LAW OF THE REPUBLIC OF MOLDOVA

of October 13, 2022 No. 286

About modification of some regulations

The Parliament adopts this organic law.

Art. I. - In the Law on debt of the public sector, the state guarantees and the state recrediting No. 419/2006 (repeated publication: The official monitor of the Republic of Moldova, 2014, Art. No. 397-399, 704), with subsequent changes to make the following changes:

1. In Article 2:

after the concept "beneficiary of recrediting" to add Article with concept of the following content:

"consolidation - consolidation of statistical data of components of debt of the public sector and exception of statistical data of components of debt of the public sector for forming of whole;";

exclude the concept "the account with charge of percent";

add the concept "debt of the public sector" with words "which is represented in the aggregated and consolidated form;";

in the concept "deposit" of the word "to public financial institutions" shall be replaced with words "to banks with completely or mainly public capital";

after the concept "internal state guarantee" to add Article with concept of the following content:

"guarantee of the state/municipal company and commercial society with completely or mainly public capital - obligation assumed by the state/municipal company and commercial society with completely or mainly public capital as the guarantor to pay pending obligations of the guaranteed debtor in case of maturity;".

2. In Article 3:

part (to recognize 2) invalid;

in part (the words "about internal and external state loans" shall be replaced with words 3) "about internal and external public debt".

3. Part (Article 4 to add 3) with words ", and for the provided guarantees.".

4. In part (1) Article 5:

Item a) to state in the following edition:

"a) develops the annual Program of state loans including structure and the amounts of financing of central government budget deficit for the corresponding year;";

in Item e) "legislative and" to exclude words;

Items k) and p) state in the following edition:

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