n. 19. Law on the exemption from income tax standard (1). We the Captains Regent of the Most Serene Republic of San Marino We promulgate and publish the following law approved by the Great and General Council at its meeting on July 29, 1948: Single Article. As from 1 January 1947 the limit for esenzio and exemption from normal cat income. I, II and III established by the Law of 21 December 1933, n. 20, as amended by the Law of 7 July 1947, n. 30, is raised to twelve hundred pounds. Given at Our Residence, this day of 2 August 1948 (1647 dFR). THE CAPTAINS REGENT Arnaldo Para - Giuseppe Renzi THE SECRETARY OF STATE FOR INTERNAL AFFAIRS G. Forcellini (1) Already published separately at the date of promulgation.