EIRP Proceedings, Vol 2 (2007)
RESTANDARDIZATION OF THE FINANCIAL SYSTEM OF THE TERRITORIAL ADMINISTRATIVE ORGANISATIONS
Abstract
Starting with 2007 financial exercise The Law no.273 of 29th of June 2006 regarding local
public finances is partly in force .This one settles principles, general background and procedures
regarding local public funds formation ,administration, commitment and utilisation as well as
responsibilities belonging to local public administration authorities and public institutions involved in
this field of local public finances. This law annuls Govern Emergency Ordinance no.45/2003
regarding local public finances published In The Romanian Official Gazette ,Part I,no.431 dated 19th
of January 2003 approved with further modifications and completions by Law no.108/2004 and her
subsequent amendments and completions and any other contrary dispositions.
public finances is partly in force .This one settles principles, general background and procedures
regarding local public funds formation ,administration, commitment and utilisation as well as
responsibilities belonging to local public administration authorities and public institutions involved in
this field of local public finances. This law annuls Govern Emergency Ordinance no.45/2003
regarding local public finances published In The Romanian Official Gazette ,Part I,no.431 dated 19th
of January 2003 approved with further modifications and completions by Law no.108/2004 and her
subsequent amendments and completions and any other contrary dispositions.
References
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