Law No. 67 Of 22 April 1999

Original Language Title:  LEGE nr. 67 din 22 aprilie 1999

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Law No. 67 of 22 April 1999 approving the Emergency Ordinance of Government No. 27/1998 concerning the acquisition of the internal public debt amount owed by the Supreme Court of Justice, as compensation, the Romanian Foreign Trade Bank-S.A. (Bancorex) to expropriation of real estate located in Bucharest, Rembrandt str., nr. 25, the ISSUING sector 2 published in PARLIAMENT OFFICIAL GAZETTE nr. 172 of 22 April 1999, the Romanian Parliament adopts this law.


The sole article approving Government Emergency Ordinance nr. 27 of 12 October 1998 on the internal public debt at takeover of the sum owed by the Supreme Court of Justice, as compensation, the Romanian Foreign Trade Bank-S.A. (Bancorex) to expropriation of real estate located in Bucharest, Rembrandt str., nr. 25, sector 2, published in the Official Gazette of Romania, part I, no. 388 of 13 October 1998, with the following amendments: 1. Title of the Ordinance shall read as follows: "Emergency Ordinance concerning the bearing from the State budget to the amount owed by the Supreme Court of Justice, as compensation, the Romanian Foreign Trade Bank-S.A. (Bancorex) to expropriation of real estate located in Bucharest, Rembrandt str., nr. 25, sector 2 "2. Article 1 shall read as follows: Art. 1.-in order to achieve the transfer of ownership of real estate located in Bucharest, Rembrandt str., nr. 25, sector 2, the Romanian Foreign Trade Bank-S.A. (Bancorex) in public property of the State, in accordance with the provisions of art. 4 of law No. 33/1994, approved the payment of the State budget, an amount of 162,292,043,414 lei, representing the compensation due to the Romanian Foreign Trade Bank-S.A. (Bancorex) by the Supreme Court of Justice, as designated by Government Decree expropriator nr. 457/98. "
3. Articles 2 to 5 shall be repealed.
4. In article 6, which shall become article 2 shall read as follows: Art. 2.-the property specified in article. 1 will have the destination of the seat of the Supreme Court of Justice.
To fund the consolidation works, real estate and the Supreme Court of Justice is authorized to contract an external credit, with the guarantee of the Ministry of finance.
Reimbursement rates, the payment of interest and other costs incurred in external credit will ensure the funds allocated to this destination through the annual budget of the Supreme Court of Justice. "
This law was adopted by the Chamber of deputies at its meeting on 6 April 1999, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
p. CHAMBER of DEPUTIES PRESIDENT, VASILE LUPU, this law was adopted by the Senate at its meeting on 6 April 1999, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
p. SENATE CRISTIAN DUMITRESCU---------------