90

Article 90 In the framework of the organic law applicable in the matter, the law of finance: 1° determines the resources and the charges of the State in the conditions and under the reserves specified by an organic law. 2° determines, for a fiscal year, the nature, the amount and the allocation of the resources and of the charges of the State as well as the financial and budgetary equilibrium resulting from it taking into account the constraints of macroeconomic order; 3° determines the proportion of the public receipts that should revert to the State, or to the Decentralized Territorial Collectivities, as well as the nature and the maximum rate of the taxes and assessments collected directly in favor of the budget of those Collectivities, determined in the Council of Ministers. The organic law determines the modalities of application of the provisions of this Article, as well as the provisions for adjustment destined to favor the equality between the Decentralized Territorial Collectivities. The law specifies the conditions for loans and decides on the eventual creation of funds. The law determines: • the modalities of utilization of the funds of external loans and of parliamentary and jurisdictional control; The regime of personal and pecuniary responsibility of the financial authorities who are authors of diversion of the funds of loans as well as that of the disengagement of the responsibility of the State.