Law No. 220 Of 24 December 1997

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

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Law No. 220 of 24 December 1997 approving Ordinance No. 18/1997 on the establishment of the amounts of the compensatory payments for people whose individual contracts of employment shall be disposed of as a result of ISSUING layoff published in PARLIAMENT OFFICIAL GAZETTE nr. 375 of 24 December 1997, the Romanian Parliament adopts this law.


The sole article approving Ordinance No. 18 of 15 august 1997 on compensatory payments to establish for people whose individual contracts of employment shall be disposed of as a result of layoff, issued pursuant to art. and (b). j) of law No. 134/97 for empowering the Government to issue decrees and published in the Official Gazette of Romania, part I, no. 199 of 19 august 1997, with the following modifications: 1. The sole article becomes article 1 with the following content: "Art. 1. Compensatory Payments granted in-conditions of Emergency Ordinance of Government No. 9/1997, approved and amended by law No. 108/97, shall be fixed as the amount of non-taxable ceiling, whose monthly amount is equal to average earnings net branch, but not less than the average earnings of net economy, National Commission for Statistics at the time of the establishment of the right. "
2. After article 1 article 2 shall be inserted, with the following content: "Art. 2. With effect from 1 January 1998, the amount of the compensatory payment shall be established taking into account the net monthly wage made by divisions or groups of divisions corresponding to the Classification of activities in the national economy (CAEN). "
This law was adopted by the Chamber of deputies at its meeting on 15 December 1997, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
p. GILBERT CHAMBER of DEPUTIES PRESIDENT R this law was adopted by the Senate at its meeting on 15 December 1997, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
p. SENATE CHAIRMAN MIRCEA IONESCU-QUINTUS--------------