World Business Advices

For the final adoption of the budget, may, by way of interim funding, expenditure is covered by an export credit was allocated in the budget the previous financial year. If the budget is not adopted, the provisional appropriation was adopted by the council, and, if the laws, decrees or The ordinance requires approved by the supervisory authority. The provisional credits allowed per month commenced or expired, no more than one twelfth:

• of the budget appropriations of the previous financial year when the budget of the service year, not been adopted;
• of the budget appropriation for the current year or, if it is smaller, the budget appropriations of the previous financial year when the budget for the financial year already is adopted.

That restriction does not apply to the expenditure on staff remuneration, for the payment of insurance premiums and taxes. The provisional credits apply only to mandatory spending for current expenditure.

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