and the budget of income and expenditure and rates from bank loans due in completion, including their interest; to be taxed with this destination are made only for the remaining uncovered from the depreciation of assets and funds from other income, as provided by law;
  

e) Fund for social action, within the limits and conditions laid down by law;
  

f) Fund for the participation of working people to the benefits, limits and conditions laid down by law;
  

g) other destinations as provided by law;
  

h) payments from the State budget, the amount remaining after repartizarilor from the letters a-g.
  

(2) The undertakings to which the planned benefits don't cover in full the destinations referred to in paragraph 1, points a to g, repartizarile are made in order to: (a) the refund of funds received for) financing of investments;
  

b) Fund for social action;
  

c) Fund for the participation of working people;
  

d) Fund overheads;
  

e) Fund for housing construction and other social investment;
  

f) Economic Development Fund of the enterprise;
  

g) other destinations as provided by law.
  


Article 12 (1) Benefits over the plan made by the enterprises as follows: a) a quota of 20 per cent for economic development fund of the enterprise;
  

b) a 5 per cent share at the Fund for construction of housing and other social investment;
  

c) a share of up to 25 per cent to the Fund for the participation of working people to the benefits, as determined under the law differed in relation to the ways in which I get the benefit of being exceeded; at establishments with loads of exportation shall be allocated, in addition, a share of up to 10 per cent of the benefit over the plan, according to the law, in proportion to the overrun of the export;
  

d) other destinations as provided by law;
  

e) a rate of at least 35 per cent as vărsămînt from the State budget.
  

(2) the resources referred to in letters a and b)) shall be used for the repayment of credits received in addition to the respective funds, as well as for financing investments are determined by unique national plan, the nature of those intended to be covered by these funds, before other law resources.
  


Article 13 power plants allocate benefits planned and carried out in the framework of the plan, and the benefits over the plan of units components with economic-financial self-management without legal personality, for the destinations and in the conditions laid down in this law for businesses.


Article 14 (1) to ensure the achievement of a high technical level of production and quality, as well as to increase the efficiency of the production for export, benefit, i.e. profitability for export production will be consistently larger differential, under conditions provided by law.
  

(2) the Fund for the participation of the working people shall be increased according to the production carried out on exports to stimulate additional staff worker contributes to getting this production.
  

(3) the training and use of benefits achieved in production for export shall be fixed by Decree of the State Council.
  

(4) economic units and groups of working people carrying out production for export benefit from other rights granted under the law for achieving and exceeding the export.
  


Article 15 (1) Banks, savings and insurance, Consemnaţiuni State Administration, State administration of sweepstakes Lottery, guard units to allocate benefits and shall make the payments according to the specific rules laid down in the annex. 2 I-VII.
  

(2) agricultural units of State forestry enterprises, mining and transport, as well as at railway units may be set up from insurance funds benefits or costs caused by calamities of nature, under the conditions laid down in the annex. 2, VIII-X.
  


Chapter 4 making payments from State economic benefits of Article 16 (1) Undertakings shall make the payments of the benefits available to the planned hierarchically superior organ for the repayment of funds received for the investment, the economic development fund of the enterprise, to the Fund for the construction of housing and other social and investment from the State budget in the planned and the time limits laid down by this law.
  

(2) the benefits of the planned Levies Fund overheads, Social Action Fund and the Trust Fund for the participation of the working people is carried out monthly, on the basis of the benefit achieved.
  

(3) the refund from State budget benefits rates relating to amounts received by us businesses to cover working capital needs is carried out monthly, planned, the last working day of each month.
  

(4) payments from benefits due the State budget shall be carried out, depending on the reason for the republican budget, enterprises or local budgets.
  


Article 17 (1) payments from benefits approved by quarters through the budget revenue and expenditure shall be divided in the proportion of 30 per cent for the first month and 35 percent in the other two months.
  

(2) the amounts set out on Monday, according to the preceding paragraph, shall be paid in two equal installments, at 15 and the last working day of each month. If the working day is 15, vărsămîntul shall be carried out on the working day immediately following.
  


Article 18 (1) the payments of the benefits under a plan made available to the hierarchically superior organ for the repayment of funds received for the investment, the economic development fund of the enterprise, to the Fund for the construction of housing and other social and investment from the State budget, as well as those concerning the refund rates referred to in article 11 (1) (c)) shall be calculated cumulatively and shall be reconciled , from the beginning, on the basis of the benefits achieved.
  

(2) the recalculation and settlement payments are carried out on a quarterly basis. At the request of economic entities, the Bank may approve bodies carrying out such operations.
  

(3) the differences due to the recalculation of payments from paid within 10 days after the date prescribed by law for filing the accounting balance sheets.
  

(4) Amounts overpaid shall be compensated for by banks with the amounts charged for the next period, or shall be returned to the undertaking within 5 days of the request.
  


Article 19 (1) in the case of the planned remarks delivered by benefits, payments from the State budget and the amounts destined for refund funds received for financing investments are carried out as a priority, within the scope of the benefits achieved. The benefit of remaining shall be distributed on other destinations in the order laid down in article 11 (2).
  

(2) units of generation, transmission and distribution of electric and thermal energy, garmetan and undertakings which produce flour, bread and malai, according to legal provisions, you plan indicators shall be considered fulfilled if the holders were satisfied the requirements of the beneficiaries; unrealized benefits due to the nelivrarii of the quantities saved does not affect the establishment of the Fund for the participation of working people to the benefits, approved through the budget of revenue and expenditure, provided that the rules of classification in the consumption of fuels, energy, raw materials and materials. Trust Fund for the participation of working people to the benefits so formed shall be distributed from gains realised before other destinations.
  


Article 20 (1) the payments of the benefits over the plan to the State budget shall be made on a provisional basis on a quarterly basis, based on accounting balances.
  


(2) the payments of the benefits over the plan to fund economic development of enterprise and the construction of housing and other social investments, as well as levies to fund the participation of working people to the benefits of the balance sheets is carried out on the basis of the annual accounts.
  


Article 21 (1) to the economic units of heat and power, the benefits are randomized and pour through industrial plants, and to post and telecommunications units through the Directorate General of telecommunications and postelor.
  

(2) payments from the State budget of the benefits due from the forest County inspectorates is carried out monthly on the last working day of the month, while those due from post and telecommunications is carried out monthly, up to 25 of the following month. Payments to the State budget, set on Monday, due to industrial plants for economic units in the power and heat is carried out at 20 of the month and the following month at 5; the last rate of December pour until 31 December.
  

(3) payments from the State budget of the benefits due from the railway units is carried out by the railways Department.
  


Article 22 (1) payments to the State budget of the benefits due from the State-owned agricultural enterprises and resorts for agricultural mechanization is performed on a quarterly basis, within 10 days after the date prescribed by law for filing the accounting balance sheets, except as provided in the budgets of income and expenses for the fourth quarter, which is performed on the last business day of that year.
  

(2) payments from the State budget of the benefits due from the scientific research units, as well as the research-design is performed on the last working day of each quarter.
  


Article 23 (1) Nevărsarea State budget benefits due to statutory time limits for the payment of interest attract 0.05 percent on the sum due for each day of delay.
  

(2) the amounts which represent increases delay spill from the republican and local budget according to the subordination of the unit.
  


Chapter 5, planning, and Training benefits in agricultural cooperatia destination, handicraft and consumer cooperative Units Article 24, artisan and agricultural consumption have a duty to organize the work on economic grounds and high efficiency, to cover in full the expenses from its own revenues, to get benefits and to apply the provisions of this law in the whole of their financial and economic activity, according to the specific requirements of cooperative property and activities.


Section 1 of the agricultural production Cooperatives, economic associations and associations of agricultural cooperatives intercooperatiste production with units of State cooperative consumer or Article 25 (1) agricultural production Cooperatives, leadership councils, all are required to use the Salesian and efficient land fund and other means of production, in order to increase plant production and animal continuously.
  

(2) it is also necessary to develop industrial activities and provision of services for use throughout the year, to gospodareasca the material and financial means, to reduce production costs, in particular those materials, in order to cover fully the expenditure from own revenues, enhance economic efficiency, net production and yielding benefits as article 26 (1) the growth of net production constitutes the main source of public property development and raising the level of life of cooperators.
  

(2) production is the amount of newly created neta and is determined as the difference between the production costs and related materials.
  


Article 27 (1) fixed assets and other production funds are part of the common property of the cooperative, indivisible, agricultural production.
  

(2) the members of the cooperative may hold part of the value of the property as part of the public; for this purpose each cooperator may file an annual sum of money, to fund development of the cooperative, which is owned by its social side.
  

(3) the social side of the totality of the members of the cooperative for the development of deposits of the cooperative may not exceed 50 per cent of the value of a public property.
  


Article 28 in the agricultural cooperatives of production benefit is part of the newly created value and express the results synthetically economical activity. The benefit is constituted after the allocation, of the following items, neta: labour and remunerate the contribution to the Pension Fund and social security in relation to the production and revenues of co-operatives, the tax on land, staffing, and income from industrial activities, insurance premiums, and expenditures provided for in the annex. 1. Article 29 (1) agricultural production for the benefit of the cooperative shall be distributed for: (a) Economic Development Fund);
  

b) Fund overheads;
  

(c) socio-cultural Fund) and sport;
  

d) Fund reserve for production and remunerate work;
  

e) intercooperatist aid Fund and consolidation;
  

f) invitation to fund benefits of cooperators and other working people;
  

(g) the participation Fund) benefits for the social side, consisting of cash deposits of cooperators.
  

(2) the amount of its formation, the destination and the use of these funds shall be determined according to the law, the agricultural production cooperative.
  


Article 30 (1) agricultural production Cooperatives have a duty to carry out an activity that enables them to be profitable as of benefit to distribute each year, the amounts corresponding to the economic development, with a view to the resumption of large scale production process.
  

(2) Economic Development Fund of the agricultural cooperatives of production consists of: a) annual appropriations from gains realised, depreciation rates for fixe and funds from other sources, according to the law;
  

(b) cash deposits) of the members of the cooperative.
  

(3) Funds resulting from cash deposits of cooperative members from the social side will be used, on the basis of the decision of the general meeting of the cooperative, only for productive investments, to develop a public property, which would lead to the growth of production and the benefits of the cooperative.
  


Article 31 (1) every cooperator is entitled in relation to the deposit money to the social side, to receive the benefit of cooperative agricultural production an annual income of 6 per cent, calculated on the total amount of the sum deposited. In case of overshoot of the benefit planned annual income can be from 6 up to 8 per cent, calculated on the total amount of the submitted depending on volume and profitability benefits obtained. In remarks delivered benefit planned situation, guarantee an annual income of cooperators 5 per cent, the report credited the social side.
  

(2) Deposits in money of the social cooperative are made for a period of at least five years. After this period, the sums deposited repay may, upon request, in their entirety or gradually, over a period of 2-5 years in relation to the financial possibilities of the cooperative. Full refund of amounts secured is guaranteed.
  

(3) in the case of retirement, the members of the cooperative are able to maintain their social side and will continue to participate in the benefits in relation to its size.
  

(4) the counterpart of social party, which represent the amounts secured by way of the social cooperative members, may be it has gained through inheritance, under the conditions provided by law.
  

(5) the conditions under which members of the cooperative may submit cash contribution to the social side, how to participate in the benefits in relation to its size, as well as for the reimbursement of the sums deposited, shall be determined by the Statute of the cooperative agricultural production.
  


Article 32 Mecanizatorii and agricultural specialists working in agricultural production cooperatives may apply an annual sum of money to the Development Fund of the cooperative, under the same conditions and to benefit from the same rights as the members of the cooperative.


Article 33 (1) intercooperatiste the economic associations Benefit is determined as the difference between the proceeds from the sale of production, services, other receipts and expenditures and their production costs and what financial support directly from the results set out in the annex. 1. (2) the benefit shall be distributed for: (a) Economic Development Fund);
  

b) Fund overheads;
  

(c) Participation Fund) working people;
  

d) aid Fund and reserve;
  

(e) socio-cultural Fund) and sport;
  

f) shares due associated cooperatives.
  

(3) the amount of its formation, the destination and use of funds shall be established according to the Economic Status of the Association intercooperatiste.
  


Article 34 (1) the benefit of the associations of agricultural cooperatives with production units or State cooperative consumer is determined as the difference between the proceeds from the sale of production, services, other receipts and expenditures and their production and expenditure incur directly from financial results referred to in the annex. 1. (2) the benefit shall be distributed for: (a) Economic Development Fund);
  

b) Fund overheads;
  

(c) the Reserve Fund);
  

d) Insurance Fund;
  


(e) Participation Fund) working people;
  

f) shares due associated units.
  

(3) the amount of its formation, the destination and use of funds shall be determined according to the Statute on cooperation and Association of agricultural cooperatives with production units or State cooperative consumer.
  


Section 2 craft Cooperatives and undertakings organised under the auspices of handicraft cooperatives unions Article 35 craft cooperatives Benefit is determined as the difference between the proceeds from the production activity, services and other economic activities and related expenses as well as expenditure is directly from the financial support referred to in the annex. 1. Article 36 (1) fixed assets and other production funds are part of the common property of the cooperative, indivisible, craft.
  

(2) the members of the cooperative may hold part of the value of the public property as part. To this end, every cooperator may file an annual sum of money to the Development Fund of the cooperative, which is owned by its social side.
  

(3) the social side of the totality of the members of the cooperative for the development of deposits of the cooperative may not exceed 50 per cent of the value of a public property.
  


Article 37 the benefit of craft cooperatives established as the difference between revenues and expenses referred to in article 35 shall be distributed for: a. income tax, set by law, as a contribution to the overall development of artisan cooperatives.
B. Constitution of the own funds of the artisan cooperatives them: the economic development fund);
  

b) Fund overheads;
  

e) Fund for housing construction and other social investment;
  

d the participation Fund) benefits, after hard work and seniority within the unit, the members of the cooperative and staff employed under a contract of employment;
  

(e) Social Action Fund).
  

C. establishment of handicraft cooperatives: specific funds to participate in the Fund) benefits for the social side of cash deposits of cooperators;
  

b) funds for financing specific actions for invalids and the blind;
  

e) funds for cultural and sports actions;
  

(d) the funds referred to in) other statutes, according to the law.
  


Article 38 (1) every cooperator is entitled in relation to the deposit money to the social side, to receive the benefits of co-operative unit in which it operates, an annual income of 6 per cent, calculated on the total amount of the sum deposited. In case of overshoot of the benefit planned annual income can be from 6 up to 8 per cent, calculated on the total amount of the submitted depending on volume and profitability benefits obtained. In remarks delivered benefit planned situation, guarantee an annual income of cooperators 5 per cent in relation to the deposit.
  

(2) Depositions to the cooperators social do for a period of at least five years. After this period, the sums deposited repay may, upon request, in their entirety or gradually, over a period of 2-5 years in relation to the financial possibilities of the cooperative. Full refund of amounts secured is guaranteed.
  

(3) in the case of retirement, the Salesian may maintain its social side and will continue to participate in the benefits in relation to its size.
  

(4) the counterpart of social party, which represent the amounts secured by way of the social cooperative members, may be it has gained through inheritance, in accordance with the law.
  

(5) the conditions under which members of the cooperative may submit cash contribution to the social side, how to participate in the benefits in relation to its size, as well as for the reimbursement of the sums deposited, shall be determined by the Statute of the cooperative craft.
  


Article 39 the benefits from the work of craft cooperatives, unions and those of businesses organized under the law, in addition to these shall be determined under the provisions of art. 35 and allocated for the payment of tax on income, as well as for the establishment of the funds referred to in article 1. 37 letters B and C (a and d).


Article 40 the order of formation and use of the funds is determined by the status of craft cooperatives unions from the Socialist Republic of Romania and the Statute of the cooperative model of artisan and cooperative of invalids.


Section 3 of the Consumer Cooperatives, enterprises and plants organized under the auspices of the consumer cooperatives unions Article 41 consumer cooperatives Benefit is determined as the difference between the proceeds from the sales of goods, purchases, services and other economic activities and expenses related to these activities, as well as the expenditure is directly from the financial support referred to in the annex. 1. Article 42, as Benefit gap between income and expenses referred to in the preceding article, shall be distributed for: a. income tax, set by law, as a contribution to consumer cooperatives in general development of society.
B. Constitution of the own funds of the consumption cooperatives: a) economic development fund;
  

b) Fund overheads;
  

c) Fund for housing construction and other social investment;
  

d the participation Fund) benefits of staff employed under a contract of employment;
  

(e) Social Action Fund).
  

C. the establishment of consumer cooperatives-specific funds: to participate in the Fund) benefits for the social side of cash deposits of cooperators;
  

b) Fund for cultural and sports actions;
  

c other funds referred to in) the statute law.
  


Article 43 conditions under which members of the cooperative may submit cash contribution to the social side, how to participate in the benefits in relation to its size, as well as for the reimbursement of the sums deposited, shall be determined by the Statute of the cooperative consumer organizations, in compliance with the provisions of articles 36 and 38 of this law.


Article 44 the benefits from the activity of unions, consumer cooperatives, as well as those of enterprises and plants organized according to law, in addition to these shall be determined according to the provisions of article 41, and shall be allocated for the payment of tax on income, as well as for the establishment of the funds referred to in subparagraphs (B) and (C) (c) of article 42.


Article 45 the order of formation and use of funds from the benefits of consumer cooperatives and unions thereof shall be established by the Statute of the cooperative consumer organizations.


Section 4 Small and medium medium Small individual individual Article 46 and persons engaged in economic activities are required to carry out a useful task and efficiency, while helping to satisfy the demands of the increasingly numerous groups of the population with regard to the provision of services, performance of works or other activities for which they have been authorized by the law.


Article 47 the benefit obtained by small-scale artisans and other people engaged in economic activities according to the law represents the difference between the revenue collected, according to prices and tariffs in force and expenditure actually necessary.


Article 48 Small craftsmen and other self-employed economic activities due to income tax, set by law, as a contribution to the overall development of their society.


Section 5 Tasks for the Ministry of finance and banking units Article 49 the Finance Ministry and banks are required to ensure compliance with the laws in the financial and economic activity of the agricultural cooperative, artisan and consumer, to act on a permanent basis for taking action with regard to the tasks of social work, saving, judicious management of funds and materials, maintaining financial equilibrium, to ascertain and determine the benefit funds under the law, and making full and provisioning at time due to the State.


Chapter 6 Duties and responsibilities with respect to training, planning, destination and the paying-up of the Socialist economic units benefits Article 50 (1) economic units, collective organs thereof shall be responsible for proper sizing and inclusion in the budgets of income and expenses of the benefits in accordance with the provisions of this law, to ensure the implementation of the measures planned, the benefits of provisioning and prelevarilor and for the observance of strict financial discipline and plan.
  

(2) people in economic units have the obligation to contribute to the judicious and efficient management of assets they are entrusted the Administration to participate towards the debate and resolution of problems related to sizing and achieving benefits, as well as in the elaboration and implementation of measures necessary to accomplish the task, indicators and effective norms laid down.
  

(3) the collective organs of the Socialist economic entities are obliged to submit to the General meetings of working people periodical review of the achievement of the provisions of the revenue and expenditure budget, benefit, and normative indicators of efficiency, the management of money and material values and organisational and technical measures for carrying out the tasks delegated to them.
  


Article 51


Power stations, ministries, other Central and local bodies will be taken as the economic units responsible to ensure maximum efficiency with the use of funds and materials, the rational organization of supply, production and sale, judicious and sizing of full realization of benefits and employment indicators and efficiency standards.


Article 52 the Finance Ministry acting permanent increase of economic efficiency in the national economy, directs and controls the establishment by the economic units through revenue and expenditure budgets of tasks. It also proposes measures for taking or fulfillment of the tasks of a rhythmic plan for collection of revenue of the State, as well as to strengthen control over the use of funds and money; endorse, in duly justified cases, the reduction or exemption of payment delay gives increases relating to payments from benefits.


Article 53 the Ministry of finance, together with the State Committee of Planning, Department of statistics, Central State Committee for prices, banks, other central organs of synthesis, ministries, other Central and local bodies to systematically analyse, on the basis of the accounts, balance sheets, other benefits and regulatory efficiency indicators, the economy as a whole, by sectors and fields of activity and take or propose, where applicable measures to improve the situation, eeonomico-socialist economic financial units.


Article 54 Banks, within the obligations to act in order to obtain an efficient economy, have the task to pursue and to determine measures for collection and the term of the revenues arising from benefits, to analyse the causes of the remarks delivered by the enterprise benefits planned, to exercise a strict control over the fulfilment of plans of production, circulation and provision of services and to determine measures to ensure the achievement of planned benefits and overcome.


Chapter 7 final and transitory provisions in article 55 the formation, planning, destination and the paying of benefits deriving from economic activities and income-producing units organized by State institutions, production activities and services organized by the popular communal councils, activity staff canteens and restaurant worker, and the use of State-owned economic units benefits for the health of the society of the Red Cross shall be carried out according to specific legal rules.


Article 56 the fines and penalties that are not due to a person's guilt, to the extent that it does not cover of the collected with the same title, it supports the law, of the benefits available to economic units left as well as other resources.


Article 57 the recalculate operations and settlement payments and benefits prelevarilor the year 1978 shall be carried out on the basis of the accounting balance sheets at 31 December 1978 concluded, according to the legal provisions existing before the entry into force of this law.


Violation of article 58 of this law shall entail disciplinary, administrative or criminal liability, as appropriate, as well as civil and substantive.


Article 59 appendices. 1-3 are an integral part of this law.


Article 60 (1) this law shall enter into force on 1 January 1979, with the exception of section 1 of chapter V, which enters into force on 1 January 1980.
  

(2) on the same date shall repeal the regulatory acts listed in annex No. 3 and any other provision to the contrary.
  

This law was adopted by the National Assembly at its meeting on 22 December 1978.
The great National Assembly President NICOLAE GIOSAN Annex 1 shall bear the expenses directly from the financial results of economic units of The Socialist economic units. the Depreciation expenses) and repairs to buildings and other fixed assets put into use free public schools and professional organizations that operates under the auspices of these;
  

b) expenditure on the training of and practice in production;
  

(c) land use fee) State property;
  

d monetary Contribution) for works of public interest, according to law No. 20/1971, republished in 1973;
  

e Fee payable) foreign trade enterprises to export contract of Commission;
  

f) costs of the protocol, the units which carry out such costs, in accordance with the legal provisions;
  

g) other charges as provided by law.
  

B. The agricultural cooperatives to help Fund);
  

b) expenditure on the training of and practice in production;
  

(c) Financial Contribution) for works of public interest, according to law No. 20/1971, republished in 1973;
  

any losses not attributable to d), not from previous years;
  

e) other expenses provided for by the law.
  

C. economic associations intercooperatiste and associations of agricultural production cooperatives and State or cooperative consumer expenditure of) training of and practice in production;
  

b monetary Contribution) for works of public interest, according to law No. 20/1971, republished in 1973;
  

c National Union Dues) of Agricultural Production Cooperatives;
  

d) other expenses provided for by the law.
  

D. At artisan cooperatives, consumer cooperatives, unions and their central unions and enterprises and plants under the cooperatives unions) Depreciation and expenses for repairs to buildings and other fixed assets put into use free public schools and professional organizations that operates under the auspices of these;
  

b) expenditure on the training of and practice in production;
  

c) fees for using their land State property;
  

d monetary Contribution) for works of public interest, according to law No. 20/1971, republished in 1973;
  

e Fee payable) foreign trade enterprises to export contract of Commission;
  

f) protocol to Spending units which carry out such costs according to the provisions laid down by law;
  

g) allowance for children;
  

h) any losses not attributable, not from previous years;
  

I) other expenses provided for by the law.
  


Appendix 2 specific rules for the allocation of benefits i. benefits of the National Bank of the Socialist Republic of Romania, the Bank for agriculture and the food industry, the Romanian Foreign Trade Bank and Investment Bank left after securing the resources for financing investments provided for in the single national plan, uncovered from depreciation, shall be distributed in equal proportions to create reserve funds of banks and the State budget. The benefits of savings and resources left over after securing Consemnaţiuni for financing investments provided for in the single national plan, uncovered from depreciation, shall be distributed as follows: a) the budgets of Bucharest and the counties in a quota of 30 per cent;
  

(b) the Reserve Fund), in a 30 per cent share;
  

c) from the State budget in a 40 per cent share.
  

III. After completing the reserve funds laid down in sections I and II, within the limits laid down in the approved statutes, that portion of the benefit intended them spill from the republican budget.
IV. The difference between the income and expenditures of the State Insurance Administration after securing resources for financing investments provided for in the single national plan, not from payback, and after taking over from the results of financial expenses as provided by law, shall be distributed according to its statutes.
V. Benefits Administration-Prono-Sport shall be distributed as follows: a. the benefits planned) benefits from the systems, and the pronoexpres sweepstakes National Council for Physical Education and Sport, for the maintenance and development of physical education and sport;
  

b) proceeds of lottery systems, as well as from other activities, remaining after the establishment of the Fund, in accordance with the law and ensure the resources for financing investments provided for in the single national plan, uncovered from depreciation, shall be distributed to the republican budget.
  

B. Benefits over the plan) benefits from the system, and the pronoexpres Sweepstakes National Council for Physical Education and Sport;
  

b) benefits from the lottery system, as well as from other activities, after supplementation Fund, in accordance with the law, shall be distributed to the republican budget.
  

Vi. (1) the benefits of planned security bodies, which operate according to Decree No. 231/1974 concerning the guarding property, remaining after a detention of up to 20 per cent with a view to the establishment of the compensation fund, and the benefits over the plan, shall be distributed according to the provisions of this law.

(2) the Units subordinated to the executive committees of councils and popular of the municipality of Bucharest, which operates several squads or groups of independent watchdogs, will retain a share of up to 20 percent of the profits from their business activity, planned to establish the Fund for compensation. Planned benefits remaining after allocation of that quota retention follows related units to advise works.
  


(3) share of up to 20 per cent of the benefits of security shall be determined on an annual basis, with the adoption of the national plan and the State budget, as required by compensation and unused fund from the previous years.
  

VII. the establishments referred to in this article shall make the payments from the budget benefits, as follows: a) State administration-sweepstakes, monthly, up to 25 of the month;
  

(b) the State Insurance Administration) shall make the payments to the republican budget, the last working day of each month at the rate of one-third of the planned amounts on a quarterly basis, and the local budgets until the 15th day of each month, on the basis of the first made in the previous month;
  

c) Banks, savings and Home Consemnaţiuni, quarterly, within 10 days after the date specified for submitting the situation achieving revenue and expenditure, with the exception of color planned on the fourth quarter, which is performed on the last business day of that year.
  

VIII. State agricultural enterprises distributes, with priority over other destinations, available to the hierarchically superior body a share of up to 40 per cent of the profits made as determined annually with the State budget, for the establishment of an insurance fund to cover, according to the law, for damage caused by the negative action of natural factors responsible for the enterprises which have soportat such damage.
IX. (1) the forest Enterprises and transport shall allocate, with priority over other destinations, at the disposal of the Ministry of Forest Economy and construction materials of the benefits achieved under the scheme, the amounts required to cover the costs of the establishment the Fund caused by the calamities of nature, within the limit of a sum of 60 million lei.

(2) the Fund shall be used to cover the economic units responsible for the following costs: costs of rebuilding) with fixed funds used in forest exploitations for movies-upcoming stocktaking and transport, damaged or destroyed by natural agents, for works whose value exceeds 15,000 lei for each fund fix damaged;
  

(b) additional costs to eradicate) the effects of disasters;
  

c) damage to property resulting from the destruction of removed material and elements of nature, the effect of circulating means of calamities.
  

X. (1) regional directorates of railways shall apportion, with priority over other destinations, at the disposal of the Ministry of transportation and Telecommunications, of the benefits achieved under the scheme, the amounts necessary for the establishment of the Fund to cover the costs arising from the calamities of nature, within the limit of a sum of 15 million lei.

(2) the Fund shall be used to cover the railway units responsible for expenses relating to the restoration of: lines, bridges and tunnels, telecommunications facilities, buildings, power plant safety movement, other necessary safety movement.
  

XI. commercial enterprises Fund for discounts and expenses with reconditioning or transformation of goods soldabile is constituted according to the law, from any other benefits to be taxed before.


Annex 3 LIST of normative acts what repeal 1. Decree No. 371 on organisation and functioning of the Economy and of the Socialist Republic of Romania Consemnaţiuni, published in Official Gazette No. 32 from august 19, 1958, article 13 of the Statute.
2. Decree No. 504 approving the Statute of the National Bank of the Socialist Republic of Romania, published in Official Gazette No. 143 of 16 December 1970, article 11 of the Statute.
3. Decree No. 55 on the organisation and operation of the Bank for agriculture and the food industry, published in Official Gazette No. 21 of 18 March 1970 and reprinted in the Official Gazette nr. 73 of 10 June 1971, article 8 of the Statute.
4. Decree No. 225 on organisation and functioning of the Investment Bank, published in Official Gazette No. 23 of March 18, 1970, as amended by Decree No. 314/1971, article 65 of the Statute.
5. the Council of State Decree No. 53 concerning some measures relating to improving milling, bakery, husked and published in Official Gazette No. 20 of March 15, 1977, article 10, paragraph 2.
6. Council of State Decree No. 220 regarding the passage of production units with industrial activity from the subordination of the popular councils and of the municipality of Bucharest, under the control of some enterprises, industrial Central and treated as such, under the direction and control of certain ministries to other central organs of State, published in Official Gazette No. 73 of 19 July 1977, article 10.
7. The Council of State Decree No. 495 the fines and penalties what support of State-owned enterprises, published in Official Gazette No. 141 of 30 December 1977.
8. Council of Ministers Decision No. 2930 from 1 December 1967 concerning the Organization and operation of State-owned agricultural enterprises. Council of Ministers decision No. 1485 on the approval of the Statute and the organizational structure of the Romanian Foreign Trade Bank, published in Official Gazette No. 92 of 11 June 1968, article 7 of the Statute.
10. The decision of the Council of Ministers No. 847 on 24 April 1969 amending art. 1, letter b) Council of Ministers Decision No. 30 of 23 January 1961 and article 6. IX of Council of Ministers Decision No. 585 of 28 March 1969, as well as the plan of work and staffing for the year 1969 the Ministry of Forest Economy and construction materials.
11. The decision of the Council of Ministers No. 2256 on loans to households for private housing by Home savings and reallocations Consemnaţiuni and interest to some categories of credit operations, published in Official Gazette No. 138 of 8 December 1969, article 8.
12. Council of Ministers Decision No. 77 on the application of the contractual system in scientific research, published in the Official Gazette nr. 13 on 4 March 1970, articles 7 and 8 point. I and II of the annex. 3.13. Council of Ministers decision No. 859 on planning, allocation and paying benefits, financing, financing of circulating means and investment lending, published in Official Gazette No. 71 of 27 June 1970.
14. Council of Ministers Decision No. 330 of 30 March 1971 on certain measures relating to the organisation and functioning of the Ministry of Tourism, in article 1, paragraph 1. 5.15. Council of Ministers decision No. 652 on planning, financing and allocation of overheads, crediting and paying benefits, financing investments from enterprises for agricultural mechanization, as well as measures for their operation, published in Official Gazette No. 10 June 5, 1971, with the exception of articles 15-17, 21-23, 26.
16. Council of Ministers Decision No. 94 of 28 January 1972 establishing a fund to cover the costs arising from the recovery of the damaged fixed funds of natural agents in the railways sector.
17. Council of Ministers Decision No. 1482 of 11 December 1972 concerning the application of law No. 12/1972 approving the State budget for the year 1973.
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