Helplinelaw - legal solution world wide     Home | About Us | Contact Us
round round
Find a Lawyer/ Law Firm/ Advocate/ Attorney/ Solicitor in Sweden
Please select a Lawyer / Law firm from the Right column. In case you did not find a appropriate lawyer
Click here
articles
constitution
Basic Principles
Fundamental Rights and Freedoms
The Parliament
The Business of the Parliament
More...
search a lawyer
Country:
City:
ACTS, STATUTES
letterboxSubmit Article
loginArticle Login
 
swedenHome > Lawyers > Sweden > Constitution> financial power
sweden Law firms / Lawyers list yourself on this page: Sign Up


Financial Power

Article 1
Provisions concerning the right to approve taxes and charges or fees due the State are set out in Chapter 8.
 
Article 2
(1) State funds may not be used in any way other than that determined by the Parliament.

(2) The Parliament approves the use of such funds for different purposes by adopting a budget5325 in accordance with Articles 3 to 5.  The Parliament may, however, decide that funds are to be employed in another manner.
 
Article 3
(1) The Parliament shall adopt a budget for the next following fiscal year or, if special reasons so warrant, for another budgetary period.  In this context, the Parliament shall estimate revenue and make appropriations for specified purposes.  Decisions taken in this connection shall be incorporated in a national budget.

(2) The Parliament may decide that a particular appropriation within the national budget shall be made for a period other than the budget period.

(3) When adopting a budget under the present article, the Parliament shall take into account the need of funds for the defence of the Realm in time of war danger of war, or other exceptional circumstances.
 
Article 4
If the budget cannot be finally adopted in accordance with Article 3 before the start of the budget period, the Parliament, or, if the Parliament is not in session, the Finance Committee, shall decide as necessary on appropriations to cover the period until a budget is adopted for the budget period concerned.
 
Article 5
The Parliament may revise its estimates of revenue for the current fiscal year, alter appropriations already made, and make new appropriations in a supplementary budget.
 
Article 6
The Government shall submit proposals for a national budget to the Parliament.
 
Article 7
In conjunction with consideration of the budget or in other contexts, the Parliament may establish guidelines for a particular activity of the state covering a period in excess of that for which appropriations have been made for the activity concerned.
 
Article 8
The funds and other assets of the State shall be at the disposal of the Government.  This provision shall not, however, apply to assets which are intended for the Parliament or its agencies or which have been put under special administration by law.
 
Article 9
The Parliament shall determine the principles for the administration and disposition of the property of the State to the extent that this is necessary.  In this context, the Parliament may prescribe that measures of a particular nature may not be undertaken without the Parliament's consent.
 
Article 10
The Government may not take up loans or otherwise assume financial obligations on behalf of the State without authority from the Parliament.
 
Article 11
(1) The Finance Committee confers with the Minister appointed by the Government on negotiable matters affecting terms of employment applicable to state employees or which otherwise come within the scope of the Parliament to examine.  The Committee approves agreements on such matters on the Parliament's behalf or, if the matter has been exempted from agreement, proposals for their regulation.

(2) In the case of employees of the Parliament or its agencies the provisions laid down in law apply instead of the provisions of Paragraph (1).

(3) The provisions of Paragraph (1) do not apply if the Parliament has decided otherwise in a particular case.
 
Article 12
(1) The Bank of Sweden is the central bank of Sweden and is responsible for currency and credit policy.  It shall also promote a sound and efficient payments system.

(2) The Bank of Sweden is an authority under the Parliament.

(3) The Bank of Sweden is administered by eight Trustees. Seven of the Trustees are elected by the Parliament.  These Trustees elect a Trustee to act also as Governor of the Bank for a five-year period.  The Trustees elected by the Parliament elect a chairman from among their number.  This chairman may not exercise any other commission or hold any office within the executive direction of the Bank.  Rules concerning the Parliament's election of Trustees, concerning the direction of the Bank of Sweden in other respects, and concerning its operations are laid down in the Parliament Act and elsewhere in law.

(4) A Trustee for whom the Parliament does not grant discharge of responsibility is thereby severed from his appointment.  The Trustees elected by the Parliament may remove the chairman from office and the person who is a Trustee and the Governor of the Bank from his appointment.
 
Article 13
The Bank of Sweden alone shall have the right to issue banknotes and to determine their pattern and design.  Further provisions concerning the monetary and payments systems shall be laid down by law. 
 
round round
List of Cities
Sweden Law Firm / Lawyers Services Provided in Sweden :
Sweden Divorce Laws, custody, Sweden Corporate Lawyers, Agreement, provident fund, Registered marriage, Court marriage Lawyers, Special/ Foreign marriage, Incorporation of company, Rent, eviction, tenancy, Lease Lawyers, Sweden Labour laws, Appeals, Supreme Court Lawyers, High Court Lawyers, Bail, medical, negligence, Insurance claims/ accidents Lawyer, Sweden Citizenship/ immigration Lawyers, Copyright Laws, Consumer, district Lawyer, State, national, Dowry, Wills & Probate, Trust & Estates Lawyers, Intellectual Property Lawyer, Bankrupt Lawyers, Banking & Finance, Corporate, Private Business Law, Recovery, Joint Venture & Mergers, Consumer, Civil Right Law Sweden, Medical Negligence, Medical Malpractice, legal notice, summons, Income Tax Lawyers, sales, Custom Law, Excise Law, octroi, cess Civil, Criminal Solicitor Sweden, Registration of property, Title search, mutation relationship, Conveyance, Transfer of Property Law, Sweden Property lawyer, deeds, drafts, power of attorney, Recovery, Taxation Laws in Sweden
LEGAL SERVICES
Add Lawyer
Legal Enquiry
Find a Lawyer
Bare Acts / India Codes
Statutes / Code
LAWYER BY LOCATION
India Lawyer
United State Lawyer
UAE Lawyer
Canada Lawyer
Find More...
LAW PRACTICE AREA
Business Law
Employment & Labor Law
Govt. Agencis & Taxtion
Family Law
Real Estate Property Law
Immigration Law
ABOUT HELPLINELAW
About Us
Contact Us
Services
Site Map
Recommend to Friends
© copyright 2000-2010, Helplinelaw.com Terms of USE
This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Persons accessing this site are encouraged to seek independent counsel for advice in India abroad regarding their individual legal, civil criminal issues or consult one of the experts online.