LEI Nº 12.580, DE 29 DE DEZEMBRO DE 2011. | LEI Nº 12.580, DE 29 DE DEZEMBRO DE 2011. — Brazil law | Esheria

LEI Nº 12.580, DE 29 DE DEZEMBRO DE 2011.

The investment budget is reduced by R$ 20,731,286,239.00 for the companies listed in Annex II.

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Jurisdiction
Brazil
Instrument
Act or statute
Citation
LEI Nº 12.580, DE 29 DE DEZEMBRO DE 2011.
Version
Undated source snapshot
Language
pt
Official source
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appropriation project funding public finance

Statute overview

About this statute

The investment budget is reduced by R$ 20,731,286,239.00 for the companies listed in Annex II. This provision says the law takes effect on the date it is published. This article says the resources needed to carry out article 1 come from own revenue, transfers from the controlling company, domestic and foreign credit operations, other long-term resources, and cancellations of part of approved allocations for other projects/activities. Abre-se crédito suplementar de R$ 8.631.945.462,00 no Orçamento de Investimento, em favor de diversas empresas estatais.