Resolution No. (108) of 2013 on authorising the Cabinet to transfer financial allocations

General National Congress

Resolution No. (108) of 2013 AD

on authorising the Cabinet to transfer financial allocations

 

The General National Congress,

 

Upon review of:

 

  • The Constitutional Declaration issued on 03 August 2011 AD and amendments thereto;
  • The rules of procedure of the General National Congress;
  • The Law of the Financial System of the State, and the budget, accounts, and stores regulations;
  • Law No. (7) of 2013 AD on approving the general budget for 2013 and amendments thereto;
  • The conclusions of the General National Congress in its one hundred forty-eighth general meeting held on Tuesday, 7 Safar 1435 AH, corresponding to 10 December 2013 AD;

 

issued the following Resolution:

 

Article (1)

The Ministry of Finance and the Ministry of Planning shall be authorised to make the following transfers from Part (3) allocations in the general budget of 2013 AD, provided each transfer is allocated to the Part specified in the following table. The Ministry of Planning shall determine the item in Part (3) allocations in the general budget of 2013 AD from which this amount will be transferred.

 

Part

Sector

 

 

 

From

To

From

To

Amount (LYD)

Item

(3)

(4)

Determined by the Ministry of Planning

Ministry of Economy

300,000,000

Price Stabilisation Fund

(3)

(1)

Determined by the Ministry of Planning

Ministry of Oil

520,000,000

Coverage of salaries for the National Oil Corporation, the companies affiliated thereto, and the [Oil] Facilities Security Guards Unit

(3)

(2)

Determined by the Ministry of Planning

Ministry of Finance

100,000,000

Coverage of judicial rulings obligations

920,000,000

Total: Nine hundred twenty million Libyan dinars only

 

 

Article (2)

This Resolution shall enter into force on the date of its issue and all provisions conflicting herewith shall be repealed. This Resolution shall be published in the Official Gazette.

 

The General National Congress – Libya

 

Issued in Tripoli

On: 7 Safar 1434 AH

Corresponding to: 10 December 2013 AD

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Text information

Text Type
Resolution
Text number
108
Text date
Institution
General National Congress (GNC)
Version of the text
This text is an original law
Text status
Applicable