Decreto reformando algunas disposiciones sobre inversión de rentas municipales

Abstract

The image contains news about the decree in which some provisions on investment of municipal income are reformed, it decrees: Article 1, the amounts owed to public credit funds are forgiven to municipal income by reason of the tenth of them, which was intended for the payment of credits and gradual amortization of the internal debt by the law of May 22, 1836. Article 2 hereinafter, municipal income does not contribute one fifth of its products to provincial income, All amounts owed to provincial revenues are forgiven from municipal revenues, due to the third and fifth part with which they should have contributed, in accordance with the organic law of the regime of the provinces and its additional. News published in the newspaper Gaceta de la Nueva Granada, Bogotá (354), Col. 2, Page 52, June 24, 1838.