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Law No. 193 Of 21 October 1998

Original Language Title:  LEGE nr. 193 din 21 octombrie 1998

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LEGE no. 193 193 of 21 October 1998 on the refund of the amounts retained by way of guarantee of 10% of the value of the machinery, equipment, apparatus and metal constructions delivered for the Mining Plant for the enrichment of acid ores with iron content from Krivoi-Rog- Ukraine and compensation with these amounts of payment obligations of companies providing to the state budget
ISSUER PARLIAMENT
Published in OFFICIAL MONITOR no. 405 405 of 23 October 1998



The Romanian Parliament adopts this law + Article 1 The refund from the state budget of guarantees of 10% of the value of machinery, equipment, appliances and metal constructions delivered for the mining plant for the enrichment of acid ores with iron content from Krivoi-Rog is approved. Ukraine, retained on the basis art. 15 15 of Decree no. 156/1987 ,, through unbelief. + Article 2 The amounts withheld as a guarantee of 10% are updated by using the exchange rate of the foreign exchange market, communicated by the National Bank of Romania, in force on the date on which the settlement is made, and are related to the machinery, equipment, the metal equipment and constructions that have come out of the warranty period provided for by the domestic delivery contracts. + Article 3 Partial or total compensation is approved, as the case may be, of payment obligations to the state budget, state social insurance budget, health insurance budget and local budgets, on December 31, 1997, of companies commercial supplies of machinery, equipment, equipment and metal constructions, with the amounts retained as a guarantee of 10%, updated according to art. 2. + Article 4 In the operation to compensate the payment obligations to the state budget, with the amounts withheld as a guarantee of 10%, will not be included the supplying companies in the procedure of dissolution-liquidation or bankruptcy, as the case may be. + Article 5 The clearing operation is carried out by the general directorates of the public finances and the county state financial control and, respectively, of the city of Bucharest, based on the supporting documents prepared by the companies providing and endorsed by the Minister of Industry and Commerce, as the principal authorising officer, in compliance with the legal provisions in force. + Article 6 Amounts withheld from companies provided for in art. 4, as well as the amounts remaining to be returned after the compensation are to be included, staggered, in the state budget, with this destination, until December 31, 1999. + Article 7 The late increases calculated as of March 31, 1997 for the payment obligations to the state budget of the companies providing machinery, equipment, equipment and metal constructions for the Combined Plant are exempted from payment. mining enrichment of acid ores with iron content from Krivoi-Rog -Ukraine, related to the amounts compensated under the conditions of art. 3. + Article 8 The operation to compensate the payment obligations to the state budget, as well as the exemption from the payment of the late increases will be made subject to the conclusion, in advance, by each supplier of machinery, equipment, equipment and metal construction, an addendum to domestic delivery contracts, providing for the obligation for it, at its own expense, to bring the furnace delivered in a new guarantee that expires with the external guarantee. The addendum will be endorsed by the Minister of Industry and Commerce as the principal authorising officer. + Article 9 Within 15 days from the date of entry into force of this Law, the Ministry of Finance and the Ministry of Industry and Commerce will issue methodological norms for its application. This law was adopted by the Senate at its meeting of 9 July 1998, in compliance with the provisions of art. 74 74 para. (2) of the Romanian Constitution. p. SENATE PRESIDENT, MIRCEA IONESCU-QUINTUS This law was adopted by the Chamber of Deputies at the meeting of September 22, 1998, in compliance with the provisions of 74 74 para. (2) of the Romanian Constitution. p. CHAMBER OF DEPUTIES PRESIDENT, PAULA IVANESCU ---------------