a treasury for government funds
- A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy.
- ‘In return, [La Poste (…) is required] to pay to the Public Treasury: (a)
- Coin-issuing entities are the NCB, mints, treasury, appointed public agencies and/or appointed private agencies.
- ‘In return, [La Poste (…) is required] to pay to the Public Treasury:
- Coin-issuing third parties are mints, treasury, appointed public agencies and appointed private agencies.
- Coin-issuing entities can include the NCB, mints, the treasury, appointed public agencies and appointed private agencies.
- The Italian authorities argue that indexing the return on the deposit with the Treasury to parameters linked to the Italian public debt is the only mechanism which would not penalise the Treasury and which is consistent with Treasury’s character as an issuer, taking account of the Obligation to deposit the funds with the Treasury.
- The data are broken down by the relevant coin-issuing entities, i.e. NCB, mint, treasury, appointed public agency and/or appointed private agency.
- The entries will be transferred to a special Treasury 904.14 account entitled ‘Winding-up of public Government bodies and para-administrative or professional bodies, and various windings up’.
- Continue to formalise the grey economy and broaden the tax base through implementation of a public expenditure management system (treasury, public internal financial control) and comprehensive tax reforms, with fewer exemptions and lower rates, in particular on labour.
- ARP is a limited company established by law and wholly owned by the State Treasury. ARP conducts activities entrusted to it by law, including participating in ownership-restructuring processes in State-owned enterprises, managing State Treasury assets and shares on behalf of State institutions and providing loans and guarantees for the restructuring of public enterprises.
- The strategy, the objectives of which are not only economic, but also social and macroeconomic , gives KPS, along with ARP, the State Treasury and other relevant public bodies, a variety of powers.
- Coin-issuing entities can include the NCB, mints, the treasury, appointed public agencies and appointed private agencies. Those coin-issuing entities with the exception of the NCB are also referred to as ‘coin-issuing third parties’.
- The strategy, which is designed to achieve not only economic but also social and macroeconomic aims , mandates KPS with various powers, along with the Industrial Development Agency, the Treasury and other competent public bodies.
- If a public entity generates profits it shall turn in a normal share of the profits as dividends to the Treasury, as laid down in Article 42 of Act No 88/1997.