Advanced Search

Law No. 70 From 16 July 1992 To Granting Rights Of Scientific Research Of The Romanian Academy To Use Additional Income Derived From Contracts

Original Language Title:  LEGE nr. 70 din 16 iulie 1992 pentru acordarea drepturilor unităţilor de cercetare ştiinţifică ale Academiei Române de a folosi veniturile suplimentare obţinute din contracte

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
LEGE No 70 of 16 July 1992 for granting the rights of scientific research units of the Romanian Academy to use the additional revenues obtained from contracts
ISSUER PARLIAMENT
Published in OFFICIAL MONITOR NO. 168 of 20 July 1992



The Romanian Parliament adopts this law + Article 1 The scientific research units of the Romanian Academy, fully financed from the state budget, according to the law, will also be able to use the extra-budgetary income obtained from the execution of contracts concluded with legal entities or individuals, from country and abroad, for works carried out in addition to those included in the approved research programs, financed from the budget. + Article 2 (1) The extra-budgetary income provided for in art. 1 shall be collected, administered and accounted for by the scientific research units of the Romanian Academy, without paying out of these to the state budget. (2) The net income resulting from the payment of taxes due, according to the law, will be used by the research units of the Romanian Academy to finance the development of the material base and the information-documentation activity, and a percentage of 15 -30% from these revenues will be used at the end of the budget year to stimulate the staff who have contributed to the execution of contracts for the additional works carried out outside the research programmes financed from the budget. + Article 3 Within 15 days from the entry into force of this Law, the Romanian Academy will issue instructions on the constitution, management and use of extra-budgetary income provided in art. 1. This law was adopted by the Chamber of Deputies at its meeting on June 25, 1992, in compliance with the provisions of 74 74 para. (2) of the Romanian Constitution. CHAMBER OF DEPUTIES PRESIDENT MARTIAN DAN This law was adopted by the Senate at the meeting of June 29, 1992, in compliance with the provisions of art 74 74 para. (2) of the Romanian Constitution. SENATE PRESIDENT academician ALEXANDRU BIRLADEANU -----------------