Free Beautiful Agony Account Details

L. December 24, 2007, No 244 - Article 2, c. 13 - Article 3, c. 164

L. December 24, 2007, No 244
Provisions for the formation of the annual budget and multi-state (Finance Act 2008) Art

2

(...)
13. Article 187, paragraph 2, letter b) of that consolidated text referred to Legislative Decree 18 August 2000, No 267, are added at the end, the words "and for the early repayment of loans." (...)

Article 3

(...) 164. This Act comes into force on 1 January 2008, with the exception of the provisions of paragraph 2 of Article 13 and paragraph 36 of this article, which take effect from the date of publication of this Act. (...)

Leg. August 18, 2000, No 267
Consolidated laws on the local

Article 187
Avanzo administration

1. The surplus of funds in a separate administration is not bound, tied funding, funds for financing capital expenditure and depreciation.
2. Any remaining directors, established pursuant to Article 186, may be used:
to ) for reinvestment of the shares set aside for depreciation, including, where the surplus is not sufficient, to apply the passive part of the budget an amount equal to the difference;
b) for coverage of off-balance sheet liabilities recognized under Article 194 and for early repayment of loans ;
c) for the necessary measures to safeguard the balance of the budget referred to in Article 193 where it can not be done with ordinary means for the financing of operating expenses in any period of non-repetitive and incidental expenses only when bedding;
d) to finance investment expenditure.
3. In year to the budget can be applied, with a resolution of variation, the surplus arising from the alleged administration immediately prior to the finalization of the letters referred to ) b) and c ) paragraph 2. For these funds the targeting of expenditure can not occur without the approval of the final account of the previous year, with the exception of funds, the proceeds content, having specific destination and provisions taken from the last approved balance sheet, which can be immediately activated.