Finances Law

Article 99 Taxation
No tax may be imposed for the benefit of the State except pursuant to a law. No loan to be borne by the State may be contracted without the consent of the Chamber. No real property of the State may be alienated, unless such alienation is authorized by a special law. However, a general law may fix a limit up to which no special authorization is requested. Every purchase by the State of significant real property, every significant commitment of funds in large infrastructure or important building plans, must be authorized by a special law. A general law sets the thresholds from which this authorization is requested. No commitment may burden the State budget further than one fiscal year, except by a special law. No communal charge or tax may be introduced except with the consent of the communal council. A law determines the exceptions shown by experience to be necessary as regards communal taxes.

Article 100 Renewing Taxation
Taxes for the benefit of the State are voted annually. Legislation introducing them remains in force for only one year unless renewed.

Article 101 No Privilege or Exemption
No privilege may be introduced in the matter of taxation. No exemption or abatement may be established except by law.

Article 102 No Other Duties
Save in cases formally excepted by law, no recompense may be demanded of citizens or public establishments except in the form of taxes for the benefit of the State or of the commune.

Article 103 Pension, Half-Pay, Gratuity
No pension, half-pay, or gratuity charged to the Treasury may
be granted except by law.

Article 104 Accounts, Budget
Each year, the Chamber passes the Accounts Bill and votes the budget. All revenue and expenditure of the State is shown in the budget and in the accounts.

Article 105 Audit Chamber
(1) An Audit Chamber is required to audit and settle the accounts of the general administration and of all accountable to the Public Treasury.

(2) The law regulates its organization, the exercise of its powers, and the method of appointing its members.

(3) The Audit Chamber ensures that no budget item of expenditure is exceeded.

(4) No transfer may be made from one section of the budget to another except by law.

(5) Members of the Government may, however, within their own departments, transfer surpluses of one item to another item in the same section, provided that they justify their action before the Chamber of Deputies.

(6) The Audit Chamber draws up the accounts of the different administrations of the State and is required to collect for this purpose all the information and vouchers necessary. The general account of the State shall be submitted to the Chamber of Deputies together with the Audit Chamber's comments.

Article 106 Salaries of Priests
The salaries and pensions of ministers of religion shall be borne by the State and regulated by the law.