Loi du 11 novembre 1968 autorisant le Gouvernement à subventionner l'exécution d'un progamme quinquennal d'équipement sportif communal et intercommunal. | http://data.legilux.public.lu/eli/etat/leg/loi/1968/11/11/n2/jo — Luxembourg law | Esheria

Loi du 11 novembre 1968 autorisant le Gouvernement à subventionner l'exécution d'un progamme quinquennal d'équipement sportif communal et intercommunal.

This preamble states the law authorizes the Government to subsidize a five-year program for communal and intercommunal sports facilities.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Luxembourg
Instrument
Act or statute
Citation
http://data.legilux.public.lu/eli/etat/leg/loi/1968/11/11/n2/jo
Status
In force
Version
Undated source snapshot
Language
fr
Updated
Official source
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capital projects communal infrastructure government subsidies grant administration grant funding program approval public funding sports infrastructure state funding subsidies

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Statute overview

About this statute

This preamble states the law authorizes the Government to subsidize a five-year program for communal and intercommunal sports facilities. The Government may subsidize sports equipment projects carried out by communes or intermunicipal syndicates, within a total cap of 120 million francs and during 1 January 1968 to 31 December 1972. The sports minister must establish a sports equipment subsidy program, and the Government in council must approve it. State aid may be granted as capital subsidies or interest subsidies, with a total aid rate capped at 35%, unless the project has regional or national interest, in which case the rate may go up to 70%. The costs of implementing this law are paid from a special fund, and the fund is financed by ordinary receipts, extraordinary receipts, and loan proceeds for extraordinary state spending.

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