Law 11 May 2015 67 - Multi-Year Law Of Spending For The Implementation Of Infrastructure And Public Works Di Cui All

Original Language Title: Legge 11 Maggio 2015 N.67 - Legge Di Spesa Pluriennale Per La Realizzazione Di Infrastrutture Ed Opere Pubbliche Di Cui All

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Council Commission THE PERMANENT FINANCE, BUDGET AND PROGRAM; CRAFTS, INDUSTRY, TRADE; TOURISM, SERVICES, TRANSPORT AND TELECOMMUNICATIONS, WORK AND COOPERATION its meeting on November 14, 2014 examined and approved at the referen SAN MARINO We the Captains Regent of the Most Serene Republic of San Marino Having regard to Article 4 of the Constitutional Law n.185 / 2005 and Article 6 of Qualified Law n.186 / 2005; Promulgate and publish the following ordinary law approved by the Great and General Council at its meeting on April 29, 2015: May 11, 2015 67 LAW OF MULTI-ANNUAL SPENDING LAW FOR THE CONSTRUCTION OF INFRASTRUCTURE AND PUBLIC WORKS REFERRED TO IN ARTICLE 62 OF LAW 23 December 2014 219 Art. 1 (Purpose) 1. In implementation of Article 62 of Law 219 of 23 December 2014 "Balance of the State and Public bodies forecast for the financial year 2015 and Accounts 2015/2017 Recurring" in order to finance the complete design and construction of infrastructure and public works considered strategic and priority, both for the development and modernization of the country, to achieve the rationalization of public expenditure, identified in the multi-year plan of investments approved by order of day of the Great and General Council of 22 December 2014, with particular reference to the realization of the Campus School in Fonte dell'Ovo, the Security Polo, Piazzale Giangi of parking spaces in the city and Borgo Maggiore and the new office in San Marino RTV, as well as the restructuring of the new Polo Valdragone services, whose costs and implementation time multiannual commitments in excess of the annual budget provided for availability in the State Congress is authorized to resort to extraordinary sources of funding as specified in the following articles. Art.2 (Magnitude of funding) 1. The medium and long-term public debt total amount resulting from the financing of which the upper section may not exceed the ceiling of EUR 30,000,000.00 = (thirty / 00) . Article 3 (financing procedures) 1. The financial and operating mode of the operation of access to capital markets, internal or foreign, established in Article 62, paragraph 1, letter c), of the Law n.219 / 2014 They will be communicated to the acknowledgment to the Great and General Council. Art.4 (Financial coverage) 1. in the current year financial year charged to financial expenses will be covered through the use of Chapter 03/01/2762 "Interest expense on funding for the construction of strategic infrastructure projects for economic development ". Art.5 (Entry into force) 1. This law comes into force on the fifth day following that of its legal publication. Our Residence, this day of 11 May 2015/1714 THE CAPTAINS REGENT Andrea Belluzzi - Roberto Venturini THE SECRETARY OF STATE FOR INTERNAL AFFAIRS Gian Carlo Venturini

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