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Law No. 64 Of 20 March 1998

Original Language Title:  LEGE nr. 64 din 20 martie 1998

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LEGE no. 64 64 of 20 March 1998 on approval Government Emergency Ordinance no. 70/1997 for the ratification of the Loan Framework Agreement between Romania and the Social Development Fund of the Council of Europe, signed in Paris on 1 October 1997
ISSUER PARLIAMENT
Published in OFFICIAL MONITOR no. 120 120 of 20 March 1998



The Romanian Parliament adopts this law + Article UNIC Approval Government Emergency Ordinance no. 70 70 of 6 November 1997 for the ratification of the Loan Framework Agreement between Romania and the Social Development Fund of the Council of Europe, signed in Paris on 1 October 1997, published in the Official Gazette of Romania, Part I, no. 307 of 12 November 1997, with the following amendments and additions: 1. Article 1 shall read as follows: "" Art. 1. -The loan framework agreement between Romania and the Social Development Fund of the Council of Europe, amounting to $13.8 million, equivalent to the equivalent, presented in the Annex to this Emergency Ordinance, is ratified. " 2. Article 2 shall read as follows: "" Art. 2.-The application of the agreement will be made by the Ministry of National Education, designated as an implementing agency. The Ministry of Finance will conclude with the Ministry of National Education a subsidiary loan agreement, which will transmit to it the obligations and liabilities arising from the loan agreement provided for in art. 1 1. " 3. Article 3 shall be repealed. 4. Article 4 shall read as follows: "" Art. 4. -The repayment of the loan, the payment of interest, commissions and other internal and external costs will be borne by the Ministry of National Education, from its own sources and from amounts with this destination, allocated annually from the state budget in own budget. " 5. Article 5 shall read as follows: "" Art. 5. -The Government is authorized that, through the Ministry of Finance, in agreement with the Social Development Fund of the Council of Europe, to introduce during the use of the loan, in relation to the concrete conditions of carrying out the loan agreement, amendments to its content, which concern changes in the structure of the loan to destinations, without the right to increase the destinations "Consultancy, study and improvement services" and "Unforeseen costs" compared to the levels in Annex no. 1, as well as any other changes that are not likely to increase Romania's financial obligations to the Social Development Fund of the Council of Europe or to determine new economic conditionings compared to those originally agreed between the parties. " This law was adopted by the Chamber of Deputies at its meeting on March 2, 1998, in compliance with the provisions of 74 74 para. (2) of the Romanian Constitution. p. CHAMBER OF DEPUTIES PRESIDENT ANDREI IOAN CHILIMAN This law was adopted by the Senate at the meeting of March 2, 1998, in compliance with the provisions of art 74 74 para. (2) of the Romanian Constitution. p. SENATE PRESIDENT CRISTIAN DUMITRESCU --------------------