LAW No. 3 of 24 January 1992 concerning the establishment of "Olympic Stamps" ISSUING PARLIAMENT Published in MONITORUL OFICIAL NR. 10 of 31 January 1992, the Romanian Parliament adopts this law.
Article 1 is hereby set up, starting with the publication in the Official Gazette of the present law, "Olympic Stamp" worth 5 lei, in favor of the Olympic Committee.
The stamp referred to in paragraph 1. 1 shall apply to each ticket sold at all sports events in the country and is included in the sale price of the ticket.
The proceeds resulting from the application of the "Olympic Stamps" are not subject to tax.
Article 2 the Roman Olympic Committee, together with the relevant Ministry shall draw up detailed rules for the application of this law, to provide for the keeping of an obvious requirement for this stamp receipts and checks with regard to the intended use of such funds.
Article 3 the sports events Organisers are obliged to apply the stamp issued by the Romanian Olympic Committee mobile Novel or apply, by mutual agreement, the timbre of inlaid on the tickets and to pay the sums due, within 30 days, on behalf of the Olympic Committee.
Failure to comply with the provisions laid down in paragraph 1. 1 shall be imposed with a fine from 10,000 to 50,000 lei, according to the provisions of law No. 32/68 on the establishment and sanctioning violations.
This law was adopted by the Senate at its meeting on 16 September 1991.
Academic SENATE PRESIDENT ALEXANDRU BÂRLĂDEANU this law was adopted by the Chamber of deputies at its meeting on 20 January 1992, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
PRESIDENT Of The CHAMBER Of DEPUTIES MARTIAN D — — — — — — — — — — — — — — — —