(1) The funds of local authorities shall be deposited at the revenue office of the region, the council revenue office or public trust office.
(2) Centralized or equalization funds, as well as loan funds entrusted for management to the bodies referred to in Section 497 of this law, may be deposited in a sub-account of the single treasury account opened at the central bank or at the public trust office
Official text
Transcription: Spot-checked
In force from 24-12-2019
Source page 106
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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Section 454 of the Law No 2019/024 of 24 december 2019 bill to institute the general code of regional and local authorities/akn/cm/act/loi/2019-12-24/2019-024
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