Law No. 65 Of 21 April 1997 On The Amendment And Completion Of The Law Nr. 1/1991 On Social Protection Of The Unemployed And Their Professional Reintegration, Republished

Original Language Title:  LEGE nr. 65 din 21 aprilie 1997 pentru modificarea şi completarea Legii nr. 1/1991 privind protecţia socială a şomerilor şi reintegrarea lor profesională, republicată

Read the untranslated law here: https://www.global-regulation.com/law/romania/3070998/-lege-nr.-65-din-21-aprilie-1997-pentru-modificarea-i-completarea-legii-nr.-1-1991-privind-protecia-social-a-omerilor-i-reintegrarea-lor-profesional%252.html

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Law No. 65 of 21 April 1997 on the amendment and completion of the law nr. 1/1991 on social protection of the unemployed and their professional reintegration, reissued the published in PARLIAMENT ISSUING the OFFICIAL GAZETTE nr. 74 of 24 April 1997, the Romanian Parliament adopts this law.


Article 1, law No. 1/1991 on social protection of the unemployed and their professional reintegration, republished in the Official Gazette of Romania, part I, no. 257 of 14 September 1994, changed and completed as follows: 1. Article 24 (1) (d)) shall read as follows: "(d)) that in favorable terms, with an interest of 50% of the official fee of the discount set by the National Bank of Romania to the established banking company designated by auction, for the setting up or development of small and medium-sized enterprises or cooperative units with a maximum of 200 employees or, where appropriate, cooperation with the aim of creating new jobs, especially for the unemployed. The Ministry of labour and social security will transfer, on a semi-annual basis on behalf of banking society authorized to grant loans, part of the Fund for the payment of unemployment benefit for a maximum amount approved by the State social insurance budget; "
2. In article 24, paragraph 2, introductory part and paragraph a) shall read as follows: "(2) for a small or medium-sized enterprise or co-operative unit eligible for credits under art. 24 para. (1) (a). (d)) must satisfy the following conditions: a) to hire the jobless, in a proportion of at least 50% of the new jobs created through the use of loans. If the beneficiary of the loans according to the persons employed in the above conditions before 3 years of employment, he shall be obliged, on the seats which have become vacant, for whatever reason, subject to staff of the same category, within a maximum period of 30 days from the date on which they became vacant. In the case of non-compliance with this condition, the trader will incur a penalty equal to the size of the credit granted for each job created and unoccupied. Pour the penalties for paying unemployment benefit. "
  

3. In article 24, paragraph 2, after subparagraph (c)) Insert the letter d), with the following content: "d) new places, envisaged to grant credits under the conditions of paragraph 1. (1) (a). d), is not the result of mass discharges of personnel over the last 12 months prior to the conclusion of a contract of lending. "
4. Article 24, paragraph 3 shall read as follows: "(3) the maximum Duration of the loan can be for up to 3 years, including a grace period. Where the operator request a new loan, he may be granted in case of payment in full of the loan previously. "


Article 2 Law No. 1/1991 on social protection of the unemployed and their professional reintegration, republished in the Official Gazette of Romania, part I, no. 257 of 14 September 1994, with subsequent amendments and those made by this Bill, will the Republic Official Gazette of Romania, part I. This law was adopted by the Chamber of deputies at its meeting on 1 April 1997, in compliance with the provisions of art. 74 para. (1) of the Constitution of Romania.
PRESIDENT of the CHAMBER of DEPUTIES ION DIACONESCU this law was adopted by the Senate at its meeting on 1 April 1997, in compliance with the provisions of art. 74 para. (1) of the Constitution of Romania.
SENATE PRESIDENT PETRE ROMAN — — — — — — — — — — — — — — — — —