Act No. 8 / 1959 Coll.
Law laying down basic rules on the State Budget and on the management of budgetary resources
Valid
Effective from 01.01.1959
8
Law
of 20 February 1959
laying down basic rules on the national budget and on the management of budgetary appropriations
The National Assembly of the Czechoslovak Republic decided on the following Act:
Preliminary provisions
(1) The State budget is the basic financial plan of the State.
(2) The source of state budget revenue is mainly socialist production and the building effort of the working people. State budget funds are used to finance economic and cultural construction and to strengthen the power and strength of the Republic.
(3) The State budget is based on five-year national economic development plans. It is linked to the annual plans for the development of the national economy and is based on the financial plans and budgets of ministries, state socialist enterprises and national committees.
(4) To ensure the objectives of the state budget, the creative participation of the people, as the sole economic and social owner of all national assets, is being developed to manage the economy and manage the state.
General provisions on the State budget
(1) The total amount of revenue and expenditure of the State budget shall be fixed for each year by budgetary law in accordance with the tasks of the five-year plan.
(2) The financial year is the same as the calendar year.
(3) The State budget must be balanced.
The state budget is united. It shall consist of the budgets of the ministries and other central offices and bodies and of the budgets of the national committees; Slovakia's budget is part of the state budget.
(1) Within the national budget, the revenue and expenditure of the budget of Slovakia and the budgets of the national committees shall be determined for each financial year.
(2) The Slovak National Council may increase the revenue of Slovakia's budget above the fixed amount and increase expenditure by the same amount.
(3) The National Committee may increase the revenue of its budget above the fixed amount and increase expenditure by the same amount.
Participation of organisations in the State Budget
(2) Budget organisations are involved in the State budget either through gross revenue and expenditure or financial relations (special budget organisations).
(3) Organisations carrying out important public tasks may receive contributions from the State Budget under the conditions laid down by the Ministry of Finance.
State budget composition
(1) The composition of the state budget must correspond to the organisational structure of the economy and the government and must be simple, clear and clear.
(2) The composition of the state budget is determined by the Minister for Finance.
Establishment of the State Budget
(1) The government shall set deadlines for the establishment of the State budget.
(2) When drawing up their draft budget, all organisations shall:
(a) to uncover and exploit all resources to increase revenue and reduce expenditure;
(b) to include in the budget expenditure only in the amounts necessary to carry out the tasks effectively and economically.
Management by State Budget
(1) The appropriations intended for reimbursement of expenditure in the State budget may be used only for the purposes for which they were intended and only up to the amount laid down by the budget. The Minister of Finance shall specify in which cases the funds may be used for another purpose.
(2) The Government may authorise the implementation of the expenditure necessary for the national economy and which is not covered by the State budget if it cannot be covered by the budget of the Ministry, the Central Office or the institution, the regional budget or the budget of Slovakia, provided that it is paid by higher revenue or savings on other expenditure in the State budget, or by the withdrawal of other, less urgent expenditure. Similarly, the Government may authorise a reduction in some of the national budget revenue if it exports such a reduction by increasing other national budget revenue or by reducing expenditure.
Management responsibility
The Government and each of its members, the College of Authorisers and each of its members, the Heads of Central Authorities and the Board of National Committees and the Board of National Committees shall be responsible for carrying out all the planned tasks economically, for detecting and using reserves in the economy, for at least achieving the revenue of the State Budget and for not exceeding the expenditure, except in cases permitted under this Act.
Timing of appropriations
(1) Budget appropriations may be used only by the end of the financial year, only to cover expenditure due by the end of that year.
(2) The reimbursement of expenditure to and from the State budget in the current financial year must not be deferred to the national budget for the following year.
(3) It is not permitted to refer in advance to expenditure due after the current financial year.
(4) It is not possible to make provisions of budget appropriations unless otherwise specified.
(6) In order to ensure the smooth running of the economy and the proper implementation of the commitments by organisations managing the budget resources and for other serious reasons, the Minister for Finance may provide for derogations from the provisions of paragraphs 1 to 4.
Detection of budgetary consequences of laws and other measures
(1) For draft laws, legal measures of the Bureau of the National Assembly, the laws of the Slovak National Council, government regulations and resolutions, regulations and resolutions of the Board of Authors, regulations and decrees of ministers and delegates, and for all measures of ministries, central offices and authorities, as well as for the draft regulations and resolutions of the national committees and their councils, the consequences of their economic and financial consequences must be considered with the greatest responsibility and in the proposals. The implications of these measures for State budget revenue and expenditure should be quantified and the calculation added to the draft measure. Each proposed measure must examine whether its nature permits the introduction of new revenue from the State budget and, if so, new revenue must always be proposed.
(2) At the same time, all the measures referred to in paragraph 1 which increase expenditure or reduce the revenue of the State budget must be proposed to compensate for the increased expenditure or to compensate for the loss of revenue.
Provisional management of state management
The Government shall take appropriate measures for the State management from 1 January of the financial year to the publication of the Budget Act for the year concerned, unless the Budget Act is published before 1 January of the financial year.
Budget of national committees
(1) Each national committee shall draw up and manage its budget.
(2) The National Committees ensure, through their budgets, the development of production and paid services for the population in their respective areas of competence for the continued rise and development of the material and cultural level of workers and for the further development of their municipalities, cities, districts and regions; while ensuring the unity and consistency of national and local interests.
(1) The national committee's budget must be balanced.
Loans and guarantees from national committees
(2) National committees may be guaranteed only for the liabilities of subordinate undertakings and only up to an amount commensurate with the income of the national committee from economic activity; the details shall be adjusted by the Ministry of Finance. National committees may be guaranteed other commitments only under specific rules.
Budget rules of national committees
The arrangements for drawing up, balancing, negotiating and approving the budgets of the national committees and their management and for monitoring them, as well as the conditions for establishing reserves in the budgets, shall be laid down in the budget rules of the national committees. The Budget Regulations are issued by the Minister for Finance.
Control of the Ministry of Finance
(1) The Ministry of Finance shall carry out a systematic control of the financial management on the basis of a control of the implementation of the State budget in all its parts. The task of this audit is to examine the economic context of the provision and implementation of the tasks of the state plan and budget, to meet the needs of the company and whether the principles of the state financial policy have been respected. This systematic economic control is complemented by effective checks at ministries, central offices and authorities, central organisations and at national committees and bodies subordinate to these bodies, which also verify the correctness of the financing methodology. In this way, the Ministry of Finance helps to maximise the creation of all resources and their most efficient use, and removes the economic weaknesses; At the same time, it proposes measures for the continuous development of production forces and the consolidation of socialist production relations.
(2) It is for the Ministry of Finance to carry out its specific review service of the management of budgetary resources in the ministries, central offices and authorities, in the central organisations and in the regional national committees and methodically guide this audit and review activity in the field of the Ministry of Finance. The revision of the management by budgetary appropriations shall be carried out at least every two years, unless otherwise provided for in the implementing rules.
(3) The inspection authorities which carry out the verifications and revisions are entitled to carry out all the operations necessary for the verification and revision, in particular to enter all rooms, facilities and premises belonging to the audited organisation, to secure the examined (revised) material, or to take it into custody where there is a risk of being lost or introduced, and does not prevent an important general interest.
(4) The heads of organisation or personnel authorised by them shall, upon request, provide the control authorities with all assistance necessary for the proper conduct of the examination (revision), in particular the submission of all documents required, in particular the documents of the economic records, budgets, financial plans and analyses, the material on checks, revisions and inspections of any kind carried out by any authority.
(5) The management and other staff of the organisation are required to provide the control authorities with the necessary explanations and expert and other expertise.
(6) The supervisory authorities are obliged to maintain national, economic and professional secrecy on matters which they have learned in their activities.
(7) All State authorities are obliged to provide effective assistance to the control authorities within their respective competences.
(8) In agreement with the participating ministers and the heads of central offices and authorities, the Minister of Finance shall issue more detailed provisions, in particular, on the checks and revisions carried out by the Ministry of Finance.
(9) The specific provisions on control of taxes, levies and charges are without prejudice.
Final provisions
The Government hereby authorises itself to use previous years' financial surpluses to cover liabilities of previous years' past years' past years' past years.
The Minister for Finance shall lay down the implementing rules:
(a) the establishment of a draft state budget, the management of budgetary resources and the financial management of budgetary organisations, as well as the granting of loans to such organisations;
(c) the operation or organisation of lotteries and other similar games.
The Director-General of the State Bank of Czechoslovakia shall, on the basis of the provisions laid down in § 20 (1) (a) of the Directive, make more detailed arrangements for the financing of the basic funds and their control, credit, payment and settlement, cash operations and the control of the drawing of wage funds.
In agreement with the Chairman of the Central Association of Production Cooperatives, the Minister of Finance will issue statutes governing the organisation, tasks and management of long-term loan funds for the organisation of cooperative production in Czech regions.
(1) All provisions contrary to this law shall be repealed; in particular, Act No. 83 / 1952 Coll., on the budgets of the National Committees, and Act No. 86 / 1952 Coll., on the Audit and Review Administration of the Ministry of Finance is repealed.
(2) The provisions of Act No. 83 / 1958 Coll., on the adaptation of financial planning and financial management of national enterprises and other economic organisations of the state socialist sector are not affected.
This Law shall take effect from 1 January 1959; it shall be carried out by all members of the Government.
Novotný v. r.
Fierlinger v. r.
Broad v. r.
Dolan v. r.
Kopecký v. r.
Jankovcová v. r.
Bark v. r.
Shimonek v. r.
Dr Acid v. r.
Plojhar v. r.
Dr Nobility v. r.
Bakuľa v. r.
David v. r.
Děuriš v. r.
Krajčir v. r.
Kromir
Colonel General Lomský v. r.
Machachová v. r.
Dr Non-edible v. r.
Polack v. r.
Tesla v. r.
Uher v. r.
Lamb
Jonah v. r.
Dr Kahuda v. r.
Reitmajer v. r.
Dr Skoda v. r.
Dr Hlasák v. r.
Potato
ge. Black v. r.
Dr Neuman v. r.
Ouzký v. r.
Pospíšil v. r.
ge. Púčik v. r.
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Regulation Information
| Citation | Act No. 8 / 1959 Coll., laying down the basic rules on the State Budget and on the Management of Budgetary Funds |
|---|---|
| Regulation Type | - |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 12.03.1959 |
|---|---|
| Effective from | 01.01.1959 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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