Advanced Search

Law No. 220 Of 24 December 1997

Original Language Title:  LEGE nr. 220 din 24 decembrie 1997

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
LEGE no. 220 220 of 24 December 1997 for approval Government Ordinance no. 18/1997 on the determination of the amounts of compensatory payments for persons whose individual employment contracts will be opened as a result of collective redundancies
ISSUER PARLIAMENT
Published in OFFICIAL MONITOR no. 375 375 of 24 December 1997



The Romanian Parliament adopts this law + Article UNIC Approval Government Ordinance no. 18 18 of 15 August 1997 on the determination of the amounts of compensatory payments for persons whose individual employment contracts will be opened as a result of collective redundancies, issued pursuant to art. 1 lit. j) of Law no. 134/1997 for the empowerment of the Government to issue ordinances and published in the Official Gazette of Romania, Part I, no. 199 of 19 August 1997, with the following amendments: 1. The single article becomes Article 1, with the following contents: "" Art. 1. -Compensatory payments granted under the conditions of Government Emergency Ordinance no. 9/1997, approved and amended by Law no. 108/1997, are established as non-taxable amount, the monthly amount of which is equal to the average net earnings per branch, but not lower than the average net earnings on the economy, communicated by the National Commission for Statistics, at the date of establishment right. " 2. Article 2 shall be inserted after Article 1, with the following contents: "" Art. 2. -As of 1 January 1998, the amount of compensatory payments shall be determined by taking into account the monthly net salary of divisions or groups of divisions corresponding to the Classification of Activities in the National Economy (NACE). ' This law was adopted by the Chamber of Deputies at the meeting of December 15, 1997, in compliance with the provisions of 74 74 para. (2) of the Romanian Constitution. p. CHAMBER OF DEPUTIES PRESIDENT RADU BERCEANU This law was adopted by the Senate at the meeting of December 15, 1997, in compliance with the provisions of art 74 74 para. (2) of the Romanian Constitution. p. SENATE PRESIDENT MIRCEA IONESCU-QUINTUS --------------