Current transfer intended for public law entities or non-profit entities that cannot be served by social subsidies, which do not correspond to direct consideration in goods or services, to the transferring entity. Law No. 4,320/1964, art. 12, § 2; LDO; Decree No. 93,872/1986, art. 63, § 2. General Concept: Transfer Expense […]
Administrative instrument, of reciprocal interest, through which the transfer of financial resources is processed through a federal public financial institution or agent, which acts as agent of the Union. Decree nº 6,170/2007, art. 1st, § 1st, II. See also: Contractor, Contractor, Object and Accountability.
Body or entity of the direct and indirect public administration of the Union that agrees on the execution of a Program, Project, activity or event, through a federal financial institution (Agent), through the execution of a Transfer Agreement. Decree No. 6,170/2007, art. 1st, § 1st, V. See also: Transfer Contract and Agreement.
Financial participation that the Beneficiary of a voluntary transfer contractually undertakes to invest in a Project. Counterpart coverage by the Beneficiary can be carried out through a loan or own income. It also identifies the application of resources by the Union, in the case of Credit Operations or donations. LDO. See also: Identifier of […]
Asset or right of the debtor that can be assumed by the guarantor, upon the occurrence of default. According to the LRF, it may consist of linking tax revenues directly collected and arising from constitutional transfers, with powers granted to the guarantor to retain them and use the respective value in the settlement of overdue debt. CF, art. […]
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